ROCHESTER, N.Y., April 19, 2017 /PRNewswire/ -- Vuzix® Corporation
(NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of
Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR)
technologies and products for the consumer and enterprise markets,
is pleased to announce three more of its new European Vuzix
Industrial Partners (VIP); Augumenta, DOSCO and Brochesia.
These three new VIP partners further expand Vuzix' sales channels
in Europe.
Augumenta, the first of our three new VIPs, is headquartered in
Finland and develops Industry 4.0
applications for enterprises. Their application suite, is fully
configurable using their Augumenta Studio tool, and empowers users
with real-time access to critical factory data. It also has the
ability to control machines and production lines without accessing
a control station, resulting in shorter problem-solving times and
improved shop floor efficiencies. These products, together with
Augumenta Interaction Platform SDK, turn smart glasses, like the
Vuzix M300, into productivity tools for companies looking to
improve their bottom lines. A demonstration of Augumenta's
Interactive Platform interface can be viewed at the following link:
https://vimeo.com/101294487.
"We started our smart glass journey by introducing an
interaction SDK that brought gesture controls and virtual keypads
to the hands of enterprise developers," said Tero Aaltonen, Augumenta CEO. "We are now
expanding our offering by introducing a suite of ready-made
applications and a configuration tool that allows our customers to
quickly adopt and integrate Augumenta software with their existing
IT systems. Vuzix M300 Smart Glasses play an important role in this
game with their rugged design and impressive battery life, and
we're proud to promote them as the primary device for our
SmartAlert product."
The second VIP, DOSCO GmbH, is headquartered in Germany and develops applications and systems
for technical documentation and support of workers in service and
production functions with smart glasses. DOSCO's Skill Chat
connects workers in service and production environments with remote
support experts. This video chat application provides a
perfect means for aimed support allowing the worker's hands to
remain free and ready for operations, leading to shorter work
interruptions and decreased downtime of hardware components.
Skill Task provides the worker with step by step instructions of
the task to be performed. DOSCO's Skill Task solution also supports
additional functions like QR code detection, photo and voice notes
as well as video chat, all offering further support and increased
quality assurance.
"Being part of the VIP program gives us direct access to the
resources of Vuzix and will significantly support the development
and distribution of our solutions for smart glasses, in particular
for the new M300," commented Robert
Erfle, Managing Director of DOSCO.
And our third new VIP is Brochesia, headquartered in
Rome, Italy. They develop
innovative solutions for wearable devices to improve efficiency in
business sectors such as manufacturing, health services, logistics,
constructions, training, and more. Brochesia offers customers
a comprehensive line of hands-free solutions for customers
including; remote services, warehouse management, medical support,
live streaming and video recording and survey activities.
"Being a Vuzix VIP Partner grants Brochesia early access to the
latest Vuzix smart glasses and SDK packages enabling us to upgrade
and test our solutions to support e.g. the latest available
technologies such as the M300 devices," commented Christian Salvatori Chief Technology Officer of
Brochesia.
"We continue to selectively add leading smart glasses
application providers to our Vuzix Industrial Partners (VIP)
program," said Paul J. Travers,
President and Chief Executive Officer at Vuzix. "By working
with Vuzix, companies like Augumenta, DOSCO and Brochesia provide
an invaluable advantage to their customers' competitive edge in the
marketplace. We are thrilled to partner with them as we
expand shipments of our next generation M300 Smart Glasses
alongside these hands-free enterprise
applications."
About Vuzix Corporation
Vuzix is a leading
supplier of Smart-Glasses, Augmented Reality (AR) and Virtual
Reality (VR) 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 virtual and augmented reality. Vuzix holds 51
patents and 41 additional 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 2017 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.
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,
among other things, the success and future business generated with
the three new VIPs, and the Company's leadership in the Video
Eyewear, VR 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" and MD&A sections of the Company's Annual
Reports and Quarterly Reports 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:
Matt Margolis, Director of
Corporate Communications and Investor Relations, Vuzix Corporation
matt_margolis@vuzix.com Tel: (585) 359-5952
Andrew Haag, Managing Partner,
IRTH Communications
vuzi@irthcommunications.com Tel: (866) 976-4784
Vuzix Corporation, 25 Hendrix Road, Suite A, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
For further sales, and product information, please
visit:
North America:
http://www.vuzix.com/contact/
Europe/UK:
https://www.vuzix.eu/contact/
Asia:
http://www.vuzix.jp/contact.html
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SOURCE Vuzix Corporation