Innovative Eyewear, Inc. Announces Notice of Patent Allowance on Modular Smart Eyewear Technology
Innovative Eyewear (NASDAQ: LUCY) has received a notice of allowance for its utility patent application on modular smart eyewear technology. The patent covers smartglasses with quick-disconnect hinges allowing users to customize their eyewear with different lens types and frontplate styles after purchase. The technology aims to provide versatility for various lens functionalities including sunglasses, reading glasses, and prescription lenses, while reducing electronic waste. The company, which develops smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, has not yet announced a product featuring this technology.
Innovative Eyewear (NASDAQ: LUCY) ha ricevuto un avviso di concessione per la sua domanda di brevetto sull'tecnologia dei visori smart modulari. Il brevetto copre occhiali smart con cerniere a sgancio rapido, che consentono agli utenti di personalizzare i loro occhiali con diversi tipi di lenti e stili di frontale dopo l'acquisto. La tecnologia mira a fornire versatilità per varie funzionalità delle lenti, inclusi occhiali da sole, occhiali da lettura e lenti prescritte, riducendo al contempo i rifiuti elettronici. L'azienda, che sviluppa occhiali smart con i marchi Lucyd®, Nautica®, Eddie Bauer® e Reebok®, non ha ancora annunciato un prodotto che utilizzi questa tecnologia.
Innovative Eyewear (NASDAQ: LUCY) ha recibido un aviso de concesión para su solicitud de patente sobre tecnología de gafas inteligentes modulares. La patente cubre gafas inteligentes con bisagras de desconexión rápida, lo que permite a los usuarios personalizar sus gafas con diferentes tipos de lentes y estilos de frontal después de la compra. La tecnología tiene como objetivo proporcionar versatilidad para varias funcionalidades de lentes, incluyendo gafas de sol, gafas de lectura y lentes recetadas, mientras reduce los residuos electrónicos. La compañía, que desarrolla gafas inteligentes bajo las marcas Lucyd®, Nautica®, Eddie Bauer® y Reebok®, aún no ha anunciado un producto que presente esta tecnología.
Innovative Eyewear (NASDAQ: LUCY)는 모듈형 스마트 안경 기술에 대한 실용신안 특허가 허가되었다는 통지를 받았습니다. 이 특허는 사용자들이 구매 후 다양한 렌즈 유형과 전면판 스타일로 안경을 맞춤화할 수 있도록 하는 빠른 분리 힌지가 있는 스마트 안경을 포함합니다. 이 기술은 선글라스, 독서용 안경 및 처방 렌즈와 같은 다양한 렌즈 기능을 제공하면서 전자 폐기물을 줄이기 위한 것입니다. Lucyd®, Nautica®, Eddie Bauer® 및 Reebok® 브랜드 이름으로 스마트 안경을 개발하는 이 회사는 아직 이 기술을 활용한 제품을 발표하지 않았습니다.
Innovative Eyewear (NASDAQ: LUCY) a reçu un avis d'autorisation pour sa demande de brevet sur la technologie de lunettes intelligentes modulaires. Le brevet couvre des lunettes intelligentes avec des charnières à déconnexion rapide permettant aux utilisateurs de personnaliser leurs lunettes avec différents types de verres et styles de face après l'achat. La technologie vise à fournir de la polyvalence pour diverses fonctionnalités de verres, y compris les lunettes de soleil, les lunettes de lecture et les verres correcteurs, tout en réduisant les déchets électroniques. L'entreprise, qui développe des lunettes intelligentes sous les marques Lucyd®, Nautica®, Eddie Bauer® et Reebok®, n'a pas encore annoncé de produit comportant cette technologie.
Innovative Eyewear (NASDAQ: LUCY) hat eine Benachrichtigung über die Genehmigung seines Gebrauchsmusterantrags für modulare Smart-Brillentechnologie erhalten. Das Patent umfasst Smartglasses mit Schnelltrennscharniere, die es Nutzern ermöglichen, ihre Brillen nach dem Kauf mit verschiedenen Linsenarten und Frontplattendesigns anzupassen. Die Technologie zielt darauf ab, Vielseitigkeit für verschiedene Linsenfunktionen, einschließlich Sonnenbrillen, Lesebrillen und Rezeptgläser, zu bieten, während sie den Elektronikschrott reduziert. Das Unternehmen, das intelligente Brillen unter den Marken Lucyd®, Nautica®, Eddie Bauer® und Reebok® entwickelt, hat noch kein Produkt vorgestellt, das diese Technologie nutzt.
- Patent allowance strengthens intellectual property portfolio
- Technology could create new revenue streams through modular components
- Potential for reduced electronic waste could appeal to environmentally conscious consumers
- No product currently available with this technology
- Uncertain timeline for commercialization
Insights
The patent allowance for modular smart eyewear represents a strategic intellectual property win but has immediate financial impact. The technology enables quick-disconnect frames for lens customization, potentially creating a recurring revenue stream through frame sales and reducing electronic waste. However, several key factors temper the near-term significance:
- No product currently implements this technology
- Market validation is still needed
- Commercialization timeline remains undefined
For a micro-cap company (
"User-interchangeable parts are a longstanding feature of popular consumer goods, and the value of this in eyewear is even greater than most products," said Harrison Gross, CEO of Innovative Eyewear. "This is due to the variety of lens functionalities sought by many consumers, such as sunglasses, reading glasses and all-day wear prescription lenses; not to mention the preference for some to have a variety of glasses for fashion purposes. Interchangeable hinges are a feature we have developed for future Lucyd eyewear products, to enable easier and more affordable customization, and less electronic waste, and this new patent protection will help us secure this feature for the smart eyewear market."
Innovative Eyewear has yet to announce a product with this feature. The Company believes that with the success of a separate interchangeable front technology seen in other product lines, modular eyewear represents a new category of products that will also benefit from the addition of Lucyd smart features.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer of cutting-edge ChatGPT enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® 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 introduction of new products and features, and timing of improvements and enhancements to our current products. 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 expected launch date for the new smart safety eyewear connection. 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 annual report on Form 10-K under the caption "Risk Factors."
Investor Relations Contact:
Scott Powell
Skyline Corporate Communications Group, LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com
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SOURCE Innovative Eyewear, Inc.
FAQ
What patent did Innovative Eyewear (LUCY) receive allowance for?
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