Vuzix to Showcase 5G AR Solutions for Connected Workers on Verizon’s 5G Network at AES 2023

ROCHESTER, NY, October 23, 2023 – Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, will showcase solutions for connected workers using Vuzix AR smart glasses on the Verizon 5G Network at Augmented Enterprise Summit (AES) during Oct 24-26 in Houston, TX.

Enterprise customers are quickly realizing the advantages of empowering the next generation of workers with AR smart glasses. These advantages include accelerating onboarding, increasing productivity, streamlining collaboration, and improving safety. Until now, one major challenge to the adoption of this technology has been the limited or lack of Wi-Fi access available to the majority of remote frontline workers. This includes field service engineers and maintenance technicians, first responders, logistics and warehouse workers.

The showcase at AES 2023 will offer attendees the chance to preview an experimental neckband form factor. Designed for optimal connectivity in the field, this form factor demonstrates how Vuzix AR smart glasses and Verizon 5G are enabling powerful new capabilities to support the use cases that frontline workers depend upon, including remote expert video calls, digital workflows, and access to technical documentation.

“Vuzix and Verizon’s long standing research collaboration has focused on helping connected workers in remote locations take full advantage of the benefits offered by smart glasses – like hands-free, heads-up access to just-in-time support or information they need – using the Verizon 5G network,” said Paul Travers, President and CEO of Vuzix. “We believe the combination of AR smart glasses and Verizon 5G is a game changer for companies in a lot of industries and will lead to wide-scale disruption of legacy business models that rely on frontline workers.”

Attendees of AES can see demos of these solutions and meet with Vuzix and Verizon in booth #20 at the Westin Galleria in Houston, TX on Oct 24-26, 2023.

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of Smart Glasses and Augmented Reality (AR) technologies 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 325 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmented reality Video Eyewear field. Moviynt, an SAP Certified ERP SaaS logistics solution provider, is a Vuzix wholly owned subsidiary. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2023 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; Oxford, UK; Munich, Germany; and Kyoto and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.

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 and future opportunities with Verizon 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, West Henrietta, NY 14586 USA,

Investor Information – IR@vuzix.com www.vuzix.com