Google’s (GOOG) “Project Glass” smart glasses product is still a work in progress but it may already have some stiff competition. Debuting at CES 2013 is Vuzix’s M100, a wearable device that connects to a smartphone via Bluetooth for connectivity and provides a heads-up display that hovers in front of one eye. The company first announced its M100 smart glasses this past November and targeted a $1,000 price point, but Vuzix now says the device will cost just $500 when it launches later this year. Key specs include a WQVGA color display, an OMAP processor, 4GB of internal storage, 1GB of RAM, a 1080p camera and the Android 4.0 Ice Cream Sandwich OS.

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.