WLDSW Wearable Devices Ltd

Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the general availability of its Mudra® Link, the first neural wristband for Android, macOS and Windows devices. The Mudra Link was showcased at CES 2025 and recognized with an Innovation Awards in the XR Technologies & Accessories category.

Together with the Company’s Mudra Band for Apple devices, itself a CES® Best of Innovation award-winner, the Mudra Link represents a new era of touchless control and interaction. The Mudra proprietary Surface Nerve Conductance sensors pick up electromyography signals from subtle finger movements, translating them into intuitive commands for a wide range of devices and applications, including augmented reality (“AR”) glasses, smart TV streamers, mobile phone, tablet and personal computers, and smart home control.

“The Mudra Link reflects Wearable Devices’ commitment to advancing neural interface technology for a seamless and practical user experience,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “As the first neural gesture control device compatible with all the leading operating systems platforms, the Mudra Link greatly expands our market reach and reinforces our role as pioneers in redefining human-machine interaction.”

CNET: The RayNeo X3 Pro Using the Mudra Link is Similar to Meta's Prototype Orion Glasses

As AR, virtual reality (“VR”), and extended reality (“XR”) technologies continue to evolve, the Mudra technology is positioned as a critical enabler for extended reality ecosystems. According to CNET, one of the leading tech magazines, that reviewed the Mudra Link: “Gadgets like these have a bigger reason to exist thanks to the arrival of smart glasses.”

CNET’s reporter highlighted the collaboration between RayNeo™️ and Wearable Devices, drawing comparisons to Meta’s future glasses, saying that, “The RayNeo X3 Pro, a pair of AR glasses, have cameras, enable hand tracking and have dual displays built into the clear lenses in a smaller size. They work with a wrist-worn neural band made by Mudra that, similar to Meta's prototype Orion glasses, can detect small finger movements and use them to control apps.”

A Platform for Developers and Innovators

In addition to its versatility for end-users, the Mudra Development Kit offers corporations, brands, developers and innovators ways to explore wearable gesture control and unlock new use-cases, applications and solutions.

Features of the Mudra Link Include:

• Intuitive Gesture Control: With advanced neural interface technology, Mudra Link captures the smallest movements of a user’s hand and translates them into precise commands.
• Customizable Gestures: Users can make Mudra Link their own by personalizing gestures for their favorite apps, giving them total control over their digital life. It enables the mapping of gestures to specific commands to create customized interactions.
• Compatible with Everything: Whether using iOS, Android, Windows, or macOS, Mudra Link works across platforms, opening up new possibilities for gaming, smart home automation, and even professional tasks.

The Mudra Link is now generally available and can be ordered immediately at https://mudra-band.com/pages/mudra-link-main with shipments expected to commence by the end of January 2025.

About Wearable Devices Ltd.

Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq 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 devices and technology, that the Mudra Link greatly expands our market reach and reinforces our role as pioneers in redefining human-machine interaction, that the Mudra technology is positioned as a critical enabler for extended reality ecosystems and the expected timing for the shipments of Mudra Link. Mudra Link’s ability to expand our market reach and reinforce our role as pioneers in redefining human-machine interaction. 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

Michal Efraty IR@wearabledevices.co.il

Mudra® is a registered trademark of Wearable Devices Ltd. CES® is a registered trademark of the Consumer Technology Association