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#TEK TekCapital PLC – Innovation Eyewear Hosts First Smart Eyewear Show
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group announces that Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, will be holding an Eyewear Fashion Show on April 20th @ 6:00PM EDT at Win 37 Art Gallery, 4320 NW 2nd Ave, Miami, FL 33127 to display its. Lyte 2.0 ChatGPT-enabled smart eyewear line, as part of its Spring 2023 Collection.
Innovative Eyewear believes its new designs and upgrade to the global smart eyewear market can improve the daily lives of people around the world. The Lucyd Lyte® flagship smart eyewear line is reimagining and disrupting the smart eyewear market with a new seamless voice integration with ChatGPT, powered by its patent-pending Lucyd app. Lucyd glasses empower consumers to listen to music, take and make calls, and use voice assistants to perform tasks, and can instantly help individuals tap into ChatGPT’s powerful AI, enabling them to ask ChatGPT just about anything and receive spoken answers.
Harrison Gross, CEO of Innovative Eyewear said:
“From translating languages to looking up recipes and asking questions about pop culture, consumers can verbally ask questions to ChatGPT through microphones seamlessly built into Lucyd glasses and hear the responses through stereo speakers. Additionally, the app may also be used via a streamlined visual interface on iOS/Android, providing the user with both seamless voice and textual interfaces for ChatGPT.
“We believe that our smart eyewear app, integrating ChatGPT, is a paradigm shift in the fashion eyewear market. With our new Lucyd app, which is free during the open beta, we are continuing to make smart eyewear more accessible and functional. It’s our view that a great pair of smart glasses is defined by three key factors: beautiful design, innovative technology, and suitability for all-day wear. The Lyte 2.0 eyewear collection successfully offers these attributes and now provides a fourth factor-access to one of the world’s most popular AI bots. By connecting to ChatGPT via voice commands on Lucyd smart eyewear, users can now access a wealth of detailed information on just about any subject, making smart eyewear a wonderful mobile learning tool.
“Lucyd Lyte® 2.0 eyewear is available in 15 distinct, patent-pending styles, all of which are available with prescription or sunglass lenses, making it one of the most versatile lines of smart eyewear globally. Lucyd smart eyewear makes it easy to use ChatGPT by combining the strength of a natural language AI bot with the natural ergonomic interface of speaking and listening on a hands-free wearable device.
“With this latest debut, Lucyd Smart Eyewear is fusing AI technology and style to disrupt the designer eyewear market by seamlessly integrating ChatGPT via voice commands through Siri or Google Voice. Our Smart glasses go beyond listening to music or taking a phone call-Now consumers can go from stylish and smart to gifted, with audio ChatGPT spoken directly in their ears.
“Lucyd® is an award-winning, patented, smart eyewear brand that is competitively priced with traditional eyewear. With proprietary technology and stylish designs made to elevate customers’ eyewear experience, our eyewear is made to provide the ultimate combination of style and functionality.
“The power of AI chatbots has become undeniable over the last few months. Coupling it with an ergonomic, spoken interface makes it easier to realize its promise. Conversations with AI chatbots are now voice enabled with the Lucyd app and available on-the-go through the entire Lyte 2.0 line.
“We believe Lucyd®’s Spring 2023 collection of men’s and women’s eyewear has the potential to make a serious dent in the fashion smart eyewear market. Our latest generation of smart glasses combines sleek design with open-ear headphones, UV protection, prescription lenses and voice assistance into one innovative, lightweight eyewear product that are equally beautiful and functional.
“With quadrasonic speakers, open-ear audio, noise cancellation microphones, polarized UV 400 lenses and 12-hour battery life seamlessly programmed to work with the world’s smartest Artificial Intelligence platform, Lucyd Lyte is smart eyewear like no other. We believe Lucyd ChatGPT enabled eyewear is the next evolutionary step to Upgrade your Eyewear®.“
Lucyd’s Spring 2023 ChatGPT Enabled Eyewear includes the following models:
Darkside – $199; Darkside Bluetooth smart glasses from Lucyd feature a flat brow design blending mid-century and modern style seamlessly.
Dynamo – $199; Dynamo audio smart glasses offer a refined matte black finish on a bold flat front, an exciting new twist on the classic Roy Orbison silhouette.
Earthbound – $229; The Lucyd Earthbound smart sunglasses offer a fresh tech take on the classic Clubmaster style. An old-school favorite with all-around appeal.
