Telecom Customer Demand for Vuzix Smart Glasses Running on 4G and 5G Networks Continues to Steadily Expand
Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Company continues to see growing smart glasses demand within the telecom service provider vertical as more devices take advantage of 4G and 5G networks to provide low latency remote support. Over the last 60 days, Vuzix has received a collective mid-six figure orders placed by several customers for such use.
Remote support over provider 4G and 5G networks using Vuzix smart glasses can enhance collaborations, increase productivity, streamline workflows, and improve customer satisfaction. They can connect workers on their plant floor or in the field with moment-of-need support from experts across the cellular network, including relevant work instructions and diagnostic assistance. Live video streaming means remote experts can see exactly what the smart glasses wearer is seeing in real time, record it and allow others to augment the wearer's view with overlays and assistive tools. For telecom service providers, significant opportunities exist for both internal and external customer use.
"Smart glasses use within the wireless carrier vertical of enterprise is picking up steam as we've seen growing customer orders for remote support using 4G and 5G networks," said Paul Travers, President and CEO of Vuzix. "We are dealing with many of the largest telecom companies in the world at this point and these continuing orders represent the tip of the iceberg in this vertical going forward. From our rugged M-Series smart glasses to our growing family of waveguide-based see-through smart glasses including our recently introduced Ultralite, no company in the world can offer customers a more competitive selection of wearable high-performance devices than Vuzix.""