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Vuzix Expands HIPAA Compliant Healthcare Offerings with the Addition of Telepresenz from CARE4D for the M400 Smart Glasses

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Vuzix Corporation (NASDAQ: VUZI) has announced that its M400 Smart Glasses are now compatible with CARE4D's Telepresenz®, a HIPAA-compliant telepresence solution for healthcare and industry. This partnership allows remote users to connect with experts for real-time, two-way audio-video communication, enhancing remote support and operational efficiency in various workflows. Vuzix continues to solidify its position in the Smart Glasses market, providing solutions aimed at improving healthcare delivery and enterprise operations.

Positive
  • Partnership with CARE4D expands Vuzix's offerings in the healthcare sector.
  • M400 Smart Glasses enhance remote support capabilities through Telepresenz® technology.
  • Telepresenz® provides real-time communication, improving operational efficiency.
Negative
  • None.

ROCHESTER, N.Y., Aug. 13, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced today that Vuzix' M400 Smart Glasses are now supported by CARE4D's Telepresenz®, a HIPAA compliant augmented reality telepresence solution that connects remote users to mentors, experts, or supervisors across healthcare and industry.    

Telepresenz® enables medical professionals or enterprise technicians to connect to a remote expert using the Vuzix Smart Glasses to securely stream to a remote expert.  The Telepresenz® platform enables real-time, two-way audio-video communication between a base station expert and remote users who could be in any location, anywhere in the world.  In addition to remote support, the Telepresenz® platform also provides access to procedures and workflows to help enterprise customers with step-by-step instructions or guided instructions in the field.

"We at CARE4D are excited to partner with Vuzix, the leading supplier of Smart AR Glasses. Telepresenz® solution and the Vuzix M400 Glasses together make an attractive and complete offering for the end customer," said Ritesh Tolia, Co-Founder and Chief Revenue Officer at CARE4D.

"We are pleased to have the support of CARE4D as another HIPAA compliant software partner that can deliver augmented intelligence to frontline healthcare workers or field technicians performing inspections or remote maintenance," said Paul Travers, President and Chief Executive Officer at Vuzix.

If you're interested in learning more about Vuzix Smart Glasses and Telepresenz® from the CARE4D, you can register for the upcoming webinar via the link below.

Webinar Topic: Vuzix and CARE4D Business Continuity Demo – Healthcare, Field Service and more

Date: Wednesday August 19, 2020

Start Time: 11:00 AM Eastern Time (ET)

Webinar/Registration Link: https://vuzix.zoom.us/webinar/register/WN_zzNHRbRmRemL0JBfFRpZMA

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 166 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2020 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, and Tokyo, Japan.  For more information, visit Vuzix websiteTwitter 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 M400 Smart Glasses, our business relationship with CARE4D, related future business opportunities, 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.

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, Suite A, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com

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SOURCE Vuzix Corporation

FAQ

What is the significance of Vuzix's partnership with CARE4D?

The partnership enhances Vuzix's M400 Smart Glasses with HIPAA-compliant telepresence capabilities, improving healthcare delivery.

How does Telepresenz® work with Vuzix Smart Glasses?

Telepresenz® enables two-way audio-video communication, allowing remote users to connect with experts for real-time support.

What are the benefits of using Vuzix M400 Smart Glasses in healthcare?

The M400 Smart Glasses facilitate remote guidance, improve workflow efficiencies, and enhance patient care through augmented reality.

When is the upcoming webinar about Vuzix and CARE4D?

The webinar is scheduled for August 19, 2020, at 11:00 AM Eastern Time.

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