Tekcapital plc Lucyd launch of new bluetooth-enabled Glasses (2178A)
20 Janvier 2020 - 8:00AM
UK Regulatory
TIDMTEK
RNS Number : 2178A
Tekcapital plc
20 January 2020
Tekcapital Plc
("Tekcapital", the "Company" or the "Group")
Portfolio Company Update
Lucyd(R) to Launch New Loud 3.0 Bluetooth-enabled Glasses
20 January 2020
Tekcapital plc (AIM: TEK), the UK intellectual property
investment group focused on creating marketplace value from
investing in university technology, is very pleased to announce
that its portfolio company Lucyd Ltd ("Lucyd"), the smartglass
developer and operator of a eShop for tech eyewear, is launching
their third line of Lucyd Loud Bluetooth(R) glasses on 27 January
2020. These prescription compatible, audio glasses offer enhanced
sound quality, comfort and style at an attractive price.
Lucyd Loud eyewear is its most advanced entry in the wearables
market, that adds useful smart features to eyeglasses in a form
factor similar to traditional spectacles. Lucyd focuses on
ergonomics and utility in their products and is one of the first
companies to deliver prescription smartglasses. The goal of Lucyd
Loud is to enable the user to live more freely and conveniently, by
making many important smartphone functions available with a simple
tap on their glasses. In addition to making calls and listening to
music, with digital assistants like Siri(R) and Google Voice(R),
Lucyd Loud enables the wearer to summon a rideshare driver, send
funds and get directions handsfree.
Harrison Gross, CEO of Lucyd said, "We are extremely excited to
bring this new line of enhanced eyewear to the glasses-wearing
public. We have taken in a huge amount of feedback and user stories
on our previous models and used this information to catalyze our
development of Loud 3.0. It is my firm belief that these new
smartglasses represent a significant leap over other options in the
space, with their superior combination of quality, prescription
adaptability and price."
To view Loud 3.0 in action please visit:
https://youtu.be/QBRdpD3PQxQ
Dr Clifford Gross, Executive Chairman at Tekcapital, commented:
"We are very glad to see the continuous development of Lucyd's
products and brand as it seeks to capitalize on its first-mover
advantage in providing prescription, Bluetooth enabled
eyewear."
About Lucyd
Lucyd operates an innovative global eShop that provides advanced
eyewear to enhance the visual experience. To learn more, please
visit Lucyd.co.
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed intellectual properties and provides a range
of IP investment services to make it easy for organisations to
commercialise university-developed technology. Tekcapital is quoted
on the AIM market of the London Stock Exchange (AIM: symbol TEK)
and is headquartered in Oxford, in the UK. For more information,
please visit www.tekcapital.com.
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:
Tekcapital Plc Via Flagstaff IR
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP (Nominated
Adviser and Joint Broker) +44 (0) 20 3470 0470
Richard Morrison / Charlie Bouverat (Corporate
Finance)
Novum Securities Limited (Joint Broker) +44 (0) 20 7399 9427
Colin Rowbury (Corporate Broking)
Flagstaff Strategic and Investor Communications +44 (0)207 129
1474
Tim Thompson/Andrea Seymour/Fergus Mellon
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 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 Lucyd's management. Please
note that these stetments are subject to a number of risks,
uncertainties and factors, including, but not limited 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 Lucyd or Tekcapital may vary materially from
those described explicitly or implicitly in the relevant
forward-looking statement. Neither 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 RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. 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.
END
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