Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Wearable Devices to Attend The 2023 Consumer Electronic Show

PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
December 22, 2022 GMT

YOKNEAM ILLIT, ISRAEL, Dec. 22, 2022 (GLOBE NEWSWIRE) --  Wearable Devices Ltd. (Nasdaq: WLDS) (“Wearable Devices” or the “Company”), a growth company developing a non-invasive neural interface technology for B2B and B2C customers, today announced that it will attend the Consumer Electronics Show (“CES”), which will take place in Las Vegas from January 5 until January 8, 2023. The Company will be presenting at Tech West in the Venetian Expo at booth 54505.

At CES, the Company will present its innovative existing and new B2B and B2C solutions.

At the CES, B2B companies will have the opportunity to explore Wearable Devices’ neural input technology hardware and software and its integration options for consumer electronics devices, including the Company’s Mudra technology that offers new command and control interface options for numerous products and industries, including smartwatches, mobile phones, AR glasses, virtual reality, industry 4.0, sport analytics, smart homes, robotics, and more.

The Company’s B2C product, the Mudra Band for Apple Watch, was recognized as a 2021 CES Innovation Award Honoree and won the 2021 CES Best Wearable Award. The band is an aftermarket accessory for the Apple Watch that allows for the touchless operation and control of the user’s iPhone and additional connected devices using natural and intuitive hand and finger movements. Attendees at the 2023 CES will have the opportunity to visit the Company’s booth and interact with the Mudra Band for the first time ever.

Asher Dahan, Chief Executive Officer of Wearable Devices, commented, “We are excited to attend CES in Las Vegas for the fifth time and to present our technology to the tens of thousands of people expected at the conference. CES is one of the premier tech events in the world and provides an invaluable platform for us to demonstrate our B2B and B2C products. We already have a very active schedule that includes meetings with leading companies across several verticals that can directly benefit from our products, and we encourage anyone attending to visit our booth and experience our technology for themselves.”

To schedule a B2B meeting or a Mudra Band demo please contact Mr. Shmuel Barel, the Company’s Chief Marketing Officer, at shmuel.barel@wearabledevices.co.il

About Wearable Devices Ltd.

Wearable Devices Ltd. a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements. Our company’s vision is to create a world in which the user’s hand becomes a universal input device for touchlessly interacting with technology, and we believe that our technology is setting the standard input interface for the Metaverse. Since our technology was introduced to the market, we have been working with both Business-to-Business and Business-to-Consumer customers as part of our push-pull strategy. Combining our own proprietary sensors and Artificial Intelligence, or AI, algorithms into a stylish wristband, our Mudra platform enables users to control digital devices through subtle finger movements and hand gestures, without physical touch or contact. For more information, visit  https://www.wearabledevices.co.il/.

Forward-Looking Statements

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 our plans to attend the 2023 CES and present our technology. 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: 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 the preliminary prospectus dated September 30, 2022 and our other filings with the Securities and Exchange Commission. 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

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