{"id":404581,"date":"2020-12-22T09:53:25","date_gmt":"2020-12-22T14:53:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404581"},"modified":"2020-12-22T09:53:25","modified_gmt":"2020-12-22T14:53:25","slug":"vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/","title":{"rendered":"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ROCHESTER, N.Y.<\/span>, <span class=\"xn-chron\">Dec. 22, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=2596663438&amp;u=http%3A%2F%2Fwww.vuzix.com%2Fhome%2F&amp;a=Vuzix%C2%AE+Corporation\" rel=\"nofollow noopener noreferrer\">Vuzix\u00ae Corporation<\/a>\u00a0(NASDAQ: VUZI), (&#8220;Vuzix&#8221; or, the &#8220;Company&#8221;), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company has entered into a supply agreement for ongoing business with one of the largest general merchandise retailers in <span class=\"xn-location\">the United States<\/span>, as well as received an initial deployment order for M400 Smart Glasses that has already shipped and will generate low six-figure revenue during the Company&#8217;s current quarter. The Vuzix M400 Smart Glasses are being used by this Fortune 100 customer to perform remote fulfillment center training for its employees.\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1390852\/M400.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1390852\/M400.jpg\" title=\"Vuzix M400\" alt=\"Vuzix M400\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;The Vuzix M400 Smart Glasses are being put to work to solve business problems by our customer base.\u00a0This general merchandise retailer is another example of a customer that has moved very quickly from pilot to first levels of deployment to better support its business operations and employees in its day-to-day activities,&#8221; said <span class=\"xn-person\">Paul Travers<\/span>, President and CEO of Vuzix.<\/p>\n<p>\n        <b>About Vuzix Corporation <\/b>\n      <\/p>\n<p>Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company&#8217;s products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 179 patents and 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 2020 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in <span class=\"xn-location\">Rochester, NY<\/span>, <span class=\"xn-location\">Oxford, UK<\/span>, and <span class=\"xn-location\">Tokyo<\/span>, Japan.\u00a0For more information, visit Vuzix\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=3204254876&amp;u=https%3A%2F%2Fwww.vuzix.com%2F&amp;a=website\" rel=\"nofollow noopener noreferrer\">website<\/a>,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=4020586705&amp;u=https%3A%2F%2Ftwitter.com%2FVuzix&amp;a=Twitter\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>\u00a0and\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=589075907&amp;u=https%3A%2F%2Fwww.facebook.com%2FVuzix%2F&amp;a=Facebook\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>\u00a0pages.<\/p>\n<p>\n        <b>Forward-Looking Statements Disclaimer<\/b>\n      <\/p>\n<p>Certain statements contained in this news release are &#8220;forward-looking statements&#8221; 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 Vuzix&#8217; the potential of future business growth with this general merchandiser, the success of their implementation, and among other things the Company&#8217;s leadership in the Smart Glasses and AR display industry. They are generally identified by words such as &#8220;believes,&#8221; &#8220;may,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;should&#8221; and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company&#8217;s beliefs and assumptions as of the date of this release. The Company&#8217;s actual results could differ materially due to risk factors and other items described in more detail in the &#8220;Risk Factors&#8221; section of the Company&#8217;s Annual Reports and MD&amp;A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=316410330&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a> or <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020668-1&amp;h=3208885836&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>). 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.