ROCHESTER, N.Y., May 17, 2016 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of Video Eyewear and Smart Glasses products in the consumer, enterprise, and entertainment markets, is pleased to announce that the Company will showcase its wearable technology products at the SAP SAPPHIRE Annual Conference. The event will be held May 17-19, 2016 in Orlando, Florida at the Orange County Convention Center (OCCC). It is organized by SAP. The event agenda and other information is available online at: http://events.sap.com/sapandasug/en/agenda.
In addition to supporting SAP with their AR Warehouse Picker and AR Service Technician applications running on the Vuzix M100 smart glasses, Vuzix will have partners in attendance demonstrating their SAP smart Glasses applications, including KPIT, who will be showcasing their M100 warehouse picker application as well as their new Respial application for Field Service. KPIT is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy and Utilities companies.
Vuzix will also preview its next generation M300 Smart Glasses, with significantly improved ergonomics and faster processing power running Android 6.0, and much more, all in a ruggedized form designed specifically for enterprise, industrial and medical use.
"We are looking forward to attending SAP's Sapphire Now Annual Conference, the largest global business technology event," said Paul Travers, President and Chief Executive Officer at Vuzix. "We have worked with our partner KPIT to enhance the augmented reality experience that our M100 Smart Glasses deliver. KPIT's picker application on the M100 has vastly improved efficiency and productivity of this task, which has historically been one of the most labor intensive and costly activities for warehouses, estimated to comprise as much as 55% of total warehouse operating expense."
About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear and Smart Glasses products in the consumer, enterprise and entertainment 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 virtual and augmented reality. Vuzix holds 40 patents and 23 additional 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 2016 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 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, among other things, and the Company's leadership in the Video Eyewear, VR 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.
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SOURCE Vuzix Corporation