ROCHESTER, N.Y., Aug. 3, 2016 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), 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 it is assisting people in the low vision and blind community with M100 Smart Glasses especially enabled with CyberTimez visual aid software. CyberTimez focuses on automating the Internet of Things (ioT) using wearable devices such as smart glasses and watches. CyberTimez technology aids people by magnifying and reading text using Cyber Eyez, an application that has the ability to enable low vision and blind users to magnify anything in their environment up to 15 times. The application can also read text in over 100 languages without a connection to the internet. In addition to Cyber Eyez, several other vision adding applications are pre-installed on the Vuzix M100 including email, calendar and maps, among others, are helping the low vision and blind community, which has also had great success using the M100 audio recorder and bar code scanning apps, as well.
Leveraging funding provided by the DC Center for Independent Living (DCCIL), starting this month, Vuzix and CyberTimez will begin to equip 18 local area residents with M100 Smart Glasses to help improve their mobility and enable them to read text. Last month, CyberTimez also showcased the M100 enabled with its technology at the Veterans Administration (VA) Medical Center in Washington, DC.
"This is just one instance of how Vuzix technology is helping people of all kinds improve their lives," said Paul Travers, President and Chief Executive Officer at Vuzix. "We believe that technology can enhance and improve the lives of many people and we are proud to be able to contribute in this way."
"We are very excited about how we can assist people in the low vision and blind communities," commented Sean Tibbetts, Chief Executive Officer and Co-Founder of CyberTimez. "With our software, the M100 is enhancing people's lives, enabling people to resume their daily tasks and regain their independence."
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 43 patents and 23 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 market acceptance, effectiveness and success of the M100 running CyberTimez vision assist applications, among other things, the Company's leadership in the Smart Glasses, VR and AR 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.
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SOURCE Vuzix Corporation
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