ROCHESTER, N.Y., May
21, 2019 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart
Glasses and Augmented Reality (AR) technology and products,
announces the launch of a global Vuzix Blade AR Smart Glasses App
Development Contest in collaboration with Verizon and
CGTrader.
Augmented Reality and high bandwidth edge computing over
networks like Verizon's new 5G networks are going to change the
world of communications. At Vuzix, our mission is to make
wearable AR glasses as common as sunglasses and the goal behind the
Vuzix Blade Smart Glasses App Development Contest is to bring the
best and most innovative AR smart glasses applications to consumers
and enterprise. Join us to showcase firsthand how Augmented
Reality smart glasses will change the world and ultimately offer a
hands-free alternative to your phone.
To assist Blade developers, we have enlisted the support and
participation of CGTrader in our App Development Contest. The
CGTrader Marketplace is the world's largest source for licensable
3D content with more than 800,000 3D models and a managed community
of close to two million users, including highly-skilled 3D
designers. A wide range of industries leverage 3D content
from the CGTrader Marketplace to reduce design costs, scale and
accelerate time-to-market including retail, gaming, advertising,
animation, 3D printing and architecture. Vuzix Blade AR Smart
Glasses app development contest participants, that make a purchase
through https://www.cgtrader.com/ during the contest period,
will receive a 20% discount off their purchase.
The Vuzix Blade app development contest will officially begin on
May 21, 2019 and all contest
submissions will be accepted until September
30, 2019. The winners will be announced on or before
November 14, 2019. The App
Development Contest winners will be rewarded with cash prizes. A
total of $110,000 will be awarded
among seven winners as follows: one grand prize winner will receive
$50,000, the best entry in each of
the three categories will receive $15,000 each, and the runners-up in each of the
three app categories will receive $5,000 each. App submissions meeting the
required contest criteria will also be considered for honorable
mention designation, entitling developers to reimbursement of their
purchase of one set of Vuzix Blade smart glasses (see contest
program details for applicable terms and
conditions).
A panel of judges from Vuzix, Verizon and other industry
partners will be responsible for selecting the winners.
App developers can submit entries under three categories:
- Personal – This category is for apps meant to enhance an
individual's day-to-day activities, lifestyle, leisure, fitness,
health, wellness, etc. Examples include jogging and yoga
guides.
- Business - This category is for apps meant to streamline
processes and/or contribute to workplace productivity, including
making it easier for workers to do their job or complete
work-related specific tasks.
- Gaming & Entertainment - This category is for apps
that create a fun, interesting and/or engaging gaming or
entertainment experience.
Full details of the Vuzix Blade app development contest will be
posted on the Vuzix website
https://www.vuzix.com/contest beginning May 21, 2019.
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 153 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 2019 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 website, Twitter and Facebook pages.
About CGTrader
CGTrader is committed to changing the way people access, adapt
and adopt 3D content to transform the way they experience
everything. The company's self-service CGTrader Marketplace is
the world's largest source for licensable 3D content with more than
800,000 3D models and a managed community of close to two million
users, including highly-skilled 3D designers. They are supported
with a designer-friendly platform that enables them to monetize
their 3D designs at extremely competitive terms. A wide range of
industries leverage 3D content from the CGTrader Marketplace to
reduce design costs, scale and accelerate time-to-market including
retail, gaming, advertising, animation, 3D printing and
architecture.
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 our relationship with Verizon and CGTrader, the success of
this app development program, 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