TIDMTEK
Tekcapital plc
14 August 2023
14 August 2023
Tekcapital Plc
("Tekcapital", the "Company" or the "Group")
Innovative Eyewear, Inc. Announces the 2.0 Release
of its ChatGPT App for Smart Eyewear
Tekcapital Plc (AIM: TEK), the UK intellectual property
investment group announces that Innovative Eyewear, Inc.
("Innovative Eyewear") (NASDAQ: LUCY; LUCYW), the developer of
smart eyewear under the Lucyd(R), Nautica(R), Eddie Bauer(R) and
Reebok(R) brands, is pleased to announce a major update to the
Company's Lucyd app, the first app to enable ChatGPT on smart
eyewear.
The launch of the 2.0 update delivers the following new features
and usability improvements to the app's iOS version, with the same
updates planned for the Android version later in 2023:
-- An end-to-end upgraded visual interface, with smoother
graphics and intuitive controls for a more user-friendly
experience.
-- An improvement to the connection to ChatGPT, allowing the
user to submit long-form voice and text queries using the visual
interface or via voice on Siri, removing the limitation in the 1.0
version on query lengths. Textual responses to queries now appear
in a more satisfactory and digestible stream format.
-- The voice quality of the app's text-to-speech functionality has been improved.
-- The sharing feature has been improved with the ability to
export ChatGPT responses to email, SMS and social apps.
-- The new app bypasses the need for Siri Shortcuts for
handsfree use, making the onboarding of new users simpler and
faster. This was developed in response to user feedback and
simplifies the onboarding process. The user can simply activate
Siri on their glasses and say "Lucyd" to access ChatGPT handsfree
once the app is downloaded.
-- A ChatGPT toolbox has been added to the visual interface with
the following capabilities: the ability to generate a paragraph
from a prompt, translate text into Spanish, synopsize long form
text, improve the readability of content, generate an email based
on a prompt, and analyze the sentiment of text. These tools use
pre-specified parameters to provide certain types of information,
analysis and copywriting from ChatGPT more rapidly.
Harrison Gross, CEO of Innovative Eyewear Inc., commented:
"We are excited to roll out a significant new upgrade to the
Lucyd iPhone/iPad app just a few months after the initial release.
The new state-of-the-art interface makes ChatGPT easier to use than
ever on our smart glasses. We look forward to introducing more
features such as a shop, and a pro version of the app which are
planned for later in 2023. We believe this will deliver more value
to our community and potentially develop an additional revenue
stream from users of other hearable devices that want seamless
voice access to ChatGPT."
To see the Lucyd app in action, please watch the new video here
.
To download the new Lucyd app for iOS visit the App Store .
Lucyd Lyte Smart Eyewear Powered with ChatGPT
Photo Courtesy of Innovative Eyewear, Inc.
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.
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)
Flagstaff 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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