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WiMi Hologram Cloud Builds A Multi-feature Fusion-based Target Tracking Algorithm System

WiMi Hologram Cloud Builds A Multi-feature Fusion-based Target Tracking Algorithm System

BEIJING, May 31, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a multi-feature fusion-based target tracking algorithm system. The system detects, extracts, identifies, and tracks human motion targets in images and video sequences. It also acquires relevant parameters of the moving object, such as position, velocity, and trajectory, and then processes them to perform higher-level tasks.

There is a wide variety of human body features. Feature selection and extraction are critical issues in human motion analysis. Motion data must be acquired first to achieve human motion recognition and tracking. Then the motion data is processed by smoothing and noise reduction methods. After processing, features are extracted from the processed human motion data using the feature extraction module, and the extracted features are used for training and classifier classification.

The system uses image processing and analysis techniques, machine learning, and pattern recognition to recognize and analyze the position and motion of the human body. This includes identification, classification, and vision processing related to human objects, position detection, motion analysis, and behavior understanding associated with processing. The goal of target tracking is to accurately identify the region of interest of a target in a continuous image sequence and to acquire motion data such as target velocity and trajectory. This provides the basis for solving subsequent advanced vision problems, such as target behavior analysis and recognition. The system captures human motion data, extracts features, then integrates the extracted human images into mixed reality and obtains human photos.

With the continuous development of artificial intelligence and virtual reality technology, human-computer interaction system has become a hot topic of current concern. The human body is a very complex collection that many motions or hand gestures can express. Human motion recognition and tracking is an essential way of human-computer interaction, and it has broad application prospects in games, intelligent robots, and smart homes.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

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