Eclipse – $199; The Lucyd Eclipse audio smart glasses offer an elevated take on the trending crystal-front, black-temple wayfarer.
Electra – $229; The Electra frame from Lucyd is the epitome of bold style offering a matte black brushed titanium front with a glamorous bright gold rim that offers an excellent crossover size that looks great as a sunglass or an eyeglass.
Fusion – $199; The Fusion style offers an excellent crossover size that looks great for both Rx and sunglass wear.
Millennia – $199; The Millennia audio glasses from Lucyd feature a slightly oversized butterfly front in luxurious champagne crystal, with eye-popping glossy white temples.
Moonshot – $199; Trendsetters can experience the apex of sleek design with Moonshot audio glasses from Lucyd, which offers a round-cat shape frame with a lux matte finish.
Nebula – $199; Elevate your style with Nebula audio glasses from Lucyd for a sleek contoured look, offering the perfect frame size for a modern and sophisticated look.
Penubra – $199; Lucyd Penumbra Bluetooth smart glasses offer bold geometric angles that defy the status quo with every contour and offer a futuristic look in glossy black.
Shimmer – $229; Shimmer Lucyd smart glasses bring the ultimate flair of rose gold titanium to smart eyewear for the first time.
Starlyte – $199,; The Lucyd Starlyte smart glasses offer a defined modern cat eye featuring upturned lenses and bowed browline, achieving the perfect symmetrical balance of beauty and elegance.
Starseeker – $229; Lucyd Starseeker titanium audio glasses are made of a brushed gunmetal titanium front and temples, providing an audacious yet sophisticated look.
Stratus – $199; Lucyd Stratus audio glasses are modern and feature subtle features, clean corners and sleek curves, making it the perfect frame for any occasion.
Voyager – $199; Blaze past the limit with the Voyager Bluetooth glass from Lucyd, featuring a trendy acetate aviator shape and a double brow bar.
Download the Lucyd beta app now for a free trial and unlock the possibilities of ChatGPT-enabled smart glasses.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives, and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Tekcapital currently owns 5,189,086 shares (approximately 67%) of Innovative Eyewear, Inc.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
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Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
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Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
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Tim Thompson/Andrea Seymour/Fergus Mellon |
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About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
#TEK TekCapital PLC – Patent Filed for ChatGPT Enabled Smart Eyewear
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, announces today that it has filed a new patent application entitled SYSTEM, APPARATUS, AND METHOD FOR USING A CHATBOT, US Patent Application number 18/189,547.
The software system covered by the patent application focuses on one or more smart devices, which may include smart glasses, that operate with chatbots such as ChatGPT. The inventive application may provide an efficient and effective tool for obtaining a desired response drawn from one or multiple chatbots. The invention accomplishes this by using an innovative technique for choosing from and prioritizing data that may be drawn simultaneously from a number of different chatbots or AI language models. The invention allows for text, audio, and image data to be provided in response to user queries.
“We believe we are the first smart eyewear company to provide (patent-pending), artificial intelligence voice accessibility on Bluetooth-enabled eyewear. With our new Lucyd app, we are continuing to make eyewear more flexible and smarter than ever before,” says Harrison Gross, CEO of Innovative Eyewear.
The Lucyd app provides audible/spoken output of the popular ChatGPT language model, enabling more natural communication between the user and this powerful AI chatbot. The app can be used with any smartphone or hearable device to enable verbal interaction with ChatGPT, including audio glasses made by Innovative Eyewear.
The company will be showcasing its hardware and software at the eMerge tech conference in Miami, FL April 20th-21st and encourages interested parties to attend.
Lucyd Lyte ChatGPT-enabled smart eyewear can be purchased online, in any prescription at Lucyd.co.
Ironically, March 2023 is the 150th anniversary of the introduction of the QWERTY keyboard and production of the Remington typewriter.
On June 23, 1868, a patent was granted to Christopher Sholes, Carlos Glidden, and Samuel W. Soule for a “Type-Writer” which was eventually developed into the Sholes and Glidden typewriter, the first device that allowed an operator to type substantially faster than a person could write by hand. The patent (U.S. patent # 79,265) was sold to Densmore and Yost, who agreed with E. Remington and Sons (then famous as a manufacturer of sewing machines) to commercialize what was known as the Sholes and Glidden Type-Writer. Remington started production of their first typewriter on March 1, 1873, in Ilion, New York. The Type-Writer introduced the QWERTY, designed by Sholes, et al.