<\/p>\n<p>\n        <b>Media and Investor Relations Contact:<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Ed McGregor<\/span>, Director of Investor Relations, Vuzix Corporation <a href=\"mailto:ed_mcgregor@vuzix.com\" rel=\"nofollow\">ed_mcgregor@vuzix.com<\/a> Tel: (585) 359-5985 <\/p>\n<p>Vuzix Corporation, 25 Hendrix Road, Suite A, <span class=\"xn-location\">West Henrietta, NY<\/span> 14586 USA, <br \/>Investor Information \u2013 <a href=\"mailto:IR@vuzix.com\" rel=\"nofollow\">IR@vuzix.com<\/a><a href=\"http:\/\/www.vuzix.com\" rel=\"nofollow\">www.vuzix.com<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/678111\/Vuzix_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/678111\/Vuzix_Corporation_Logo.jpg\" title=\"(PRNewsfoto\/Vuzix Corporation)\" alt=\"(PRNewsfoto\/Vuzix Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY31843&amp;sd=2020-12-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/vuzix-enters-into-an-agreement-with-a-leading-us-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses-301197585.html\">http:\/\/www.prnewswire.com\/news-releases\/vuzix-enters-into-an-agreement-with-a-leading-us-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses-301197585.html<\/a><\/p>\n<p>SOURCE  Vuzix Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY31843&amp;Transmission_Id=202012220950PR_NEWS_USPR_____NY31843&amp;DateId=20201222\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROCHESTER, N.Y., Dec. 22, 2020 \/PRNewswire\/ &#8212;\u00a0Vuzix\u00ae Corporation\u00a0(NASDAQ: VUZI), (&#8220;Vuzix&#8221; or, the &#8220;Company&#8221;), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company has entered into a supply agreement for ongoing business with one of the largest general merchandise retailers in the United States, as well as received an initial deployment order for M400 Smart Glasses that has already shipped and will generate low six-figure revenue during the Company&#8217;s current quarter. The Vuzix M400 Smart Glasses are being used by this Fortune 100 customer to perform remote fulfillment center training for its employees.\u00a0 &#8220;The Vuzix M400 Smart Glasses are being put to work to solve business problems by our customer base.\u00a0This &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404581","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ROCHESTER, N.Y., Dec. 22, 2020 \/PRNewswire\/ &#8212;\u00a0Vuzix\u00ae Corporation\u00a0(NASDAQ: VUZI), (&#8220;Vuzix&#8221; or, the &#8220;Company&#8221;), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company has entered into a supply agreement for ongoing business with one of the largest general merchandise retailers in the United States, as well as received an initial deployment order for M400 Smart Glasses that has already shipped and will generate low six-figure revenue during the Company&#8217;s current quarter. The Vuzix M400 Smart Glasses are being used by this Fortune 100 customer to perform remote fulfillment center training for its employees.\u00a0 &#8220;The Vuzix M400 Smart Glasses are being put to work to solve business problems by our customer base.\u00a0This &hellip; Continue reading &quot;Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T14:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1390852\/M400.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses\",\"datePublished\":\"2020-12-22T14:53:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/\"},\"wordCount\":575,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1390852\\\/M400.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\\\/\",\"name\":\"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/","og_locale":"en_US","og_type":"article","og_title":"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses - Market Newsdesk","og_description":"PR Newswire ROCHESTER, N.Y., Dec. 22, 2020 \/PRNewswire\/ &#8212;\u00a0Vuzix\u00ae Corporation\u00a0(NASDAQ: VUZI), (&#8220;Vuzix&#8221; or, the &#8220;Company&#8221;), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company has entered into a supply agreement for ongoing business with one of the largest general merchandise retailers in the United States, as well as received an initial deployment order for M400 Smart Glasses that has already shipped and will generate low six-figure revenue during the Company&#8217;s current quarter. The Vuzix M400 Smart Glasses are being used by this Fortune 100 customer to perform remote fulfillment center training for its employees.\u00a0 &#8220;The Vuzix M400 Smart Glasses are being put to work to solve business problems by our customer base.\u00a0This &hellip; Continue reading \"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T14:53:25+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1390852\/M400.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses","datePublished":"2020-12-22T14:53:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/"},"wordCount":575,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1390852\/M400.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vuzix-enters-into-an-agreement-with-a-leading-u-s-general-merchandise-retailer-and-receives-an-initial-deployment-order-for-m400-smart-glasses\/","name":"Vuzix Enters into an Agreement with a Leading U.S. General Merchandise Retailer and Receives an Initial Deployment Order for M400 Smart Glasses - 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