ROCHESTER, N.Y., April 2,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, today
announced that it recently entered into a reseller agreement with
Purview Services ("Purview"), an IT services, consulting, and
business solutions firm based in Edinburgh, Scotland (UK). Vuzix has
received and shipped against a large volume purchase order from
Purview, who will distribute Vuzix products to its customers across
EMEA and India.
Through this reseller partnership, Purview intends to offer its
customers voice-driven AI solutions using Vuzix AR smart glasses to
solve complex business problems. These can vary from remote
surveillance of solar and wind farms by field workers, accelerated
learning of industrial workforce through AR bots, remote healthcare
& ICU support by specialists and making the world a more secure
place with enhanced collaboration for defense forces using AR
vision headgear. Purview will be targeting industry verticals and
develop AI solutions for healthcare, utilities, manufacturing,
logistics and defense.
"We are proud to announce our partnership with Vuzix, a leading
manufacturer of AR smart glasses," said Reddy Punna, Founder and CEO of Purview
Services. "We are thrilled to partner with Vuzix and provide their
wearable solutions to our customers and partners across the EMEA
& India regions."
"We are excited to be working with Purview, a global provider of
IT business solutions to mid-market and Fortune 500 companies,"
said Paul Travers, President and CEO
of Vuzix. "Our two firms target many of the same market verticals
and this partnership will facilitate increased market penetration
for customers ready to embrace AR-based solutions to increase their
productivity and improve their carbon footprint among other
things."
About Purview
Purview, a global IT company founded in 2010, has continuously
grown and evolved over the past decade. Led by Founder and CEO Mr.
Reddy Punna, Purview has embraced
change, brought new ideas to the table, and taken on challenging
projects to become a leader in the industry. Purview's
entrepreneurial journey has been centered on building and
maintaining relationships with the best in the world, enabling the
company to continuously pursue its goal of perfection. Purview's
focus on outstanding quality has been unwavering, from introducing
path-breaking technologies to setting new standards of service in
the IT sector. Today, Purview celebrates its business achievements
and recognizes the employees who have played a vital role in
reaching important milestones. The company is more dedicated than
ever to delivering its clients the best possible services and
solutions. For more information, visit the Purview website at
https://www.purviewservices.com.
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 350 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2024 and several wireless technology innovation
awards among others. Founded in 1997, Vuzix is a public company
(NASDAQ: VUZI) with offices in: Rochester, NY; Munich, Germany; and Kyoto and Tokyo, Japan. For more information,
visit the Vuzix website, Twitter and Facebook pages.
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 Vuzix Smart Glasses, our business relationship and future
opportunities and orders with Purview and its customers, 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.
Vuzix 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, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation
