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Vuzix M4000 Smart Glasses Aid Construction Worksite Audit Via DJI Drone

News Provided by PR Newswire2021-01-22

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Vuzix M4000 Smart Glasses Aid Construction Worksite Audit Via DJI Drone

[22-January-2021]

ROCHESTER, N.Y., Jan. 22, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Vuzix M4000 Smart Glasses were recently used to perform a successful worksite inspection via a DJI Mavic 2 Pro drone used by Drones4Geology, a Barcelona based provider of geologic-related drone services. The combined technology was used to access hard to reach areas and bring a different perspective of the study area to the end customers including the inspection of cranes, elevated facilities and various machinery.

"With the Vuzix M4000 Smart Glasses and my DJI Mavic 2 Pro drone, I was able to perform a complex flight in very narrow areas and camera view to ensure the best capture of the facilities I was monitoring. In summary, I was able to perform my work in a much safer way as I was in visual control of the drone every moment," commented Fernando Borràs Castelló, Co-Founder of Drones4Geology.

"The Vuzix M4000 Smart Glasses are being put to work to solve business problems by our customer base. Drone4sGeology is another example of a customer that has turned to Vuzix Smart Glasses to better support its business operations and customers in its day-to-day activities," said Paul Travers, President and CEO of Vuzix.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) 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 augmented reality. Vuzix holds 184 patents and 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 2021 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. For more information, visit 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' the potential of future business growth with Drones4Geology 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 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.

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, Suite A, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com