ROCHESTER, N.Y., Sept. 6, 2017 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise markets, is pleased to announce that the Company has delivered M300 Smart Glasses to SATS, a Singapore based leading provider of gateway services and food solutions that provides services at 47 airports and 14 countries across Asia and the Middle East. SATS, the chief ground-handling and in-flight catering service provider at the Singapore Changi Airport has started using Vuzix M300 Smart Glasses to digitize its ramp handling operations and has begun introducing the technology to 600 of their staff, which should be deployed across their network by mid-2018.
Using Vuzix smart glasses, SATS ramp handling staff will be able to scan visual markers such as QR codes on baggage and cargo containers to improve the baggage handling process. SATS ramp handling staff will receive real-time loading instructions, as well as allow the ramp control center a real-time view of on-ground processes. SATS expects the increase the accuracy and improvement in efficiency of baggage and cargo handling processes for larger wide-body aircraft on average can shorten loading times by 15 minutes per flight.
A video link highlighting the SATS augmented reality ramp operations project can be found here.
About Vuzix Corporation
Vuzix is a leading supplier of Smart-Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise 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 58 patents and 37 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 2017 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, the success of and future business for the M300 with SATS, 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