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Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology

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Wearable Devices (Nasdaq: WLDS) has announced the launch of its Mudra Band for Apple Watch on Walmart.com, expanding access to its AI-powered touchless sensing wearable technology. This strategic move follows the product's successful introduction on Amazon and aligns with the company's goal of broadening its presence across major U.S. retail platforms.

The Mudra Band allows users to control Apple devices such as iPhone, iPad, Apple TV, and MacBook using simple hand gestures, without touching the screen. It utilizes neural signals translated into commands, offering a seamless and innovative user experience. Key features include hands-free control, Apple ecosystem compatibility, advanced neural interface, and enhanced accessibility for users seeking touchless control solutions.

This launch on Walmart.com significantly increases Wearable Devices' market reach, making its technology accessible to millions of Apple users in the United States and enhancing its brand recognition in the U.S. market.

Wearable Devices (Nasdaq: WLDS) ha annunciato il lancio del suo Mudra Band per Apple Watch su Walmart.com, ampliando l'accesso alla sua tecnologia indossabile di rilevamento senza contatto alimentata dall'IA. Questa mossa strategica segue l'introduzione di successo del prodotto su Amazon e si allinea con l'obiettivo dell'azienda di espandere la sua presenza su importanti piattaforme di vendita al dettaglio degli Stati Uniti.

Il Mudra Band consente agli utenti di controllare dispositivi Apple come iPhone, iPad, Apple TV e MacBook utilizzando semplici gesti della mano, senza toccare lo schermo. Sfrutta segnali neurali tradotti in comandi, offrendo un'esperienza utente fluida e innovativa. Le caratteristiche chiave includono controllo a mani libere, compatibilità con l'ecosistema Apple, interfaccia neurale avanzata e accessibilità migliorata per gli utenti che cercano soluzioni di controllo senza contatto.

Questo lancio su Walmart.com aumenta significativamente la portata di mercato di Wearable Devices, rendendo la sua tecnologia accessibile a milioni di utenti Apple negli Stati Uniti e migliorando il riconoscimento del suo marchio nel mercato statunitense.

Wearable Devices (Nasdaq: WLDS) ha anunciado el lanzamiento de su Mudra Band para Apple Watch en Walmart.com, ampliando el acceso a su tecnología de detección sin contacto impulsada por IA. Este movimiento estratégico sigue la exitosa introducción del producto en Amazon y se alinea con el objetivo de la empresa de ampliar su presencia en importantes plataformas minoristas de EE. UU.

El Mudra Band permite a los usuarios controlar dispositivos Apple como iPhone, iPad, Apple TV y MacBook utilizando simples gestos de la mano, sin tocar la pantalla. Utiliza señales neurales traducidas en comandos, ofreciendo una experiencia de usuario fluida e innovadora. Entre las características clave se incluyen control sin manos, compatibilidad con el ecosistema de Apple, interfaz neural avanzada y mayor accesibilidad para los usuarios que buscan soluciones de control sin contacto.

Este lanzamiento en Walmart.com aumenta significativamente el alcance de mercado de Wearable Devices, haciendo que su tecnología sea accesible para millones de usuarios de Apple en los Estados Unidos y mejorando el reconocimiento de su marca en el mercado estadounidense.

웨어러블 디바이스(Wearable Devices, Nasdaq: WLDS)는 월마트(Walmart.com)에서 애플 워치용 무드라 밴드(Mudra Band)의 출시를 발표하며 AI 기반의 비접촉 감지 웨어러블 기술에 대한 접근성을 확장했습니다. 이 전략적 조치는 아마존(Amazon)에서의 성공적인 제품 소개에 이어 이루어졌으며, 미국 주요 소매 플랫폼에서의 존재감을 확대하려는 회사의 목표와 일치합니다.

무드라 밴드는 사용자가 아이폰(iPhone), 아이패드(iPad), 애플TV(Apple TV) 및 맥북(MacBook)과 같은 애플 장치를 스크린을 터치하지 않고 간단한 손동작으로 제어할 수 있도록 해줍니다. 신경 신호를 명령으로 변환하여 원활하고 혁신적인 사용자 경험을 제공합니다. 주요 기능으로는 핸즈프리 제어, 애플 생태계 호환성, 고급 신경 인터페이스, 그리고 향상된 접근성이 포함됩니다, 이는 비접촉 제어 솔루션을 원하는 사용자들을 위한 것입니다.

