Vuzix Announces New See-Through Tac-Eye Monocular Display System
ROCHESTER, N.Y., May 17, 2011 /PRNewswire/ -- Vuzix Corporation (TSX-V: VZX, OTC:BB: VUZI, FMB: V7X) ("Vuzix" or the "Company") today announced its new Tac-Eye® Monocular Display System. The Tac-Eye ST is a see-through augmented reality (AR) enabled monocular Video Eyewear that is expected to be used in a variety of defense, security and industrial applications where rugged hands free video displays are needed. Building from Vuzix' award winning technology in AR-enabled video eyewear, the new display will enable users to view the real world scene while also viewing relevant computer generated information, graphics and alerts.
Vuzix will be demonstrating its new Tac-Eye ST system at the 2011 Special Operations Forces Industry Conference (SOFIC), May 17 – 19th in Tampa, Florida at the Tampa Convention Center, Booth# 1345.
The Tac-Eye ST is a ruggedized monocular see-through head mounted display for defense, security, surveillance and industrial applications. Designed to clip-on to safety glasses or helmets, the monocular display will improve the user's situational awareness over current monocular models. Part of Vuzix' Tac-Eye product line, the unit will also provide unprecedented connectivity, connecting to any device with VGA or composite video out capability. The Tac-Eye ST is a SVGA monocular with a 32-degree field of view (FOV). It will ship with an optional tracker for full AR capability.
Paul J. Travers, Chief Executive Officer, commented, "The Tac-Eye ST fills a need that our defense and security customers have been asking for. Situational awareness is critical to a user's safety in the field, and their ability to act and react quickly. We are pleased to be able to deliver the see-through binocular sooner than we anticipated."
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 and 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.
Forward-Looking Statements Disclaimer
Certain statements contained in this 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, future product releases, new opportunities, the Company's ability to capitalize on new opportunities and the Company's leadership in the Video Eyewear industry. They are generally identified by words such as "plans," "seeks," "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 from those projected in the Company's forward-looking statements due to, among other things, our ability to raise necessary capital; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the timing of new product launches; delays in product development; and dependence on third parties for certain key components. These risk factors and others are 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further press and product information, please contact: Vuzix Corporation 75 Town Centre Drive Rochester, NY 14623 USA Charlotte Walker Stephen Glaser VP Corporate Communications VP of Sales – Tactical Display Group IR@Vuzix.com Stephen_Glaser@vuzix.com Tel: +1 (585) 359-5910 Tel: +1 (585) 359-7563
SOURCE Vuzix Corporation
Released May 17, 2011