New York, New York —April. 11, 2018 —Perfect Corp. announces the launch of the "AI Meets Beauty" challenge, demonstrating their continued commitment to innovating in the beauty tech industry. The challenge, launched in partnership with Academia Sinica, Cyberlink Corp., and Association for Computing Machinery (ACM), invites participants to tackle the task of recognizing half a million real-world beauty products to one single product image for a chance to win prizes. This inaugural Perfect Corp. challenge serves to encourage innovation and collaboration in beauty tech and to develop tangible applications for enhancing the future beauty consumer experience.

"We believe in the transformative effects of AI learning and are investing heavily in developing next generation AR and AI solutions for beauty consumers, brands, and retailers,” said CEO Alice Chang. “The global AI challenge calls for the world's brightest minds to develop beauty tech solutions using AI to create a truly personalized, immediate, and readily accessible experience for beauty consumers."

Perfect Corp.'s long-time expertise in AI development, as experienced in YouCam Makeup, allows users to virtually try makeup products and looks through real-time 3D AR with true-to-life effects for all ages and skin tones. YouCam’s strength in AI also provides users with real-time virtual hair color trials, instant skin diagnostics, and virtual makeup look transfer from any magazine or advertisement. By challenging the creative innovators of the future, Perfect Corp. hopes to inspire a future of effective AR and AI solutions.

App Availability
Perfect Corp.'s flagship app YouCam Makeup is available for free download on the App Store and Google Play.

About Perfect Corp.
With over 580 Million downloads globally, Perfect Corporation is dedicated to transforming how consumers, content creators and beauty brands interact together. Our experienced team of engineers and beauty aficionados are pushing the frontiers of technology to create the beauty platform of the future – a fluid environment where individuals express themselves, learn the latest about fashion and beauty, and enjoy instant access to the products from their favorite brands. Further information about Perfect Corp. can be found at perfectcorp.com

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Press Contacts
Corporate: Anne Shih at press@perfectcorp.com or by phone at: +886-2-8667-1298, ext. 2448
Japan:: Ryusho Hosaka at contact_pr_jpn@perfectcorp.com or by phone at: +81-3-5875-6651
USA: Susan Biegacz at contact_pr@perfectcorp.com or by phone at +1 (212) 929-7979
Germany: Volker Maxisch at contact_pr_deu@perfectcorp.com or by phone: +31-43-306-0797
France: Laëtitia D’Urso at contact_pr_fr@perfectcorp.com or by phone: +33 (0)1 79 30 90 39
United Kingdom: Sylvain Delteil at contact_pr_uk@perfectcorp.com

All companies and product names mentioned herein are for identification purposes only and are the sole property of their respective owners. Copyright © 2018 Perfect Corp. All rights reserved.