ROCHESTER, N.Y., Dec. 4, 2018 /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 the commercial availability of the
Vuzix M300XL Smart Glasses for enterprise.
The Vuzix M300XL Smart Glasses are the most powerful and best
performing enterprise smart glasses ever released by the
Company. The M300XL includes upgraded 2.4 GHz Wi-Fi for
better network performance and roaming support. The M300XL
utilizes the same Android operating system as other M-Series
devices, allowing existing M-Series applications to be loaded onto
the device and deployed into the field.
The M300XL Smart Glasses come equipped with improved battery
performance, providing a longer shelf life when the device is
turned off or stored for an extended period of time between field
usages. The external battery connection on the M300XL
features a standard USB connection that can be tied directly into a
hot swappable battery or an external battery pack.
The Vuzix M300XL, similar to other successful M-Series smart
glasses, features a wide array of industrial accessories and is the
only universal smart glasses device available in the market.
The Vuzix M300XL frames can be adjusted for left or right eye use,
mounted onto a hardhat, headband or safety eyewear, and worn with
prescription lenses or no lenses at all. And the M300XL has adopted
standard USB sockets for its connectivity and has dropped the
proprietary "pogo-pin" connectors of the original M300 model. Now
any standard USB connection can be used without special
adaptors.
The M300XL Smart Glasses feature a new 16 MP camera that is
equipped with improved autofocus and image stabilized performance,
allowing users to more rapidly scan barcodes. Barcodes can
now be scanned in roughly one second or two to three times faster
than previous Vuzix Smart Glasses devices. Additionally, the
M300XL Smart Glasses support a telephoto lens add-on that enables
long range scanning and even faster barcode scanning
capabilities.
"The Vuzix M300XL Smart Glasses have already been placed into
the field with select Vuzix channel partners and enterprise
customers and are now commercially available for all enterprise
customers," said Paul Travers, Vuzix
President and Chief Executive Officer. "Vuzix continues to
innovate and provide industry leading enterprise smart glasses
products for our customers and the Vuzix M300XL Smart Glasses are a
significant step forward for the enterprise market."
The Vuzix M300XL will be priced at $1,499.99, the same price as the prior M300
model. The original M300 Smart Glasses have been placed on sale for
$999.99 and it too will include the
same new 16MP camera as the M300XL, however quantities are limited
and all future new production will be M300XL version.
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 133 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 2018 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, Barcelona, Spain 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 the success, features and performance of the Vuzix M300XL Smart
Glasses as well as 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:
Matt Margolis, Director of
Corporate Communications and Investor Relations, Vuzix Corporation
matt_margolis@vuzix.com Tel: (585) 359-5952
Ed McGregor, Director of
Institutional 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