Mudra Link from Wearable Devices Awarded CES 2025 Innovation Award, Honored in XR Technologies & Accessories
November 15 2024 - 8:25AM
Wearable Devices Ltd. (the “Company” or “Wearable Devices”)
(Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial
intelligence (“AI”)-based wearable gesture control technology,
announced that its latest Mudra Link, neural interface wristband,
has been recognized by the Consumer Technology Association as a
CES® 2025 Innovation Awards Honoree. This award, in the XR
Technologies & Accessories category, underscores Mudra Link’s
breakthrough design and pioneering capabilities that bring
hands-free digital control to Android, iOS, and more.
Wearable Devices, celebrated for its Mudra Band, which won the
prestigious “Best of CES® Innovation Award” in the Best Wearable
category in 2021, continues to set industry standards with Mudra
Link. As the world’s first neural interface wristband for Android,
Mudra Link enables intuitive device interaction through neural
signals captured from subtle finger and wrist movements, unlocking
a new level of accessibility and interaction in digital
environments.
“Our inclusion as a CES® 2025 Innovation Awards Honoree affirms
the market’s need for neural control wearables like Mudra Link and
Mudra Band,” said Asher Dahan, Chief Executive Officer of Wearable
Devices. “Our focus continues to be on elevating the user
experience across multiple platforms, not only by refining
gesture-based control but by ensuring these solutions are practical
and seamless.”
As neural gesture technology becomes increasingly central to
augmented reality (AR), extended reality (XR), and virtual reality
experiences, independent research and user insights affirm that
neural gesture control wearables can complement devices like Meta’s
Orion AR glasses by extending control beyond line-of-sight and
field-of-view limitations. Wearable Devices has consistently
demonstrated its expertise in this sector, with the Mudra Band and
now the Mudra Link is setting new standards for interaction,
comfort, and cross-platform compatibility.
Mr. Dahan added, “Mudra Link’s selection as a CES® 2025
Innovation Award Honoree validates the innovation driving Wearable
Devices’ offerings, enhancing the usability of AR and XR devices
and paving the way for expanded, intuitive interaction across
digital spaces.”
For more information on Mudra Link and other award-winning
Wearable Devices products, please visit
https://mudra-band.com/pages/mudra-link-main.
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
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 benefits and
advantages of our devices and technology, and that our devices are
setting new standards for interaction, comfort, and cross-platform
compatibility. All statements other than statements of historical
facts included in this press release regarding our strategies,
prospects, financial condition, operations, costs, plans and
objectives are forward-looking statements. 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: 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 ContactMichal
EfratyIR@wearabledevices.co.il
Media Contact:
Steve SchusterRainier
Communicationssteve@rainierco.com+1-508-868-5892
Wearable Devices (NASDAQ:WLDS)
Historical Stock Chart
From Oct 2024 to Nov 2024
Wearable Devices (NASDAQ:WLDS)
Historical Stock Chart
From Nov 2023 to Nov 2024