Vuzix showcases new waveguide technology with increased fields of view and MicroLED technology at CES 2019

Showing behind closed doors 60 degree field of view waveguides and display engines with waveguides at fraction the size ever delivered for next generation augmented reality products

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Vuzix Corporation

Jan 10, 2019, 10:30 ET

ROCHESTER, N.Y., Jan. 10, 2019 /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 that the Company has been showcasing a series of new technological innovations and prototypes at CES 2019 at the Vuzix booth located in Tech East LVCC, Central Hall Booth #15036 from January 8-11 in Las Vegas, Nevada.

These proprietary technology demonstrations are being shown privately to guests on an invitation only basis for competitive reasons and not to the general public just yet. The demonstrations include:

Vuzix' next generation wide-field-of-view waveguide optics. This binocular system features HD displays with a large full-color 60 degree field of view (FOV) stereo image, the largest commercially demonstrated FOV system from Vuzix to date.
An extremely small display module featuring MicroLED display technology developed with Plessey Semiconductor coupled with a Vuzix waveguide and coupling optics. The display engine is just one-quarter of the size of the existing Vuzix Blade Cobra II engine and we feel is the smallest waveguide-based display engine ever built that also draws a fraction of the power. The size of the entire display engine is approximately the size of a pencil eraser and will allow future AR smart glasses to have a virtually indistinguishable look and feel from normal eyeglasses; smart glasses that even a "Kingsman" would wear.
Vuzix' next generation enterprise Smart Glasses optimized for AR, streaming video and cloud-based services and using several of our new partners latest technology. Based on the same platform as Vuzix' other Smart Glasses, these next generation smart glasses run the latest version of Android and have a host of further product enhancements which makes it one of the newest and most powerful smart glasses built for enterprise users.
A USB-C version of the Vuzix Blade Smart Glasses, designed to plug directly into USB-C compatible mobile phones, tablets and computers. The Blade and the USB-C device becomes one and can be used with a variety of host device operating systems.

"These demonstrations illustrate corner stone technology based on Vuzix intellectual property and we believe are significant steps forward for the entire AR smart glasses industry", said Paul Travers, President and CEO of Vuzix. The AR innovation demonstrations are only available by appointment and interested 3^rd parties can contact Matt Margolis – [email protected] to book an appointment for a viewing.

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 144 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 2019 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 these new technology demonstrations and innovations, their features and performance 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:

Matt Margolis, Director of Corporate Communications and Investor Relations, Vuzix Corporation [email protected] Tel: (585) 359-5952

Ed McGregor, Director of Institutional Investor Relations, Vuzix Corporation [email protected] Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, Suite A, West Henrietta, NY 14586 USA,
Investor Information – [email protected] www.vuzix.com

SOURCE Vuzix Corporation