Yokneam Illit, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the "Company” or "Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence ("AI”)-based wearable gesture control technology, introduces the groundbreaking Neural Wristband category with its Mudra Band and Mudra Link. These innovative devices use proprietary Surface Nerve Conductance ("SNC”) technology to detect neural signals and wrist movements, allowing users to control digital devices through intuitive gestures. As the demand for face-worn devices is rising and with new product announcements by Meta and Snap, among other brands and devices, a neural wristband provides hands-free control through natural gestures, enhancing immersion and user satisfaction.
User Interfaces as the Drivers of Technological Progress
At Wearable Devices, the belief is clear: the pace of technological advancement is dictated by user interfaces. To bring this vision to life, Wearable Devices has developed SNC technology, which decodes neural signals from subtle wrist movements. As each finger movement, or gesture, has a unique neural signal pattern, AI algorithms decipher the neural pattern, and each gesture is bound with a control function. A user uses familiar everyday gestures such as tap and drag and move to interact with digital elements naturally and intuitively.
A New Era of Interaction for extended reality ("XR”)
The Mudra technology is creating the foundation for immersive XR experiences, where fluid interaction is key. The use of a neural wristband allows for thinner, lighter and more comfortable glasses, which are key to consumer mass adoption. Gesture control has been reliant on vision-based solutions which are limited by camera field of view, sometimes requiring the user to raise hands to detect the gestures. The Mudra product categories can recognize gestures even when the hand is along the user's waist or inside its pocket, thus allowing a comfortable body posture both indoors and outdoors.
Wearable Devices' Mudra Band and Mudra Link provide distinct advantages as wearable, consumer-ready neural wristbands that seamlessly connect to Apple, Android, Windows, and macOS devices, making them versatile and easy to integrate across various digital environments.
For more information about Wearable Devices and the Mudra technology experience, visit www.mudra-band.com
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 symbols "WLDS” and "WLDSW”, respectively.
Forward-Looking Statement Disclaimer
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Investor Relations Contact
Michal Efraty
