ROCHESTER, N.Y., April 19, 2017 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading
supplier of Smart Glasses, Augmented Reality (AR) and Virtual
Reality (VR) technologies and products for the consumer and
enterprise markets, is pleased to announce that the company was
recently highlighted in an Accenture article focused on wearable
technology used to optimize the assembly of Airbus aircrafts.
Airbus was tasked with helping operators reduce the complexity
of assembling cabin seats and decrease the time required to
complete this task. Accenture and Airbus collaborated to
develop a state-of-the-art
application for wearables in aerospace using Vuzix
industrial-grade smart glasses to
improve the accuracy and reduce the complexity of cabin
furnishing.
Accenture and Airbus delivered this initiative in less than a
month and Vuzix smart glasses were used to improve the accuracy and
reduce the time required to complete the cabin seat marking
process. The initiative between Accenture, Airbus and Vuzix
smart glasses marked the first industrialized usage of wearable
technology on the final assembly line for a major aircraft
manufacturer.
Accenture's article titled "Airbus Soars With Wearables," can be
viewed through the following link:
https://www.accenture.com/us-en/success-airbus-wearable-technology.
"We are thrilled to be working alongside Accenture, one of our
key system integrators and Airbus on this initiative to reduce the
complexity of assembling cabin seats and complete the tasks at hand
in less time than conventional methods," said Paul J. Travers, President and Chief Executive
Officer at Vuzix.
About Vuzix Corporation
Vuzix is a leading supplier of Smart-Glasses, Augmented Reality
(AR) and Virtual Reality (VR) 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 virtual and augmented reality.
Vuzix holds 51 patents and 39 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 2017 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.
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, among other things, the
success and future potential business from this Airbus program, and
the Company's leadership in the Video Eyewear, VR 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" and MD&A sections of the Company's Annual Reports and
Quarterly Reports 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
Andrew Haag, Managing Partner,
IRTH Communications
vuzi@irthcommunications.com Tel: (866) 976-4784
Vuzix Corporation, 25 Hendrix Road, Suite A, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com Tel:
For further sales, and product information, please
visit:
North America:
http://www.vuzix.com/contact/
Europe/UK:
https://www.vuzix.eu/contact/
Asia:
http://www.vuzix.jp/contact.html
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SOURCE Vuzix Corporation