Corporate OverviewMay 2015

Paul TraversPresident

Vuzix Corp.NASDAQ: VUZI

Cautionary Note Regarding Forward Looking Statements

Certain statements included in this presentation may be considered forward-looking. All statements in this presentation that are not historical

facts are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual

results, performance or achievements to be materially different from those implied by such statements, and therefore these statements should not

be taken as guarantees of future performance or results. We may use words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “could,”

“seeks,” “estimates,” and variations of such words and similar expressions in identifying forward-looking statements. The forward-looking

statements include statements concerning: our possible or assumed future results of operations; our possible or assumed future results of

operations; our business strategies; our ability to attract and retain customers; our ability to sell additional products and services to customers; our

cash needs and financing plans; our competitive position; our industry environment; our potential growth opportunities; expected technological

advances by us or by third parties and our ability to leverage them; the effects of future regulation; and the effects of competition. These statements

are based on our management’s beliefs and assumptions and on information currently available to our management. It is important to note that

forward-looking statements are not guarantees of future performance, and that our actual results could differ materially from those set forth in any

forward-looking statements. Due to risks and uncertainties, actual events may differ materially from current expectations. For a more in depth

discussion of these and other factors that could cause actual results to differ from those contained in forward-looking statements, see the

discussions under the heading "Risk Factors" in the Company’s annual report on Form 10-K filed by Vuzix Corporation and other documents the

Company’s files from time to time with the SEC. Vuzix disclaims any intention or obligation to update or revise any forward-looking statements,

whether as a result of new information, future events or otherwise, except as required by law.

NASDAQ: VUZI2

Vuzix Background

● Founded 1997

- Worldwide operations

● Leading supplier of Wearable display technology

- Initial focus US Defense markets

● Cornerstone IP and Patent Portfolio

- 41 patents and 10 patents pending

● Employees

- 38 total with 17 engineering staff

● Award-winning Technology and Design

- Immersive Viewing, Virtual and Augmented Reality, Smart Glasses

● Revolutionary Wearable Display Products for Enterprise and Consumer

- Smart Glasses for Mobility and Video headphones

● Major Shareholders

- Intel Corporation – 24%

- Management – CEO & CFO – 22%

NASDAQ: VUZI3

Wearable Technology – The Revolution is Just Beginning

The market opportunity will be huge:

● ABI Research forecasts the wearable computing device market will grow to 485 million annual device shipments by 2018

● More than 75 million of these will be wearable display or Smart Glasses, market >$15 billion

Enterprise to adopt First

● Enterprise market for wearables to surpass consumer market, predicts Deloitte’s Consulting

● Good ROIs can be demonstrated in enterprise (productivity of hands free and information access)

● There are millions of field service, warehouse, maintenance and other enterprise users that will benefit from hands free smart glass solutions

● For Vuzix: Higher gross margins, and less competition

● More open Blue Oceans by not focusing on consumer withmonocular products

NASDAQ: VUZI4

Vuzix M100 Smart Glasses Features – Focused on Enterprise

● Hands-free wearable display, computing & communications platform

● Digital see-through display with 1080p camera

● Earbud & microphone

● Inertial sensors, compass & GPS

● Voice recognition, gesture recognition

● WiFi & Bluetooth

● Safety and prescription glasses mountable

● Based on Android and now Running OS 2.0with iOS and Android compatibility

● Runs thousands of Android apps

● Vuzix App store launched in Dec. 2014

NASDAQ: VUZI5

Vuzix M100 Smart Glasses Multiple Mounting Options

With support for safety and prescription

Enterprise Applications for Smart Glasses and Augmented Reality

NASDAQ: VUZI7

Real Time, Hands Free, Info on Tap, Image/Video Capture, Scan Code Reading and More…

Vuzix Partners are Some of the Largest Companies in the World

● Intel $25M investment, Lenovo China distribution, SAP for Enterprise

NASDAQ: VUZI8

A Growing List of Industry Leading Customers & Partners

Beginning the Move from Initial Trials to Rolling out Programs

NASDAQ: VUZI9

Examples in field service, warehousing, manufacturing and more….

DHL & RICOH

Vision Picking in Logistics

24,000 parts picked with 25% improvement in efficiency over previous picking methods

NASDAQ: VUZI10

Confidential 12 NASDAQ:VUZI

Vuzix M100 Smart Glasses Upgrades Coming

Hardware

• Camera (new faster and better focus)

• Improving audio path circuit

• Adding speaker jack

• Removing SD slot

• 16 gig flash and 32 gig flash now built in

• Optional Thermal Camera (M150)

Software (OS 2.3 Just released)

• Noise cancelling being enabled

• Gesture (Moving to more reliable1D/Select version )

• BT LE enabled

• iOS Support (Including iOS manager)

• Maps (Here) (Optional in Build)

• Higher Level Security

• Honeywell Scanner (Optional)

Vuzix Leading the Industry with the Introduction of IWear 720 Video Headphones

NASDAQ: VUZI13

WINNER OF 4 CES 2015 AWARDS

● Next Gen Video Head Phones

- Think Beats headphone with a 130” hi def. Video experience

● HDMI 3D and streaming WiFi ready

● Designed for PCs, Consoles, Smartphones

● 720P - highest resolution with largest FOV at 57+ degrees (Front row of theater)

● AR & VR Application capable with tracking, audio, microphone, camera

● High precision patent pending optics for gaming to work

● Fully immersive video or VR experience

● Shipping late summer 2015

But, for Mass Market the Smart Glasses Form Factor Needs Improvement

NASDAQ: VUZI14

Carl ZeissCinemizer

Sony HMZ

EpsonMoverio

GoogleGlass

KopinGolden-I

OculusRift

● One of the most frequent questions I get: When will Vuzix finally hire a fashion ID firm?Well, its not quite that easy

● Conventional refractive and reflective optics simply have limits

● Ultimately a true eyeglass form is needed to gain general consumer acceptance of smart glasses.First Cell Phone

Conventional Optics for Video Viewers & Gaming

Conventional Options for Smart Glasses

Vuzix Technology and IP - SOLVES THE PROBLEM

Waveguides (patented) that allow true eyeglass form factors

● Revolutionary way to move light and magnify

● 1.4mm thin so not bulky like conventional optics

● Provides significant improvements in mass, costs and optical performances.

