Latest news with #MudraLink
Yahoo
3 days ago
- Business
- Yahoo
Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices
Yokneam Illit, Israel, May 30, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the 'Company' or 'Wearable Devices') (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence ('AI")-powered touchless sensing wearables, recently announced that the United States Patent and Trademark Office has granted a continuation of its patent titled 'Gesture and Voice-Controlled Interface Device', strengthening its leadership in revolutionizing intuitive human-device interactions for next-generation digital ecosystems. Traditional gesture sensing systems continuously track hand and finger movements but lack clear "start" and "end" points, making it difficult for devices to understand when a user truly intends to zoom, adjust volume, or manipulate an object. As a result, unintuitive solutions have been used - such as requiring the use of both hands, adding special buttons, or abandoning continuous control altogether. The same goes for voice assistants, which require a 'wake word', prompting them to wait for further instructions. Wearable Devices' newly allowed patent defines a method to extract precise start and end points from continuous gestures. This breakthrough enables devices to support natural and intuitive control gestures like pinch-to-zoom not just for zooming images, but also for adjusting volume, resizing objects, or moving elements - seamlessly and touch-free. The technology is ideally suited for augmented reality ('AR') headsets, gesture-controlled smart devices, and wearable controllers based on cameras, Inertial Measurement Unit (IMU), or electromyography (EMG) sensors - making mid-air fine control finally accessible and natural. About Wearable Devices Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company's consumer products - the Mudra Band and Mudra Link - are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems. Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality ('XR'). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/virtual reality ('VR')/XR to smart environments. By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world's fastest-growing tech markets. Wearable Devices' ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols 'WLDS' and 'WLDSW,' respectively. Forward-Looking Statements 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 products and technology, our aim to make neural input as intuitive and accessible as possible, and the potential of our touchless control technology in enabling devices to support natural and intuitive control gestures. 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, 2024, filed on March 20, 2025 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 Contact Michal Efraty IR@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
3 days ago
- Business
- Associated Press
Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices
Yokneam Illit, Israel, May 30, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the 'Company' or 'Wearable Devices') (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence ('AI')-powered touchless sensing wearables, recently announced that the United States Patent and Trademark Office has granted a continuation of its patent titled 'Gesture and Voice-Controlled Interface Device', strengthening its leadership in revolutionizing intuitive human-device interactions for next-generation digital ecosystems. Traditional gesture sensing systems continuously track hand and finger movements but lack clear 'start' and 'end' points, making it difficult for devices to understand when a user truly intends to zoom, adjust volume, or manipulate an object. As a result, unintuitive solutions have been used - such as requiring the use of both hands, adding special buttons, or abandoning continuous control altogether. The same goes for voice assistants, which require a 'wake word', prompting them to wait for further instructions. Wearable Devices' newly allowed patent defines a method to extract precise start and end points from continuous gestures. This breakthrough enables devices to support natural and intuitive control gestures like pinch-to-zoom not just for zooming images, but also for adjusting volume, resizing objects, or moving elements - seamlessly and touch-free. The technology is ideally suited for augmented reality ('AR') headsets, gesture-controlled smart devices, and wearable controllers based on cameras, Inertial Measurement Unit (IMU), or electromyography (EMG) sensors - making mid-air fine control finally accessible and natural. About Wearable Devices Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company's consumer products - the Mudra Band and Mudra Link - are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems. Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality ('XR'). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/virtual reality ('VR')/XR to smart environments. By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world's fastest-growing tech markets. Wearable Devices' ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols 'WLDS' and 'WLDSW,' respectively. Forward-Looking Statements 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 products and technology, our aim to make neural input as intuitive and accessible as possible, and the potential of our touchless control technology in enabling devices to support natural and intuitive control gestures. 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, 2024, filed on March 20, 2025 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 Contact Michal Efraty [email protected]
Yahoo
3 days ago
- Business
- Yahoo
Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices
Yokneam Illit, Israel, May 30, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the 'Company' or 'Wearable Devices') (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence ('AI")-powered touchless sensing wearables, recently announced that the United States Patent and Trademark Office has granted a continuation of its patent titled 'Gesture and Voice-Controlled Interface Device', strengthening its leadership in revolutionizing intuitive human-device interactions for next-generation digital ecosystems. Traditional gesture sensing systems continuously track hand and finger movements but lack clear "start" and "end" points, making it difficult for devices to understand when a user truly intends to zoom, adjust volume, or manipulate an object. As a result, unintuitive solutions have been used - such as requiring the use of both hands, adding special buttons, or abandoning continuous control altogether. The same goes for voice assistants, which require a 'wake word', prompting them to wait for further instructions. Wearable Devices' newly allowed patent defines a method to extract precise start and end points from continuous gestures. This breakthrough enables devices to support natural and intuitive control gestures like pinch-to-zoom not just for zooming images, but also for adjusting volume, resizing objects, or moving elements - seamlessly and touch-free. The technology is ideally suited for augmented reality ('AR') headsets, gesture-controlled smart devices, and wearable controllers based on cameras, Inertial Measurement Unit (IMU), or electromyography (EMG) sensors - making mid-air fine control finally accessible and natural. About Wearable Devices Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company's consumer products - the Mudra Band and Mudra Link - are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems. Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality ('XR'). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/virtual reality ('VR')/XR to smart environments. By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world's fastest-growing tech markets. Wearable Devices' ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols 'WLDS' and 'WLDSW,' respectively. Forward-Looking Statements 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 products and technology, our aim to make neural input as intuitive and accessible as possible, and the potential of our touchless control technology in enabling devices to support natural and intuitive control gestures. 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, 2024, filed on March 20, 2025 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 Contact Michal Efraty IR@ in to access your portfolio
