ROCHESTER, N.Y., Oct. 14, 2024 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it is releasing  for general availability a full final version of the Android™ 13 mobile operating system for its flagship M400™ enterprise smart glasses, underscoring the Company’s firm commitment to device security and meeting customer needs.

The Android 13 operating system upgrade provides Vuzix customers with the latest and highest-level security possible for head-worn devices, paired with a set of compatible developer tools that continues to enable the creation of advanced M400 software and updates on Android 13. The software’s many features include:

security updates with ongoing support;improvements to WiFi networking algorithms;improvements to Enterprise device management;improved Android permissions management; andupdated from Android API 30 to API 33 for app developers.

“Vuzix is continuously striving to keep our smart glasses state-of-the art and offer customers the best user experience in the market,” said Paul Travers, President and CEO of Vuzix.  “The implementation of Android 13 on our M400 smart glasses, which is now required by multiple customers intending larger deployments, will allow these customers to continue to manage their devices with the latest security updates and enable usage of advanced Android features within third party applications.”

You can read more about the Android 13 upgrade in the Vuzix blog here.

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of AI driven 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 400 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. 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; and Kyoto and Okayama, 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, the features, security and utility of the Android 13 release, the release’s impact on the Company’s customers and future business, the timing of the final release, 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.

Android™ is a trademark of Google, LLC.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/vuzix-announces-android-13-upgrade-and-support-for-its-industry-leading-m400-enterprise-smart-glasses-302275506.html

SOURCE Vuzix Corporation

Smith, a leading global distributor of electronic components and semiconductors, today announces its exhibition at electronica Munich 2024, the world’s leading trade fair and conference for electronics. The event will take place from Tuesday, November 12, to Friday, November 15, at Messe München exhibition center in Munich, Germany.

HOUSTON, Oct. 14, 2024 /PRNewswire-PRWeb/ — Smith, a leading global distributor of electronic components and semiconductors, today announces its exhibition at electronica Munich 2024, the world’s leading trade fair and conference for electronics. The event will take place from Tuesday, November 12, to Friday, November 15, at Messe München exhibition center in Munich, Germany.

Smith representatives will be available in Hall B5 at Booth 331 to highlight the company’s comprehensive and customizable supply chain solutions, in-depth market analyses, and systems-based approach to the quality excellence that Smith has been delivering to customers since 1984. Meetings with Smith personnel can be requested via Smith’s electronica page.

“Smith has been in the business of providing tailored solutions to the industry’s most complex supply chain challenges for more than 40 years,” said Mark Bollinger, Smith’s Chief Globalization Officer. “Our team of experts is excited to return to electronica Munich and share the many advancements we’ve made over the last two years with our global partners.”

Event Highlights

Visitors to Smith’s booth can also take part in some exciting events planned during the week:

40th Anniversary Celebration

On Wednesday, November 13, Smith will be hosting a birthday party to celebrate 40 years in business. Attendees are encouraged to stop by for a toast and sweet treat after lunch.

Podcast Day With Supply Chain Connect

On Thursday, November 14, Smith will be hosting a variety of activities at its booth from 8:30 AM – 3:30 PM in partnership with Supply Chain Connect. Team members from both organizations will engage with visitors, host an AirPods giveaway, and record a series of podcasts with Smith’s thought leaders, who will discuss a range of timely topics and key issues:

Todd Burke, President of Global Business Development, will explore the evolving role of the independent distributor and how Smith has positioned itself as a global leader for more than 40 years.Todd Snow, Vice President of Global Purchasing, will discuss solutions for excess inventory, including SmithTrade™, the company’s exclusive online marketplace for buying, bidding on, and selling excess inventory. He will also provide insights on expected market trends for 2025.Mark Bollinger, Chief Globalization Officer, will highlight the company’s long-standing commitment to sustainability––explaining how it drives Smith’s supply chain operations and why environmental conscientiousness is critical for partnerships in today’s business landscape.

WHAT: electronica Munich 2024
WHEN: Tuesday, November 12 – Friday, November 15
WHERE: Smith Exhibition Showcase – Hall B5, Booth 331
Messe München
Am Messesee 2
Munich, DE 81829
ONSITE CONTACT: Rich Witmer, Senior Director of Marketing, rwitmer@nfsmith.com. 

For more information about Smith’s participation in electronica Munich 2024 or to schedule a meeting with company representatives, visit Smith’s electronica page.

