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Innovative Eyewear, Inc. Announces Features Update for its Vyrb™ Social Audio App

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Innovative Eyewear (NASDAQ: LUCY) recently announced significant updates to its Vyrb social audio app, currently in open beta for iOS and Android. The new 'On Air' feature allows users to create live audio chatrooms accommodating up to 100 participants, enhancing real-time collaboration. Vyrb also introduces an audio upload option, enabling users to integrate external audio files easily. CEO Harrison Gross emphasizes that the app supports a handsfree experience tailored for smart eyewear, thus positioning it as a next-generation platform for audio content creation. These developments aim to expand Vyrb’s utility in the growing market of wearable technology.

Positive
  • Launch of 'On Air' feature for live audio chatrooms, supporting up to 100 users.
  • Introduction of audio upload functionality for easy integration of external audio files.
  • Positioning Vyrb as a leading platform in the wearable technology sector.
Negative
  • None.

MIAMI, Feb. 6, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica® and Eddie Bauer® brands, is pleased to announce major developments in its Vyrb social audio app, which is in open beta on iOS and Android.

Vyrb is a full social media pla­­­­­­tform designed for wearables, which offers a suite of tools for creating, sharing and enjoying audio content in a frictionless, handsfree format. While it offers a complete visual interface, the app provides a set of unique handsfree social utilities accessed through voice assistants like Siri®. The company has just completed a powerful new live broadcasting feature called "On Air", which enables users to create real-time audio chatrooms with up to 100 visitors and multiple active speakers. The company believes this new feature will be a useful tool for audio content creators and collaborative work.

"Lucyd Eyewear is not simply another smartglass, it is an evolution in optical eyewear that makes it easier than ever to create and consume audio content," says Innovative Eyewear CEO Harrison Gross. "We are supporting our hardware platform with audio-focused software to enable seamless communication, content generation and social interaction on our frames as well as other wearables. The introduction of the On Air feature to our Vyrb app is a milestone where we have enhanced the popular and useful real-time chat functionality found in other social apps, by adapting it to an ecosystem purpose-built for wearable communications. Now, Vyrb users will be able to communicate with a vast team and host live audio events with large audiences. After a user concludes an On Air session, they have the option to save a recording of it on their Vyrb profile and share to other platforms."

In addition to the On Air feature, Vyrb's latest release includes an audio upload feature that allows users to port audio files they created outside of Vyrb into the app, mix in sound effects, and share to their profile. This feature enables content creators to quickly upload their audio content library into Vyrb.

Download Vyrb™ on iOS/Mac and Android to explore the beta app. Watch a video of Vyrb in action here.

About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, 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.

Forward Looking Statements

This press release contains certain forward-looking statements, including those relating to the anticipated timing of completion of the offering and other statements that are predictive in nature. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the developments to our Vyrb social media audio app. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time, under the caption "Risk Factors."

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SOURCE Innovative Eyewear, Inc.

FAQ

What is the new feature of Vyrb by Innovative Eyewear announced on February 6, 2023?

The new feature is called 'On Air', allowing live audio chatrooms with up to 100 participants.

How does Vyrb enhance audio content creation for users?

Vyrb allows users to upload external audio files and has introduced live audio broadcasting features.

Which platforms is the Vyrb app available on?

Vyrb is available on iOS, Mac, and Android devices.

What is the stock symbol for Innovative Eyewear?

The stock symbol for Innovative Eyewear is LUCY.

Innovative Eyewear, Inc.

NASDAQ:LUCY

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Medical Instruments & Supplies
Ophthalmic Goods
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