Hello Member,

 

Our Nasdaq alert from Tuesday morning, Vuzix Corporation (VUZI), is making a nice move today up 10% and trading at the high of the day, $6.55VUZI is nearing Tuesdays high of $6.69 and we believe this is a good company to keep on watch for continued momentum.

 

From a chart perspective, VUZI could experience another near term rally if it breaks through yesterdays high of $6.69 in the coming days and the monthly chart looks good heading into CES in Las Vegas this January.

 

VUZI also released news yesterday and today a Form 4 was filed showing a 10K insider purchase yesterday at $5.945. Read the filing here and get yesterdays news below.

 

 

ROCHESTER, N.Y., Nov. 15, 2017 /PRNewswire/ — Vuzix® Corporation (VUZI), (“Vuzix” or, the “Company”), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets, is pleased to announce that HMS, a global organization with operations in 11 countries focused on industrial networking and remote management solutions will be demonstrating human machine interface (HMI) solutions on the Vuzix M300 Smart Glasses at the Rockwell Automation Fair taking place November 15-16, 2017 at the George R. Brown Convention Center in Houston, Texas.

 

HMS and Vuzix will be showcasing a hands-free solution running on the Vuzix M300 Smart Glasses as a companion device to leverage the HMS Anybus wireless module to operators and maintenance workers at the Rockwell Automation Fair.  Operators and maintenance workers are already required to wear safety goggles and by using the Vuzix M300 users can utilize the high-resolution camera to record video of events and provide photo documentation of issues completed tasks completely hands-free.
HMS, which stands for Hardware Meets Software™ connects more than 4 million devices around the world and enable their customers to widen their market and improve their business.  HMS products, solutions and know-how enable industrial hardware to get connected to IoT software. As such, HMS enables the Industrial Internet of Things which is all about Connecting Devices™.
From the first majority to the next man in we continue to see the shift in the industry IoT strategy to introduce proven hands-free mobile devices like the Vuzix M300 Smart Glasses to machine operators and maintenance workers to provide remote HMI access to equipment in the field,” said Paul Boris, COO, Vuzix.
We are excited that the Vuzix M300, a hands-free solution to deliver human machine interface and remote management solutions to operators and maintenance workers was selected by HMS to be introduced to potential customers at the Rockwell Automation Fair,” said Paul Travers, CEO and President, Vuzix. “With over 3 million connected devices around the world HMS provides Vuzix new opportunities to expand our mobile workers and field maintenance customer base.

 

Source: Yahoo Finance

 

Have a great weekend and stay tuned for a new alert coming soon..

 

Sincerely,

Stock Market Leader

 

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