Vuzix Corporation Awarded Contract to Develop Personnel Tracking System for U.S. Army
ROCHESTER, NY -- (MARKET WIRE) -- 09/23/10 -- Vuzix Corporation (TSX-V: VZX) (OTCBB: VUZI) has been awarded a $643,000 contract through July 2011 from the U.S. Army's Research, Development and Engineering Command (RDECOM) to design a wearable computing system that will allow command units to have precise positioning information on soldiers in areas where a global positioning system (GPS) is not operable. As part of this effort, Vuzix will develop a see through, transmissive display engine upgrade for the TAC-EYE® LT head mounted display, giving commanders an augmented view of the Battlespace.
The upgraded system is expected to provide Operators with a reliable sensor package for use in GPS challenged areas. This is critical because dismounted soldiers frequently operate in GPS-denied or GPS-corrupted environments and very often need to have a very accurate position fix for situational awareness software and systems to work. A typical requirement in the field is for an absolute position to be known to one meter, thus enabling software to help resolve where the soldier (or a sensed threat) is within a building or area.
Vuzix is a leading manufacturer of Video Eyewear; personal display devices that provide users with portable high quality viewing experiences. Vuzix started in the defense sector with a focus on R&D of next generation display solutions for the US DoD and the Special Operations community, and today is a leading supplier of display products for digital night vision systems, tactical wearable displays and consumer products. Vuzix has 51 patents in the Video Eyewear field and provides solutions for mobile computing, tactical information display, video, virtual and augmented reality, and 3D entertainment. The Company addresses the defense, industrial, consumer and medical markets and has shipped well over 200,000 display solutions since its inception. Vuzix has won multiple CES Innovations Awards, the RetailVision Best New Product award, several wireless technology innovation awards, among others. Founded in 1997, Vuzix recently became a public company listed on the TSX Venture Exchange (TSX-V: VZX) and the US OTC Bulletin Board (OTCBB: VUZI) with offices in Rochester, NY; London, UK and Tokyo, Japan. For more information, please visit: www.vuzix.com.
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Press and Investor Contact: Charlotte Walker VP Corporate Communications 585-359-5910 Email Contact Product Contact: Steve Glaser VP of Sales 585-359-7563 Email Contact Vuzix Corporation 75 Town Centre Dr Rochester, NY 14623 www.vuzix.com
Released September 23, 2010