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Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South Korea

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Wearable Devices (Nasdaq: WLDS, WLDSW) has filed a patent application in South Korea for its neural wrist technology. This application, titled 'Gesture and Voice-controlled interface device,' is part of the Patent Cooperation Treaty (PCT) national stage and aims to protect the company's global patent portfolio in Asian markets.

The patent covers revolutionary neural interface technology used as a wearable scale for measuring object weight and a wearable torque meter for measuring torque applied when fastening rotating objects. This move is part of Wearable Devices' strategy to broaden protection of its core IP globally, allowing adaptation to future market changes.

Guy Wagner, Chief Scientist Officer, emphasized the importance of expanding their patent reach to South Korea, noting it's important for securing access to an advanced technological market and fostering collaborations with global industry leaders. He highlighted that neural wrist interfaces have practical applications beyond gesture control, potentially impacting how we interact with technology and our surroundings.

Wearable Devices (Nasdaq: WLDS, WLDSW) ha presentato una richiesta di brevetto in Corea del Sud per la sua tecnologia neurale per il polso. Questa domanda, intitolata 'Dispositivo di interfaccia controllato da gesti e voce', fa parte della fase nazionale del Trattato di Cooperazione in materia di Brevetti (PCT) e mira a proteggere il portafoglio brevetti globale dell'azienda nei mercati asiatici.

Il brevetto copre una tecnologia d'interfaccia neurale rivoluzionaria utilizzata come bilancia indossabile per misurare il peso degli oggetti e un misuratore di coppia indossabile per misurare la coppia applicata durante il fissaggio di oggetti rotanti. Questa mossa fa parte della strategia di Wearable Devices per ampliare la protezione della propria IP centrale a livello globale, consentendo un adattamento ai futuri cambiamenti di mercato.

Guy Wagner, Chief Scientist Officer, ha sottolineato l'importanza di espandere la propria portata brevettuale in Corea del Sud, evidenziando che è fondamentale per garantire l'accesso a un mercato tecnologico avanzato e favorire collaborazioni con leader dell'industria globale. Ha messo in evidenza che le interfacce neurali per il polso hanno applicazioni pratiche oltre il controllo dei gesti, potenzialmente influenzando il modo in cui interagiamo con la tecnologia e il nostro ambiente.

Wearable Devices (Nasdaq: WLDS, WLDSW) ha presentado una solicitud de patente en Corea del Sur para su tecnología neural para la muñeca. Esta solicitud, titulada 'Dispositivo de interfaz controlado por gestos y voz', forma parte de la etapa nacional del Tratado de Cooperación en Materia de Patentes (PCT) y tiene como objetivo proteger el portafolio global de patentes de la empresa en los mercados asiáticos.

La patente cubre una tecnología de interfaz neural revolucionaria que se utiliza como una báscula portátil para medir el peso de objetos y un medidor de par portátil para medir el par aplicado al fijar objetos giratorios. Este movimiento es parte de la estrategia de Wearable Devices para ampliar la protección de su IP central a nivel global, permitiendo la adaptación a futuros cambios de mercado.

Guy Wagner, Chief Scientist Officer, enfatizó la importancia de ampliar su alcance de patentes en Corea del Sur, señalando que es crucial para asegurar el acceso a un mercado tecnológico avanzado y fomentar colaboraciones con líderes de la industria global. Resaltó que las interfaces neurales para la muñeca tienen aplicaciones prácticas más allá del control por gestos, impactando potencialmente la forma en que interactuamos con la tecnología y nuestro entorno.

Wearable Devices (Nasdaq: WLDS, WLDSW)는 특허 출원을 한국에 제출했습니다. 이 신경 팔찌 기술에 대한 출원은 '제스처 및 음성 제어 인터페이스 장치'라는 제목을 가지고 있으며, 특허협력조약(PCT) 국가 단계의 일환으로 아시아 시장에서 회사의 글로벌 특허 포트폴리오를 보호하는 것을 목표로 하고 있습니다.

이 특허는 혁신적인 신경 인터페이스 기술을 다루고 있으며, 물체의 무게를 측정하는 웨어러블 저울로 사용되며 회전 물체를 조일 때 가해지는 토크를 측정하는 웨어러블 토크 미터로 활용됩니다. 이는 Wearable Devices의 전략의 일환으로 핵심 IP의 글로벌 보호를 확대하는 것이며, 향후 시장 변화에 적응할 수 있도록 하고 있습니다.

수석 과학 책임자인 Guy Wagner는 한국에서의 특허 범위 확대의 중요성을 강조하며, 이는 선진 기술 시장에 접근을 확보하고 글로벌 산업 리더와의 협업을 촉진하는 것이 중요하다고 언급했습니다. 그는 신경 팔찌 인터페이스가 제스처 제어 외에도 실용적인 응용 프로그램을 가지고 있으며, 우리가 기술 및 환경과 상호작용하는 방식에 잠재적으로 영향을 미칠 수 있다고 강조했습니다.

