MIAMI, Jan. 5, 2024
/PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or
the "Company") (NASDAQ: LUCY; LUCYW), the developer and seller of
smart eyewear and IngenioSpec LLC a developer of smart eyewear are
pleased to announce a license agreement and settlement covering
multiple IngenioSpec smart eyewear patents (IP).
Harrison Gross, CEO of Innovative
Eyewear, said "We are pleased to have entered into a license
agreement with IngenioSpec. This multi-year. non-exclusive license
includes patents directed to a wide variety of smart eyewear
features which we may include in our future products. We believe
the combination of this IP with Innovative Eyewear's current
portfolio of 63 owned and exclusively licensed patents and
applications, provides a potential competitive advantage for us in
the smart eyewear marketplace."
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer of cutting-edge ChatGPT
enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and
Reebok® 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.
Forward Looking Statements
This press release contains certain forward-looking statements,
including those relating to the license agreement and any dispute
resolution. Forward-looking statements are based on the Company's
current expectations and assumptions. The Private Securities
Litigation Reform Act of 1995 provides a safe-harbor for
forward-looking statements. These statements may be identified by
the use of forward-looking expressions, including, but not limited
to, "anticipate," "believe," "continue," "estimate," "expect,"
"future," "intend," "may," "outlook," "plan," "potential,"
"predict," "project," "should," "will," "would" and similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters, but the absence of
these words does not mean that a statement is not forward-looking.
The Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future events or otherwise. Important factors that could cause
actual results to differ materially from those in the
forward-looking statements are set forth in the Company's filings
with the Securities and Exchange Commission, including its annual
report on Form 10-K under the caption "Risk Factors."
Investor Relations Contacts:
Innovative Eyewear Inc.
Scott Powell
Skyline Corporate Communications Group, LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com
IngenioSpec LLC
Angela Nijim
info@ingeniospec.com
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SOURCE Innovative Eyewear Inc.