About Smith
Founded in 1984, Smith is celebrating 40 years of Intelligent Distribution™. As a leading independent distributor of electronic components, Smith sources, manages, tests, and ships billions of components to partners worldwide in every industry and vertical. Offering a comprehensive suite of flexible and scalable supply chain solutions, Smith identifies and delivers customized service programs to support its customers’ success. The company’s expertise is backed by decades of market data, cutting-edge technology, and a systems-based approach to quality excellence. Smith has generated more than USD $12.9 billion in global revenue since 2019 and ranks eleventh among all global distributors. Visit http://www.smithweb.com to learn more.

Media Contact

Sara Tubbs, Smith, 713.430.2169, stubbs@nfsmith.com, smithweb.com

View original content to download multimedia:https://www.prweb.com/releases/smith-to-showcase-leading-supply-chain-solutions-at-electronica-munich-2024-302275354.html

SOURCE Smith

ONTARIO, Calif., Oct. 14, 2024 /PRNewswire/ — On October 8, 2024, McCune Law Group (MLG), a leading consumer rights firm specializing in Employment Law, Whistleblower Retaliation, and Class Action Litigation filed a complaint in the Superior Court of Santa Clara County on behalf of a plaintiff who alleges that TikTok Inc. wrongfully terminated his employment when he exposed internal practices which have allowed data security violations, fraudulent transactions, and terrorist activity to flourish across the platform.

The lawsuit alleges that in May of 2023, the plaintiff was hired by TikTok as a Fraud Strategy Expert. Within his first six months at the company as a Fraud Strategy Expert employee, he had discovered multiple instances of fraudulent activity affecting the platform’s users. One significant attack involved the exchange of as much as $1,000,000 in fraudulent transactions. Upon reporting this activity, however, the Fraud Strategy expert employee was instructed only to pursue cases which posed a direct financial threat to TikTok itself. 

The lawsuit goes on to allege that on October 7, 2023, Hamas’ attack on Israel saw a significant spike in fraudulent activity on TikTok. The Fraud Strategy expert employee’s investigations identified several accounts which were likely connected to and collecting funds for Hamas’ terrorist activities. Despite the serious implications of this discovery, TikTok’s response was limited; in one instance, the company even chose to expand rather than curtail a practice the Fraud Strategy Expert employee had identified as vulnerable to criminal exploitation. As the Fraud Strategy Expert employee continued to report accounts affiliated with Hamas’ network and bring to light weaknesses in TikTok’s fraud detection processes, he was marginalized, ignored, and subjected to unwarranted scrutiny rather than supported. Following an early July instance in which the Fraud Strategy Expert employee expressed concern that U.S. users’ private data was being made accessible to parent company ByteDance’s international employees – a clear violation of U.S. data sharing policies – he was placed on a mandatory Performance Improvement Plan (PIP) and threatened with termination if he did not accept. On July 29, 2024, TikTok’s retaliatory actions reached their peak when the Security Fraud Expert employee was terminated without just cause.

McCune Law Group’s lawsuit alleges that the Fraud Strategy Expert Employee was wrongfully terminated for exposing practices which TikTok may have had a vested interest in concealing. “This case exposes a concerning pattern of behavior at TikTok, from the appearance of their actions, it seems that profits were placed above stopping fraud and other criminal activity on its platform,” says lead MLG attorney Richard McCune. Gavin Kassel, the lead employment attorney on the case, also stated that “As the lawsuit alleges, our client was retaliated against for simply doing his job—raising red flags about fraudulent activities and security violations that the company chose to ignore. We intend to hold TikTok accountable for its unlawful practices.”   

MLG encourages anyone with relevant information or individuals who have experienced similar action from their employers to come forward. The firm is dedicated to defending workers’ rights, protecting consumers, and demanding accountability from even the most bullish corporations.

To obtain comments regarding this case matter, contact McCune Law Group’s Public Relations department at jrb@mccunewright.com

About McCune Law Group: MLG has supported consumer rights and fights for justice for more than 30 years. With offices throughout Southern California in Ontario, Redlands, Irvine, Rancho Mirage, and Lafayette in Northern California, MLG has proudly risen to prominence as one of the largest and most successful consumer advocacy law firms in the region. MLG also boasts a national presence and specializes in practice areas ranging from product liability and personal injury to employment law and financial services. MLG’s long history of success has resulted in more than $1 billion recovered for clients and an unbeatable team of inventive, innovative, and experienced attorneys. Visit mccunewright.com to learn more.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/mccune-law-group-alleges-tiktok-retaliated-against-employee-for-exposing-criminal-fraud-in-landmark-whistleblower-case-302275539.html

SOURCE McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt, APC