ROCHESTER, N.Y., Jan. 25, 2021 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, announced today it has partnered with
KDDI overseas subsidiaries ("KDDI", TOKYO: 9433) to provide Vuzix Smart
Glasses to customers across the globe to support their COVID-19
business continuity planning efforts and increase overall
productivity. KDDI, one of Asia's
largest telecommunications providers, has also begun to deploy
Vuzix Smart Glasses internally to support maintenance in their
telecom facilities.
KDDI provide a multitude of services, including mobile phone
services, fixed-line communication, and data centers, making it an
optimal one-stop solution provider for everything from network
infrastructure installation to implementation and maintenance of
remote work-support systems. To support customers across
Asia, Europe and the Americas, KDDI's overseas
branches KDDI China, KDDI Shanghai, KDDI Guangzhou, KDDI Hong Kong,
KDDI Taiwan, KDDI Korea, KDDI Singapore, KDDI Malaysia, KDDI
Indonesia, KDDI Philippines, KDDI Vietnam, KDDI Thailand, KDDI
Australia, KDDI India, KDDI Dubai, KDDI Phnom Penh and KDDI Myanmar
have all partnered with Vuzix to resell the Company's smart
glasses.
"We look forward to working with KDDI as both as reseller of our
smart glasses and an internal user," said Paul Travers, President and Chief Executive
Officer at Vuzix. "KDDI is a leading supplier of telecom services
in Japan as well as an established
global supplier of IT products and services and this partnership
represents a perfect fit for the solutions and capabilities of both
companies."
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.
About KDDI
KDDI is a telecommunication service provider in Japan, offering both mobile and fixed-line
communications. With its well-established base of over 58 million
customers, and through mobile services and shops offering its "au"
brand, KDDI is expanding its services into the "Life Design"
business, which includes e-commerce, fintech, nationwide electric
power utility services, entertainment and education. With a 60-year
history, KDDI is now focusing on creating smart infrastructure
through IoT technologies and open innovation with partners and
start-up companies in diverse industries. KDDI is accelerating the
global growth of its telecommunications consumer business, with
operations in Myanmar and
Mongolia, and in the global ICT
business with the "TELEHOUSE" brand. KDDI (TYO:9433) is listed on
the Tokyo stock exchange.
http://www.kddi.com/english/.
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' the potential of future business growth with KDDI 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