Wearables will showcase XR integration with Qualcomm at AWE 2024

AWE 2024 attendees can book appointments to experience live demonstrations of integrated technology at the Qualcomm AWE booth

YOKNEAM ILLIT, ISRAEL, June 17, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology development company specializing in artificial intelligence (“AI”), is excited to announce the demonstration of its latest augmented reality (XR) integration capabilities in partnership with Qualcomm Technologies at Augmented World Expo (AWE) 2024. This partnership demonstrates the synergy between Wearable Devices’ innovative wearable solutions and Qualcomm’s cutting-edge XR technology that promises to revolutionize immersive experiences for consumers and enterprises alike, AWE 2024 will take place June 18-20, 2024 in Long Beach, California.

At the heart of this presentation is the seamless integration of Wearable Devices’ advanced neural input technology with Qualcomm’s cutting-edge XR hardware and software solutions. The aim of this collaboration, which began a few months ago, is to increase user interaction and engagement by leveraging both companies’ strengths in wearable technology and XR platforms.

“We are excited to showcase Qualcomm at AWE 2024,” said Asher Dahan, CEO of Wearable Devices. “We believe our combined efforts will lead to significant advances in XR, enabling more intuitive and immersive experiences. This integration aims to redefine how users interact with augmented and virtual environments.”

The integration shows how Wearable Devices’ neural input technology can be used to provide natural and intuitive control in XR environments. By combining this technology with Qualcomm Snapdragon™ Spaces, the collaboration delivers increased performance, paving the way for more responsive and realistic XR applications.

AWE 2024 attendees will have the opportunity to experience live demonstrations of integrated technology at the Qualcomm booth. These demos will showcase a variety of use cases including gaming, enterprise and applications, showcasing the versatility and potential of connected technologies.

To book a demo please use the link below: https://share.hsforms.com/1qorpDePgQzSENX-kucPb-w2z1k6

About Wearable Devices Ltd.

Wearable Devices Ltd. is an emerging company developing artificial intelligence-based neural input interface technology for B2C and B2B markets. The company’s flagship product, the Mudra band for Apple Watch, integrates innovative technology and AI-powered algorithms into a functional, stylish band that uses patented sensors to identify subtle finger and wrist movements, enabling the user to interact with connected devices in a “touchless” way. The company also sells a B2B product that uses the same technology and features as Mudra Band and is available to businesses under license. Wearables Creates breakthrough, industry-leading technology that leverages artificial intelligence and proprietary algorithms, software and hardware to set the entry standard for augmented reality, one of the fastest-growing landscapes in the technology industry. The Company’s common stock and warrants are traded on the Nasdaq under the symbols “WLDS” and “WLDSW”, respectively.

The story continues

Disclaimer Regarding Forward-Looking Statement

This press release contains “forward-looking statements” within the meaning of Art. 27A of the Securities Act of 1933, as amended, and Art. 21E of the Securities Exchange Act of 1934, as amended, 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 terminology such as “believe”, “expect”, “may”, “should”, “could”. ”, “seek”, “intend”, “plan”, “target”, “estimate”, “anticipate” or other comparable terms. For example, we use forward-looking statements when discussing the potential benefits and synergies of collaboration and platform integration with Qualcomm, our ability to increase user interaction and engagement by leveraging both companies’ strengths in wearable technology and XR platforms, and potential advancements in XR . All statements, other than statements of historical fact, contained 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 guarantees of future performance. Instead, they are based solely on our current beliefs, expectations and assumptions about the future of our business, future plans and strategies, forecasts, anticipated events and trends, the economy and other future conditions. Because forward-looking statements refer to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance 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 forward-looking statements include, among others: our use of proceeds from the offering; trading of our common stock or warrants and the development of a liquid trading market; our ability to successfully promote our products and services; customer acceptance of our products and services; our continued ability to pay operating expenses and our ability to meet demand for our products and services; the amount and nature of competition from other security and telecommunications products and services; the effects of changes in cybersecurity and telecommunications markets; our ability to successfully develop new products and services; our success in establishing and maintaining strategic collaboration, licensing and supplier arrangements; our ability to comply with applicable laws; and 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 in our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contact for investor relations

Walter Frank
IMS Investor Relations
203.972.9200
[email protected]

Snapdragon and Snapdragon Spaces are trademarks or registered trademarks of Qualcomm Incorporated. Snapdragon Spaces is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.