TIDMTEK
Tekcapital plc
17 November 2023
17 November 2023
Tekcapital Plc
("Tekcapital")
Innovative Eyewear, Inc. Launches Upgraded Charging Dock
for ChatGPT Enabled Smart Eyewear
Tekcapital Plc (AIM: TEK), the UK intellectual property
investment group announces that Innovative Eyewear, Inc.
("Innovative Eyewear") (NASDAQ: LUCY; LUCYW), the developer of
ChatGPT smart eyewear under the Lucyd(R), Nautica(R), Eddie
Bauer(R) and Reebok(R) brands, launched a new edition of the
Company's patent-pending Lucyd Dock ("Dock") product for its smart
eyewear.
The Lucyd Dock is a first-of-its-kind charging accessory for
smart eyewear. Users can simply drop Lucyd Lyte eyewear on the Dock
to charge, just as they would drop traditional glasses on the
nightstand or desk before bed.
According to Innovative Eyewear, several core improvements have
been added to the Dock 2.0, while maintaining the manufacturer's
suggested retail price of US$34.99. The new features include:
-- Cordlessly connects to all Lucyd Lyte models with new auto-adjusting magnetic contacts.
-- Works with all Lucyd models including petite, medium and new XL pairs.
-- Indicator light turns on when charging and shuts off when charging complete.
-- Two USB-A and one USB-C charging port to simultaneously
charge your smartphone, smartwatch and other devices in addition to
Lucyd Lyte.
-- USB data capability so you can use the Dock as a USB hub for
your computer - read flash drives, connect your mouse and keyboard,
and more.
-- More compact and travel-friendly than the Dock 1.0.
-- New 99% post-consumer recycled packaging with 5-language product info for global sales.
Harrison Gross, CEO of Innovative Eyewear Inc., commented:
"We are closer than ever to our goal of the world's most
user-friendly smartglasses with the launch of the Lucyd Dock 2.0. I
am confident our customers will enjoy using the Dock to keep their
various devices charged and their cables more neatly organized. By
adding the new USB data functionality enabling the Dock to be used
as a USB hub for computers, we have made it even more of a
must-have accessory for our smart eyewear customers."
The new Dock, works with all models of Lucyd Lyte eyewear and is
available at www.Lucyd.co . The new Dock will also be offered to
Innovative Eyewear's wholesale and retail distribution
partners.
To see Lucyd Lyte and its seamless voice access to ChatGPT in
action, watch the new video .
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer of cutting-edge ChatGPT
enabled smart eyewear, under the Lucyd(R), Nautica(R), Eddie
Bauer(R) and Reebok(R) brands. True to our mission to Upgrade Your
Eyewear(R), our Bluetooth audio glasses allow users to stay safely
and ergonomically connected to their digital lives and are offered
in hundreds of frame and lens combinations to meet the needs of the
optical market. To learn more and explore our continuously evolving
collection of smart eyewear, please visit www.lucyd.co .
Lucyd glasses placed on the Dock to charge
Photo courtesy of Innovative Eyewear Inc.
Tekcapital currently owns 5,189,086 shares of Innovative
Eyewear, Inc. (approximately 40%).
For further information, please contact:
Tekcapital Plc Via Flagstaff
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP
(Nominated Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison/Charlie Bouverat (Corporate
Finance)/Abigail Wayne / Rob Rees (Corporate
Broking)
Fagstaff Strategic and Investor Communications +44 (0) 20 7129 1474
Tim Thompson/Andrea Seymour/Fergus Mellon
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com .
LEI: 213800GOJTOV19FIFZ85
Forward-Looking Statements
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving Innovative Eyewear, Inc., Lucyd or
Tekcapital that may constitute forward-looking statements. These
statements may be identified by words such as "expect," "look
forward to," "anticipate" "intend," "plan," "believe," "seek,"
"estimate," "will," "project" or words of similar meaning. We may
also make forward-looking statements in other reports, in
presentations, in material delivered to customers, stakeholders and
in press releases. In addition, our representatives may from time
to time make oral forward-looking statements. Such statements may
be based on the current expectations and certain assumptions of
Tekcapital, Innovative Eyewear Inc. or Lucyd's management. Please
note that these are subject to a number of risks, uncertainties and
factors, including, but not limited to those described in various
disclosures. Should one or more of these risks or uncertainties
materialize, or should underlying expectations not occur or
assumptions prove incorrect, actual results, performance or
achievements of Innovative Eyewear Inc., Lucyd and/or Tekcapital
may vary materially from those described explicitly or implicitly
in the relevant forward-looking statement. Other than as required
by relevant regulation or law, neither Innovative Eyewear Inc,
Lucyd nor Tekcapital intends, nor assumes any obligation, to update
or revise these forward-looking statements in light of developments
which differ from those anticipated.
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END
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(END) Dow Jones Newswires
November 17, 2023 02:00 ET (07:00 GMT)
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