Wearable Devices to Demonstrate Spatial Computing Interaction for Smart Glasses at SPIE AR VR MR 2024
30 Janvier 2024 - 1:20PM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), a technology growth company specializing in
AI-powered touchless sensing wearables, today announced its
participation at SPIE Photonics West, a leading global conference
focused on augmented, virtual, and mixed reality (“SPIE”), taking
place in at the Moscone Center San Francisco from Tuesday, January
30 to Wednesday, January 31, 2024. The Company will be located at
booth 6124.
At SPIE, Wearable Devices will demonstrate various new input and
control functionalities available through the Mudra Band, a neural
wristband to control digital devices using touchless hand gestures.
The Mudra Band uses sensors to decipher the neural signal patterns
of the wrist, translating the user’s movement intent into a digital
command for digital devices such as smart glasses, AR and VR
headsets, smart TVs, and more. With this technology, users are able
to navigate, select and interact with elements of their devices
using comfortable and familiar gestures such as pinch, swipe, pinch
and hold, all while remaining in relaxed body postures.
The Company will also present the new Mudra Development Kit
(“MDK”) and its various input modalities, which enhance the user
experience of smart glasses through spatial gesture input. Each MDK
modality can be specifically tailored to offer the optimized user
experience for the Graphical User Interface (GUI): A pointing
device functionality (e.g. computer mouse) to control a cursor for
rich displays, a directional pad (i.e. d-pad) functionality using
swipes for discrete interaction, and a peripheral controller
functionality for tailored-custom user gestures for practical
eyewear devices.
“There has been tremendous growth and progress in AR, VR and MR
device technologies with the launch of multiple new devices in this
space, making the technology more ubiquitous than ever before,”
commented Mr. Ohad Shevily, VP of Product Development at Wearable
Devices Ltd. “With exciting new input modalities, the Mudra
Development Kit offers a plethora of innovative spatial input
solutions for all devices. We offer an intuitive input gesture
control that goes beyond the boundaries of photon electronics and
can be integrated easily into any Bluetooth enabled device.”
"We are excited to attend SPIE for the second time and introduce
our technology that harnesses the power of artificial intelligence
and spatial computing to offer input solutions which can make any
headset lighter, comfortable and simple to use,” added Mr. Shmuel
Barel, the Company’s Chief Marketing Officer. “We believe a
small, stylish, and light weight form factor
device will drive user adoption, and our wearable
solutions are poised to enhance smoothness and accelerate user
engagement and satisfaction with smart glasses.”
To schedule a demo at SPIE 2024 AR | VR | MR conference, please
contact fill the form in the following link:
https://share.hsforms.com/1os_AzAaxRyu4KdnEzrWz5A2z1k6
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 benefits,
capabilities and advantages of our Mudra Band and the MDK, our
ability to drive user adoption, and that our wearable solutions are
poised to reduce barriers and accelerate user engagement and
satisfaction with smart glasses. 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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