NEW YORK, May 1, 2013 /PRNewswire/ -- Vuzix
Corporation (TSX-V: VZX, OTC:BB: VUZI, FMB: V7X), the leading
developer and supplier of smart glasses, announced that driven by
strong demand, its initial run of Gold Edition M100 Smart Glasses
Software Development Kits (SDK) have sold out with fulfillment
expected over the coming several weeks. The Vuzix M100 Smart
Glasses are a wearable display and computer for your smartphone.
Vuzix is now shipping a limited number of M100 Gold SDKs to
software, and augmented reality content developers and plans a
wide-scale retail launch of the M100 this summer. Winner of the
BEST OF INNOVATIONS in the Wireless Handset Accessory category at
the 2013 Consumer Electronics Show (CES), the M100 continues to
grow in popularity in the smartphone developer community.
(Logo: http://photos.prnewswire.com/prnh/20110518/MM04932LOGO
)
Since its launch, the Gold Edition of the Vuzix M100 Smart
Glasses SDK has received overwhelming attention from developers
with several ordering multiple development kits to help accelerate
their development. The Vuzix M100 SDK Silver Edition continues to
be available with emulation software shipping immediately and
hardware scheduled to ship in early summer.
Vuzix President and CEO Paul
Travers said, "It is great to see such overwhelming demand
for our Smart Glasses, especially from the enterprise and prosumer
sectors. Since Vuzix M100 Smart Glasses are very similar to an
Android based smart phone, using the same general hardware and
Android OS, developers are finding it easy to write and port
applications for the M100. Many of the applications available today
through popular Android app stores are already confirmed to work
unmodified with the M100 and in other cases just a few simple
modifications allow them to provide optimum performance. This
native mode compatibility opens the door to thousands of existing
and optimized applications being able to work with the M100 on the
day it ships."
Technology opinion leaders and the press are writing about smart
glasses becoming the next big wave in mobile technology. According
to ABI Research, wearable computing devices will exceed 485 million
annual device shipments by 2018. A recent article in Scientific
American titled, "When Everybody Starts Wearing Smart glasses,
Google Won't Be the Only Player," explains that sales of the
devices will depend on the development of compelling apps and
presents Vuzix' M100 as a player in the smart glasses
space.
About The Vuzix M100
The Vuzix M100 Smart Glasses are a wearable display and computer
for your smartphone or direct network connection, they have a built
in color display driven by a powerful processing engine running the
Android OS, they also have built in head tracker and GPS for
spatial and positional awareness. An integrated camera enables
video recording, still image capture and opens the potential for
powerful augmented reality applications. Having all this technology
in a single wearable display and computer allows applications that
are running in the glasses to perform required real-time processing
for advanced applications like augmented reality and since it's all
resident there is no requirement to connect to the internet to use
them.
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 44 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 or PR Information, please contact
IR@Vuzix.com or 585-359-7562
Grant
Russell
|
Andrew
Haag
|
Sarah
Bedwell
|
EVP &
CFO
|
Managing
Partner
|
|
Vuzix
Corporation
|
IRTH
Communications
|
MUSTARD
PR
|
ir@vuzix.com
|
vuzix@irthcommunications.com
|
sarah@mustardpr.com
|
1-585-359-7562
|
1-866-976-IRTH
(4784)
|
+44 (0)
1753 656661
|
SOURCE Vuzix Corporation