Vuzix to Showcase at CES 2023 One of the Industry's Broadest and Most Competitive Lines of AR Smart Glasses

Rhea-AI Summary

Vuzix Corporation (NASDAQ: VUZI) is set to showcase its advanced lineup of AR smart glasses at CES 2023 in Las Vegas. Highlighting their CES 2023 Innovation Awards winning Vuzix Ultralite AR smart glasses, the company will also present its M-Series, Vuzix Blade 2, and Vuzix Shield smart glasses. Attendees can experience interactive demonstrations including infrared viewing with M-Series glasses, industrial problem-solving with Blade 2, and quality inspection with Shield. Vuzix emphasizes its commitment to enhancing productivity, safety, and eco-friendliness with their innovative product offerings.

Positive

• Showcasing a strong lineup of innovative AR smart glasses, including the CES 2023 Innovation Awards winning Vuzix Ultralite.
• Interactive demonstrations at CES enhance product visibility and consumer engagement.
• Focus on increasing worker productivity and reducing errors supports market demand for AR solutions.
• Expansion of blue-chip customer base indicates growing industry acceptance.

Negative

• None.

ROCHESTER, N.Y., Jan. 3, 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 showcase a robust lineup of smart glasses at this year's Consumer Electronics Show being held in Las Vegas, Nevada. In addition to displaying its new CES 2023 Innovation Awards winning Vuzix Ultralite™ AR smart glasses OEM design, which uses Vuzix' industry leading waveguides and the latest microLED displays, Vuzix will be demonstrating its M-Series, Vuzix Blade 2™ and Vuzix Shield™ AR smart glasses at its booth (#16991 in the Center Hall of the Las Vegas Convention Center).

Demonstrations at the Vuzix booth, which are highlighted in a new blog available here, will include:

• Using a Vuzix accessory adaptor and a compatible infrared camera, including FLIR cameras, Vuzix M-Series AR smart glasses will allow visitors to see in the infrared spectrum, giving them a heads-up display of what's normally hidden from view. Infrared video can also be broadcast over Zoom to enable team inspections.
• Using Vuzix Blade 2 AR smart glasses, visitors will be put in charge of solving a real-life industrial challenge, the resetting of an electric power station, using on-glasses video and a set of work instructions.
• Using Vuzix Shield AR smart glasses, visitors will be put in the role of a quality check inspector checking one of the most beautiful bikes ever, a real MV Agusta Superveloce 800¹, to perform a scan for equipment recalls.
• Using Teamviewer Frontline software running on Vuzix M400 AR smart glasses, visitors will be able to explore how major distribution centers drive efficiency improvements every day.
• Finally, as part of its OEM offerings, Vuzix will be showcasing the 2023 CES award winning, sleek, AR smart glasses reference design called Vuzix Ultralite. Offering fully customizable form factors, optics and more, Vuzix OEM solutions produce smart glasses and components that are miles ahead of the pack to support the worldwide adoption of AR.

"We keep expanding and improving the competitiveness of our smart glasses family of products. We enter 2023 with the strongest product lineup in our history, one that continues to attract an expanding number of blue chip customers across a wide range of industry verticals," said Paul Travers, President and CEO of Vuzix. "We intend to remain focused on offering solutions that increase worker productivity, interactivity and safety while reducing errors and improving our carbon footprint."

Interested parties who want to see the current range of industry leading Vuzix AR smart glasses and solutions can visit its booth during the show.

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 274 patents and patents pending and numerous IP licenses in the 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, 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, new product announcements and demonstrations at the CES show 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

¹ MV Agusta is a trademark of MV Agusta Motor S.p.A.

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SOURCE Vuzix Corporation

FAQ

What new AR products is Vuzix showcasing at CES 2023?

Vuzix is showcasing several products, including the award-winning Vuzix Ultralite, M-Series, Vuzix Blade 2, and Vuzix Shield AR smart glasses.

Where is Vuzix presenting its smart glasses at CES 2023?

Vuzix is presenting at booth #16991 in the Center Hall of the Las Vegas Convention Center.

What is the significance of the Vuzix Ultralite smart glasses?

The Vuzix Ultralite smart glasses won the CES 2023 Innovation Awards, showcasing Vuzix's leadership in the AR technology space.

How do Vuzix smart glasses improve productivity?

Vuzix smart glasses enhance productivity by providing real-time data and interactive instructions, reducing errors during tasks.

What industries are targeted by Vuzix's AR smart glasses?

Vuzix's AR smart glasses target various industries, including manufacturing, logistics, and quality assurance.