Vuzix and metaio Partner to Deliver Augmented Reality Solutions to Customers
12 4월 2011 - 9:00PM
Marketwired
Vuzix Corporation (TSX-V: VZX) (OTCBB: VUZI)
(FRANKFURT: V7X)
("Vuzix" or, the "Company"),
today announced that it has formed a marketing and development
partnership with metaio, the leader in the field of professional
Augmented Reality (AR) software systems, to deliver head mounted
display (HMD) solutions for their customers. The two companies will
work together to identify and deliver customer solutions that
require both metaio's AR software capability and Vuzix's line of
AR-enabled Video Eyewear.
Paul Travers, President of Vuzix, commented, "Both metaio and
Vuzix are leaders in and at the forefront of AR markets with highly
complementary offerings. With Vuzix providing its award winning
Video Eyewear products and engineering services and metaio
providing its leading software platforms and software engineering
capability, we believe that together we can better address this
rapidly emerging market need."
metaio and Vuzix have identified a number of common customers
that require integrated hands-free HMD solutions for applications
such as marketing and advertising, assembly, maintenance, on-site
and on the factory floor problem solving, training and education
and entertainment. On a non-exclusive basis, the two companies will
work with each other to assist customers in developing and
delivering such solutions.
Added Roman Hasenbeck, Director Business Development, metaio
Inc., "Our company has provided AR software for over 8 years and
Vuzix is the first company to deliver a complete line of AR-enabled
Video Eyewear, which includes both digital and optical see-through
glasses that are high resolution and easy to wear. These are
essential features for our customers. We believe that with Vuzix,
we will finally be able to satisfy the needs of our many customers
and partners for a hands-free solution."
As part of the new relationship each will become members of the
respective company's Premier Developer Partner network. metaio's
Unifeye® software suite is compatible with Vuzix's most recent
software development kit (SDK) and being a part of each other's
partner network will entitle each company to previews and advance
release product to ensure seamless integration on future releases.
Vuzix will also attend metaio's InsideAR 2011 Fair to be held
September 26 to 27, 2011 in Munich, Germany.
Forward-Looking Statements Disclaimer
Certain statements contained in this 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, among other things, new opportunities from the partnership, the
Company's ability to capitalize on new opportunities and the
Company's leadership in the Video Eyewear industry. They are
generally identified by words such as "plans," "seeks," "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 the timing of new product
launches; delays in both hardware and software product development;
and dependence on third parties for certain key components and
other software deliverables. These risk factors and others are
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.
About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear products in the
defense, consumer and media & entertainment markets. The
Company's products, personal display devices that offer users a
portable high quality viewing experience, provide solutions for
mobility, thermal sighting systems, tactical wearable displays and
Virtual and Augmented Reality. With its origins in defense research
and development for next generation display solutions, Vuzix holds
over 51 patents in the Video Eyewear field. The Company has won 9
Consumer Electronics Show Innovations Awards, the Retail Vision
Best New Product and several wireless technology innovation awards,
among others. Founded in 1997, Vuzi is a public company (TSX-V:
VZX) (OTCBB: VUZI) (FRANKFURT: V7X) with offices in Rochester, NY,
Oxford, UK and Tokyo, Japan. For more information visit
www.vuzix.com.
About metaio
As the worldwide leader in Augmented Reality technology, metaio
develops software products for visual interactive solutions between
the real and the virtual world. Based on the software platform
Unifeye, 3D-animations can be integrated seamlessly into live-video
streams respectively into pictures of the user's real environment.
Founded in February 2003, metaio currently employs 70+ people at
three different locations. The company is headquartered in Munich
with the subsidiaries metaio Inc. located in San Francisco USA and
metaio Asia in Seoul. metaio has been working with more than 450
renowned customers from different industries and geographical
locations. Among them: BMW, Daimler, Siemens, Toyota, Peugeot,
EADS, Bertelsmann, KUKA, LEGO, MINI, Popular Science, Focus
Features and Volkswagen. For more information visit
www.metaio.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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For further information, please contact: Charlotte Walker
VP Corporation Communications Email Contact 75 Town Centre Dr.,
Rochester, NY USA Tel: +1 (585) 359-5910 Jan Schlink Corporate
Communications Email Contact Tel: +49 (0)89/ 5480-198-14
Vuzix Corporation (TSXV:VZX)
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