Vuzix Live Streaming Demonstration Interfacing to RICOH THETA S to Be Showcased at CES 2016

Press Releases |

iWear Video Headphones now Supporting RICOH Live Streaming Immersive 360 degree Videos and AsukaLab's Player

ROCHESTER, N.Y., Dec. 23, 2015 -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of video eyewear and smart glasses products in the consumer, enterprise and entertainment markets, is pleased to announce that the company will showcase its iWear Video Headphones at the CES 2016 Show, to be held in Las Vegas from January 6-9, 2016.

Visitors to the Vuzix stand will have the opportunity to review all of the Company's latest and new wearable technology, including the iWear Video Headphones, enabled with Vuzix' partner AsukaLab's AsukaVision system for iWear Video Headphones. This innovative system is able to display the 360 degree images and videos taken by the new RICOH THETA S and allow users to look around inside them as if they were there, which is the first such app of its kind (to see live streaming on AsukaVision with iWear, please click here). The iWear and RICOH THETA S will be shown at CES alongside the Vuzix iWear Wireless. Both the iWear Wireless and the RICOH THETA S won CES 2016 Best of Innovations awards. Vuzix' iWear Wireless won in the Gaming and Virtual Reality category. The RICOH THETA S won in the Digital Imaging category.

The 360 degree images and videos are being provided for CES 2016 courtesy of RICOH and their RICOH THETA S 360 degree camera. The multi-platform virtual reality (VR) compatible Vuzix iWear Video Headphones are the ideal personal portable video entertainment and gaming system and winner of four CES 2015 awards. The Vuzix stand will be at located at Booth 14048 – LVCC, Central Hall.

"We are excited to deliver one of the best consumer entertainment and gaming experiences available, and are excited to have partners now offering compelling interactive and immersive 360 degree videos," said Paul Travers, President and Chief Executive Officer of Vuzix. "We look forward to attending CES 2016, a venue where people come to see the most innovative consumer technology on the market."

About iWear Video Headphones

Winner of four CES 2015 awards, the iWear Video Headphones are the ultimate mobile video entertainment and gaming system and compatible with most HDMI sources. It has integrated motion tracking, OSVR, Unity 3D, and Unreal gaming engine support with a growing list of games and VR title support. The iWear features dual HD Displays and revolutionary nano-optics that provide the equivalent experience of a 125" home television from 10 feet and allow the wearer to play games, interact with apps, watch 2D, 3D and 360 degreeVR movies and even fly drones. iWear is completely portable and battery-driven so that the user can enjoy it at home or on-the-go and it delivers a one-of-a-kind experience. iWear Video Headphones are available for purchase on the Vuzix website and also at Amazon.com.

About Vuzix Corporation

Vuzix is a leading supplier of Video Eyewear and Smart Glasses products in the consumer, commercial 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 12 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 2015 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Greater 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 success of new 360 degree video stream solution, CES 2016, and among other things 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.

For further information:

Media and Investor Relations Contact:

Andrew Haag
Managing Partner
IRTH Communications
vuzi@irthcommunications.com
Tel: (866) 976-4784

Vuzix Corporation
25 Hendrix Road, Suite A
West Henrietta, NY 14586 USA
Investor Information – Grant Russell
IR@Vuzix.com
Tel: (585) 359-7562
www.vuzix.com

For further sales, and product information, please visit:

North America:
http://www.vuzix.com/contact/

Europe/UK:
http://www.vuzix.eu/contact/

Asia:
http://www.vuzix.jp/contact.html

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
VUZI Vuzix Corporation 7.30 -0.20 -2.67 394,500

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