Apple Watch Users Received The First Wearable Devices Mudra Bands
05 Settembre 2023 - 2:30PM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), a technology growth company specializing in
AI-powered touchless sensing wearables, announced the first batch
delivery of its highly anticipated consumer electronics product,
the Mudra Band, to its customers. This milestone marks a
significant achievement for the Company and a momentous occasion
for tech enthusiasts and Apple customers everywhere.
The Mudra Band is an AI-powered aftermarket product that
connects with the Apple Watch and uses neural signals from the
wrist to translate movement intent to digital command. The user can
control the iPhone, iPad, Mac and AppleTV using its Air-Touch
functionality that enables the use of subtle finger movements for
point, click, and drag & drop interactions.
The custom Apple Watch face allows seamless switch and toggle
between the above mentioned Apple Ecosystem products and additional
paired bluetooth devices. The Mudra Band iOS app features a world
novelty – the user can view surface nerve conductance (SNC) neural
signals live and in real-time.
“This is a pivotal moment in the growth of our Company as we
commence delivery of our first manufacturing batch of the Mudra
Band to preorder customers. We are delivering a groundbreaking
product and ushering in a new era of innovation for Wearable
Devices,” commented Asher Dahan, Chief Executive Officer of
Wearable Devices. “The Mudra Band is setting the standard for
human-computer interaction, with natural and familiar gestures that
allow users to interact with devices in a relaxed spatial body
posture. We are very pleased to have achieved this milestone, and
remain committed to setting the input standard for extended reality
experiences, and providing groundbreaking solutions that enhance
the way people live, work, and play.”
About Wearable Devices Ltd.Wearable
Devices Ltd. is a growth company developing AI-based neural input
interface technology for the B2C and B2B markets. The Company’s
flagship product, the Mudra Band for Apple Watch, integrates
innovative AI-based technology and algorithms into a functional,
stylish wristband that utilizes proprietary sensors to identify
subtle finger and wrist movements allowing the user to
“touchlessly” interact with connected devices. The Company also
markets a B2B product, the Mudra Inspire, which utilizes the same
technology and functions as the Mudra Band and is available to
businesses on a licensing basis. Wearable Devices Is committed to
creating disruptive, industry leading technology that leverages AI
and proprietary algorithms, software, and hardware to set the input
standard for the Extended Reality, one of the most rapidly
expanding landscapes in the tech industry. The Company’s common
stock trades on the Nasdaq market under the symbol “WLDS”.
Forward-Looking Statement DisclaimerThis press
release contains “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, that are
intended to be covered by the “safe harbor” created by those
sections. Forward-looking statements, which are based on certain
assumptions and describe our future plans, strategies and
expectations, can generally be identified by the use of
forward-looking terms such as “believe,” “expect,” “may,” “should,”
“could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate”
or other comparable terms. For example, we are using
forward-looking statements when we discuss thebenefits,
capabilities and advantages of our Mudra Band and the Company’s
position and future growth in the field of human-computer
interaction. All statements other than statements of historical
facts included in this press release regarding our strategies,
prospects, financial condition, operations, costs, plans and
objectives are forward-looking statements. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include, among others, the
following: our use of proceeds from the offering; the trading of
our ordinary shares or warrants and the development of a liquid
trading market; our ability to successfully market our products and
services; the acceptance of our products and services by customers;
our continued ability to pay operating costs and ability to meet
demand for our products and services; the amount and nature of
competition from other security and telecom products and services;
the effects of changes in the cybersecurity and telecom markets;
our ability to successfully develop new products and services; our
success establishing and maintaining collaborative, strategic
alliance agreements, licensing and supplier arrangements; our
ability to comply with applicable regulations; and the other risks
and uncertainties described in our annual report on Form 20-F for
the year ended December 31, 2022, filed on March 22, 2023 and our
other filings with the SEC. We undertake no obligation to publicly
update any forward-looking statement, whether written or oral, that
may be made from time to time, whether as a result of new
information, future developments or otherwise.
Investor Relations Contact
Walter FrankIMS Investor
Relations203.972.9200wearabledevices@imsinvestorrelations.com
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