VUZI Vuzix Corporation

ROCHESTER, N.Y., Nov. 7, 2013 /PRNewswire/ -- Vuzix Corporation (OTCQB: VUZI), a leading supplier of Video Eyewear and Smart Glasses products in the consumer, commercial and entertainment markets, announced today that it has released a new product - the Wrap 1200DX - an all-digital video eyewear solution utilizing a High-Definition Multimedia Interface (HDMI) connection, projecting high-quality 2D and 3D crystal clear video for users. The Wrap 1200DX technology enables a plug 'n play connection to the broadest range of audio/video, multimedia, mobile and computer devices, and projects images on a relative 75" virtual widescreen display, as seen from 10 ft. (~3m). The Wrap 1200DX is designed for consumers who use video eyewear in settings such as airplanes or for enhanced gaming and virtual reality. The device is now available for Pre-Order on the Vuzix website for $499.99, continuing an important product line and source of revenue for the company in video eyewear. Volume shipments to channel customers will take place before US Thanksgiving.

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"We are excited to begin shipping the Wrap 1200DX video eyewear, offering a huge 2D and 3D 75-inch screen, as seen from 10 feet.  Vuzix offers what we believe is the most complete, broadest product line in the wearable technology video eyewear category and this digital input solution for the wrap line rounds it out nicely for those looking for connectivity to the latest devices.," said Paul Travers, President and CEO of Vuzix.

The Wrap 1200DX model connects to virtually any device providing a HDMI compliant port such as mobile phones, tablets, Blu-ray players, game consoles and personal computers. For those looking for something beyond simply watching video, the Wrap 1200DX can be transformed into a Virtual Reality gaming experience with an optional Wrap Tracker to add head tracking capabilities to supporting games and simulations for a see-where-you-look virtual reality gaming experience. Users can also clip on an optional Wrap Lightshield for a truly immersive home theatre experience.

About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear 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 33 patents and 15 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) 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 Wrap 1200DX for volume manufacturing, distribution channel product demand, future business and development work, 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.

SOURCE Vuzix Corporation