Wearable Devices Introduces New Revolutionary "Spatial Depth" Control in Latest Air Mouse Innovation
06 Février 2024 - 3:00PM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), a technology growth company specializing in
AI-powered touchless sensing wearables, today announced the launch
of a new revolutionary Air-Touch functionality which allows users
to use the Company’s Mudra Band for depth navigation, adding an
extra dimension to user interactions.
Adding depth to navigation enhances user interactions by
allowing more intuitive control. This is particularly useful in
spatial computing applications, where perception is important in
rich 3-dimensional environments. It provides a more immersive
experience, enabling users to interact with 3-dimensional elements
in digital space, making tasks more natural and efficient.
The new spatial depth control utilizes engineering breakthroughs
in algorithms, firmware, software and user experience research,
allowing users to go beyond the conventional 2D plane surface of
the display and also seamlessly explore in the depth axis. This
breakthrough technology opens a myriad of possibilities for a more
immersive and intuitive user experience.
The Company unveiled the spatial depth control at CES 2024,
where visitors to the Company’s booth used the Mudra Band for Apple
Watch, the Company’s neural input wristband which controls Apple
eco-system devices using spatial gestures, to play a slingshot type
game, where users aimed at a target and moved left and right, then
pulled back a virtual pouch in the depth axis thus stretching the
band, and then released the pouch to hit the target with loaded
ball. A video of the new feature and slingshot game can be viewed
in this link: https://www.youtube.com/watch?v=MU_-PiyG4kk
"We are thrilled to herald a new era in spatial gestures
technology by fusing motion sensors with our proprietary surface
nerve conductance sensors. The ability to navigate in the depth
axis opens a realm of potentialities, and is a testament of our
commitment to pushing technological boundaries and delivering
innovative solutions to enhance user interactions,” commented Asher
Dahan, Chief Executive Officer of Wearable Devices. “As we enter
the new frontier of spatial computing, our Company is committed to
providing the most natural and intuitive gesture control, thus
confirming our Company’s mission of setting the input standard for
extended reality experiences.”
About Wearable Devices Ltd.
Wearable Devices Ltd. is a growth company developing AI-based
neural input interface technology for the business-to-consumer
(“B2C”) and business-to-business (“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 the use of Mudra Band for depth
navigation. 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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