ROCHESTER, New York, October 11, 2022 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or the “Company”), a leading provider of smart eyewear and augmented reality (AR) products and technology, announced today that it received and shipped against an order volume purchase of HongKe Technology Co., Ltd. (“HongKe”), a distributor based in Guangzhou, China.
HongKe is a resource integration and technical service provider that works in depth with major global partners to provide innovative and leading products and solutions for customers in various industries such as manufacturing, automotive, warehousing and logistics, medical communication , electronics and information. HongKe team has always been committed to the promotion and implementation of AR technology and the contribution of experience to adapt AR technology for better life, aiming at the digital transformation of industries and cost reduction as well as increase of efficiency. To date, HongKe has carried out more than 30 digital and AR projects, including remote expert guidance of OEM’s aftermarket department, remote training of OEM’s production lines, digital workflow guidance at factories, remote maintenance and diagnosis of ships, and intelligent surgery by experts in medical institutions.
“We are very excited to collaborate with Vuzix in the APAC region, further empowering our team to provide comprehensive AR solutions and custom projects for clients,” said Lashare Chen, CEO of HongKe. “Our team of experts has always been committed to the complete delivery and localized implementation of AR solutions. With the assistance of the Vuzix team, HongKe’s solution capabilities and service scope have been further expanded, which without doubt is very beneficial for users in the Pacific Asia region and the general improvement of the industry.
“We are delighted to be working with HongKe, a leading distributor in the Pacific Asia region, to help its clients gain competitive advantage within their respective vertical industries,” said Paul Traver, Chairman and CEO of Vuzix. “Importantly, the OS update we introduced earlier this year expanded the number of languages we support, including Mandarin, Cantonese and Korean as part of executing our APAC strategy, will be critical in supporting efforts of HongKe’s distribution and customer engagement in the high-demand regions they serve.”
About Vuzix Corporation
Vuzix is a leading provider of smart glasses and augmented reality (AR) products and technologies for the consumer and enterprise markets. The company’s products include personal displays and portable computing devices that offer users a high-quality portable viewing experience, provide solutions for mobility, portable displays and augmented reality. Vuzix holds 254 patents and pending patents and numerous intellectual property licenses in the field of Video Eyewear. The company has won the Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several awards for innovation in wireless technology, among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, New York, Oxford, United KingdomY tokyoJapan For more information, visit the Vuzix website, Twitter and Facebook pages.
About Hong Ke
HongKe Technology Co., Ltd. was founded in 1995 and is headquartered in Cantonthe economic and cultural center of the south Porcelain. We currently have more than 10 branches in major cities in the APAC region, including Carry off, beijing, Taiwan, Hong KongSilicon Valley, and offices in Xi’an Y Chengdu. We are a high-tech company having in-depth technical cooperation with the world’s leading companies, focusing on automation and digitization of industry and manufacturing, automotive R&D testing and aftermarket, AR, the middle medical and industrial environment and transportation monitoring, biological technology, electronic testing, photoelectric technology, satellite and radio communications, network visualization, cloud technology and other fields. We are committed to providing innovative comprehensive hardware and software solutions as well as high-quality technical services for industry customers to help increase our customers’ development. For more information, visit the Hongke website.
Disclaimer of Forward-Looking Statements
Certain statements contained in this press release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. The forward-looking statements contained in this release relate to Vuzix smart glasses, our business relationship and future opportunities with HongKe and its customers, and among other things, the company’s leadership in the smart glasses and AR displays 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 on the Company’s beliefs and assumptions as of the date of this release. The Company’s actual results could differ materially due to the 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. United States 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 changes in events or circumstances that occur after the date of this release, except as required by applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregorDirector of Investor Relations,
Phone: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, New York 14586 United States,
Investor Information – [email protected] www.vuzix.com
SOURCE Vuzix Corporation