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The Founder and CEO of Vuzix Discusses Some Developments and Trends in Wearable Technology
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(64 seconds)
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(OPEN):
WEDNESDAY-MORNING [JANUARY
28TH], NASDAQ'S "OPENING BELL" WAS RUNG BY PAUL
TRAVERS--THE FOUNDER AND C-E-O OF VUZIX CORPORATION [AS IN
"VIEW" AND "MUSIC"]--WHICH MAKES "SMART
GLASSES" AND VIDEO-EYEWEAR PRODUCTS. HE SAYS THAT THE COMPANY'S MOVE TO NASDAQ HELPS TO ILLUSTRATE BOTH RECENT DEVELOPMENTS AND LIKELY TRENDS IN WEARABLE
TECHNOLOGY...
(TRAVERS):
"IT'S PROJECTED THAT
'SMART GLASSES' WILL SOON REPRESENT A 15-BILLION-DOLLAR-A-YEAR MARKET.
AT VUZIX, WE BELIEVE THAT THE ENTERPRISE-MARKET FOR WEARABLES WILL LEAD THE WAY,
INITIALLY--MUCH LIKE IT DID FOR TABLETS AND SMARTPHONES. THAT'S BECAUSE, RIGHT NOW, THIS
IS A BETTER FIT FOR BUSINESS THAN [FOR] THE AVERAGE CONSUMER.
ULTIMATELY, A TRUE EYEGLASS-FORM WILL BE NEEDED, TO GAIN GENERAL CONSUMER-ACCEPTANCE OF
'SMART GLASSES'. AND, THAT'S SOMETHING THAT WE HOPE TO COME OUT WITH, AS WELL:
OUR PROPRIETARY TECHNOLOGY WILL ALLOW VUZIX TO INTRODUCE--LATER THIS
YEAR--THE FIRST 'SMART GLASSES' THAT LOOK AND FEEL LIKE REGULAR FASHION-SUNGLASSES.
WHAT'S MORE, INTEL CORPORATION'S RECENT STRATEGIC-INVESTMENT IN VUZIX IS HELPING TO MAKE ALL OF THIS HAPPEN."
(CLOSE):
TO LEARN MORE, VISIT "VUZIX"-DOT-COM;
THAT'S "V-U-Z-I-X"-DOT-COM.