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Remington No. 1 typewriter (pictured on the right above), made by Remington & Sons, Ilion, NY, 1873-1878. This is the first Sholes & Glidden model typewriter made by Remington & Sons
The mechanical QWERTY keyboard and its digital equivalent can be considered a transitional data entry device, whose importance could be supplanted by more natural and ergonomic interfaces. Voice control on wearables is a key example of an extremely efficient method for interfacing with computing devices, that is faster and more ergonomic than typing. With ChatGPT specifically, the new Lucyd app makes it significantly easier to use, because the typical input into ChatGPT is long-form paragraphs of text which is often too cumbersome to type on a mobile device, requiring the user to be on a desktop computer to use ChatGPT effectively. The Lucyd app makes it fully voice-controlled, and therefore mobile friendly for the first time.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives, and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Tekcapital currently owns 5,189,086 shares (approximately 67%) of Innovative Eyewear, Inc.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
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Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
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||
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Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
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Tim Thompson/Andrea Seymour/Fergus Mellon |
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About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
#TEK TekCapital PLC – Portfolio Company Update Innovation Eyewear
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, announces today that it has launched a new iOS/Android app called Lucyd. The Lucyd app enables a voice interface for ChatGPT on their smart eyewear.
The user can ask questions to ChatGPT through microphones already built into Lucyd glasses and hear the responses through their stereo speakers. The app is device agnostic and works with many other hearables, including, but not limited to, AirPods®1. Additionally, the app may be used via a streamlined visual interface on any smartphone to enhance accessibility.
“We are excited to be the first company to provide ChatGPT enabled smart eyewear. With our new Lucyd app, which is free to our eyewear customers, we are continuing to make smart eyewear more accessible and functional than ever before,” says Harrison Gross, CEO of Innovative Eyewear. “A great pair of smartglasses is defined by three key factors: fashion, tech, and suitability for all-day wear. The Lyte 2.0 collection successfully addresses these factors and now provides access to the world’s most popular AI assistant. By connecting to ChatGPT with your voice on Lucyd smart eyewear, you can access a wealth of detailed research on just about any subject, making it one of the most powerful mobile learning systems available.”
As recently announced, Lucyd Lyte® 2.0 eyewear is now available in 15 distinct styles, which Innovative Eyewear believes is the most of any smart eyewear on the US market. With the Lucyd app, all of these frames provide on-the-go access to ChatGPT. Lucyd smart eyewear makes it easy to use ChatGPT by combining the strength of a natural language AI bot with the natural ergonomic interface of speaking and listening on a handsfree wearable.
Download the beta version of the Lucyd app now and enjoy a free trial, or get it free when you Upgrade your Eyewear® at www.Lucyd.co.
Innovative Eyewear believes their new app may generate substantial revenue from both smart eyewear and app sales in future periods.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to their mission to Upgrade Your Eyewear®, their Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives, and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Tekcapital currently owns 5,189,086 shares (approximately 67%) of Innovative Eyewear, Inc.
Reference:
1 Airpods® is a registered trademark of Apple Inc.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
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Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
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||
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Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
|
Tim Thompson/Andrea Seymour/Fergus Mellon |
|
About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
LEI: 213800GOJTOV19FIFZ85
Forward-Looking Statements
This press release is for informational purposes only. The information herein does not constitute investment advice nor an offer to invest and may contain statements related to our future business and financial performance and future events or developments involving Innovative Eyewear, Inc., Lucyd or Tekcapital that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to customers, stakeholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements may be based on the current expectations and certain assumptions of Tekcapital, Innovative Eyewear Inc. or Lucyd’s management. Please note that these are subject to a number of risks, uncertainties and factors, including, but not limited to those described in various disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Innovative Eyewear Inc., Lucyd and/or Tekcapital may vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Other than as required by relevant regulation or law, neither Innovative Eyewear Inc, Lucyd nor Tekcapital intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
Photos courtesy of Innovative Eyewear Inc.
#TEK TekCapital PLC – Launch of Lucyd Lyte 2.0 Smart Eyewear
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica® and Eddie Bauer® brands, has announced the launch of Lucyd Lyte 2.0, (“Lyte 2.0”) a major upgrade to its flagship Lucyd Lyte audio eyewear platform.
