Wearable Devices to Attend The 2023 Consumer Electronic Show - Yahoo Finance

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YOKNEAM ILLIT, ISRAEL, Dec. 22, 2022 (GLOBE NEWSWIRE) --  Wearable Devices Ltd. (Nasdaq: WLDS) (“Wearable Devices” oregon the “Company”), a maturation institution processing a non-invasive neural interface exertion for B2B and B2C customers, contiguous announced that it volition be the Consumer Electronics Show (“CES”), which volition instrumentality spot successful Las Vegas from January 5 until January 8, 2023. The Company volition beryllium presenting astatine Tech West successful the Venetian Expo astatine booth 54505.

At CES, the Company volition contiguous its innovative existing and caller B2B and B2C solutions.

At the CES, B2B companies volition person the accidental to research Wearable Devices’ neural input exertion hardware and bundle and its integration options for user electronics devices, including the Company’s Mudra exertion that offers caller bid and power interface options for galore products and industries, including smartwatches, mobile phones, AR glasses, virtual reality, manufacture 4.0, athletics analytics, astute homes, robotics, and more.

The Company’s B2C product, the Mudra Band for Apple Watch, was recognized arsenic a 2021 CES Innovation Award Honoree and won the 2021 CES Best Wearable Award. The set is an aftermarket accessory for the Apple Watch that allows for the touchless cognition and power of the user’s iPhone and further connected devices utilizing earthy and intuitive manus and digit movements. Attendees astatine the 2023 CES volition person the accidental to sojourn the Company’s booth and interact with the Mudra Band for the archetypal clip ever.

Asher Dahan, Chief Executive Officer of Wearable Devices, commented, “We are excited to be CES successful Las Vegas for the 5th clip and to contiguous our exertion to the tens of thousands of radical expected astatine the conference. CES is 1 of the premier tech events successful the satellite and provides an invaluable level for america to show our B2B and B2C products. We already person a precise progressive docket that includes meetings with starring companies crossed respective verticals that tin straight payment from our products, and we promote anyone attending to sojourn our booth and acquisition our exertion for themselves.”

To docket a B2B gathering oregon a Mudra Band demo delight interaction Mr. Shmuel Barel, the Company’s Chief Marketing Officer, astatine shmuel.barel@wearabledevices.co.il

About Wearable Devices Ltd.

Wearable Devices Ltd. a maturation institution processing a non-invasive neural input interface exertion successful the signifier of a wrist wearable set for controlling integer devices utilizing subtle digit movements. Our company’s imaginativeness is to make a satellite successful which the user’s manus becomes a cosmopolitan input instrumentality for touchlessly interacting with technology, and we judge that our exertion is mounting the modular input interface for the Metaverse. Since our exertion was introduced to the market, we person been moving with some Business-to-Business and Business-to-Consumer customers arsenic portion of our push-pull strategy. Combining our ain proprietary sensors and Artificial Intelligence, oregon AI, algorithms into a stylish wristband, our Mudra level enables users to power integer devices done subtle digit movements and manus gestures, without carnal interaction oregon contact. For much information, visit https://www.wearabledevices.co.il/.

Forward-Looking Statements

This property merchandise contains “forward-looking statements” wrong the meaning of Section 27A of the Securities Act of 1933, arsenic amended, and Section 21E of the Securities Exchange Act of 1934, arsenic amended, that are intended to beryllium covered by the “safe harbor” created by those sections. Forward-looking statements, which are based connected definite assumptions and picture our aboriginal plans, strategies and expectations, tin mostly beryllium identified by the usage of forward-looking presumption specified arsenic “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” oregon different comparable terms. For example, we are utilizing forward-looking statements erstwhile we sermon our plans to be the 2023 CES and contiguous our technology. All statements different than statements of humanities facts included successful this property merchandise regarding our strategies, prospects, fiscal condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither humanities facts nor assurances of aboriginal performance. Instead, they are based lone connected our existent beliefs, expectations and assumptions regarding the aboriginal of our business, aboriginal plans and strategies, projections, anticipated events and trends, the system and different aboriginal conditions. Because forward-looking statements subordinate to the future, they are taxable to inherent uncertainties, risks and changes successful circumstances that are hard to foretell and galore of which are extracurricular of our control. Our existent results and fiscal information whitethorn disagree materially from those indicated successful the forward-looking statements. Therefore, you should not trust connected immoderate of these forward-looking statements. Important factors that could origin our existent results and fiscal information to disagree materially from those indicated successful the forward-looking statements include, among others, the following: our quality to successfully marketplace our products and services; the acceptance of our products and services by customers; our continued quality to wage operating costs and quality to conscionable request for our products and services; the magnitude and quality of contention from different information and telecom products and services; the effects of changes successful the cybersecurity and telecom markets; our quality to successfully make caller products and services; our occurrence establishing and maintaining collaborative, strategical confederation agreements, licensing and supplier arrangements; our quality to comply with applicable regulations; and the different risks and uncertainties described successful the preliminary prospectus dated September 30, 2022 and our different filings with the Securities and Exchange Commission. We undertake nary work to publically update immoderate forward-looking statement, whether written oregon oral, that whitethorn beryllium made from clip to time, whether arsenic a effect of caller information, aboriginal developments oregon otherwise.

Investor Relations Contact

John Nesbett/Jennifer Belodeau
IMS Investor Relations
203.972.9200
wearabledevices@imsinvestorrelations.com

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