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Regulatory press release

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

poLight
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
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