The new Lucyd Lyte 2.0 line brings several advances to the company’s core product and is available now, in any optical prescription, at Lucyd.co. The Company intends to introduce the product to optical and specialty retail chains worldwide. The Lyte 2.0 marks the culmination of years of R&D to realize the company’s mission to make smart eyewear more accessible, useful and stylish for the optical and sunglass markets. New features of the Lyte 2.0 are as follows below:
· A four-speaker array provides immersive open-ear audio, that matches the sound quality of traditional earbuds without obstructing your hearing. The new speaker system provides an enhanced mid-range and bass response compared to the previous Lucyd Lyte.
· Audio input is improved with the introduction of dual noise-cancelling microphones. The Lyte 2.0 is ideal for recording audio content such as podcasts and voice messages and improves the fidelity of phone calls and input for voice assistants like Siri® compared to most built-in smartphone microphones.
· The battery life of the glasses has been improved to 12 hours of music playback and call time per charge, a 50% uplift over the previous model.
· The collection boasts 15 trending eyewear styles crafted by an experienced eyewear design team. 10 styles are available now, with the remaining five in pre-order until their expected availability in March 2023.
· The collection includes optical frames designed specifically for women and petite heads, as part of the company’s initiative to develop smart eyewear for all head shapes and sizes.
· The power and pairing indicator LEDs have been moved to a more discreet location in the inner temple.
· Touch controls now give an audible signal whenever the user adjusts volume or uses the other button functions, such as activating the voice assistant.
· Two new custom hinge types to enable a stronger, more aesthetically pleasing connection from the frontplate to the smart temple.
· Strength of the magnetic charging connection is improved, and the new collection is backwards compatible with the existing Lucyd Dock charger introduced with the original Lyte.
· The glasses use Bluetooth 5.2, providing improved connection stability over the previous 5.1 model.
· The glasses are offered with a new selection of over 20 custom lenses on Lucyd.co, now including gradient sunglasses and the latest cutting-edge Transitions® XTRActive Polarized and Signature Colors lenses.
· All of these features are added whilst maintaining price parity with traditional eyeglasses.
“Simply put, we believe there is no smart eyewear on the market that is as bold, beautiful and functional as the Lucyd Lyte 2.0,” says Harrison Gross, CEO of Innovative Eyewear. “We are in a unique place in history, where time-tested devices like the wristwatch and eyeglasses are being reimagined as onramps into our digital lives. I am grateful and amazed that my team was able to develop smart eyewear that truly delivers on the promise of wearables to make many forms of data and mobile computing easier to access, more natural and seamless. Unlike many companies that produce smart eyewear alongside dozens or hundreds of other products, we are singularly focused on this emerging category to make it useful and exciting for the consumer. I encourage everyone to upgrade their eyewear® with the Lyte 2.0, to see and hear the difference that years of thoughtful and rigorous development on a single core concept can make.”
Watch a video of the new glasses here.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives, and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Tekcapital currently owns 5,189,086 shares (approximately 71%) of Innovative Eyewear, Inc.
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Photos and images courtesy of Innovative Eyewear Inc.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
||
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
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Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
|
||
|
Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
|
Tim Thompson/Andrea Seymour/Fergus Mellon |
|
About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
LEI: 213800GOJTOV19FIFZ85
Forward-Looking Statements
This press release is for informational purposes only. The information herein does not constitute investment advice nor an offer to invest and may contain statements related to our future business and financial performance and future events or developments involving Innovative Eyewear, Inc., Lucyd or Tekcapital that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to customers, stakeholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements may be based on the current expectations and certain assumptions of Tekcapital, Innovative Eyewear Inc. or Lucyd’s management. Please note that these are subject to a number of risks, uncertainties and factors, including, but not limited to those described in various disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Innovative Eyewear Inc., Lucyd and/or Tekcapital may vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Other than as required by relevant regulation or law, neither Innovative Eyewear Inc, Lucyd nor Tekcapital intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
#TEK Tek Capital PLC – Innovative Eyewear New Features for Vyrb App
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica® and Eddie Bauer® brands, is pleased to announce major developments in its Vyrb social audio app, which is in open beta on iOS and Android.
Vyrb is a full social media platform designed for wearables, which offers a suite of tools for creating, sharing and enjoying audio content in a frictionless, handsfree format. Whilst it offers a complete visual interface, the app provides a set of unique handsfree social utilities accessed through voice assistants like Siri®. The company has just completed a powerful new live broadcasting feature called “On Air”, which enables users to create real-time audio chatrooms with up to 100 visitors and multiple active speakers. The company believes this feature will be a useful tool for audio content creators and collaborative work.