Purpose Built Waveguide Optics for Fashionable Smart Glasses

● New Rochester manufacturing facility operational Fall 2014

● Proprietary Nano-Imprinting for Low Cost Manufacturing

● HD very thin optics with large FOVs

● Easily scalable to mass market levels

Large FOV HD optics (patents pending)

● Revolutionary way magnify HD images to mass screen size(up to 200” at 10 feet)

● Light, compact, low cost that leverage nano lens arrays

NASDAQ: VUZI15

Conventional Optics

Waveguides

Smart Glasses – B Series for Enterprise and Consumer

NASDAQ: VUZI16

● Will deliver on the promise that Google Glass tried to provide

● Vuzix Waveguide based optics

● First binocular fashion-wear smart glasses

● Hands-free operation by voice and gesturing

● Hi resolution displays and 1080p camera

● Designed to support Augmented Reality applications

● True eyeglass styling to “cross the chasm” to the mass market

Technology Evolves: Day in the Life of Cloud Connected You…

http://sidv.co/author/sid/

Images: Siddharth Vanchinathan

Interim Financial Data – 3 Months Ended March 31st

NASDAQ: VUZI18

3 Mths Mar 31, 2015

3 Mths Mar 31, 2014

Total Sales $808 $798

Cost of Sales 558 450

Gross Margin 250 348

Operating Expenses - Cash 1,693 1,222

Operating Loss - Cash -1,443 -874

Stock Based Compensation & Services -2,115 -19

Depreciation and Amortization -131 -100

Interest and Other -399 -70

Gain (Loss) on Derivative Valuation -1,003 2,575

Net Income (Loss) -5,091 1,512

Earnings (Loss) Per Share -$0.40 $0.15

Balance Sheet

NASDAQ: VUZI19

Mar 31, 2015 Dec 31, 2014

ASSETS

Cash $ 22,884 $ 85

Accounts Receivable 255 383

Inventory & Prepaids 1,397 1,491

Current Assets 24,536 1,959

Net Fixed Asset & Intangibles 1,623 1,741

TOTAL ASSETS 26,160 3,700

Current Liabilities 1,710 3,386

Long-term Debt 1,181 1,179

Derivative Liability – Long-term 175 13,541

Total Liabilities 3,066 18,097

Share Capital 72,346 29,763

(Deficit) -49,252 -44,161

Stockholder’s Equity (Deficit) 23,094 -14,398

Total Liabilities & Stockholders’ Equity $ 26,160 $ 3,700

Capitalization Table

NASDAQ: VUZI20

SecurityAverage

Exercise PriceAs of May 12,

2015

Common Shares - Outstanding Currently – 15,909,978

Preferred Stock - Series A Convertible (Intel) $5.00 4,962,600

Convertible Debt (excludes accrued interest) $2.25 885,556

Warrants - Outstanding $2.49 590,143

Options - Outstanding $4.41 720,551

Fully Diluted 23,068,828

Recent Corporate and Industry Activity

● Facebook Buys Oculus Rift for $2 billion (March 2014)

● Lenovo signs deal with Vuzix to sell Vuzix-branded M100 Smart Glasses in China (July 2014)

● Google/Qualcomm invests $542 million for 20% of Magic Leap Inc.(October 2014)

● SAP launches 3rd enterprise application supporting Vuzix M100 Smart Glasses (October 2014)

● DHL experiences 25% improved efficiency in logistics through use of Vuzix M100 Smart Glasses during pilot test (January 2015)

● Google pulls the plug on Glass Explorer Program (January 2015)

● Intel announces Curie chip for wearable market (January 2015)

● Vuzix receives $24.8 million investment from Intel Corporation (January 2015)

NASDAQ: VUZI21

Vuzix in 2015

● Expecting continued growth with the M100 as an Enterprise solution with pilots soon to move to wider adoption (10s to 1000s)

● Expanding developer base and continued launch of new applications

● Release HD IWear 720 products for mobile entertainment and gaming

● Move to new larger facility with 5x cleanroom space for volume manufacturing

● Recruiting additional R&D staff, to accelerate new product launches

● Start commercialization of waveguides for enterprise and then consumer markets

● Implement SOX compliance for NASDAQ

● Targeting strong revenue growth in second half of 2015

● Release/Demonstrate see-through waveguide based binocular Smart Glasses Q4 2015

NASDAQ: VUZI22

Vuzix Investment Highlights

● Received a $24.8 million investment from Intel Corporation (24% owner)

● Acknowledged as one the world leaders in Smart Glasses, established over the last 20 years, and at the front end of market opportunities in the billions of dollars

● Extensive cornerstone IP and technology base in wearable displays and smart glasses

● Strong R&D plan and product roadmap to commercialize itsnext generation technology for both Vuzix and potentialthird party OEMs and licensees

● Experienced team with a clear vision of the importantrole that wearable displays will play in the future

● Partnerships with leading companies like

- Intel, SAP, Intel, AT&T, and many more

● Waveguide based fashion glasses being released by early 2016

NASDAQ: VUZI23

THANK YOUInvestor Relations:IRTH CommunicationsAndrew Haag866-976-4784vuzix@irthcommunications.com

Contact:Vuzix Corporation585-359-5000http://www.vuzix.com/