월마트.com에서의 이번 출시는 웨어러블 디바이스의 시장 범위를 획기적으로 늘여, 미국 내 수백만 애플 사용자들에게 기술을 제공하고 브랜드 인지도를 높이는 데 기여합니다.

Wearable Devices (Nasdaq: WLDS) a annoncé le lancement de son Mudra Band pour Apple Watch sur Walmart.com, élargissant ainsi l'accès à sa technologie portable de détection sans contact alimentée par l'IA. Ce mouvement stratégique fait suite à l'introduction réussie du produit sur Amazon et s'aligne sur l'objectif de l'entreprise d'élargir sa présence sur les principales plateformes de vente au détail américaines.

Le Mudra Band permet aux utilisateurs de contrôler des appareils Apple tels que l'iPhone, l'iPad, l'Apple TV et le MacBook en utilisant de simples gestes de la main, sans toucher l'écran. Il utilise des signaux neuronaux traduits en commandes, offrant une expérience utilisateur fluide et innovante. Les principales caractéristiques comprennent le contrôle mains libres, la compatibilité avec l'écosystème Apple, une interface neuronale avancée et une accessibilité améliorée pour les utilisateurs recherchant des solutions de contrôle sans contact.

Ce lancement sur Walmart.com accroît considérablement la portée du marché de Wearable Devices, rendant sa technologie accessible à des millions d'utilisateurs Apple aux États-Unis et renforçant la reconnaissance de sa marque sur le marché américain.

Wearable Devices (Nasdaq: WLDS) hat den Launch seines Mudra Band für Apple Watch auf Walmart.com angekündigt, um den Zugang zu seiner KI-gestützten, berührungslosen Sensorik-Wearable-Technologie zu erweitern. Dieser strategische Schritt folgt der erfolgreichen Einführung des Produkts auf Amazon und steht im Einklang mit dem Ziel des Unternehmens, seine Präsenz auf wichtigen Einzelhandelsplattformen in den USA auszubauen.

Das Mudra Band ermöglicht es Nutzern, Apple-Geräte wie iPhone, iPad, Apple TV und MacBook mit einfachen Handgesten zu steuern, ohne den Bildschirm zu berühren. Es nutzt neurale Signale, die in Befehle übersetzt werden, und bietet damit eine nahtlose und innovative Benutzererfahrung. Zu den wichtigsten Funktionen gehören hands-free Steuerung, Kompatibilität mit dem Apple-Ökosystem, eine fortschrittliche neurale Schnittstelle und verbesserte Zugänglichkeit für Nutzer, die nach Lösungen für berührungslose Steuerung suchen.

Der Launch auf Walmart.com erhöht erheblich die Marktpräsenz von Wearable Devices und macht die Technologie für Millionen von Apple-Nutzern in den USA zugänglich, während das Markenbewusstsein im US-Markt gestärkt wird.

Positive
  • Launch on Walmart.com expands market reach to millions of potential customers
  • Strategic alignment with goal of expanding presence across major U.S. retail platforms
  • Increases accessibility of AI-powered touchless sensing technology
  • Enhances brand recognition in the U.S. market
Negative
  • None.

Insights

The launch of Wearable Devices' Mudra Band on Walmart.com is a strategic move that could significantly boost the company's market presence. By expanding to one of the largest retail platforms in the U.S., WLDS is positioning itself for increased visibility and potential sales growth. The Mudra Band's integration with Apple's ecosystem is a key selling point, tapping into the vast Apple user base.

However, investors should consider several factors:

  • Market adoption rate for gesture-controlled wearables is still uncertain
  • Competition from established players in the wearable tech space
  • Dependency on Apple's ecosystem could be both an advantage and a limitation
  • Potential impact on revenue and profit margins needs to be closely monitored

While this launch expands distribution channels, its true impact on WLDS's financial performance remains to be seen. Investors should watch for sales data and user adoption rates in the coming quarters to gauge the success of this retail expansion strategy.