Wearable Devices (Nasdaq: WLDS, WLDSW) a dépôt une demande de brevet en Corée du Sud pour sa technologie neuronale de poignet. Cette demande, intitulée 'Dispositif d'interface contrôlé par gestes et voix', fait partie de la phase nationale du Traité de coopération en matière de brevets (PCT) et vise à protéger le portefeuille mondial de brevets de l'entreprise sur les marchés asiatiques.

Le brevet couvre une technologie d'interface neuronale révolutionnaire utilisée comme balance portable pour mesurer le poids des objets et un capteur de couple portable pour mesurer le couple appliqué lors du serrage d'objets tournants. Cette initiative s'inscrit dans la stratégie de Wearable Devices visant à élargir la protection de sa propriété intellectuelle à l'échelle mondiale, permettant de s'adapter aux futurs changements de marché.

Guy Wagner, Chief Scientist Officer, a souligné l'importance d'élargir leur portée de brevet en Corée du Sud, en soulignant qu'il est essentiel pour assurer l'accès à un marché technologique avancé et favoriser des collaborations avec des leaders mondiaux de l'industrie. Il a souligné que les interfaces neuronales de poignet ont des applications pratiques au-delà du contrôle par gestes, pouvant potentiellement influencer notre interaction avec la technologie et notre environnement.

Wearable Devices (Nasdaq: WLDS, WLDSW) hat einen Patentantrag in Südkorea für seine neuronale Handgelenktechnologie eingereicht. Dieser Antrag mit dem Titel 'Gesten- und sprachgesteuertes Schnittstellengerät' ist Teil der nationalen Phase des Patentzusammenarbeitsvertrags (PCT) und hat zum Ziel, das globale Patentportfolio des Unternehmens auf den asiatischen Märkten zu schützen.

Das Patent umfasst eine revolutionäre neuronale Schnittstellentechnologie, die als tragbare Waage zur Gewichtsmessung von Objekten und als tragbarer Drehmomentmesser zur Messung des beim Befestigen rotierender Objekte angelegten Drehmoments dient. Dieser Schritt ist Teil der Strategie von Wearable Devices, den Schutz des eigenen IP global zu erweitern, um sich an zukünftige Marktveränderungen anzupassen.

Guy Wagner, Chief Scientist Officer, betonte die Bedeutung der Expansion ihres Patentbereichs nach Südkorea und bemerkte, dass es wichtig ist, den Zugang zu einem fortschrittlichen Technologiemarkt zu sichern und Zusammenarbeiten mit globalen Branchenführern zu fördern. Er hob hervor, dass neuronale Handgelenkschnittstellen praktische Anwendungen über die Gestensteuerung hinaus haben, die potenziell beeinflussen könnten, wie wir mit Technologie und unserer Umgebung interagieren.

Positive
  • Filing of patent application in South Korea expands international IP portfolio
  • Patent covers revolutionary neural interface technology with practical applications
  • Strategy aims to broaden protection of core IP globally
  • Potential for collaborations with global industry leaders in South Korean market
Negative
  • None.

The new patent application, filed as part of the Patent Cooperation Treaty (PCT) national stage, aims to protect the Company’s global patent portfolio in the Asian markets

YOKNEAM ILLIT, ISRAEL, Sept. 26, 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, announces the filing of an application for its first patent in a patent family titled Gesture and Voice-controlled interface device," with the Korean intellectual property office (KIPO).

The patent application is part of the Company’s intellectual property (“IP”) strategy to broaden the protection of its core IP globally using patent families that cover multiple future applications of wearable bio-potential sensors and allows the Company to adapt its patent portfolio in real time to future changes in global markets.

The filed patent application protects the Company’s revolutionary neural interface technology, which is used as a wearable scale for measuring the weight of objects held by a user, and as a wearable torque meter for measuring the torque applied by a user when fastening rotating objects such as screws.

“We are broadening our patent portfolio both in its depth and its reach,” said Guy Wagner, Chief Scientist Officer of Wearable Devices. “Expanding our patent reach to South Korea is essential not only for securing access to one of the world’s most technologically advanced and dynamic markets, but also for fostering collaborations with global industry leaders. Neural wrist interfaces have amazing practical applications that go beyond mere gesture control and can impact not only how we interact with technology, but also how we engage with everything around us. Neural scaling is just the first example.”

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 potential to obtain patent protection in South Korea or other jurisdictions and to broaden our patent portfolio, as well as the potential benefits of our solutions. 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 patent application did Wearable Devices (WLDS) file in South Korea?

Wearable Devices filed a patent application titled 'Gesture and Voice-controlled interface device' for its neural wrist technology with the Korean intellectual property office (KIPO).

What are the applications of Wearable Devices' (WLDS) neural interface technology?

The technology can be used as a wearable scale for measuring object weight and as a wearable torque meter for measuring torque applied when fastening rotating objects like screws.

Why is Wearable Devices (WLDS) expanding its patent portfolio to South Korea?

Expanding to South Korea is essential for securing access to one of the world's most technologically advanced markets and fostering collaborations with global industry leaders.

What is the significance of Wearable Devices' (WLDS) patent strategy?

The strategy aims to broaden protection of core IP globally, allowing the company to adapt its patent portfolio in real-time to future changes in global markets.

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