Vuzix Corporation (VUZI)

[sundancer-ch]

Small Cap IR

VUZI Investor Update
Published December 1, 2014
Vuzix, Corp. (OTCQB: VUZI) FULL REPORT
In anticipation for the holiday season, a special prosumer version of Vuzix’s M100 Smart Glasses will initially be exclusively available on Amazon.com. Vuzix’ M100 Smart Glasses are available for purchase through Amazon’s Wearable Technology store.

The M100 Smart Glasses include custom eyeglass frames made for the M100 by Rochester Optical, an accessory battery and a premium leather carrying case. The eyeglasses can be upgraded to match the user’s prescription at one of the more than 13,000 optical partner stores of Rochester Optical.

The M100 Smart Glasses is a cutting-edge hands-free wearable computing device that pairs with a user’s smartphone or available WiFi connection, offering text, video, email, mapping, and augmented reality through its personal display and computing system. The Vuzix M100 contains a virtual display with integrated camera for videos and snapshots. Running an Android OS the voice and hand gesture controlled M100 is designed to run applications in standalone operation or when connected to the internet, and works with thousands of existing applications with many more native applications in development.

Operational Highlights:

Began shipments of its Lenovo co-branded M100 Smart Glasses into China for delivery to Lenovo.

Recently received a China CQC certification that allows for sale to end customers in China by Lenovo.

Announced “OS 2.0? software update for its award winning M100 Smart Glasses; OS 2.0 offers a new intuitive user interface including integrated Nuance voice control and a plethora of new improvements and features.

Completed upgrade to Rochester facilities, accelerating development and manufacturing of Waveguide technology and equipment for new generation Smart Glasses products.

Partnered with Rochester Optical to provide fashion frames and prescription optimized lenses for enhanced clarity for the M100 Smart Glasses.

Joined Salesforce Wear initiative, creating the first ecosystem dedicated to accelerating the adoption of wearables in the enterprise.

Showcased M100 Smart Glasses at a series of AT&T Developer Programs in the US and at NTT DOCOMO events in Japan to create visibility for products.

CEO Paul Travers Featured on Fox Business’ Opening Bell With Maria Bartiromo.

A decade ago we wondered what advances would be forthcoming in the tech industry and some speculated that computer screens could be viewed though eyeglasses. Vuzix is bringing the future to us today.

Read this product review found on Amazon.com:

I take these with me to play my Xbox and DVD movies while on deployments to Iraq and Afghanistan. I can watch a movie or play my games without disturbing the rest of the guys in the “hooch”. The screen isn’t spectacular, but hey, they are like 1 inch by 1 inch, so what do you expect? Overall, really, really cool gadget and I think well worth the price for privacy and courtesy to others around you.

VUZI is probably worth the investment, with its share price where it is now based on the product it currently markets. Their venture into the Chinese market is a possible huge source of revenue growth and who knows what product Vizux will come up with next. I am long on these shares.

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