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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Innovative Eyewear Inc | NASDAQ:LUCY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0103 | 3.24% | 0.3283 | 0.3171 | 0.3279 | 0.369 | 0.302 | 0.302 | 2,334,341 | 00:49:38 |
MIAMI, Jan. 11, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of cutting-edge smart eyewear and operator of the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands for smartglasses, is pleased to disclose a summary of notable achievements in 2023, primarily in the product development sphere. The Company believes these developments have significantly advanced its goal of building the global standard in smart eyewear.
Model wearing the Lucyd Lyte® Jupiter XL style. Courtesy of Innovative Eyewear, Inc.
Frame & Software Innovations
Intellectual Property
Marketing and Brand Initiatives
In sum, the year included what we believe were positive trends in the Company overall, including landmark improvements to our core products, accelerating market traction and an expanding intellectual property portfolio. "2023 was a challenging year in global markets, but I am pleased to share that our Company is growing, and making great strides towards our goal of mass-market consumer adoption of smart eyewear. Thanks to new enhancements of our core product and marketing initiatives, we are satisfying more customers than ever with our brand promise to Upgrade Your Eyewear®. We anticipate 2024 to bring many exciting new developments surrounding the launch of our first co-branded lines with Nautica, Eddie Bauer and Reebok, and the launch of the Lucyd Lion Bluetooth Safety Glass line," said Harrison Gross, CEO Innovative Eyewear.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer of cutting-edge ChatGPT-enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
Forward Looking Statements
This press release contains certain forward-looking statements, including those relating to the Company's business operations, projections, market position, future product lines and developments and intellectual property portfolio. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K under the caption "Risk Factors."
Investor Relations Contact:
Innovative Eyewear Inc.
Scott Powell
Skyline Corporate Communications Group, LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/innovative-eyewear-inc-2023-year-end-review-302031992.html
SOURCE Innovative Eyewear Inc.
Copyright 2024 PR Newswire
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