ROCHESTER, N.Y., Feb. 22, 2018 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading
supplier of Smart Glasses and Augmented Reality (AR) technologies
and products for the consumer and enterprise markets, is pleased to
announce that Vuzix and VIP partner Blitzz (www.Blitzz.co) will be
exhibiting at Booth #24 in the Grande Ballroom at the Field Service
Medical event taking place in Torrey
Pines, CA at the Hilton La Jolla February 26-28, 2018.
The event will be attended by the top medical device companies
including Johnson & Johnson, Medtronic, Philips, Stryker,
Siemens and many more. Vuzix and Blitzz will discuss and
demonstrate their joint solution which drives significant ROI and
creates new revenue streams for field service organizations by
providing hands-free remote expertise, just in time instructions,
and the ability to capture standard work to quickly distribute
tribal knowledge to less experienced workers with the help of the
M300 Smart Glasses. Several Field Service organizations have
already experienced 40% revenue growth, 20:1 ROI ratios and 25%
T&L spend reductions by leveraging Vuzix M300 smart
glasses.
"We are actively shifting our business model to include
hands-free smart glasses due to the large customer demand.
The Vuzix M300 platform will allow our customers to collaborate and
exchange documents with their remote workforce in a more efficient
manner, thus driving new savings and increasing revenues," said
Rama Sreenivasan, CEO and Co-Founder of Blitzz.
"Blitzz, one of our newest VIP partners, brings a smart mobile
platform that allows users to quickly deploy a high-quality video
powered remote assistance and collaboration app, without any
technical development. We look forward to showcasing this
versatile and powerful collaboration application on the Vuzix M300
Smart Glasses to executives from some of the largest medical device
service and support companies in the world," said Paul Boris, COO of Vuzix.
About Field Service Medical
Field Service Medical is the only event that brings together
200+ medical device service and support executives, thought
leaders, and innovators for a collaborative debate on the
ever-changing regulatory environment, medical device connectivity,
service marketing and brand differentiation, talent acquisition and
retention, and the latest technologies you need to know about to
keep ahead of the competition in an over-saturated market.
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 virtual and augmented reality. Vuzix holds 59
patents and 42 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 2018 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 Field Service Medical as well as 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:
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