Blade meet Alexa. Alexa, Blade
SANTA MONICA, CA / ACCESSWIRE / January 9, 2018 / Once a small OTC company that never got much respect for standing on the leading edge of wearable display technology, Vuzix Corp. (VUZI) has grown into a multinational brand with a trophy case of awards and growing list of prominent partners looking to leverage its products and technology. The Vuzix name is now associated with the likes of DHL, Bosch, Airbus, Amazon and more. It seems like the tailwinds keep getting stronger for Vuzix, with 2017 ending with a flurry of news and 2018 starting off similarly as Vuzix showcases its latest products at the high-profile Consumer Electronics Show in Las Vegas from January 9-12.
Vuzix won't be alone showing-off its products. Partners like Texas Instruments and Powershelf will also be demonstrating applications with their technology.
Amongst its next-generation smart glasses and wearable augmented reality products on display will be the Vuzix Blade, which hauled in four International CES Innovation 2018 Awards. The areas of the accolades were diverse, enveloping Fitness, Sports and Biotech; Wireless Handset Accessories; Portable Media Players and Accessories as well as Computer Accessories.
Thanks to an IP estate of over 100 patents and patents pending, the company can trumpet bringing to market the world's sleekest and smallest pair of AR smart glasses ever developed by anyone, anywhere. The new Blade, weighing in at under 3 ounces, is the natural evolution of augmented reality and smart technology with a comprehensive list of features and capabilities as a hands-free extension of a smartphone. Indeed, the Oakley-style glasses, with their robust features, ease of use and connectivity to portable devices, may be as Vuzix CEO Paul Traverse puts it, the start of leaving your phone in your pocket.
At CES, the world will get to see another first by Vuzix as the Blade is unveiled as the first smart glasses powered by Amazon's Alexa. Vuzix says the glasses, which come with a $1,000 price tag, are initially targeting so-called "prosumers," like business customers and golfers, but will start coming down in price in the future.
As measured by a share price rally lately, investors are obviously excited about the latest product, the Alexa component and Blade heading to the consumer market next quarter. At the start of November, shares were as low as $4.55, but have since catapulted upward, including hitting $9.55 in intraday trading on Monday. That's the highest for the stock since September 8, 2016, when the all-time high was set for VUZI at $9.80.Online Media Group, Inc. is not registered with any financial or securities regulatory authority and holds no investment licenses and does not provide, nor claims to provide, investment advice. We are a publisher of original and third party news and information. This article is sponsored content and is neither an offer nor recommendation to buy, sell or hold any security. The views expressed are our own and not intended to be the basis for any investment decision. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that Online Media Group, Inc. received $1,333 in compensation from a third party for content creation, advertising and distribution services related to this material.
Contact:
Online Media Group, Inc.
[email protected]
SOURCE: Online Media Group, Inc.