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| Promoter: | Small Cap Leader | Paying Party: | No Third Party |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| VUZI | $15000 | 13044707 |
| Max Profit: 16.62 % | Gain at close: 15.94 % |
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New Alert: Vuzix Corporation (Nasdaq: VUZI)
https://www.vuzix.com/
Last Close: $7.19
Good Morning!
Vuzix Corporation(VUZI) is our new Nasdaq Alert that we believe has very strong potential for upside. VUZI is an award winning, leading developer of Smart Glasses and Video Eyewear products in the consumer, enterprise, and industrial markets.
Key Stats:
VUZI's products include personal display devices that offer users a high quality portable viewing experience. These mobile devices provide solutions for wearable displays, as well as virtual and augmented reality. VUZI holds over 41 patents and have 32 patents pending or in process.
In January 2015, VUZI received a $24.8 million investment from Intel Corporation for general working capital to accelerate the introduction of the next generation of Vuzix fashion-based wearable display products for the consumer marketplace. The major shareholders of VUZI are the founding management team and Intel Corporation, which together own approximately 40% of Vuzix Corporation(VUZI).
VUZI was founded in 1997 and has won 20 Consumer Electronics Show(CES) Innovations awards (including four at CES 2015), with select products being the world’s best-innovations in their category.
On December 23rd, VUZI announced that they will showcase their iWear Video Headphones at the CES 2016 Show, to be held in Las Vegas from January 6-9, 2016. Visitors to the Vuzix stand will have the opportunity to review all of the Company's latest and new wearable technology, including the iWear Video Headphones, enabled with Vuzix' partner AsukaLab's AsukaVision system for iWear Video Headphones. This innovative system is able to display the 360 degree images and videos taken by the new RICOH THETA S and allow users to look around inside them as if they were there, which is the first such app of its kind.
The iWear and RICOH THETA S will be shown at CES alongside the Vuzix iWear Wireless. Both the iWear Wireless and the RICOH THETA S won CES 2016 Best of Innovations awards. Vuzix' iWear Wireless won in the Gaming and Virtual Reality category while the RICOH THETA S won in the Digital Imaging category.
VUZI's iWear Video Headphones are a high-end pair of video headphones, providing users with a mobile wearable video display and gaming solution featuring dual high-definition displays. The iWear has a field of view equivalent to a 125” home theater screen viewed from 10 feet away. Plus it supports HDMI inputs, so users can hook up to their existing 3D Blu-ray player, tablet, console system, PC, and even mobile phones.
The iWear is the most advanced mobile entertainment display to enter the consumer market to date. Combined with its fantastic audio, it is capable of displaying incredible 2D and 3D video and advanced interactive Virtual Reality and 3D titles. With its 1 million color pixels per eye, the iWear has one of the highest pixel density images available. This provides crisp high resolution imagery with no “screen-door viewing effects”.
VUZI's iWear Video Headphones began shipping to consumers earlier this month.
VUZI is in the wearable technology market where market opportunity will be huge. ABI Research forecasts the wearable computing device market will grow to 485 million annual device shipments by 2018. More than 75 million of these will be wearable display or Smart Glasses which would make for a market that is greater than $15 billion.
The enterprise market for wearable technology is predicted to surpass the consumer market according to Deloitte’s Consulting. In the enterprise market, good ROIs can be easily demonstrated by showcasing the productivity of hands free information access. There are millions of field service, warehouse, maintenance, and other enterprise users that will benefit from hands free smart glass solutions.
VUZI's flagship product is the M100 Smart Glasses; the world’s first commercially available “Smart Glasses” that offer hands-free, unprecedented access to information, data collection and more. The M100 Smart Glasses enhance existing workflows and open new opportunities in industrial, supply chain, remote assistance, medical, and many more aspects of business.
Vuzix M100 Smart Glasses are an Android-based wearable computer, enhanced with a wearable monocular display and onboard processor, recording features and wireless connectivity capabilities designed for a wide variety of enterprise applications. Its pre-installed apps can be used to take still pictures, record and playback video, track timed events, link to your phone and more. The real strength of the M100 comes from its compatibility with thousands of existing Android apps, and easy access to developer resources which enable the creation of custom apps to suit virtually any need. The M100 is currently in large scale productive use in fields such as telemedicine, remote assistance, warehousing, utilities, manufacturing, and more.
In 2013, the Vuzix M100 Smart Glasses were the recipient of the CES (Consumer Electronics Show) Innovations 2013 Design and Engineering Award BEST OF INNOVATIONS, and selected as Best Technology in the Wireless Handset Accessory category.
Smart glasses are taking off and VUZI is leading the field that includes the likes of Google, Facebook, Samsung, and others. VUZI has a superior and significantly more advanced technology then the competition as well as a patent portfolio that consists of 41 issued patents and 32 pending or in process in the wearable technology field.
The way technology is evolving, we believe wearable technology like VUZI offers will become a daily part of life for billions of people in consumer and commercial industries.
Get started on your research now and stay tuned for more.. Sincerely, Small Cap Leader Follow us on Twitter @SmallCapLeader for faster alerts and real time updates.
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