LOS ANGELES, Dec. 2013- Wearable Technology Expo — Vuzix(R) Corporation (Rochester, NY) (OTCQB: VUZI), a leading supplier of Video Eyewear and Smart Glasses products in the enterprise and consumer markets, today announced a major optical breakthrough that will dramatically improve glasses-based wearable technology.
The new Waveguide optics engine jointly developed with Nokia(R), for the first time enables smart eyewear technology capable of fitting into standard glasses frames and is being first introduced with the release of the Vuzix M2000AR HMD.
Waveguide optics are a revolutionary new way of moving light within smart glasses and are a fraction of the size and weight of conventional prism-based optics used in competing wearable smart devices. Waveguide optics also deliver a much wider field of view for the user.
As opposed to requiring large optics to focus and create the required virtual image, Waveguide optics use a 1.4mm thin “window” (operating similar to a fiber optic) with a tiny input pupil that is expanded using a hologram in front of the eye. Light is not bent through bulk material as in conventional optics, which provides a significant improvement in mass, weight, volume, simplicity and overall optical performance. The technology was originally developed by Nokia and licensed to Vuzix. Vuzix integrated it with its own waveguide technology and developed other improvements for its release into Vuzix products.
The first Vuzix product to use the revolutionary Waveguide technology is the highly anticipated and immediately available M2000AR for Enterprise. This monocular solution is not only the first of many planned waveguide-based solutions for 2014 — it is also ruggedized for industrial applications. The M2000AR also includes:
- 720p display and 1080p camera
- HDMI Interface
- Electronic sunglass “tint”
- 30deg FOV
- Daylight usable with up to 8,000 Nits of brightness
- Integrated head tracking
- Integrated compass
- Anodized aluminum alloy enclosure
- Rechargeable lithium ion battery
For further information on the M2000AR and to order units, please visit www.vuzix.com. The M2000AR will be demonstrated at CES 2014.
About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear and Smart Glasses products in the consumer, commercial and entertainment 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 36 patents and 12 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 2013 and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (VUZI:QB) 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 and include the completion of the M2000AR and Waveguides for volume manufacturing, future products incorporating Waveguide technology and their timing, the value of the IP portfolio, among other things, and the Company’s leadership in the Video Eyewear 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.