Mr. Paul Travers reports

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2011

Vuzix Corp. has provided financial results for the fiscal 2011 first quarter ended March 31, 2011.

                        CONSOLIDATED STATEMENTS OF OPERATIONS
                                                                     For the three months
                                                                        ended March 31,
                                                                     2011            2010

Sales of products                                        $        3,838,504    $     1,968,824
Sales of engineering services                                       234,605             93,135
Total sales                                                       4,073,109          2,061,959
Cost of sales -- products                                         2,256,062          1,444,536
Cost of sales -- engineering services                               119,648             57,539
Total cost of sales                                               2,375,710          1,502,075
Gross profit                                                      1,697,399            559,884
Operating expenses
Research and development                                            525,722            494,000
Selling and marketing                                               504,761            617,186
General and administrative                                          684,272            749,664
Depreciation and amortization                                       111,098            110,266
Total operating expenses                                          1,825,853          1,971,116
(Loss) from operations                                             (128,454)        (1,411,232)
Other income (expense)
Interest and other (expense) income                                   665                  414
Foreign exchange gain (loss)                                        3,714               (5,174)
Amortization of senior-term debt discount                         (62,284)
Interest expenses                                                (214,672)             (91,307)
Total other income (expense)                                     (272,577)             (96,067)
(Loss) before provision for income taxes                         (401,031)          (1,507,299)
Provision (benefit) for income taxes                               19,275                  875
Net (loss)                                                       (420,306) $        (1,508,174)
Basic and diluted (loss) per share                       $        (0.0016) $           (0.0057)

We seek Safe Harbor.