Polight ASA

Regulatory Filings • Apr 8, 2024

poLight ASA Confirms Design Win with Vuzix Shield Industrial AR Smart Glasses

poLight ASA Confirms Design Win with Vuzix Shield Industrial AR Smart Glasses

HORTEN, Norway -- 8 April 2024 -- poLight

ASA (https://www.polight.com/home/default.aspx) (OSE: PLT) today confirms that

Vuzix Shield (https://www.vuzix.com/products/vuzix-shield-smart-glasses)® AR

smart glasses have been released for general availability in the industrial

enterprise market.  Besides being the world's first binocular waveguide smart

glasses implemented for industrial use, Vuzix Shield also uses TLens® in its two

front-facing stereo RGB autofocus cameras. With Vuzix Shield, workers can stream

their view remotely, taking advantage of AI workflow optimization tools,

accessing work instructions, and utilize its advanced cameras to capture photos

and video, and scan barcodes. For more information, visit [bit.ly].

"Building our position in the AR/MR space is very important for the company,"

said Dr. Øyvind Isaksen, CEO of poLight ASA. "Vuzix is a veteran in the

industrial, enterprise AR market, and the Vuzix Shield product boasts state-of

-the-art stereo AF cameras leveraging our TLens® technology. We are very proud

to be selected as an AF camera technology partner for Vuzix."

"The poLight TLens® has enabled robust, fast, low-power consumption and constant

field-of-view autofocus functionality in our HD cameras, a critical function in

our revolutionary ultra-compact 3D smart glasses for the connected workforce,"

said Paul Travers, President and CEO of  Vuzix®

Corporation (http://www.vuzix.com/home/) (NASDAQ: VUZI (http://finance.yahoo.com/

q?s=vuzi)), a leading supplier of smart glasses and augmented reality (AR)

technology and products.

Further information from:

Dr. Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

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 350 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 2024 and

several wireless technology innovation awards among others. Founded in 1997,

Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; Munich,

Germany; and Kyoto and Tokyo, Japan.  For more information, visit the Vuzix

website (https://www.vuzix.com/), Twitter (https://twitter.com/Vuzix) and

Facebook (https://www.facebook.com/Vuzix/) pages.

About poLight ASA

poLight ASA (OSE: PLT) offers patented, state-of-the-art tunable optics

technology, leveraging its proprietary polymer and piezo MEMS technology.

Founded in 2005, its first product TLens® replicates "the human eye" experience

in autofocus cameras used in applications such as AR/MR devices, smartphones,

wearables, webcams and other consumer devices, industrial barcode scanners and

machine vision systems, and healthcare applications. With over 160 granted

patents, poLight's technology delivers extremely fast focus, small

footprint, ultra-low power consumption, no magnetic interference, and constant

field of view, enabling better imaging system performance and new user

experiences compared to alternative technologies.  poLight is based in Horten,

Norway, with employees in Finland, France, UK, US, China, Taiwan, and the

Philippines. For more information, please visit https://www.polight.com.