Move over Google, there's another contender in the interactive eyewear market stepping on to the playing field. Vuzix has unveiled a new product called Smart Glasses M100 intended to give the search giant a run for their money come next year.

Vuzix's Smart Glasses M100 features a WQVGA display packing a 16:9 aspect ratio. The glasses will be powered by a 1GHz OMAP 4430 processor, a full gigabyte of RAM and 4GB of internal storage. Wi-fi connectivity is included alongside Bluetooth. Android 4.0 Ice Cream Sandwich is expected to come pre-installed.

We are told the set will include a camera to capture still photos as well as 720p video, a noise-canceling microphone and a speaker over the earpiece. Vuzix says users will be able to transfer photos directly to their smartphone with an app (we assume they will make one).

It's designed to work indoors as well as outside and connects wirelessly to your Android or iPhone via Bluetooth.

Vuzix president and CEO Paul Travers said the image displayed by the M100 is similar to what you'd see if you were looking at the screen on your phone except that it seemingly floats right in front of you.

A non-functional prototype was recently displayed at a Consumer Electronics Show preview event in New York. Eager eyes will have to wait until the 2013 CES in Las Vegas to get a look at a working model, however. Vuzix's Smart Glass M100 should begin shipping sometime during the middle of 2013 for less than $500.