Vuzix Schedules Conference Call to Discuss Second Quarter 2023 Financial Results, Business Update and Record Smart Glasses Sales

Rhea-AI Summary

Vuzix Corporation will host a conference call to discuss its second quarter 2023 operating results on August 8, 2023. The call will be led by CEO Paul Travers and CFO Grant Russell, who will highlight operational and financial achievements, including record sales of smart glasses.

Positive

• Record sales of smart glasses for the quarter ended June 30, 2023

Negative

• None.

ROCHESTER, N.Y., July 24, 2023 /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 the Company will host a conference call regarding its second quarter 2023 operating results at 4:30 PM Eastern Time (ET), August 8, 2023.

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call.

Additionally, a live and archived webcast of the conference call will be available on the investor relations page of the Company's website at: https://ir.vuzix.com/ or directly at:

https://event.choruscall.com/mediaframe/webcast.html?webcastid=Q4kpaEe4

Participating on the call will be Vuzix Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who will discuss operational and financial highlights, including record sales of smart glasses, for the quarter ended June 30, 2023.

Telephonic and webcast replays will be available for 30 days starting on August 8, 2023 at approximately 5:30 PM (ET). To access the telephonic replay, please dial 877-660-6853 in the U.S. or Canada and 201-612-7415 for international callers. The conference replay ID# is 13740246.

About Vuzix Corporation

Vuzix is a leading supplier 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 300 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 2023 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 Smart Glasses, preliminary Q2-2023 Smart Glasses sales, 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, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com  www.vuzix.com

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SOURCE Vuzix Corporation

FAQ

When will Vuzix Corporation host a conference call for its second quarter 2023 operating results?

Vuzix Corporation will host a conference call for its second quarter 2023 operating results on August 8, 2023.

Who will lead the conference call?

The conference call will be led by Vuzix CEO Paul Travers and CFO Grant Russell.

What will be discussed during the conference call?

During the conference call, operational and financial highlights, including record sales of smart glasses, will be discussed.

Where can I access the live and archived webcast of the conference call?

The live and archived webcast of the conference call will be available on the investor relations page of Vuzix Corporation's website at: https://ir.vuzix.com/ or directly at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Q4kpaEe4.

How long will the telephonic and webcast replays be available?

The telephonic and webcast replays will be available for 30 days starting on August 8, 2023.