ROCHESTER, N.Y., May 10, 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, after receiving and qualifying newly revised production components, has started ramping up production of its iWear Video Headphones. The Company is expecting full production levels within the coming month or so, as the supply chain accelerates its deliveries.
Along with improving supplier quality and higher yields, the newly qualified components have significantly improved the optical performance of the iWear Video Headphones in areas including contrast, color, and general optical performance. The company has also upgraded its iWear firmware and PC software to its latest 1.3 revision with improved head tracking and is continuing to grow its virtual reality title support, one of the many great uses of the versatile iWear Video Headphones. A link to some of the latest titles is here: https://www.vuzix.com/support/Products_VR_Support. The new software is available to all Vuzix customers at www.vuzix.com/support/Downloads_Drivers. The iWear now also have a much improved light shield with soft cloth covers over foam with a molded rigid mount to the iWear, for a more comfortable and immersive fit. All current iWear customers are eligible to receive a free light shield by contacting Vuzix at https://www.vuzix.com/Contact.
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 2014 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 and improvements of the iWear and ramping production. 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