Wearable Devices Files U.S. Patent for Touchless Pinch-to-Zoom Interaction in AR Wearables
30 Novembre 2023 - 2:10PM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), a technology growth company specializing in
AI-powered touchless sensing wearables, announced today that it has
filed a patent application with the U.S. Patent and Trademark
Office (USPTO) for continued parameter adjustment using hand and
wrist gestures of augmented reality (AR) wearables such as AR and
virtual reality (VR) headsets.
Pinch-to-zoom introduces a sophisticated gesture-based interface
that replicates the same intuitive action universally recognized in
smartphone use. In “Heads up Display” (HUD) devices such as AR and
VR headsets, adjustment of parameters like zooming in and out,
volume control, and brightness are cumbersome and require the full
movement of the hands or the use of both hands. The Company’s new
patent enables the use of the familiar pinch-to-zoom function on AR
and VR devices using only one hand while eliminating the need for
physical touch.
Guy Wagner, Chief Scientist Officer and co-founder of Wearable
Devices, commented, “We are introducing a significant leap forward
for the wearable technology industry with the application for
patent covering a gesture control solution that seamlessly
integrates with AR and VR wearable devices. The adoption rate of
new technologies such as AR and VR headsets is known to be limited
by the capabilities of the user interface and experience with these
devices. By allowing users to access a familiar and comfortable
interaction with new technologies, we believe that we are
significantly enhancing the adoptability of these devices.”
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, 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 ordinary shares and warrants trade on the
Nasdaq market under the symbol “WLDS” and “WLDSW”,
respectively.
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 the ability of our
solutions to enhance the adoptability of new technologies. 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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