Vuzix Corp.'s (VUZI) CEO Paul Travers on Q4 2016 Results - Earnings Call Transcript

Mar. 17, 2017 5:42 PM ETVuzix Corporation (VUZI)
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Vuzix Corp. (NASDAQ:VUZI) Q4 2016 Earnings Conference Call March 17, 2017 9:00 AM ET


Andrew Haag - Managing Partner, IRTH Communications

Paul Travers - President & CEO

Grant Russell - CFO


Brian Kinstlinger - Maxim Group

Jim McIlree - Chardan Capital Markets

Rob Stone - Cowen & Company

Mark Drucker - B. Riley


Greetings and welcome to the Vuzix Fourth Quarter 2016 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this call is being recorded.

Now I would like to turn the call over to Andrew Haag, Managing Partner, IRTH Communications. Mr. Haag, you may begin.

Andrew Haag

Good morning, everyone. I would like to welcome all of you to the Vuzix's fourth quarter 2016 financial results conference call. With us today are Vuzix's CEO, Paul Travers and the Company CFO, Grant Russell.

Before I turn the call over to Paul, I would like to remind you that in this call, management's prepared remarks contain forward-looking statements, which are subject to risks and uncertainties, and the management may make additional forward-looking statements during the question-and-answer session. Therefore, the company claims the protection of the Safe Harbor for forward-looking statements that are contained in the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those contemplated by any forward-looking statements and as a result of certain factors not limited to general economic and business conditions, competitive factors, change in the business strategy or development plans, the ability to attract and retain qualified personnel, as well as changes in the legal and regulatory requirements.

In addition, any projection as to the company's future performance represents management's estimates as of today, March 17, 2016. Vuzix assumes no obligation to update

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