- Pre-production plastic waveguides will
be on display at this week's Augmented World Expo USA 2024
ROCHESTER, N.Y., June 18,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, is
pleased to announce that the Company intends to offer the design
and manufacture of diffractive waveguides using plastic, in
addition to glass. Vuzix will be displaying new early samples of
these waveguides during Augmented World Expo USA 2024 (AWE), by appointment only, which
begins today and runs through June 20
at the Long Beach Convention & Entertainment Center in
Long Beach, California.
Plastic waveguides offer several potential advantages over
glass, most notably greater impact resistance and lighter weight.
They can offer refractive indexes of 1.70 or greater, below that of
high-index glass formulations, but still sufficient for certain
field of view (FOV) waveguide configurations. Like glass, plastic
waveguides can be made extremely flat, which is necessary for
adding integrated vision correction.
"The benefits of our new plastic waveguides are significant,
supporting lighter and more durable systems. The ability to design
and manufacture polymer-based waveguides will be yet another
competitive feather in our cap as our waveguide capabilities
continue to be at the front end of the state-of-the-art," said
Paul Travers, President and Chief
Executive Officer at Vuzix. "Our existing fabrication equipment and
processes will readily accommodate plastic of almost any sized
substrate, allowing us to support the design and production of
smart glasses that can be lighter and at the forefront of the most
requested materials for waveguide substrates to be built on."
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 375 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2024 and several wireless technology innovation
awards among others. Founded in 1997, Vuzix is a public company
(NASDAQ: VUZI) with offices in: Rochester, NY; Munich, Germany; and Kyoto and Tokyo, Japan. For more information,
visit the 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 new plastic waveguides, their performance and
manufacturability, 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.
Vuzix 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, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation