- TeleVU and Ohana One demonstrating
Vuzix AR smart glasses at AIMed Global Summit this week
ROCHESTER, N.Y., June 7, 2023
/PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix"
or, the "Company"), a leading supplier of Smart Glasses and
Augmented Reality (AR) technology and products, today highlights
the potential and expanding use of Vuzix smart glasses within
healthcare using AI applications. Separately, the Company announced
that its M400 smart glasses are being demoed by partners Ohana One
and TeleVU at the AIMed Global Summit being held this week in
San Diego, CA.
As the de-facto hardware component in a variety of innovative
new healthcare applications, Vuzix is providing a platform for
companies like TeleVU to develop AI-based applications for
healthcare for use on smart glasses in a multitude of game-changing
medical use cases. These include simple security/privacy measures
such as a blurring algorithm, which can selectively blur the faces
of anyone who has not consented to be pictured, thereby allowing
physicians to broadcast or share surgeries while maintaining
requested patient privacy and confidentiality. In wound care, AI
can be used to identify the perimeter of the wound, which can then
be used to calculate the surface area of the damage, as physicians
measure healing by the size of surface area. These calculations are
accurate and standardized, not relying on the physician's viewing
angle or the estimation to manually calculate it. On the imaging
side, AI -enabled smart glasses can assist in the identification of
key body organs on x-rays. AR smart glasses using AI can automate
all these and many other processes.
"The combination of AR and AI have the potential to
revolutionize the healthcare industry," said Paul Travers, President and CEO of Vuzix.
"Applications such as those being developed by TeleVU and
implemented by healthcare innovators like Ohana One can make
patient treatment simpler, faster and more accurate. Vuzix is proud
to be a supplier to such a critical element in the future of
medical practice."
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 300 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2023 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; Munich,
Germany; and Kyoto and
Tokyo, Japan. For more
information, visit the Vuzix website, Twitter and
Facebook pages.
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 Vuzix smart glasses, our business relationship and future
opportunities with Ohana One and TeleVU and the users of their
solutions and applications, and among other things the Company's
leadership in the Smart Glasses 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.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor
Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com
www.vuzix.com
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SOURCE Vuzix Corporation