- Vuzix will offer select clients a
private look at its next generation optics system technologies
designed specifically for fashion forward smart glasses
ROCHESTER, N.Y., May 10, 2024
/PRNewswire/ -- – Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products,
announced it will be offering, by-request-only, demonstrations of
its latest optical display system advancements at Display Week
2024, May 12-17 in San Jose, California. As a leading industry
supplier of integrated AR solutions, Vuzix has set the bar for
what's possible with enterprise and consumer waveguide-enabled
wearable displays, having brought to market thus far the largest
and most diverse smart glasses portfolio in the world. The Company
will focus on several recent achievements at Display Week, which
figure into its future product roadmaps or OEM configurations.
Full Color Waveguide Technology
Vuzix is currently developing a revolutionary waveguide assembly
that radically reduces the substrate density of its embedded
display system, with a design specifically tailored for use in
lightweight, fashion forward smart glasses. Improving upon Vuzix'
already high brightness waveguides, this new solution already
delivers some of the highest uniformity increases available today,
with full color capabilities offered at half the thickness of our
prior waveguides. Though still in refinement, this solution will be
available at Display Week 2024 for select partners.
Integrated Vision Correction
In response to ongoing demand for waveguide lenses featuring
integrated vision correction prescriptions, Vuzix has engineered a
proprietary waveguide solution to bring prescription AR smart
glasses to the mainstream. With a host of patents and patents
pending related to improving its optical waveguide
capabilities, and a new facility expressly built for scaled
waveguide production, Vuzix offers the critical hardware backbone
for new generations of wearable product deployments driven by the
Company's OEM clients. Over 20 years of solutions-oriented optics
experience, a lightweight, prescription-ready and highly
configurable waveguide system, and streamlined manufacturing
capabilities all combine as part of a strategic trifecta available
only from Vuzix currently, effectively helping to set the stage for
the next wave of broad AR smart glasses adoption.
Vuzix Incognito
Vuzix Incognito waveguide technology is a breakthrough in waveguide
design and optical performance for AR smart glasses. Unlike other
heads-up displays today, which suffer from forward light leakage
resulting in everything from system inefficiencies to privacy
concerns, Vuzix Incognito elegantly manages internal light
reflection. This innovative technology conserves and redirects
light moving through the waveguide, enhancing low light optical
performance, and virtually eliminating the forward eye glow common
among other heads-up displays. The company is already targeting
defense, industrial, enterprise and broader consumer applications
with its Incognito-enabled solutions.
Vuzix Ultralite OEM PlatformSM
Vuzix'
highly configurable Ultralite OEM Platform continues to expand,
offering our OEM clients an array of choices between technical
capabilities, waveguide systems, styles, colors, and design options
to suit a vast range of customer specifications. Recently, the
Vuzix Ultralite OEM Platform garnered the Company's 20th
consecutive CES Innovation Awards win, this time for its sports
& fitness design. Leveraging an attractive, lightweight form
factor geared for broad customer adoption, the Vuzix Ultralite OEM
Platform makes everything a wearer needs to know available at a
glance. It leverages a hands-free, wireless connection to the
information from the wearer's smartphone or smartwatch, placing it
unobtrusively in the wearer's line of sight. Text messaging, social
media updates, directions, health and fitness information, and even
workplace equipment data, such as from finger scanners or customer
order management tools, can now be made instantly and conveniently
available right in the wearer's eye.
"We couldn't be more excited by the mix of advancements that
Vuzix is bringing to the AR market. We feel there is no other
company in the world that offers the combination of market-facing
innovation and experience that put Vuzix on the map," said
Paul Travers, President and CEO of
Vuzix. "Only Vuzix can offer groundbreaking technology manufactured
at scale at competitive price points. We're looking forward to
exploring new opportunities at Display Week 2024, and giving key
partners a chance to interact with a few of our more recent
advancements."
To learn more or request a meeting at the upcoming Display Week
2024 conference in San Jose,
contact warren_russell@vuzix.com.
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 375 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2024 and several wireless technology innovation
awards among others. Founded in 1997, Vuzix is a public company
(NASDAQ: VUZI) with offices in: Rochester, NY; Oxford, UK; Munich,
Germany; and Kyoto and
Tokyo, Japan. For more
information, visit the Vuzix website, Twitter and Facebook
pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are
"forward-looking statements" within the meaning of the Securities
Litigation Reform Act of 1995 and applicable Canadian securities
laws. Forward-looking statements contained in this release relate
to Vuzix waveguides, the integration of prescription correction
optics, Incognito features, the prospects and features of the
Ultralite platform, future capabilities, adaptability with existing
industry manufacturing techniques, and among other things the
Company's leadership in the Smart Glasses and AR display industry.
They are generally identified by words such as "believes," "may,"
"expects," "anticipates," "should" and similar expressions. Readers
should not place undue reliance on such forward-looking statements,
which are based upon the Company's beliefs and assumptions as of
the date of this release. The Company's actual results could differ
materially due to risk factors and other items described in more
detail in the "Risk Factors" section of the Company's Annual
Reports and MD&A filed with the United States Securities and
Exchange Commission and applicable Canadian securities regulators
(copies of which may be obtained at www.sedar.com or www.sec.gov).
Subsequent events and developments may cause these forward-looking
statements to change. The Company specifically disclaims any
obligation or intention to update or revise these forward-looking
statements as a result of changed events or circumstances that
occur after the date of this release, except as required by
applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor
Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation