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Vuzix Reports Nokia License for See-Through Optics TechnologyOct 26, 2011 (Close-Up Media via COMTEX) -- Vuzix Corporation announced that it has entered into a technology license agreement with Nokia to develop and produce see-through waveguide optics for use in near-eye display systems (head mounted displays and video eyewear) based on Nokia's proprietary see-through exit pupil expanding optics technology. In a release dated Oct. 20, Paul Travers, Vuzix President and CEO said, "We believe that Nokia's EPE technology solves a long missing piece in the NED business for creating sunglass-style video eyewear," "Integrate this Nokia technology with Vuzix's advanced display engine developments with partners like Fraunhofer IPMS, and we expect to be able to offer the video glasses that Hollywood and Sci-Fi writers have only been able to imagine." Jyri Huopaniemi, Director and Head of the Nokia Research Center Media Technologies Laboratory said, "Vuzix specialized expertise in video eyewear will be critical in driving the further development of EPE technology and ensuring its integration in new consumer products. We are excited to be enabling a new era of innovation." The agreement, combining Vuzix and Nokia technology, is expected to accelerate the development and introduction of new NED products to the market. Under the agreement, Vuzix will perform on-going research and development and is expected to manufacture and bring to market components and products containing the licensed technology. In addition, Vuzix will provide Nokia with access to its products and components which incorporate the licensed technology. The see-through EPE technology has been developed and prototyped by Nokia over the past decade in various configurations. Vuzix believes that it has the potential to form the basis for sunglass-styled video eyewear, which could be manufactured in high volume and appeal to mass consumer markets. Vuzix is a supplier of video eyewear products in the defense, consumer and media and entertainment markets. ((Comments on this story may be sent to [email protected])) |