ROCHESTER, N.Y., May 7, 2021 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, today announced a further volume
order of Vuzix Blade® Smart Glasses in connection with the
Company's central role supporting the NextAR surgical AR platform
developed by Medacta International, one of the world's largest
providers of innovative orthopedic products focusing on healthcare
sustainability. Having used the Vuzix Blade to complete the
first smart glasses-based total knee replacement in the US in 2020,
Medacta is now using Vuzix Smart Glasses to drive new applications
to leverage augmented reality in shoulder, hip and spine
surgery.
The NextAR platform employs a preoperative scan, with
proprietary algorithms that create a personalized biomechanical
model for each replacement. Surgeons equipped with Vuzix Blade
Smart Glasses can then access biomechanical visualizations using
augmented reality in real time, without having to divert their eyes
from the procedure to glance at a computer screen. The AR system
gives surgeons complete control over every detail of the surgery to
provide maximum accuracy; and eliminates the need for bulky robotic
arms or dedicated equipment operators in the operating theater,
further reducing costs per case. To watch a short video on the
NextAR platform, please click here -
https://nextar.medacta.com/
"There's no secret about the connection between comfort and
adoption of AR technology, and ongoing orders like the ones we're
receiving for the Blade are proof of it," said Paul Travers, President and Chief Executive
Officer at Vuzix. "Vuzix Smart Glasses are lightweight, comfortable
and completely wireless, which means surgeons have complete freedom
of movement and can wear them for extended operations. We're proud
to provide the hardware backbone for Medacta's NextAR platform as
it continues to branch into new applications and are looking
forward to their certification testing with our M400 and M4000
Smart Glasses."
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 192 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 2021 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 Smart Glasses, ongoing certifications of this use case,
our current and future business relationships and opportunities
with Medacta 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