ROCHESTER, N.Y., June 28, 2019 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, announced it has filed a patent with the
U.S. Patent & Trademark Office on next generation
waveguide-based augmented reality smart glasses that are currently
in development.
These next generation smart glasses would incorporate multiple
components of Vuzix IP and technology/ecosystem it has built around
smart glasses including:
- Advanced ultra-thin waveguides
- Custom large field of view (FOV) display engine
- Next generation processor
- Designed around latest eyeglasses materials and industrial
design
- Flexible for multiple sizes and fashion forward models
- Supporting both monocular and binocular viewing systems
- Built around Vuzix smart glasses ecosystem platform supporting
development tools, cloud APIs and Vuzix App Store
- Other advanced sensors for AR and UI applications
"The team at Vuzix continues to push the envelope of what is
possible for smart glasses in terms of form factor and
functionality without losing line of sight of consumer mass market
requirements. Our most recent patent pending application
related to the advanced industrial design of our next generation
waveguide-based AR smart glasses currently in development will
reset the bar for the entire industry," said Paul Travers, President and CEO of Vuzix.
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.
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 business growth, whether the filed patent will be
successfully defended and issued, the ultimate value of the patent
and the sales of products utilizing its claims, 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