KTI Ingeniería Expands Deployment of Vuzix Smart Glasses Across Chile



CMPC is a multinational corporation that produces and markets wood, pulp, packaging products, and products for household and personal use. “We have implemented the use of Vuzix Smart Glasses in our business as we cannot sporadically travel to the more than 40 countries where we sell our products. The goal of implementing this advanced technology is to ” have better access to our customers and make immediate resolutions, explained Pedro Silva, Cardboard Technical Assistance Manager of the CMPC Deputy Technical Director.

Statkraft is an international producer of hydro, wind, solar and gas energy and a supplier of district heating. “Our factory is 45 minutes away and each specialist has to go to operations constantly. Thanks to the implementation of Vuzix smart glasses in our facilities, we have been able to achieve a reduction in travel and travel costs. Recently, we were able to get the advice of an expert in Brazil thanks to these glasses “, said Mirko Ojeda, expedition coordinator at Statkraft Chile.

German Domke, Deputy Commercial Director of KTI, highlights the integration of Vuzix Smart Glasses in the region. “A recent PageGroup study found that 60.3% of IT managers Latin America accelerated their digital transformation processes to stay operational during the pandemic. This technology will have a big impact in the coming years. We are proud to support the various companies operating in Biobío and Chile, offering them our experience, support and training so that they can streamline their processes and, most importantly, save time and costs when performing operations remotely. Vuzix smart glasses are a key part of doing this, ”said Mr. Domke.

“Country by country, Vuzix smart glasses are adopted and deployed because they are such a compelling productivity tool,” said Paul Travers, President and CEO of Vuzix. “Chile is just one example of this in South America alone and we look forward to expanding our presence there with valuable channel partners such as KTI Ingeniería. “

About Vuzix Corporation

Vuzix is ​​a leading provider of smart glasses and augmented reality (AR) technologies and products for the consumer and enterprise markets. The Company’s products include personal displays and portable computing devices that provide users with a high-quality portable viewing experience, provide solutions for mobility, portable displays and augmented reality. Vuzix holds 210 patents and pending patents and numerous IP licenses in the field of video eyewear. The company has won innovation awards at the Consumer Electronics Show (or CES) for the years 2005 to 2021 and several innovation awards in wireless technology, among others. Founded in 1997, Vuzix is ​​a public limited company (NASDAQ: VUZI) with offices in Rochester, New York, Oxford, United Kingdom, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.

Disclaimer Regarding Forward-Looking Statements

Certain statements contained in this press release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. The forward-looking statements contained in this press release relate to Vuzix smart glasses, our business relationship and future opportunities with KTI Ingeniería and its customers, and among others the company’s leadership in smart glasses and AR display. They are usually identified by words such as “believes”, “may”, “expects”, “anticipates”, “should” and similar expressions. Readers should not place undue reliance on these forward-looking statements, which are based on the Company’s beliefs and assumptions as of the date of this release. The actual results of the Company 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 Securities and Exchange. Commission of applicable United States and Canadian securities regulatory authorities (copies of which can 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 changes in events or circumstances occurring after the date of this press release, except as required by applicable law.

Vuzix media and investor relations contact:

Ed McGregor, director of investor relations,
Vuzix Company
[email protected]
Phone. : (585) 359-5985

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

SOURCE Vuzix Corporation

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