The Mudra Band's launch on Walmart.com represents a significant market expansion opportunity for Wearable Devices. With Walmart's massive customer base, this move could potentially lead to increased brand awareness and sales. However, it's important to consider the following market dynamics:

  • The wearable technology market is highly competitive, with established players like Apple and Samsung
  • Consumer adoption of gesture-control technology is still in its early stages
  • Price point and perceived value will be critical factors in driving sales

The success of this launch will largely depend on Wearable Devices' ability to effectively market the Mudra Band's unique features and convince consumers of its value proposition. Given WLDS's current market cap of $5,025,480, any significant uptick in sales could have a substantial impact on the company's valuation. Investors should closely monitor initial sales figures and customer reviews to gauge market reception and potential long-term growth prospects.

YOKNEAM ILLIT, ISRAEL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced the official launch of its Mudra Band on Walmart.com (“Walmart”). This exciting development brings the Company’s innovative neural-based gesture control technology to one of the largest retail platforms in the world, making it more accessible to millions of Apple users in the United States.

This launch on Walmart aligns with Wearable Devices’ strategic goal of expanding its presence across major U.S. retail platforms. Following the successful introduction of the Mudra Band on Amazon, this move significantly broadens the Company's market reach. By being available on Walmart, Wearable Devices is enabling a wider audience to experience next-level gesture control and enhancing its brand recognition in the U.S. market.

The Mudra Band, designed specifically for Apple Watch, allows users to interact with their Apple devices—such as the iPhone, iPad, Apple TV, and MacBook—using simple hand gestures. By harnessing neural signals and translating them into commands, users can control their devices without needing to touch the screen, providing a seamless and innovative user experience.

Key Features of the Mudra Band:

  • Hands-Free Control: Perform common actions—like swiping, tapping, or scrolling—using simple neural gestures without touching your device.
  • Apple Ecosystem Compatibility: Fully integrated with iPhone, iPad, Apple TV and MacBook, creating a smooth user experience across Apple’s product ecosystem.
  • Advanced Neural Interface: Utilizes AI-powered technology to translate neural signals into device commands, allowing effortless control.
  • Enhanced Accessibility: Perfect for users looking for touchless control solutions, whether for convenience or multitasking.

Asher Dahan, Chief Executive Officer of Wearable Devices, stated: “Launching the Mudra Band on Walmart represents a significant step forward in expanding the reach of our technology. This retail collaboration allows us to introduce our AI-powered neural interface to a wider audience, enabling more users to experience the future of touchless device interaction.”

For more information and to purchase the Mudra Band, visit Wlamart.com or Wearable Devices' official page.

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, 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 ordinary shares and warrants trade on the Nasdaq market 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 Mudra Band and collaboration with Walmart and our strategic goal of expanding our presence across major U.S. retail platforms. 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

Walter Frank
IMS Investor Relations
203.972.9200
wearabledevices@imsinvestorrelations.com


FAQ

What is the Mudra Band for Apple Watch by Wearable Devices (WLDS)?

The Mudra Band is an AI-powered wearable device that allows users to control Apple devices using simple hand gestures without touching the screen. It translates neural signals into commands for seamless interaction with iPhones, iPads, Apple TVs, and MacBooks.

Where can customers purchase the Mudra Band by Wearable Devices (WLDS)?

As of October 11, 2024, customers can purchase the Mudra Band on Walmart.com, in addition to its previous availability on Amazon. This expansion increases accessibility to the product for U.S. consumers.

What are the key features of the Mudra Band for Apple Watch by WLDS?

The key features of the Mudra Band include hands-free control of Apple devices, full compatibility with the Apple ecosystem, an advanced neural interface using AI-powered technology, and enhanced accessibility for users seeking touchless control solutions.

How does the launch on Walmart.com impact Wearable Devices (WLDS)?

The launch on Walmart.com significantly expands Wearable Devices' market reach, making its technology accessible to millions of Apple users in the United States. It also enhances the company's brand recognition in the U.S. market and aligns with its strategic goal of expanding across major retail platforms.

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