Press Releases

Vuzix Announces NTT DATA Singapore as Latest to Join Its VIP Program

Companies will deliver enterprise smart glasses solutions in Asia-Pacific region

ROCHESTER, N.Y., Dec. 16, 2016 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise markets, is pleased to announce that NTT DATA Singapore is the latest company to join the VIP (Vuzix Industrial Partner) Program to deliver smart glasses solutions for enterprise in the Asia Pacific region. NTT Data Singapore provides a smart operation support solution that realizes cost reduction and higher productivity of maintenance tasks by integrating Vuzix smart glasses hardware with applications developed by NTT DATA. NTT Data Singapore and Vuzix plan to expand this collaboration in other Asia-Pacific areas, by providing new solutions and global marketing promotion.

Mr. Ramanathan Krishnappan, CEO of NTT Data Singapore, said, "Singapore is a strategic hub of IoT/AI solutions within the Asia-Pacific region, and NTT Data Singapore wants to contribute to solving clients' business issues by providing cutting-edge technology and solutions with partners. We believe this partnership can accelerate digital transformation for both regional and global clients."

"Adding NTT Data Singapore as a Vuzix Industrial Partner is exciting. It will help us realize the transformation of maintenance tasks in the APAC region," said Paul Travers, President and chief Executive Officer of Vuzix. "We expect that NTT's strong global support capabilities will help us meet our clients' demand for higher productivity and cross-border use of smart glass applications."

See NTT Data release here: http://sg.nttdata.com/-/ntt-data-singapore-and-vuzix-corporation-announce-expanded-partnership

Outline of the Smart Operation Support Solution

Vuzix' Smart Operation Support Solution enables remote monitoring and remote support of onsite maintenance person via smart glasses connected to a remote supervisor.

The solution features the following:

(1) Support of a hands-free user interface

A maintenance person can manipulate the smart glasses command menu through voice recognition, gyro mouse and gesture control.

(2) Task management

The supervisor can configure the task list of each maintenance person and easily monitor the status of tasks.

(3) Evidence management

The maintenance person can take photos or videos for evidence and can automatically record the evidence to a server.

The new Vuzix M300 represents the next generation of smart glasses, designed to address customer feedback garnered during more than two years of productive use of the earlier M100. The advanced ergonomic design and features of the Vuzix M300 enable enterprise users to operate in an increasing number of situations and accomplish even more complex use cases.

To support the software rollout on the new M300, Vuzix has been shipping advanced units to its many VIPs (Vuzix Industrial Partners) so that they can adapt applications that have been so successful on the Vuzix M100 Smart Glasses platform, including many AR applications.

Vuzix' award-winning M300 and its other existing and new products will be displayed at CES 2017 in the Las Vegas Convention Center, Central Hall Booth # 13246, January 5 – 8, 2017. Further information on the product, its pricing and ultimate availability will be unveiled at CES in January 2017.

"We are extremely excited about the commercial rollout of the M300. The feedback that we have received from partners and developers has been enthusiastic," said Mr. Travers. "As great as the M100 is, we envision many expanded uses for the M300, including AR applications that will enable enterprise users to streamline a variety of operations and obtain even greater efficiencies."

About NTT Data Singapore Pte. Ltd.

NTT DATA is a leading IT services provider and global innovation partner headquartered in Tokyo, with business operations in over 40 countries. Our emphasis is on long-term commitment, combining global reach with local intimacy to provide premier professional services varying from consulting and systems development to outsourcing. NTT Data Singapore is a group company of NTT DATA.

About Vuzix Corporation

Vuzix is a leading supplier of Smart glasses, Augmented Reality (AR) and Virtual Reality (VR) 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 virtual and augmented reality. Vuzix holds 49 patents and 40 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 2016 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 the new Blade 3000 Smart Sunglasses, our latest waveguide and projection optics, their technological advancements and proposed features, and among other things, the Company's leadership in the Video Eyewear, VR 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.

For further information:

Media and Investor Relations Contact:
Andrew Haag
Managing Partner
IRTH Communications
vuzi@irthcommunications.com 
Tel: (866) 976-4784

Vuzix Corporation
25 Hendrix Road, Suite A
West Henrietta, NY 14586 USA
Investor Information – Grant Russell
IR@Vuzix.com
Tel: (585) 359-7562
www.vuzix.com

For further sales, and product information, please visit:

North America:
http://www.vuzix.com/contact/

Europe/UK:
https://www.vuzix.eu/contact/

Asia:
http://www.vuzix.jp/contact.html

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vuzix-announces-ntt-data-singapore-as-latest-to-join-its-vip-program-300379839.html

SOURCE Vuzix Corporation

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