TIDMTEK
Tekcapital plc
07 February 2023
7 Feb 2023
Tekcapital Plc
("Tekcapital", the "Company" or the "Group")
Innovative Eyewear, Inc. Launches 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(R), Nautica(R) and Eddie
Bauer(R) 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(R)
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(R) 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(R) 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(R) , Nautica(R) & Eddie Bauer(R)
brands. True to our mission to Upgrade Your Eyewear(R) , 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.
--
Photos and images courtesy 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.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRANKABDKBKDPBK
(END) Dow Jones Newswires
February 07, 2023 02:00 ET (07:00 GMT)
Grafico Azioni Tekcapital (LSE:TEK)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Tekcapital (LSE:TEK)
Storico
Da Lug 2023 a Lug 2024