ROCHESTER, N.Y., Aug. 16,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products,
announced that its Z100 smart glasses have been selected by GPS
TUNER, a leader in white label eMobility software solutions, to
bundle as a heads-up AR display compliment to the apps they offer
and sell to eBike global manufacturers and their end-users.
GPS TUNER's mission is to revolutionize smart mobility by
providing innovative, reliable, and user-friendly navigation
solutions for bicycles, eBikes, eScooters, LEVs, and EVs, ensuring
every journey is safe, efficient, and enjoyable. Its primary
products include Companion App, Navie, and EV Navigation. These
apps have been downloaded for phone use by over two million riders
across 99 countries. With driver safety always top of mind, GPS
TUNER plans to directly offer eBike manufacturers the option to
include Vuzix Z100 smart glasses with every bike they sell, in
order to reduce rider distraction and enhance the usage of their
existing suite of smart mobility apps.
GPS TUNER's new V2X (vehicle-to-everything) technology, which
was recently demonstrated along with Vuzix Z100 smart glasses at
Eurobike 2024 held in early July in Frankfurt, Germany, aims to transform road
safety. Developed in collaboration with end-to-end V2X solution
provider Commsignia, this system enables real-time communication
between vehicles, infrastructure, and personal devices, providing
instant alerts and safety warnings for cyclists and scooter riders.
It aims to facilitate safer, smarter travel while reducing
accidents and ensuring secure journeys for vulnerable road
users.
"Vuzix offers some of the best see-through wearables in the
world and their Z100 smart glasses fit hand to glove with the use
of our eMobility software apps," said Gábor Tárnok, CEO and
Founder of GPS TUNER. "We believe many of our eBike customers will
embrace this combined solution as an attractive feature for their
products. Our initial roll out is anticipated for this year
and we intend to expand as the demand requires."
"The number one cause of scooter and smart bike accidents is
distracted driving due to cell phone usage while riding. GPS TUNER
solutions are tailor made to work with Vuzix smart glasses,
creating a heads-up, hands-free solution for riders that will make
them more informed while keeping their eyes on the road," said
Paul Travers, President and CEO of
Vuzix. "We're proud to support a safer driver population and look
forward to seeing an expanded relationship with GPS TUNER as they
market their bundled solution to their customers."
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 375 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; 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 business
opportunities with GPS TUNER and their customers, the benefits and
capabilities of the solution bundle 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 lean 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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/gps-tuner-selects-vuzix-nasdaqvuzi-z100-smart-glasses-to-bundle-as-a-heads-up-display-for-their-ebike-software-offerings-302224173.html
SOURCE Vuzix Corporation
