Vuzix Begins Supplying Custom AR Glasses to Xander to Meet Demand for Captioning Solution for Hearing Loss
Rhea-AI Summary
Vuzix (NASDAQ: VUZI) has begun shipping a new order of XanderGlasses, a private label version of Vuzix Shield™ smart glasses, developed with Xander™. These specialized AR glasses are designed to assist the 48 million Americans with hearing loss by displaying real-time captions of in-person conversations in the wearer's field of view.
The XanderGlasses feature:
- Standalone operation without smartphone or internet requirements
- Single-button operation for user-friendly experience
- Built-in closed captioning functionality
- Safety-rated lenses with UV protection
- Compatibility across various environments including home, work, and public spaces
Positive
- New order shipments indicate growing market demand
- Expansion of product line through private label partnership
- Access to large addressable market of 48 million potential users in US
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, VUZI gained 3.75%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
XanderGlasses are built to help the 48 million people in the
"Powered by the Vuzix Shield, XanderGlasses have been in market for over a year, deeply impacting the lives of people with severe to profound hearing loss," said Alex Westner, Co-Founder and CEO of Xander. "We're excited to take this next step in our partnership with Vuzix to private label XanderGlasses and optimize them for our customers as we continue to grow.
"Xander continues to innovate with purpose, and we're proud that Vuzix Shield smart glasses serve as the foundation for this important solution," said Paul Travers, President and CEO of Vuzix. "As demand for XanderGlasses grows, we're excited to support their team in scaling delivery and impact."
XanderGlasses feature built-in closed captioning and have safety-rated lenses with UV protection and are shipping to customers across the
For more information or to learn how to order, visit: www.xanderglasses.com
About Xander
Xander is a
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 425 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in:
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 Vuzix Smart Glasses, our business relationship, future business orders and opportunities with Xander and its customers, and among other things the Company's leadership in the Smart Glasses 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.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road,
Investor Information – IR@vuzix.com www.vuzix.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/vuzix-begins-supplying-custom-ar-glasses-to-xander-to-meet-demand-for-captioning-solution-for-hearing-loss-302434652.html
SOURCE Vuzix Corporation