TIDMTEK
Tekcapital plc
17 October 2023
17 October 2023
Tekcapital Plc
("Tekcapital")
Innovative Eyewear, Inc. Launches
the Lyte XL Smart Eyewear Collection
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, announced a new collection of smart
eyewear with enhanced features and comfort. The Lyte XL collection
launched today on Lucyd.co and Amazon.com.
The Lyte XL collection introduces several groundbreaking
improvements to the Company's core product line, including the
following:
-- Six new styles of smart eyewear featuring a mix of modern and
classic shapes, and the return of metal aviators to the Lucyd
lineup.
-- Improved audio and call quality, making the glasses more enjoyable for a variety of use cases.
-- Patent-pending spring hinges for more comfortable and
wide-ranging fits, and improved frame durability.
-- A thinner Bluetooth temple with improved ergonomics.
-- New frame lengths and widths for larger head sizes.
-- New 99% post-consumer recycled packaging and user manual
displaying important product info in five major languages.
-- All styles are available in the full range of 50+ custom and
prescription lenses offered on Lucyd.co.
Harrison Gross, CEO of Innovative Eyewear Inc., commented:
"The Lyte XL collection is the culmination of years of smart
eyewear R&D, and addresses several key points of consumer
feedback on our products. We are very pleased to present our most
comfortable, best-sounding and most durable smart eyewear yet. We
are continuing to enhance the Lucyd line to deliver the most
comfortable, functional, and fashionable smart eyewear. Be sure to
download our free Lucyd app to access the power of ChatGPT on our
smart eyewear."
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 Lyte XL Smart Eyewear
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
NRABLBDGSXBDGXL
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October 17, 2023 02:00 ET (06:00 GMT)
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