Wearable Devices Unveils New Bidirectional Unity Plugin Compatible with Mudra Inspire Product
29 Junho 2023 - 9:00AM
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
completion of the development of its new bidirectional plugin for
Unity, a game engine supporting desktop, mobile, console, virtual
reality (VR) and augmented reality (AR) platforms, establishing a
live communication channel between the Unity game engine and the
Mudra Inspire neural input wristband. The innovative plugin
integrates touchless interaction and control into Unity supported
platforms, expanding software development opportunities and
enabling commercial companies and enterprises to create
increasingly customized experiences for their users.
The plugin represents a significant milestone in Wearable
Devices’ commitment to providing powerful tools to unlock the
potential of touchless interaction experiences for human-computer
interactions and extended reality experiences through wearables.
The plugin supports both iOS and Android operating systems.
The key benefits and features of the plugin include:
- Versatile integration capabilities: with the plugin,
integrating touchless interaction and control functionalities is
now instant and effortless.
- Various gesture type schemes: the plugin grants access to a
wide range of functions, including discrete, continuous, and
air-touch gesture types.
- Familiar gestures using relaxed spatial body postures: the use
of subtle finger movements for point, click, and drag and drop
commands are used for tap to select, pinch to scroll, swipe, slide
to unlock, and navigate to any area of interest.
- Real-time bidirectional communication: the plugin establishes a
live communication channel between Unity and the Mudra Inspire
neural wristband, facilitating the transmission of precise gesture
data in real-time for seamless interaction and
synchronization.
“This new plugin represents a significant leap forward in
enhancing interactivity and pushing the boundaries of user
experiences as well as significantly expanding our potential target
customer base. We are delighted to offer this new Unity plugin to
potential B2B business partners, thus providing them with an easy
way to integrate touchless spatial interactions into their products
and services," commented Asher Dahan, Chief Executive Officer of
Wearable Devices. “Our AI-based neural input wristband offers a
natural way to capture gesture intent which does not mandate users
to hold physical objects or be within the field of view of a
gesture camera.”
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, the Mudra Inspire, 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 common
stock trades on the Nasdaq market under the symbol “WLDS”.
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 potential of the
bidirectional unity plugin to enhance interactivity of products and
services and the expansion of our target customer base. 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 Frank IMS Investor Relations
203.972.9200wearabledevices@imsinvestorrelations.com
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