Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology
11 Octobre 2024 - 2:50PM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), a technology growth company specializing in
artificial intelligence (“AI")-powered touchless sensing wearables,
today announced the official launch of its Mudra Band
on Walmart.com (“Walmart”). This exciting development brings
the Company’s innovative neural-based gesture control technology to
one of the largest retail platforms in the world, making it more
accessible to millions of Apple users in the United States.
This launch on Walmart aligns with Wearable Devices’ strategic
goal of expanding its presence across major U.S. retail platforms.
Following the successful introduction of the Mudra Band on Amazon,
this move significantly broadens the Company's market reach. By
being available on Walmart, Wearable Devices is enabling a wider
audience to experience next-level gesture control and enhancing its
brand recognition in the U.S. market.
The Mudra Band, designed specifically for Apple Watch, allows
users to interact with their Apple devices—such as the iPhone,
iPad, Apple TV, and MacBook—using simple hand gestures. By
harnessing neural signals and translating them into commands, users
can control their devices without needing to touch the screen,
providing a seamless and innovative user experience.
Key Features of the Mudra Band:
- Hands-Free Control: Perform common
actions—like swiping, tapping, or scrolling—using simple neural
gestures without touching your device.
- Apple Ecosystem Compatibility: Fully
integrated with iPhone, iPad, Apple TV and MacBook, creating a
smooth user experience across Apple’s product ecosystem.
- Advanced Neural Interface: Utilizes AI-powered
technology to translate neural signals into device commands,
allowing effortless control.
- Enhanced Accessibility: Perfect for users
looking for touchless control solutions, whether for convenience or
multitasking.
Asher Dahan, Chief Executive Officer of Wearable Devices,
stated: “Launching the Mudra Band on Walmart represents a
significant step forward in expanding the reach of our technology.
This retail collaboration allows us to introduce our AI-powered
neural interface to a wider audience, enabling more users to
experience the future of touchless device interaction.”
For more information and to purchase the Mudra Band, visit
Wlamart.com or Wearable Devices' official page.
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 symbols
“WLDS” and “WLDSW”, respectively.
Forward-Looking Statement Disclaimer
This 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 and
advantages of our Mudra Band and collaboration with Walmart and our
strategic goal of expanding our presence across major U.S. retail
platforms. 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: 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, 2023, filed on March 15, 2024 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 Frank IMS Investor Relations 203.972.9200
wearabledevices@imsinvestorrelations.com
Wearable Devices (NASDAQ:WLDSW)
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