GPS TUNER Selects Vuzix (NASDAQ:VUZI) Z100 Smart Glasses to Bundle as a Heads-Up Display for Their eBike Software Offerings
Vuzix (NASDAQ: VUZI) announced that its Z100 smart glasses have been chosen by GPS TUNER, a leader in eMobility software solutions, to bundle as a heads-up AR display for their eBike apps. GPS TUNER plans to offer eBike manufacturers the option to include Vuzix Z100 smart glasses with every bike sold, aiming to reduce rider distraction and enhance the usage of their mobility apps.
GPS TUNER's new V2X technology, demonstrated with Vuzix Z100 smart glasses at Eurobike 2024, aims to transform road safety by enabling real-time communication between vehicles, infrastructure, and personal devices. The company's CEO, Gábor Tárnok, expressed confidence in the combined solution's appeal to their eBike customers, with an initial rollout anticipated this year.
Vuzix (NASDAQ: VUZI) ha annunciato che i suoi occhiali smart Z100 sono stati scelti da GPS TUNER, leader nelle soluzioni software per eMobility, per essere integrati come un display AR a realtà aumentata nelle loro applicazioni per eBike. GPS TUNER prevede di offrire ai produttori di eBike la possibilità di includere gli occhiali smart Vuzix Z100 con ogni bicicletta venduta, puntando a ridurre le distrazioni per i ciclisti e migliorare l'utilizzo delle loro applicazioni per la mobilità.
La nuova tecnologia V2X di GPS TUNER, dimostrata con gli occhiali smart Vuzix Z100 all'Eurobike 2024, mira a trasformare la sicurezza stradale abilitando la comunicazione in tempo reale tra veicoli, infrastrutture e dispositivi personali. Il CEO dell'azienda, Gábor Tárnok, ha espresso fiducia nell'appeal della soluzione combinata per i loro clienti eBike, con un lancio iniziale previsto per quest'anno.
Vuzix (NASDAQ: VUZI) anunció que sus gafas inteligentes Z100 han sido seleccionadas por GPS TUNER, líder en soluciones de software para eMobility, para ser empaquetadas como un display AR (realidad aumentada) para sus aplicaciones de eBike. GPS TUNER planea ofrecer a los fabricantes de eBike la opción de incluir las gafas inteligentes Vuzix Z100 con cada bicicleta vendida, con el objetivo de reducir la distracción de los ciclistas y mejorar el uso de sus aplicaciones de movilidad.
La nueva tecnología V2X de GPS TUNER, demostrada con las gafas inteligentes Vuzix Z100 en Eurobike 2024, busca transformar la seguridad vial facilitando la comunicación en tiempo real entre vehículos, infraestructura y dispositivos personales. El CEO de la compañía, Gábor Tárnok, expresó su confianza en el atractivo de la solución combinada para sus clientes de eBike, con un lanzamiento inicial anticipado para este año.
Vuzix (NASDAQ: VUZI)는 GPS TUNER, eMobility 소프트웨어 솔루션의 선두주자가 자사의 Z100 스마트 안경을 선택하여 eBike 앱을 위한 헤드업 AR 디스플레이로 번들링했다고 발표했습니다. GPS TUNER는 eBike 제조업체에 판매되는 각 자전거와 함께 Vuzix Z100 스마트 안경을 포함할 수 있는 옵션을 제공할 계획이며, 이를 통해 라이더의 주의 산만을 줄이고 그들의 이동성 앱의 사용을 향상시키는 것이 목표입니다.
GPS TUNER의 새로운 V2X 기술는 Eurobike 2024에서 Vuzix Z100 스마트 안경을 통해 시연되었으며, 차량, 인프라 및 개인 장치 간의 실시간 통신을 가능하게 하여 도로 안전을 혁신하는 것을 목표로 하고 있습니다. 회사의 CEO인 Gábor Tárnok은 결합된 솔루션이 eBike 고객들에게 매력적일 것이라는 확신을 보였으며, 올해 초기에 출시될 예정입니다.
Vuzix (NASDAQ: VUZI) a annoncé que ses lunettes intelligentes Z100 ont été choisies par GPS TUNER, un leader des solutions logicielles en eMobility, pour être intégrées comme un affichage AR en tête haute pour leurs applications eBike. GPS TUNER prévoit d'offrir aux fabricants de eBike la possibilité d'inclure les lunettes intelligentes Vuzix Z100 avec chaque vélo vendu, visant à réduire la distraction des cyclistes et à améliorer l'utilisation de leurs applications de mobilité.
La nouvelle technologie V2X de GPS TUNER, démontrée avec les lunettes intelligentes Vuzix Z100 lors de l'Eurobike 2024, vise à transformer la sécurité routière en permettant la communication en temps réel entre véhicules, infrastructures et appareils personnels. Le PDG de l'entreprise, Gábor Tárnok, a exprimé sa confiance dans l'attrait de la solution combinée pour leurs clients eBike, un lancement initial étant prévu pour cette année.
