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1 2Q2021 EARNINGS PRESENTATION AUGUST 9, 2021
2Q2021 EARNINGS PRESENTATION
AUGUST 9, 2021Cautionary Note Regarding Forward Looking Statements
Certain statements included inthispresentation may beconsidered forward -looking .Allstatements inthispresentation thatarenothistorical facts are
forward -looking statements .Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results,
performance orachievements tobematerially different from those implied bysuch statements, andtherefore these statements should notbetaken as
guarantees offuture performance orresults .Wemay use words such as“expects,” “anticipates,” “intends,” “plans,” “believes,” “could,” “seeks,”
“estimates,” andvariations ofsuch words andsimilar expressions inidentifying forward -looking statements .The forward -looking statements herein
include, butnotlimited to,statements concerning :ourpossible orassumed future results ofoperations ;ourbusiness strategies ;ourability toattract
andretain customers ;ourability toselladditional products andservices tocustomers ;ourcash needs andfinancing plans ;ourcompetitive position ;
ourindustry environment ;ourpotential growth opportunities ;expected technological advances byusorbythird parties andourability toleverage
them ;theeffects offuture regulation ;andtheeffects ofcompetition .These statements arebased onourmanagement’s beliefs andassumptions and
oninformation currently available toourmanagement .Itisimportant tonote thatforward -looking statements arenotguarantees offuture performance,
andthatouractual results could differ materially from those setforth inanyforward -looking statements .Due torisks anduncertainties, actual events
may differ materially from current expectations .Foramore in-depth discussion ofthese andother factors thatcould cause actual results todiffer from
those contained inforward -looking statements, seethediscussions under theheading "Risk Factors" intheCompany’s most recent annual report on
Form 10-Kandother documents thattheCompany hassubsequently filed withtheSEC.Vuzix disclaims anyintention orobligation toupdate orrevise
anyforward -looking statements, whether asaresult ofnew information, future events orotherwise, except asrequired bylaw.
2Call Participants and Agenda
➢2Q2021 business review
➢2Q2021 financial review
➢Closing remarksParticipants
CFO and Executive Vice President
Director of Investor Relations
➢2021 has been and will continue
to be a transformative year for
➢1H2021 product revenue rose
80% year -over-year on 53% unit
growth with revenue growth from
Vuzix’ top 20 customers up 73%
➢Ended 2Q with ~$138M in cash
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