NEW YORK, July 22, 2013 /PRNewswire/ -- Vuzix
Corporation (TSX-V: VZX, OTC:BB: VUZI, FMB: V7X), the leading
developer and supplier of smart glasses, today announced its
participation at the Wearable Tech Expo, hosted at the Kimmel
Center in Manhattan, NY from
July 24th to 25th. The Wearable Tech
Expo will feature pioneers of wearable technology and the companies
that are now driving the wearable tech market with real products.
The wearable-computer market may swell to $6
billion by 2016, according to Wellingborough,
U.K.-based IMS Research.
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Vuzix' CEO Paul Travers will be a
keynote speaker at the Expo on Thursday morning from 8:45-9:45am on July
25th. Mr. Travers will speak about Smart Glasses
as Wearable Tech and Augmented Reality.
Travers is a pioneer of Augmented Reality and the wearable
technology industry, having created some of the first wearable tech
in 1997.
As a sponsor of the event, Vuzix will be raffling off two Silver
SDK Developer Kits for the M100 Smart Glasses. Vuzix will also
demonstrate the M100 for visitors, showing the capabilities of the
new product for both enterprise and consumer applications. The
Company will also join the Demo Forum, where wearable tech
companies will be given 10 minutes to showcase their products in
front of judges, competing for awards.
Vuzix CEO Paul J. Travers
explained, "Wearable devices are the foundation of a rapidly
emerging industry that has the potential to reshape our daily
lives. I am thrilled to speak at the Wearable Tech Expo, and I am
excited to showcase some of Vuzix' recent developments with the
M100. Vuzix is very pleased to have the opportunity to participate
in these events and to support the wearable tech community."
The Expo will include a range of speakers from a cross section
of thought leaders, innovators and product creation "dreamers" who
have turned wearable tech into the next major growth area of high
tech. During the exhibition attendees will be able to interact with
new products and applications, while learning about emerging
capabilities and functionality of cutting-edge wearable technology.
For more information on the event please visit:
http://www.wearabletechworld.com/conference/
About Vuzix CEO Paul
Travers
Paul J.
Travers is the founder of Vuzix, has served as President and
Chief Executive Officer since 1997 and has been a member of the
Vuzix board of directors since November
1997. Prior to the formation of Vuzix, Mr. Travers founded
both e-Tek Labs, Inc. and Forte Technologies Inc. He has been a
driving force behind the development of the Company's products for
the consumer market, and most recently for the enterprise market as
well. With more than 25 years of experience in the consumer
electronics field, and 15 years of experience in the augmented
virtual reality and display fields, he is a nationally recognized
industry expert. He holds an Associate degree in engineering
science from Canton, ATC and a
Bachelor of Science degree in electrical and computer engineering
from Clarkson University.
About The Vuzix M100
The Vuzix M100, a hands free
display peripheral for your smartphone, has a built in color
display driven by a powerful processing engine running the Android
OS, an integrated head tracker and GPS for spatial and positional
awareness. An integrated camera enables video recording, still
image capture and the potential for powerful augmented reality
applications. Interactive tracking and an integrated camera,
combined with newly developed applications on the M100 and a
wireless link to the Cloud, enable the merging of virtual
information with the real world. Developers interested in knowing
more about the Vuzix M100, please sign up to join Vuzix growing
community of application developers at developer.vuzix.com. Be one
of the first to develop on the next frontier of mobile information
technology.
About Vuzix Corporation
Vuzix is a leading supplier of
video and cloud connected video eyewear products in the consumer,
industrial, media and entertainment markets. The company's personal
display products offer users a portable high quality viewing
experience for industrial wearable displays, consumer digital
content viewing as well as 3D, virtual and augmented reality
experiences. Vuzix also provides developer software and
support to enable the growth and development of AR applications for
its mobile devices. With its origins in defense research and
development for next generation display solutions, Vuzix holds over
48 patents and patents pending in the video eyewear field.
The company has won 14 Consumer Electronics Show Innovations
Awards, the RetailVision Best New Product and several wireless
technology innovation awards, among others. Founded in 1997,
Vuzix is a public company (TSX-V:VZX - News,
OTC:BB: VUZI, FMB: V7X) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan. For more information visit
www.vuzix.com.
Forward-Looking Statements Disclaimer
Certain
statements contained in this 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, future product releases, including the M100 and its
capabilities, new opportunities, the Company's ability to
capitalize on new opportunities with developers, the Company's
ability and costs to further develop, produce and manufacture the
M100, and the Company's leadership in the Video Eyewear 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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further
investor information contact:
|
For further press
information contact:
|
Andrew
Haag
|
Sarah
Bedwell
|
Managing
Partner
|
|
IRTH
Communications
|
MUSTARD PR
|
vuzi@irthcommunications.com
|
sarah@mustardpr.com
|
1-866-976-IRTH
(4784)
|
+44 (0) 1753
656661
|
|
|
or IR@Vuzix.com or
585-359-7562
|
|
For further sales
and product information, please contact:
|
Europe Sales
Contact:
|
North America Sales
Contact:
|
Asian Sales
Contact:
|
David
Lock
|
Mike
Hallett
|
Keiichiro
Fujii
|
Director European
Operations
|
Director Consumer
Sales
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Director Japan
Operations
|
David_lock@vuzix.co.uk
|
Mikeh@vuzix.com
|
Keiichiro_fujii@vuzix.com
|
For developer
information, please contact:
|
Ron
Haidenger
|
Director of Developer
Services
|
ronh@vuzix.com
|
SOURCE Vuzix Corporation