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Wearable Devices Announces ISV Partnership with Fortune 500 Communications Equipment Company
YOKNE-AM ILLIT, ISRAEL, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW), a growth company developing a non-invasive neural
About this update from Wearable Devices Ltd.
[{"type":"text","content":"YOKNE-AM ILLIT, ISRAEL, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW), a growth company developing a non-invasive neural interface technology for B2B and B2C customers, today announced an Independent Software Vendor (“ISV”) partnership with a Fortune 500 communications equipment company (“the Partner”). The partnership will facilitate an embedded integration of the Mudra neural input technology into the partner’s chipset. The Mudra technology will be able to provide all the partner’s wearable manufacturing customers a Ready-to-Deploy platform for touchless input. Asher Dahan, Chief Executive Officer of Wearable Devices Ltd., commented, “This is an exciting new partnership for us as we continue to create an identity for our technology and brand in the consumer electronics marketplace. We are thrilled to be engaging with a Fortune 500 communications equipment company, representing both the validation of our innovative technology and our solution’s maturity. This is the first of what we believe will be numerous partnerships with globally recognized companies that are seeking to lead the future of wearable computing and the metaverse by offering touchless and hands free control functions.” 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 potential numerous partnerships with globally recognized companies that are seeking to lead the future of wearable computing and the metaverse by offering touchless and hands free control functions. 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 statemen...