ROCHESTER, N.Y., March 24, 2020 /PRNewswire/ -- Vuzix®
Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a
leading supplier of Smart Glasses and Augmented Reality (AR)
technology and products, today announced the Company has received a
follow-on M400 Smart Glasses order from 1Minuut Innovation, a Dutch
medical services company. This follow-on order for 110 M400 Smart
Glasses with accessories represents ongoing business demand from
1Minuut beyond a previously announced shipment of over 100 M400
Smart Glasses. Intended usage for these units is for general
telemedicine and to support 1Minuut Innovation in response to
COVID-19 healthcare needs in the Netherlands.
1Minuut's main focus is to deliver highly secured video
streaming and recording through their Genzõ mobile software
platform. Genzõ facilitates an easy-to-use, safe and mobile
communications platform to chat or video call using Vuzix Smart
Glasses, delivering medical expertise across multiple use cases in
healthcare. The Point of View (PoV) of the care practitioner
wearing the Vuzix Smart Glasses makes it easy for external highly
skilled colleagues to give help. The care practitioner has
their hands free all the time while receiving visual and voice
expert feedback on their Vuzix Smart Glasses. Using AR overlays,
Genzõ makes it easy to point to a certain area on the live video
screen or give textual feedback. Integration of medical company
policies and protocols while sending telemedicine sessions on the
smart glasses is also possible with Genzõ. Genzõ uses 'HIPAA
compliant equivalent' EU-based GDPR-compliant software (ISO27001
and NEN7510) to share (push and pull) medical data safely to and
from patient files.
"Currently, Vuzix is our exclusive smart glasses provider.
The Vuzix M400 with its enhanced performance and capabilities is
the ideal solution to fulfill the urgent needs of our customer case
in response to this pandemic," stated Martijn de Groot, CEO and Co-Founder of 1Minuut
Innovation. "In this time of crisis, when The Netherlands is flooded with the widespread
Corona virus, smart glasses are proving to be an efficient way to
keep key professionals at a safe distance while not sacrificing the
quality of care in quarantine environments."
"1Minuut is trailblazing the health care industry through the
creation of their Genzõ mobile platform around Vuzix Smart Glasses
to deliver new telemedicine experiences that improve both the
quality and accessibility of healthcare during crisis situation."
said Paul Travers, Vuzix President
and Chief Executive Officer.
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 150 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 2020 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 1Minuut Innovation
1Minuut Innovation is a young, dynamic and growing organization
focused on healthcare innovation. 1Minuut innovation invents,
creates and implements innovative technological solutions for
healthcare. Our spearhead is safe, easy and mobile
communication that provides innovative business continuity using
smart glasses. All our solutions are made with the help of
healthcare professionals around the world. 1Minuut's mission is, to
deliver software, making healthcare professionals work safe, mobile
and easy. http://1minuut.com/ info@1minuut.com
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 Vuzix Smart Glasses, our business relationship and eventual
sales opportunities with 1Minuut 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