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press release

Jan. 3, 2022, 2:15 p.m. EST

Vuzix and TeamViewer to Jointly Demonstrate Frontline AR Platform for Connected Workers at CES 2022

- Powerful integrated platform increases productivity and improves safety for frontline workers within retail, logistics, manufacturing and the supply chain

ROCHESTER, N.Y., Jan. 3, 2022 /PRNewswire/ -- Vuzix® Corporation   /zigman2/quotes/205105106/composite VUZI +10.93% , ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced it would jointly demonstrate TeamViewer Frontline, an AR platform, with TeamViewer at CES 2022 in Las Vegas this week. The pairing of TeamViewer Frontline with Vuzix smart glasses, known across industry verticals for offering the optimal combination of all-day comfort and performance, means many more organizations throughout the value chain can now deliver on the promise of a truly connected workforce. The Company continues to expand its partnership with TeamViewer to focus on jointly developing strategic accounts across select verticals including retail, logistics and manufacturing.

As the world's first and fully integrated enterprise platform for the frontline worker, TeamViewer Frontline creates a truly connected workforce that is more productive and satisfied due to hands-free working and better ergonomics. Increasing the productivity of frontline production workers with workflows and immediate remote support tools creates massive potential for cost savings. Decreasing the error rates in logistics, production, and assembly processes boosts quality, reduces complaints, and increases the overall ROI. With a set of pre-configured components, Frontline users can access more advanced workflow features including speech-to-text, IoT sensor integration, video calls, document viewers for PDF files, and many more.

"Vuzix is an industry leader that fields a competitive family of smart glasses and we are proud to have them support Frontline," said Hendrik Witt, Chief Product Officer of TeamViewer. "Frontline is a fully integrated productivity solution platform that can leverage the performance and video streaming capabilities of Vuzix smart glasses to the fullest. We look forward to further strengthening our relationship with Vuzix in 2022 and beyond as we collaborate on capitalizing on significant deployment opportunities across numerous geographies and industry verticals." 

"The combination of TeamViewer Frontline and Vuzix smart glasses brings together best-of-breed hardware and software to provide frontline workers with an optimum solution that lets them work safer, more accurately and more efficiently," said Paul Travers, President and CEO of Vuzix. "We are already working with TeamViewer on numerous customer engagements around the world and look forward to increasing the depth and breadth of Vuzix smart glasses deployments with their solutions moving forward."

Vuzix and TeamViewer will jointly demonstrate Frontline running on Vuzix smart glasses at CES 2022 this week at the Vuzix booth (#17075) located in the Central Hall of the Las Vegas Convention Center.

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 243 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 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company /zigman2/quotes/205105106/composite VUZI +10.93% with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan.  For more information, visit the 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 Smart Glasses, our business relationship and future opportunities with TeamViewer and its customers, 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.

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

 

Cision
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SOURCE Vuzix Corporation

COMTEX_399988183/2454/2022-01-03T14:15:11

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/zigman2/quotes/205105106/composite
US : U.S.: Nasdaq
$ 6.29
+0.62 +10.93%
Volume: 1.90M
May 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$361.00 million
Rev. per Employee
$110,874
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/zigman2/quotes/205105106/composite
US : U.S.: Nasdaq
$ 6.29
+0.62 +10.93%
Volume: 1.90M
May 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$361.00 million
Rev. per Employee
$110,874
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