Vuzix (NASDAQ: VUZI) hat angekündigt, dass seine Z100 Smart Glasses von GPS TUNER, einem führenden Anbieter von eMobility-Softwarelösungen, als Heads-Up-AR-Display für ihre eBike-Apps ausgewählt wurden. GPS TUNER plant, eBike-Herstellern die Option anzubieten, die Vuzix Z100 Smart Glasses mit jedem verkauften Fahrrad zu integrieren, mit dem Ziel, die Ablenkung der Fahrer zu verringern und die Nutzung ihrer Mobilitäts-Apps zu verbessern.
Die neue V2X-Technologie von GPS TUNER, die mit den Vuzix Z100 Smart Glasses auf der Eurobike 2024 demonstriert wurde, zielt darauf ab, die Verkehrssicherheit zu verwandeln, indem sie die Echtzeitkommunikation zwischen Fahrzeugen, Infrastruktur und persönlichen Geräten ermöglicht. Der CEO des Unternehmens, Gábor Tárnok, äußerte sein Vertrauen in die Attraktivität der kombinierten Lösung für ihre eBike-Kunden, mit einer ersten Einführung, die für dieses Jahr erwartet wird.
- Partnership with GPS TUNER to bundle Z100 smart glasses with eBike software offerings
- Potential for increased sales and market penetration in the eBike industry
- Demonstration of V2X technology with Z100 smart glasses at Eurobike 2024
- Anticipated initial rollout of the bundled solution this year
- None.
This partnership between Vuzix and GPS TUNER represents a significant step forward in the eMobility and augmented reality (AR) sectors. The integration of Vuzix Z100 smart glasses with GPS TUNER's software could potentially disrupt the eBike market by addressing a critical safety concern.
The deal's impact on Vuzix could be substantial, potentially opening up a new revenue stream in the rapidly growing eBike market. With over 2 million app downloads across 99 countries, GPS TUNER's reach could significantly boost Vuzix's market penetration. However, the actual financial impact will depend on adoption rates and the pricing strategy, which aren't disclosed.
For investors, this move signals Vuzix's ability to diversify its product applications and tap into new markets. The partnership also aligns with the growing trend of safety-focused tech integration in personal transportation, which could become a significant growth driver in the coming years.
The integration of Vuzix Z100 smart glasses with GPS TUNER's eMobility software addresses a critical safety issue in the eBike and eScooter industry. By providing a heads-up display, this solution could significantly reduce accidents caused by distracted riding, which is currently the leading cause of incidents.
The V2X technology demonstration at Eurobike 2024 is particularly noteworthy. This real-time communication system between vehicles, infrastructure and personal devices represents a major leap in road safety technology. If widely adopted, it could revolutionize urban mobility safety, potentially leading to reduced accident rates and insurance costs for eBike and eScooter users.
However, the effectiveness of this solution will largely depend on user adoption and proper integration with existing traffic systems. Regulatory support and standardization will be important for maximizing the safety benefits of this technology.
GPS TUNER's mission is to revolutionize smart mobility by providing innovative, reliable, and user-friendly navigation solutions for bicycles, eBikes, eScooters, LEVs, and EVs, ensuring every journey is safe, efficient, and enjoyable. Its primary products include Companion App, Navie, and EV Navigation. These apps have been downloaded for phone use by over two million riders across 99 countries. With driver safety always top of mind, GPS TUNER plans to directly offer eBike manufacturers the option to include Vuzix Z100 smart glasses with every bike they sell, in order to reduce rider distraction and enhance the usage of their existing suite of smart mobility apps.
GPS TUNER's new V2X (vehicle-to-everything) technology, which was recently demonstrated along with Vuzix Z100 smart glasses at Eurobike 2024 held in early July in
"Vuzix offers some of the best see-through wearables in the world and their Z100 smart glasses fit hand to glove with the use of our eMobility software apps," said Gábor Tárnok, CEO and Founder of GPS TUNER. "We believe many of our eBike customers will embrace this combined solution as an attractive feature for their products. Our initial roll out is anticipated for this year and we intend to expand as the demand requires."
"The number one cause of scooter and smart bike accidents is distracted driving due to cell phone usage while riding. GPS TUNER solutions are tailor made to work with Vuzix smart glasses, creating a heads-up, hands-free solution for riders that will make them more informed while keeping their eyes on the road," said Paul Travers, President and CEO of Vuzix. "We're proud to support a safer driver population and look forward to seeing an expanded relationship with GPS TUNER as they market their bundled solution to their customers."
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:
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 Smart Glasses, our business relationship and future business opportunities with GPS TUNER and their customers, the benefits and capabilities of the solution bundle 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 lean 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,
Investor Information – IR@vuzix.com www.vuzix.com
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