TIDMTEK
Tekcapital plc
13 December 2023
13 December 2023
Tekcapital Plc
("Tekcapital")
Innovative Eyewear, Inc. Announces the 2.0 Release
of its Android ChatGPT App for Smart Eyewear
Tekcapital Plc (AIM: TEK), the UK intellectual property
investment group announces that Innovative Eyewear, Inc.
("Innovative Eyewear") (NASDAQ: LUCY; LUCYW), the developer of
smart eyewear under the Lucyd(R), Nautica(R), Eddie Bauer(R) and
Reebok(R) brands, is pleased to announce a key update to the
Company's Lucyd app for Android, the first app to enable a voice
interface for ChatGPT.
The launch of the 2.0 update delivers powerful new features and
usability improvements, following similar upgrades made to the iOS
version earlier this year.
-- A ChatGPT toolbox has been added to the app with the
following capabilities: the ability to write a paragraph of text
from a voice prompt, translate English into Spanish, synopsize long
tracts of text, improve the readability of text, generate an email
with a prompt, and analyze the emotion of text. These tools use
pre-specified parameters to generate useful types of analysis and
copywriting from ChatGPT more rapidly.
-- An updated visual interface, with smoother graphics and
intuitive controls for a more user-friendly experience.
-- Textual chat responses to queries now appear in an updated
stream format.
-- The voice quality of the app's text-to-speech functionality
has been improved.
-- The sharing feature has been updated to include the ability
to export ChatGPT responses to email, SMS and social apps.
-- Additionally, the app is in the final stages of approval with
Google for enabling handsfree Google Voice access to ChatGPT on
Lucyd Eyewear. This final feature of the 2.0 update is expected to
go live later this month.
To see the Lucyd app in action, please watch the new video here
.
To download the new Lucyd app for Android visit the Google Play
Store .
Harrison Gross, CEO of Innovative Eyewear Inc., commented:
"We are excited to launch the new version of the Lucyd app for
Android, which powers seamless voice access to ChatGPT on Lucyd
eyewear. The new state-of-the-art interface makes the world's most
popular AI language model easier to use than ever on our glasses
and while on the go. We look forward to introducing additional
features, a shop, and a pro version of the app in the near future.
We also anticipate making the app a hub for connecting to multiple
AI systems through our glasses with voice control, as outlined in
our pending utility patent on the app. We believe this will deliver
more functionality to our community and foster the development of
an additional revenue stream from users of other "hearables" that
want seamless voice access to ChatGPT."
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer of cutting-edge ChatGPT
enabled smart eyewear, under the Lucyd(R), Nautica(R), Eddie
Bauer(R) and Reebok(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 .
Lucyd Lyte Smart Eyewear Powered with ChatGPT
Photo courtesy of Innovative Eyewear Inc.
Tekcapital currently owns 5,189,086 shares of Innovative
Eyewear, Inc. (approximately 40%).
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)
Fagstaff 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.
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