NEW
YORK AND TOKYO,
April 1,
2024 /PRNewswire/ - Pixie Dust Technologies,
Inc. (Nasdaq: PXDT) (the "Company"), a Japanese
technology company focused on commercializing innovative products
and materials utilizing proprietary wave control technology,
announced its "kikippa" speaker was awarded 1st place on
the Rakuten Sound Bar Ranking in February
2024.
"kikippa" is a speaker that processes and outputs "gamma wave
sound" with 40Hz modulation using a unique algorithm for audio from
TVs and other devices. The device requires no construction or
intricate setup, as anyone can effortlessly operate it by
connecting the earphone jack and activating the gamma wave sound
button, immediately immersing in the natural 40Hz modulated gamma
wave sound. There is currently a diverse array of distribution of
the "kikippa" speaker, ranging from major ecommerce platforms such
as Rakuten Group ("Rakuten") and Amazon, in addition to Shionogi
Healthcare Online, BicCamera.com, Kojimanet, and Sofmap.com. The
Company continues to expand its go to market channels to ensure
users can purchase the speaker seamlessly both domestically and
internationally.
More specifically, Rakuten, a Japanese technology conglomerate
with immense popularity and recognition within Japan, holds a significant position in the
country's technology and consumer landscape. With over 70
businesses under its umbrella, Rakuten spans a wide array of online
and offline services including its prominent e-commerce website.
Achieving top-ranking status on the Rakuten website is a feature
highly coveted by companies seeking extensive exposure and traffic
for their products. This prime position on the website not only
enhances Pixie Dust's corporate profile and the "kikippa" speaker's
visibility but also underscores its role in shaping consumer trends
and preferences across Japan.
"I am pleased to announce that our kikippa speaker has achieved
the top position on the Rakuten Sound Bar Ranking," said Pixie Dust
Technologies COO Taiichiro Murakami.
"This recognition holds special significance as the Rakuten
e-commerce platform is widely utilized across Japan and stands as one of the largest online
marketplaces in the country. Securing the top rank on such a
prominent platform is an honor and serves as a testament to the
growing market acceptance and popularity that kikippa is receiving.
Each of our products are gaining significant traction within
Japan, with some gradually making
their mark overseas into the U.S. markets. As we intensify our
marketing efforts and persist in product innovation, we aim to
implement strategies for the seamless social integration of gamma
wave sound and wave technology to unlock the inherent benefits to
society."
Forward-Looking
Statements
Certain statements contained in this press release are
"forward-looking statements" made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements reflect the Company's current
expectations or beliefs concerning future events and actual events
may differ materially from current expectations. Words such as
"expect," "anticipate," "should," "believe," "hope," "target,"
"project," "aim," "objective," "goal," "estimate," "potential,"
"predict," "may," "will," "might," "could," "intend," variations of
these terms or the negative of these terms and similar expressions
are intended to identify these forward-looking statements. Any such
forward-looking statements are subject to various risks and
uncertainties, many of which involve factors or circumstances that
are beyond the Company's control, including but not limited to the
strength of the economy, changes to the market for securities, the
effects of inflation and its associated impact on prevailing
interest rates, political or financial instability, and other
factors which are set forth in the Company's prospectus that forms
a part of the Registration Statement on Form F-1 (File No.
333-272476), as amended, and in all filings with the SEC made by
the Company subsequent to the filing thereof. The forward-looking
statements included in this press release represent the Company's
views as of the date of this press release. The Company anticipates
that subsequent events and developments will cause its views to
change. These forward-looking statements should not be relied upon
as representing the Company's views as of any date subsequent to
the date of this press release. The Company does not undertake to
publicly update or revise its forward-looking statements, whether
as a result of new information, future events or otherwise.
About Pixie Dust Technologies,
Inc.
Pixie Dust Technologies, Inc. is a Japanese technology company
focused on commercializing innovative products and materials
utilizing proprietary wave technology. The Company is currently
focusing on two areas of product development: (1) "Personal Care
& Diversity", where wave control technology is applied to
mechanobiology and intervention/assistance in vision, hearing, and
touch, and (2) "Workspace & Digital Transformation," where
metamaterials (technology that creates properties through structure
rather than material) and solutions to commercial design problems,
such as in offices or construction sites, are applied.
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SOURCE Pixie Dust Technologies