- Waveguide form factors can range from several inches
diagonally to several feet or more
ROCHESTER, N.Y., June 13,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, is
pleased to announce that it now has the unique capability to design
and produce large format waveguides in its state-of-the-art
waveguide production facility, a cutting-edge innovation that will
redefine the way heads-up visual content is experienced.
Large format waveguides, which can range in diagonal size
from several inches to several feet or more, represent a
significant leap forward in display technology, offering
unparalleled clarity, brightness, and immersion. They can be
one-quarter inch thick and provide monochrome or full color
visuals. These innovative waveguides are designed to enable the
creation of large-scale see-through displays with impressive visual
fidelity, enabling use cases in the automotive, retail, medical,
enterprise, aviation and defense industries, among others.
At the heart of this breakthrough technology is the ability to
efficiently guide light in and throughout a glass panel, resulting
in vibrant images that maintain their brilliance even in well-lit
indoor environments. This transformative feature ensures that
content remains striking and impactful regardless of ambient
lighting conditions, setting a new standard for see-through display
performance. Vuzix' large portfolio of waveguide patents and design
know-how will allow customers to specify unique shapes and sizes
well beyond those used in conventional smart glasses and other
see-through displays. Vuzix has developed custom manufacturing
processes and equipment to make these large format waveguides a
reality.
"We continue to expand and enhance our waveguide design and
production capabilities. Large format waveguides are just the
latest example of our expanding industry leadership," said
Paul Travers, President and Chief
Executive Officer at Vuzix. "The global commercial to defense
heads-up display (HUD) markets today are well established with
billions of dollars being invested on an annual basis and are
forecasted to grow on an annual basis over the next decade.
We see numerous use cases and business opportunities for larger
form factors across numerous industry verticals and look forward to
working with both new and existing customers to integrate our
custom-designed solutions into their finished products."
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; 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 new large format waveguides, their performance,
capabilities, and expected use cases, 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