Vuzix Issues Letter to Shareholders

                     Vuzix Issues Letter to Shareholders

PR Newswire

ROCHESTER, N.Y., Oct. 17, 2013

ROCHESTER, N.Y., Oct.17, 2013 /PRNewswire/ --Vuzix Corporation (OTC:QB:
VUZI), a leading supplier of Video Eyewear and Smart Glasses products in the
consumer, commercial and entertainment markets, announced today that it has
issued a Letter to Shareholders.

(Logo: http://photos.prnewswire.com/prnh/20130516/NY15123LOGO )

Highlights of the letter include:

  oUpcoming product releases including Vuzix' highly-anticipated, award
    winning smart glasses Vuzix M100, the M2000AR monocular for industrial
    applications, and new Wrap Video Eyewear products
  oRecap of media coverage featuring Vuzix in Forbes, Wired, Scientific
    American, and USA Today andfavorable industry trends in wearable tech
    including market opportunity
  oEnthusiastic reception of M100 in Japan at NTT Docomo CEATEC where people
    waited as long as 90 minutes to experience the M100
  oImproved distribution and sales channels expanded into 50 countries
  oGrowing patent portfolio now includes 48 patents issued and pending
    worldwide
  oRecent capital raise of $8 million and strengthened balance sheet

To read the Letter to Shareholders in full, please visit:
http://www.vuzix.com/corporate/presentations.html

About Vuzix Corporation
Vuzix is a leading supplier of Video Eyewear products in the consumer,
commercial and entertainment markets. The Company's products include personal
displays and wearable computing devices that offer users a portable high
quality viewing experience, provide solutions for mobility, wearable displays
and virtual and augmented reality. Vuzix holds 33 patents and 15 additional
patents pending and numerous IP licenses in the Video Eyewear field. The
Company has won Consumer Electronics Show (or CES) awards for innovation for
the years 2005 to 2013 and several wireless technology innovation awards,
among others. Founded in 1997, Vuzix is a public company (VUZI) with offices
in Rochester, NY, Oxford, UK and Tokyo, Japan.

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 and include the completion of the M100 Smart
Glasses, M2000AR and Wrap Video Eyewear for volume manufacturing, distribution
channel product demand, future business and development work, the value of the
IP portfolio, among other things, and the Company's leadership in the Video
Eyewear 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.

For further investor and media information contact:
Andrew Haag
Managing Partner
IRTH Communications
vuzi@irthcommunications.com
1-866-976-IRTH (4784)
or IR@Vuzix.com or 585-359-7562

SOURCE Vuzix Corporation

Website: http://www.vuzix.com
 
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