Company near production ramp-up of iWear Video Headphones
ROCHESTER, N.Y., Aug. 10, 2015 -- Vuzix® Corporation (VUZI) , a leading supplier of Video Eyewear and Smart Glasses products in the consumer, enterprise, and entertainment markets, is pleased to announce the hiring of Brad Craig to head up developer relations activities. The position will directly support the commercial launch this fall of Vuzix iWear Video Headphones with Virtual Reality (VR) compatibility.
Brad will join Vuzix as the Director of Developer Relations. He has more than 25 years of hands-on experience in developing and enabling the supporting content ecosystem. He has the proven ability to work cross-functionally in both small companies and large complex global organizations within the technology sector. He has also been a key contributor in planning, building and launching cost effective, world-class products. Brad has launched key products for some of the industry's leading hardware and software companies, including Compaq, AMD, ATI, Future Publishing, Ingram Micro, Electronic Arts, Advanced Gravis, Forte Technologies and Razer. With every company, he has made significant contributions to revenue and developer community growth.
Brad has a vast network of industry contacts and enjoys the respect of the developer community. He has aided with product launches and evangelism efforts at AMD, ATI and Razer. He is also a well-known author and journalist, having served as editor of Boot Magazine (Maximum PC) and written for the hardware section of PC Gamer. Brad also is an advisor to the Open Gaming Alliance (OGA) and Gaming Business Review (GBR). He joins Vuzix from Razer, where he headed up developer relations efforts and served as an advisor to senior management.
"Brad is a consummate professional with immense knowledge of new product introductions, along with extensive relationships in the gaming industry," said Paul Travers, President and CEO of Vuzix. "Content is the key to customer satisfaction and sales, and Brad is already making an impact on the available content coming that will support the Vuzix iWear Video Headphones."
Brad Craig commented, "I am delighted to be working with and supporting Vuzix. The Virtual Reality market is just getting started and Vuzix iWear Video Headphones, along with some of the future product plans I have seen, should be exciting offerings for Vuzix customers."
The Company's award-winning iWear Video Headphones product is nearing production ramp-up. Final tooling adjustments and first engineering builds will be completed by the end of August. Volume production is expected to start several weeks thereafter, with shipments to Vuzix customers beginning in early October.
Vuzix iWear Video Headphones are the ultimate mobile video entertainment and gaming system, compatible with most devices supporting HDMI output. The iWear features dual HD displays and revolutionary nano optics that provide an experience equivalent to a 130" home television from 10' and allow the wearer to play games, interact with apps, and watch 2D, 3D and 360 degree VR movies. The product now includes integrated motion tracking, OSVR, Unity 3D, and Unreal gaming engine support, with a growing list of games and VR title support.
About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear and Smart Glasses products in the consumer, enterprise and entertainment 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 41 patents and 10 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 2014 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 the potential business impact of the hiring of Brad Craig on the Company's developer program, the status and launch of the iWear Video Headphones, among other things, and the Company's leadership in the Video Eyewear, VR 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.
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