New manufacturing process enables higher
yields, increased optical performance and the use of high index
polymer or glass substrates
ROCHESTER, N.Y., Aug. 13,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, is
pleased to announce that it has developed a new micro-touch
manufacturing technique within its optical waveguide fabrication
processes, an advancement that will allow for better optical
performance, higher yields and greater unit production rates in
general.
Micro-touch imprinting will boost waveguide
production rates at Vuzix' state-of-the-art facility
At Vuzix' state-of-the-art waveguide manufacturing facility, the
production of waveguides is a complex multi-step process performed
in class 1000 clean room environments using highly customized
equipment designed to support the exacting requirements needed to
produce in volume the high-quality waveguides required for imaging
purposes in smart glasses. Over the past 14 years, Vuzix has
continued to enhance its waveguide manufacturing capabilities
through its development and use of new equipment and processes to
improve yields, add features, increase performance, and boost
production rates. The recent introduction of micro-touch
manufacturing techniques during the waveguide imprinting process
not only improves yield by reducing the forces that can distort
substrates during the imprinting process, but also allows for the
introduction of more fragile substrates such as polymers or thinner
glass.
"It is generally well known today that the high-volume low-cost
production of waveguides is one of the major challenges to bringing
affordable AR smart glasses with see-through displays to the
broader markets," said Paul Travers,
President and Chief Executive Officer at Vuzix. "More and more
leading firms, such as Garmin and Quanta, as well as many other
customers currently in discussions with us, see Vuzix as the go-to
supplier of this key component. The addition of innovative process
developments at Vuzix like these will help support production rates
in the millions of units annually, as well as further differentiate
our competitive capabilities."
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 375 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2024 and several wireless technology innovation
awards among others. Founded in 1997, Vuzix is a public company
(NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto 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 waveguides, its new manufacturing processes, their
benefits, costing, and future production capacities, 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
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SOURCE Vuzix Corporation