Vuzix Corporation · NASDAQ:VUZI
Vuzix — Investor Presentation (March 2016)
26 slides from Vuzix's investor presentation, Mar 14, 2016
Slide 1: Vuzix Corporation Company Overview
Vuzix Corporation 25 Hendrix Road, Suite A West Henrietta, NY 14586 USA (585) 359-5900 www.vuzix.com Company Overview Vuzix is a leading developer and supplier of smart glasses and video eyewear products in the consumer, enterprise and industrial markets. The Company’s products - personal display an
Slide 2: Executive Ownership and Management Team
Executive Ownership Management owns 22% of outstanding shares. Vuzix management’s goal is to build the Company‘s net equity and long-term shareholder value. Other Significant Stockholders Intel Corporation owns 49,626 Series A Convertible Preferred shares, which if converted represent a 24% ownershi
Slide 3: Corporate Presentation March 2016
Corporate Presentation March 2016 Paul Travers President NASDAQ: VUZI
Slide 4: Cautionary Note Regarding Forward Looking Statements
Cautionary Note Regarding Forward Looking Statements Certain statements included in this presentation may be considered forward - looking . All statements in this presentation that are not historical facts are forward - looking statements . Such statements involve known and unknown risks, uncertaint
Slide 5: Vuzix Background
Vuzix Background ● Founded 1997 - Worldwide operations ● Leading supplier of Wearable display technology - Initial focus US Defense markets ● Cornerstone IP and Patent Portfolio - 42 patents and 15 patents pending or in process ● Employees - 45 total with 22 engineering staff ● Award - winning Techn
Slide 6: Wearable Technology – The Revolution is Just Beginning
Wearable Technology – The R evolution is Just Beginning The market opportunity will be huge: ● Digi - Capital forecast that AR/VR could hit $150B revenue by 2020, with AR taking the lion’s share around $120 billion and VR at $30 billion . For AR - Enterprise will Adopt First ● Enterprise market for
Slide 7: Vuzix M100 Smart Glasses Features – Focused on Enterprise
Vuzix M100 Smart Glasses Features – Focused on Enterprise ● Hands - free wearable display, computing & communications platform ● Digital see - through display with 1080p camera ● Earbud & microphone ● Inertial sensors, compass & GPS ● Voice recognition, gesture recognition ● WiFi & Bluetooth ● Safet
Slide 8: Next Generation Enterprise Smart Glasses - M300
Next Generation Enterprise Smart Glasses - M300 ● M300 – Non see thru using conventional prism ● Being manufactured for us by new tier 1 partner ● Highlights - Intel Inside 4X the speed of current Smart Glasses - Ruggedized and designed for 24/7 operation - Hot swap batteries - 4X the resolution of
Slide 9: M3000 Wave-Guide: See-Through Augmented Reality Smart Glasses
M3000 Wave - Guide: See - Through Augmented Reality Smart Glasses NASDAQ: VUZI 7 ● All the capabilities of the M300 but with advanced waveguide optics to enable see thru operation
Slide 10: Enterprise Applications for Smart Glasses and Augmented Reality
Enterprise Applications for Smart Glasses and Augmented Reality NASDAQ: VUZI 8 Real Time, Hands Free, Info on Tap, Image/Video Capture, Scan Code Reading and More…
Slide 11: Vuzix Partners are Some of the Largest Companies in the World
Vuzix Partners are Some of the Largest Companies in the World ● Intel $25M investment, SAP for Enterprise, DHL, Airbus, Lee….. NASDAQ: VUZI 9 A Growing List of Industry Leading Customers & Partners
Slide 12: Beginning the Move from Initial Trials to Rolling out Programs
Beginning the Move from Initial Trials to Rolling out Programs NASDAQ: VUZI 10 ● Examples in field service, warehousing, telemedicine , manufacturing QA and more…. ● The bigger the partner the longer it takes
Slide 13: Remote Assistance - Lee Company HVAC & Construction
