Vuzix Receives Follow-Up Order From Fortune 50 Customer To Support Supply Chain Operations
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ROCHESTER, NY, September 21, 2021 / PRNewswire / – Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix†or the “Companyâ€), a leading provider of smart glasses and augmented reality (AR) technologies and products, announced today The company received a follow-up order for its M400 smart glasses from a Fortune 50 customer to support its supply chain operations.
Global sourcing uncertainties, disruption and inflationary forces are pushing companies of all sizes to better manage the complexities of their supply chain. Combined with the continued growth in online shopping, achieving new levels of productivity for product transportation, inventory management and order fulfillment will become a distinct competitive advantage. Smart glasses are becoming a cost-effective tool to facilitate these goals and a growing number of the world’s largest companies are starting to move from trial to deployment.
“Overall, Vuzix is ​​investing time and resources to support our largest customers in the retail, warehousing and logistics industry who have come to Vuzix with specific use cases and challenges. This Fortune 50 client is just one of many exciting opportunities within this vertical and Vuzix looks forward to helping this client successfully develop and deploy our products at the global scale, â€said Paul Travers, President and CEO of Vuzix.
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 potential future opportunities with the Fortune 50 listed customer and other major organizations around the world, including the company’s leadership in the eyewear industry. 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
Related links
www.vuzix.com
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