ROCHESTER, N.Y., Jan. 29,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, today
announced that NTT QONOQ, the XR arm of NTT Group,
Japan's leading company in the
telecommunications business, now supports the use of its NTT XR
Real Support solution on Vuzix M400™ smart glasses.
NTT XR Real Support* is a remote work support solution using
mixed reality (MR) technology to solve problems such as technical
transfer, manpower shortage, and ensuring safety. It contains
various functions of web conferencing tools, and MR functions
provide support for on-site work that cannot be achieved by other
tools. Japan's labor force
continues to be impacted by a declining birthrate and aging
population, and the use of mixed reality to facilitate remote
operation is one way to address this challenge. NTT XR Real Support
is mainly intended for use in the infrastructure industry such as
electricity, gas, and communications, and in the manufacturing
industry, which handles expensive equipment and precision
machinery. Its use makes it possible to decrease the number of
needed on-site workers, reduce downtime, and shorten training
times.
* https://www.nttqonoq.com/realsupport/
"Vuzix M400 AR smart glasses are the ideal workhorse for a
variety of market verticals and use cases, and we are thrilled to
have NTT QONOQ offer its remote support solution on them to its
broad customer base," said Paul
Travers, President and Chief Executive Officer at Vuzix.
"NTT QONOQ has already established itself as a broad and
comprehensive supplier of mixed reality solutions. We look forward
to working with them to bring Vuzix smart glasses to a wide range
of their customers."
The Real Support app can be found at the Vuzix app store at
https://apps.vuzix.com/.
About NTT QONOQ
QONOQ started business as a wholly-owned subsidiary of NTT
DOCOMO, Inc. on October 1, 2022. For
individual customers and corporate customers, we use XR such as VR
(virtual reality), AR (augmented reality), and MR (mixed reality),
based on the three business pillars of metaverse, digital twin, and
XR devices. We provide a variety of services and solutions. The
purpose of QONOQ is to create new experiences by continuously
moving between real and digital spaces. Believing in the potential
of ideas and technology, we continue to explore the unknown
together with developers and all others.
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 350 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; Oxford, UK; 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 Smart Glasses, our business relationship and future
business opportunities with NTT QONOQ and their customers, 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