“Lucyd Eyewear is not simply another smartglass, it is an evolution in optical eyewear that makes it easier than ever to create and consume audio content,” says Innovative Eyewear CEO Harrison Gross. “We are supporting our hardware platform with audio-focused software to enable seamless communication, content generation and social interaction on our frames as well as other wearables. The introduction of the On Air feature to our Vyrb app is a milestone where we have enhanced the popular and useful real-time chat functionality found in other social apps, by adapting it to an ecosystem purpose-built for wearable communications. Now, Vyrb users will be able to communicate with an expansive team and host live audio events with large audiences. After a user concludes an On Air session, they have the option to save a recording of it on their Vyrb profile and share to other platforms.“
In addition to the On Air feature, Vyrb’s latest release includes an audio upload feature that allows users to port audio files they created outside of Vyrb into the app, mix in sound effects, and share to their profile. This feature enables content creators to quickly upload their audio content library into Vyrb.
Download Vyrb™ on iOS/Mac and Android to explore the beta app. Watch a video of Vyrb in action here.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives, and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Tekcapital currently owns 5,189,086 shares (approximately 71%) of Innovative Eyewear, Inc.
For further information, please contact:
|
Tekcapital Plc |
Via Flagstaff |
|
|
Clifford M. Gross, Ph.D. |
||
|
SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
|
|
Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
|
||
|
Flagstaff Strategic and Investor Communications |
|
+44 (0) 20 7129 1474 |
|
Tim Thompson/Andrea Seymour/Fergus Mellon |
|
About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
LEI: 213800GOJTOV19FIFZ85
Forward-Looking Statements
This press release is for informational purposes only. The information herein does not constitute investment advice nor an offer to invest and may contain statements related to our future business and financial performance and future events or developments involving Innovative Eyewear, Inc., Lucyd or Tekcapital that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to customers, stakeholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements may be based on the current expectations and certain assumptions of Tekcapital, Innovative Eyewear Inc. or Lucyd’s management. Please note that these are subject to a number of risks, uncertainties and factors, including, but not limited to those described in various disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Innovative Eyewear Inc., Lucyd and/or Tekcapital may vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Other than as required by relevant regulation or law, neither Innovative Eyewear Inc, Lucyd nor Tekcapital intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
#TEK Tekcapital Plc – Lucyd – Global Licensing Agreement Nautica Brand
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group is pleased to announce Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge smart eyewear and a subsidiary of portfolio company Lucyd Ltd, has licensed the global lifestyle brand Nautica® for smart eyewear.
“The Nautica smart eyewear line will stay true to the brand essence of bringing the inspiration of the sea into smart eyewear that is modern and innovative,” says Harrison Gross, CEO of Innovative Eyewear, Inc. “Our Nautica® smart eyewear collection, powered by Lucyd®, will align perfectly with today’s lifestyle, as we believe consumers are looking for designer eyewear that allows them to reman connected to their digital lives.”
The Nautica smart eyewear collection is expected to launch for Holiday 2022 or soon thereafter.
About Nautica®
Nautica is a leading global lifestyle brand for men, women, and children, which includes home bedding collections. As a nautical-influenced classic American sportswear brand, we inspire and enable people to experience the joy of water. Nautica is one of the most recognized American brands throughout the world, with over 35 categories available in more than 65 countries with 76 Nautica stores and 291 International stores, and over 1,400 Nautica branded shop in shops worldwide. For more information, please visit https://www.nautica.com/.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of smart eyewear, which are designed to allow the users to remain connected to their digital lives, while also offering prescription eyewear and sun protection. The Company believes that traditional frames, no matter how attractive, do not possess the functionality that many eyeglass wearers need and want. Smart eyewear is a multifunctional product that addresses the needs of the optical, hearables and digital assistant markets. We believe that the Company’s products are well positioned in this rapidly growing wearables ecosystem, with the mission to Upgrade Your Eyewear®. For more information, please visit www.lucyd.co .
Tekcapital currently owns 100% of the share capital of Lucyd Ltd and 5,189,086 shares (approximately 71%) of its U.S. operating subsidiary, Innovative Eyewear, Inc.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
+44 (0) 20 3470 0470 |
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Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)
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Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
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Tim Thompson/Andrea Seymour/Fergus Mellon |
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About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com .