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Vuzix Signs Distribution Agreement With PDC And Receives Initial Volume Smart Glasses Order

Benzinga·09/06/2023 14:10:49
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 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 has entered into a distribution agreement with The Printer Distribution Company ("PDC"), an Africa-based value-added technology distributor of leading solutions in front office, back office and networking applications. Vuzix has received and shipped against an initial volume purchase order from PDC, who will distribute and support Vuzix smart glasses products to its customers across Africa.

PDC provides market coverage across Africa, with a product breadth that meets a diverse set of customer requirements. PDC distributes products specifically to key vertical markets including automotive, warehousing and supply-chain, transportation and logistics, networking, healthcare, food and beverage and retail. The company collaborates closely with its partners to deliver exceptional solutions to the market.  PDC's vision of the digital future is driven by the needs and aspirations of its dealers and their clients who use the company's products every day.

"PDC is very excited about our partnership with Vuzix as we know the use of smart glasses has transformed the market for wearable smart technology," said Frikkie Koegelenberg, Executive at PDC. "Use of smart glasses will offer huge innovation potential for companies to increase value and further change the behaviors of consumers and adopters as they enable augmented reality and hands-free work, which in turn opens new opportunities for all companies to make their own processes more efficient and become fit for the requirements of digital transformation. We plan to target our key market verticals, as well as pursue emerging opportunities we have identified in the government and educational markets."

"We are excited to be working with PDC, a leading distributor in Africa, that can offer its customers one-stop shopping for their solution needs," said Paul Travers, President and CEO of Vuzix. "Our two firms target many of the same market verticals and as part of our continued global expansion strategy, this distribution partnership will facilitate increased market penetration for customers in Africa that are ready to embrace AR-based solutions to increase their productivity."  

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