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Wearable Devices and Webidoo Join Forces for Mudra Band’s Retail Rollout

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Wearable Devices partners with Webidoo for the retail rollout of the Mudra Band, a touchless sensing device for Apple Watches. The collaboration includes featuring the product at Webidoo Store in Milano, Italy, and making it available online. This partnership highlights the innovative nature of the Mudra Band and Webidoo Store's commitment to delivering cutting-edge technology to consumers.

Wearable Devices collabora con Webidoo per il lancio al dettaglio del Mudra Band, un dispositivo di rilevamento senza contatto per Apple Watches. La collaborazione prevede la presentazione del prodotto presso il Webidoo Store a Milano, Italia, e la sua disponibilità online. Questa partnership sottolinea la natura innovativa del Mudra Band e l'impegno di Webidoo Store nel fornire tecnologia all'avanguardia ai consumatori.
Wearable Devices se asocia con Webidoo para el lanzamiento en tiendas del Mudra Band, un dispositivo de detección sin contacto para los Apple Watches. La colaboración incluye la exhibición del producto en la tienda Webidoo en Milán, Italia, y su disponibilidad en línea. Esta asociación destaca la naturaleza innovadora del Mudra Band y el compromiso de la tienda Webidoo por ofrecer tecnología de punta a los consumidores.
Wearable Devices가 애플 워치용 비접촉 감지 장치인 Mudra Band의 소매 출시를 위해 Webidoo와 파트너십을 맺었습니다. 이 협력은 이탈리아 밀라노에 위치한 Webidoo Store에서 제품을 선보이고 온라인으로도 제공합니다. 이 파트너십은 Mudra Band의 혁신적인 성격과 Webidoo Store의 최첨단 기술을 소비자에게 제공하는 데 대한 헌신을 강조합니다.
Wearable Devices s'associe avec Webidoo pour le déploiement en magasin du Mudra Band, un dispositif de détection sans contact pour les Apple Watches. La collaboration inclut la mise en avant du produit dans le magasin Webidoo à Milan, Italie, et sa disponibilité en ligne. Ce partenariat met en lumière la nature innovante du Mudra Band et l'engagement du magasin Webidoo à offrir des technologies de pointe aux consommateurs.
Wearable Devices geht eine Partnerschaft mit Webidoo ein für den Einzelhandelsstart des Mudra Band, einem berührungslosen Sensoren-Gerät für Apple Watches. Die Zusammenarbeit umfasst die Präsentation des Produkts im Webidoo Store in Mailand, Italien, und die Verfügbarkeit online. Diese Partnerschaft hebt die innovative Natur des Mudra Band und das Engagement des Webidoo Stores hervor, Spitzentechnologie an die Verbraucher zu liefern.
Positive
  • Collaboration with Webidoo provides a unique opportunity for consumers to experience the Mudra Band firsthand, both in-store and online.

  • Webidoo Store's focus on experiential retail aligns with Wearable Devices' vision for showcasing the Mudra Band in a non-traditional retail environment.

  • The Mudra Band's touchless technology allows users to control Apple devices effortlessly, representing the future of device interaction.

  • Webidoo Store's reputation for transforming digital solutions into tangible consumer experiences enhances the accessibility and understanding of advanced technology like the Mudra Band.

Negative
  • None.

YOKNEAM ILLIT, ISRAEL, April 30, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, announces a collaboration with Webidoo, through Webidoo Store, an experience retail store in Milano, Italy, showcasing the latest in technology, innovation and gadgets. In this collaboration, the Mudra Band will be featured in Webidoo Store's offering customers the unique opportunity to experience and assess the product firsthand. Concurrently, for those who favor the convenience of digital shopping, the Mudra Band will also be made available through Webidoo's online store, ensuring a comprehensive purchasing option for all consumers.

This partnership brings the Mudra Band, a device that revolutionizes interaction with Apple Watches through AI-driven, touchless technology, into the realm of experiential retail, powered by Webidoo Stores’ expertise in delivering cutting-edge technology products directly to consumers.

Webidoo Store has made a name for itself by transforming digital solutions into hands-on consumer experiences. Their dedication to innovation is evident in their Webidoo Store, which underscores their role in setting rather than following market trends.

Asher Dahan, Chief Executive Officer of Wearable Devices, expressed enthusiasm for the collaboration: “Working with Webidoo Store allows us to showcase the Mudra Band in a retail environment that transcends traditional shopping experiences. Webidoo Store’s approach to retail, which emphasizes direct consumer engagement with technology, aligns perfectly with our vision for the Mudra Band.”

The Mudra Band allows users to control their Apple devices with simple wrist and finger movements, embodying the future of device interaction. Webidoo Store’s experiential retail strategy, particularly demonstrated through the launch of Europe’s first tech experience store in Milan, provides a perfect platform for consumers to physically engage with and understand the capabilities of the Mudra Band. This direct interaction is key to bringing the digital and physical worlds closer, making advanced technology accessible and comprehensible.

About Webidoo Store

Webidoo Store is a user experience physical retail, reference point for the latest in technology and innovation. Located in the vibrant heart of Milan, Webidoo Store offers a wide range of hi-tech products, from the latest gadgets to smart solutions for home and office.

About Wearable Devices Ltd.
Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbol “WLDS” and “WLDSW”, respectively.

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 the vision for and capabilities of the Mudra Band and the potential benefits from our collaboration with Webidoo. 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 use of proceeds from the offering; the trading of our ordinary shares or warrants and the development of a liquid trading market; 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 our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. 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
Walter Frank
IMS Investor Relations
203.972.9200
wearabledevices@imsinvestorrelations.com


FAQ

What is the collaboration between Wearable Devices and Webidoo about?

Wearable Devices and Webidoo are partnering for the retail rollout of the Mudra Band, a touchless sensing device for Apple Watches, to provide consumers with a hands-on experience of the product in-store and online.

Where is Webidoo Store located?

Webidoo Store is located in Milano, Italy, offering a wide range of hi-tech products and innovative solutions for home and office.

What does the Mudra Band allow users to do?

The Mudra Band enables users to control their Apple devices through simple wrist and finger movements, showcasing the future of device interaction.

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