Vuzix Announces Its Next Generation Virtual Reality Video Eyewear -- The Wrap(TM) VR1200

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ROCHESTER, NY -- (MARKET WIRE) -- 01/04/11 -- Vuzix Corporation (TSX-V: VZX) (OTCBB: VUZI) ("Vuzix" or the "Company") announced today that it will begin shipping the first ever widescreen virtual reality video eyewear, the Wrap VR1200, in the Spring 2011.

The product will be on view at the 2011 International Consumer Electronics Show, January 6th to 9th. Visit Vuzix at the Las Vegas Convention Center's Central Hall, Booth #11740.

The Wrap VR1200 display provides a viewing experience similar to a 75-inch flat panel television viewed from 10-feet, supporting display resolutions of up to 1280 by 768 with a diagonal field of view of 35 degrees. It includes a Wrap Tracker 6TC, the latest head-tracker technology offering up to 6 degrees of freedom, providing a true "where you look is what you see" experience. This next generation hardware is accompanied by the latest release of the Vuzix VR Manager software with 3D driver support for virtually all makes and models of Windows graphics cards.

Paul J. Travers, Chief Executive Officer, commented, "The Wrap VR1200 sets a new industry standard for virtual reality eyewear. With higher resolution 16:9 widescreen support and a new head-tracker, it surpasses anything currently on the market."

Mr. Travers added, "Thousands of software developers have downloaded our software developer kit (SDK) and many applications have 3D stereoscopic video support and head-tracking support that take advantage of our video eyewear. Our most recent SDK release supports the Wrap VR1200."

The Wrap VR1200 is the most advanced, highest-resolution widescreen virtual reality video eyewear available. It displays 2D video for all games and applications and 3D video and/or head tracking for a large assortment of Windows based programs. The Wrap VR1200 can also connect to component video devices, such as the xBox360 or PlayStation 3 and an optional composite adapter enables connection to virtually any audio/video device including the Apple® iPod touch® or iPhone®.

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) (OTCBB: VUZI) 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 order backlog, the Company's financial position, 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.

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For further press information, please contact:

Charlotte Walker
VP Corporation Communications
Email Contact
75 Town Centre Drive
Rochester, NY USA
Tel: (585) 359-5910

Source: Vuzix Corporation

Released January 4, 2011