ROCHESTER, N.Y., Sept. 12, 2011 /PRNewswire/ -- Vuzix Corporation (TSX-V: VZX, OTC:BB: VUZI; FMB: V7X) ("Vuzix" or the "Company") announced today it has granted stock option to an external director of the Company to purchase 1,000,000 common shares of the Company, exercisable at the price of $0.10 per share, subject to regulatory approval. The option agreements to be issued will be subject to the TSX four (4) month hold period and are granted in accordance with the Company's Stock Option Plan.
About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear products in the defense, consumer and media & entertainment markets. The Company's products, personal display devices that offer users a portable high quality viewing experience, provide solutions for mobility, thermal sighting systems, tactical wearable displays, virtual and augmented reality. With its origins in defense research and development for next generation display solutions, Vuzix holds over 51 patents in the Video Eyewear field. The company has won 9 Consumer Electronics Show Innovations Awards, the RetailVision Best New Product and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (TSX-V:VZX - News, OTC:BB: VUZI; FMB: V7X) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan. For more information visit www.vuzix.com.
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SOURCE Vuzix Corporation