ROCHESTER, N.Y., July 22, 2020 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, today announced that the Company has
formalized a collaborative partnership and resale relationship with
ProGlove, an industry wearables leader, to bring together a
combined product solution to address the growing need for greater
efficiency and safety in industries spanning retail,
transportation, logistics and manufacturing. The combined
solution, consisting of ProGlove's MARK product family of wearable
barcode scanners and Vuzix' latest smart glasses for business,
offers enterprise users a seamless experience, secure flow of
information, increased user comfort and productivity gains.
Barcode scanning is an important function for stock movement
tracking and documenting process steps to ensure traceability
through the supply chain and manufacturing floor. With this Vuzix
collaboration, ProGlove provides a classic example of technology
built around the human worker, providing a next-generation scanning
solution that is easy to deploy, reliable in use, and dramatically
cuts scanning time and picking errors through refined worker
feedback.
ProGlove's worker feedback provides a combination of haptic,
visual and audio signals to confirm correct picks and identify
wrong picks when items are scanned. As a personal wearable, it is a
safer solution compared to handheld scanners because hands remain
free with full dexterity. The company's MARK family is in use at
some of the world's most renowned global industrial brands such as
BMW, Bosch, and Lufthansa Technik. BMW recently published a
video showcasing the synergistic integration between ProGlove
and Vuzix Smart Glasses. The MARK product family is roughly
the size of a matchbox and is integrated into a glove, making it
one of the world's lightest, smallest and ergonomic wearable
barcode scanners.
"We are eager to build an ecosystem for the benefit of our
customers," commented Andreas
Koenig, CEO at ProGlove. "Vuzix' outstanding smart
glasses and AR applications make it an excellent fit for this
quest. Whether it is about training scenarios or providing
additional information for human workers out in the field or on the
shop floor, I am sure this partnership will dramatically increase
the reach and possibilities of our joint product offering."
"Vuzix is very excited to partner with ProGlove to combine
industry leading wearable technologies into a completely hands-free
product offering for the enterprise worker across a number of key
verticals including retail, warehousing, manufacturing and
logistics," said Paul Travers, Vuzix
President and Chief Executive Officer.
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 166 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 2020 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.
About ProGlove
ProGlove builds the lightest, smallest, and toughest barcode
scanners in the world, connecting workers to actionable
information. More than 500 renowned organizations in manufacturing,
production, logistics, and retail use these smarter workforce
solutions. ProGlove was founded in December
2014 after winning the Intel "Make it Wearable" Challenge in
Silicon Valley and is backed by growth-focused investors Summit
Partners, DICP, and Bayern Capital. ProGlove employs 200 people
from over 40 countries with offices in Munich, Chicago, and Belgrade. The World Economic Forum named
ProGlove a Technology Pioneer in 2020. More information is
available at www.proglove.com.
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, our current and future business
relationships and revenue opportunities with ProGlove, 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