ROCHESTER, N.Y., Aug. 3, 2020 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, announced that Optus, one of Australia's leading wireless services
providers, recently released a highly illustrative
video showcasing the results of its OPTU5G network case study
centered around the Vuzix M400 Smart Glasses and Vuzix Remote
Assist, the Company's video collaboration SaaS offering.
The case study consisted of testing the OPTU5G nationwide 5G
network by equipping a SpringCity solar engineer located in
Perth, Australia with the Vuzix
M400 Smart Glasses and connecting him to a remote expert located
across the country in Sydney,
Australia. The OPTU5G case study, done in collaboration
with The AVR Lab, an Australian AR and VR advisory firm and
exclusive Vuzix distributor, highlighted the benefits of connecting
an experienced workforce easily and more reliably to a worker with
less experience by using smart glasses for training and remote
support amidst the COVID-19 pandemic.
"Vuzix Smart Glasses are empowering Australian companies who
need immediate solutions to remote worker and first responder
challenges. The Vuzix M400 provides an out-of-the-box solution and
we are immensely proud of the difference we are making," said
Danny Gambaro, Director of the AVR
Lab.
"Vuzix Smart Glasses are being used all over the world to
support business continuity during the COVID-19 pandemic," said
Paul Travers, President and CEO of
Vuzix. "Smart Glasses powered by 5G networks like OPTU5G are
a disruptive and effective tool to support enterprise customers
safely and from a distance."
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.
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' business growth with Optus, Spring City, Accuteque 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