Vuzix, MPH Group Forge Distribution Agreement, MPH Orders Vuzix Smart Glasses

  • Vuzix Corporation VUZI inked a distribution agreement with U.K. distribution company MPH Group. Vuzix has also received a volume purchase order from MPH for Vuzix Smart Glasses for immediate delivery.
  • The financial terms of the deal were not disclosed.
  • MPH distributes game-changing and highly immersive technologies that involve augmented reality, virtual reality, and IoT (Internet of Things) solutions.
  • The distribution agreement with MPH will help further strengthen Vuzix's presence in Europe and the U.K. geographies, Vuzix CEO Paul Travers stated.
  • Price action: VUZI shares traded lower by 0.42% at $14.31 on the last check Monday.
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