ROCHESTER, N.Y., March 25, 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 that the Company has
received an initial deployment order totaling approximately
$250,000 for Vuzix M400 Smart Glasses
from a healthcare and surgical training solutions provider. This
initial deployment order is for immediate delivery with the
potential for subsequent deployment orders in the future as this
customer expands its use of Vuzix M400 Smart Glasses, which will be
used in operating rooms to enable medtech experts, assisting
surgeons, medical students, and other healthcare professionals to
see and communicate with surgeons in real-time.
The healthcare industry continues to be an early adopter of
smart glasses to deliver a variety of benefits in and outside of
the operating room. Over the last year, hundreds of surgeries
were performed using Vuzix Smart Glasses and thousands of remote
calls made to provide a virtual presence within hospitals and
senior care facilities that were video broadcast securely via Vuzix
M400 and M4000 Smart Glasses to provide virtual training, health
care for patients in the ICU and the operating room, and to perform
virtual patient rounds.
"We continue to see an increasing number of end customers moving
from proof of concept to full deployments with Vuzix industry
leading M400 Smart Glasses. In this case they are deploying within
the healthcare market vertical to support surgical training,
patient care, virtual rounds and the likes," said Paul Travers, President and CEO of
Vuzix.
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 184 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' existing and potential business growth opportunities with
this healthcare solutions provider, ongoing and continued
deployments, the ultimate success of the M400 in this sector, 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