Vuzix Corp. (VUZI) Says Nearing Production of M300 Smart Glasses

Late in July, Vuzix European partner Ubimax received the first early orders of Vuzix's M300 Smart Glasses. The M300 are the newest iteration of Vuzix wearable computing solutions that improved upon the M100 line of smart glasses of Vuzix. The M300 line includes the new Intel Atom driven Android 6 platform and other new features and upgrades, such as a touch pad, Sensory speech recognition engine, GPS, Bluetooth 4.0 and more.

As a preferred partner in the Vuzix Industrial Partner (VIP) developer program, Ubimax received and shared the M300 Smart Glasses with customers currently using the M100 technology, including shipping giant DHL and automaker Daimler, so users could become acclimated with the new technology before full-scale production. After a successful pilot program showed the operational benefits of the M100 series powered with Ubimax's X-Pick software, DHL recently announced global expansion of its vision picking pilot program, to include the M300 series, across the United States Europe and England.

Further broadening its enterprise footprint, Vuzix has added VIPs in the U.S. and abroad, giving other leaders and early adopters in the wearable computing industry access to M300 Smart Glasses. To date, the M300 has shipped to more than 50 VIPs, including NS Solutions Corporation, NTT DOCOMO, INC, XOEye Technologies, APX Labs, Ubimax, Pristine and AMA.

On Wednesday, Vuzix announced taking the next step towards production rollout of the M300. The company is now shipping initial DVT (Design Validation Test) units of the M300 Smart Glasses to select enterprise customers and VIP developers. This is the version of the glasses going through final certification on the path to commercial-scale launch, which is expected early in the fourth quarter.

This last round of evaluations allows Vuzix partners to stress test the finalized hardware and software, showcase the glasses to customers and demonstrate proof-of-concept to new client opportunities. Vuzix is also preparing to commence shipments directly to customers, including DHL, SAP, General Electric and Boeing so they can evaluate and prep for migration from existing technologies to the M300.

"Our VIPs are developing applications in most of the key enterprise markets for smart glasses," commented Paul J. Travers, President and CEO of Vuzix, in today's news. "Being the world's first second generation smart glasses, and having the advanced features set requested by our large installed base of M100 customers, sets the M300 apart from the competition," he added.

Interested parties are encouraged to learn more on Vuzix's (NASDAQ: VUZI) augmented reality and virtual reality technologies and to read the complete press release by visiting www.vuzix.com.

You May Also Be Interested In

• Ford (F) names Whirlpool's (WHR) Liz Door as new supply chain chief
• SS&C Technologies (SSNC) Shares Latest Updates to SS&C Blue Prism Intelligent Automation Platform
• SEC vs Coinbase (COIN) Legal Fight Could Bring Clarity To Crypto - TD Cowen