REMOTE ASSISTANCE - Lee Company HVAC & Construction One of the first and Largest deployment of smart glasses ● Hundreds of HVAC Technicians use Vuzix M100 Smart G lasses units in daily operation ● Dramatic improvement in customer support and satisfaction ● Clients can easily view a job’s status via
Slide 14: Vuzix iWear Video Headphones
Vuzix i Wear Video Headphones NASDAQ: VUZI 12 WINNER OF 4 CES 2015 AWARDS ● Next gen v ideo h ead p hones - Think Beats headphone with a 125” hi def. video experience ● No need for custom content and 100% HDMI 3D compliant ● Works with most HDMI source including: - Consoles, smartphones, drones, Blu
Slide 15: Vuzix iWear Wireless
Vuzix i Wear Wireless NASDAQ: VUZI 13 WINNER OF 4 CES 2016 AWARDS ● World's first Wearable Smart TV ● VR capable with tracking, audio, microphone, camera ● High precision patent pending optics for gaming to work ● Netflix to Hulu and Smart TV gaming capable
Slide 16: Function and Form - Smart Glasses Need to Improve
Function and Form - Smart Glasses Need to Improvement NASDAQ: VUZI 14 Carl Zeiss Cinemizer Sony HMZ Epson Moverio Google Glass Kopin Golden - I Oculus Rift ● One of the most frequent questions I get: When will Vuzix finally hire a fashion ID firm? Well, its not quite that easy ● Conventional refract
Slide 17: NASDAQ: VUZI 15
NASDAQ: VUZI 15
Slide 18: Vuzix Technology and IP - Solves the Problem
Vuzix Technology and IP - SOLVES THE PROBLEM Waveguides (patented) that allow true eyeglass form factors ● Revolutionary way to move light and magnify ● 1.4mm thin and shrinks display engine so not bulky like conventional optics ● Provides significant improvements in weight, physical size, costs and
Slide 19: Smart Glasses – AR 3000 for Enterprise and Consumer
Smart Glasses – AR 3000 for Enterprise and Consumer NASDAQ: VUZI 17 ● Will deliver on the promise that Google Glass tried to provide ● Vuzix Waveguide based optics ● First binocular fashion - wear smart glasses ● Hands - free operation by voice and gesturing ● Hi resolution displays and 1080p camera
Slide 20: Technology Evolves: Day in the Life of Cloud Connected You
Technology Evolves: Day in the Life of Cloud Connected You… http://sidv.co/author/sid/ Images: Siddharth Vanchinathan
Slide 21: Capitalization Table
Capitalization Table NASDAQ: VUZI 19 Security Average Exercise Price As of Sept 30 , 2015 Common Shares - Outstanding Currently – 16,059,434 Preferred Stock - Series A Convertible (Intel) $ 5.00 4,962,600 Convertible Debt (excludes accrued interest) $2.25 845,556 Warrants - Outstanding $ 2.39 560,32
Slide 22: New Facility
New Facility ● We have moved into our new facility in Rochester. ● Corporate offices, R&D as well as production for ALL the waveguides to be used in the various products that are to be based on this technology. ● Approximately 5 - times the size of our existing facility. The move will enable us to o
Slide 23: Recent Activities of Comparable Companies in Same Space
Recent Activities of Comparable Companies in Same Space ● Facebook buys Oculus Rift for $2.3 billion (March 2014) - Only selling dev kits ● Google/Qualcomm invests $542 million at $2 billion valuation for Magic Leap Inc. (October 2014) - No product ● Microsoft buys patents from ODG for $150 million
Slide 24: Vuzix in 2016
Vuzix in 2016 ● Expecting continued growth with the M100/M300 as Enterprise solutions with pilots move to wider adoption (10s to 100s and then to 1,000s) ● Expanding developer base and continued launch of new applications ● Strengthen and expand partnerships to bring Smart Glasses across markets ● P
Slide 25: Vuzix Investment Highlights
Vuzix Investment Highlights ● Industry leader Intel Corporation (24% owner) ● Acknowledged as one the world leaders in Smart Glasses, and at the front end of market opportunities in the billions of dollars ● Extensive cornerstone IP and technology base in wearable displays and smart glasses ● Strong
Slide 26: Thank You
THANK YOU Investor Relations: IRTH Communications Andrew Haag 866 - 976 - 4784 vuzix@irthcommunications.com Contact: Vuzix Corporation 585 - 359 - 5000 http://www.vuzix.com/ ®