Associated Press
17-03-2025
- Business
- Associated Press
Wearable Devices Expands to Next-Gen Neural Interaction for Everyday Life After Securing Patent in the United States
The patent protects Wearable Devices' innovative neural measurement of weight, torque, and force applied with multiple real-world use-cases for Brain-Computer Interfaces, Industry 4.0, and Extended Reality YOKNEAM ILLIT, ISRAEL, March 17, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the 'Company' or 'Wearable Devices') (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence ('AI')-powered touchless sensing wearables, announced that it has received a notice of allowance for its patent application entitled 'Gesture and Voice-Controlled Interface Device' by the United States Patent and Trademark Office. Certain claims of the patent protect the Company's revolutionary gesture-controlled interface ability to be used as wearable scale measuring real-world physical properties from the wrist. The patent covers, inter alia, the ability to estimate the weight of an object, the torque that the user applies fastening rotating objects such as screws and faucets, and measuring the force applied by a user when fastening a connector of an electrical cable harness, along with other innovations in the fields of voice commands, user experience, extended reality ('XR') embodiment and brain computer interface. The innovation covered by the patent may be beneficial in multiple real-world applications, with three dominant use cases: enhancing embodiment for individuals with severe disabilities, increasing productivity in logistics and industrial environments, and improving immersion in virtual environments. The patent is part of the Company's intellectual property ('IP') strategy to broaden the protection of its core IP globally using patent families that cover multiple future applications of wearable bio-potential sensors and allows the Company to adapt its patent portfolio in real time to future changes in global markets. 'The newly allowed patent demonstrates the power of neural interfaces in enhancing everyday tasks - whether it's weighing groceries, measuring the torque applied when closing a faucet, or ensuring connectors are properly fastened. Now that the patent is secured, we are diligently integrating these advanced features into our products to enrich our customers' lives,' stated Mr. Guy Wagner, co-founder, President and Chief Science Officer of Wearable Devices Ltd. About Wearable Devices Ltd. Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company's innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding augmented reality (AR), virtual reality (VR) and XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices' ordinary shares and warrants trade on the Nasdaq 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 our technology and its potential benefits and our IP strategy. 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.
Associated Press
03-03-2025
- Business
- Associated Press
Wearable Devices to Showcase the World's First Neural Sensing Wristband at MWC Barcelona 2025
The Company will demonstrate its newly launched Mudra Link across multiple operating systems alongside the Mudra Dev-Kit, with a strong focus on Extended Reality (XR) and smart glasses applications Yokneam Illit, Israel, March 03, 2025 (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, today announced its participation at MWC Barcelona 2025 ('MWC 2025'), the world's leading event for mobile technology and connectivity. The Company will showcase its latest advancements in neural gesture input technology, emphasizing the role of Mudra Link, the world's first neural sensing wristband, in XR and Smart Glasses control, alongside the Mudra Band for Apple Watch. Wearable Devices will be exhibiting at Hall 5 – 5E61, from Monday, March 3 to Thursday, March 6, 2025. At MWC 2025, Wearable Devices invites attendees to experience the Mudra Link, the first neural gesture control wristband that enables seamless interaction across Android, macOS, and Windows devices using simple gestures like tap, swipe, pinch, and drag. With Mudra Link, users can control mobile devices, apps, and computers on any OS, offering an intuitive and touch-free user experience. More importantly, Mudra Link introduces new capabilities for controlling Smart Glasses and XR applications, allowing users to interact with augmented and virtual reality environments using natural hand gestures without the need for external controllers. This latest offering represents a major step in expanding neural gesture control beyond the Apple ecosystem, bringing Wearable Devices' technology to a broader consumer audience. Alongside the Mudra Link, the Company will present a new Mudra Dev-Kit program (the 'MDK Program'). The MDK Program is tailor-made for enterprises looking to both explore, build proof of concepts and pilots before deciding on the final neural band product experience. The MDK Program also includes onsite support and training of technical and marketing teams, sample code, a hands-on demo day covering multiple uses cases. The MDK Program accelerates time to market and boost visibility for the final product, and builds confidence in using the Company's latest new and novel technology. Offir Remez, Executive Vice President of Business Development at Wearable Devices, stated, 'MWC 2025 is a premier event for mobile technology, and we are excited to demonstrate how our AI-powered neural gesture control technology is revolutionizing user interactions. With the launch of the Mudra Link, we are expanding beyond Apple and bringing our technology to a wider audience across multiple platforms. Most significantly, our focus on XR and Smart Glasses opens new doors for intuitive user experiences in digital and virtual environments. We see strong interest from both consumers and industry partners and we are looking forward to seeing co-branded products shipped in volume soon.' Asher Dahan, Chief Executive Officer of Wearable Devices, added, 'Our vision is to redefine the way users interact with technology, and our participation at MWC 2025 is a pivotal moment for us. The introduction of Mudra Link marks a major milestone, as it allows us to offer a universal neural control solution that integrates seamlessly across platforms, particularly for the emerging XR and Smart Glasses industry. Combined with the continued success of the Mudra Band for Apple Watch, we are driving the future of AI-powered, touchless interaction for consumers worldwide.' To book a meeting with our team and learn how you can integrate Mudra technology into your products and solutions, please fill out the form at this link. About Wearable Devices Ltd. Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company's innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices' ordinary shares and warrants trade on the Nasdaq 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; the potential of neural gesture control technology to redefine user interactions; and the interest from both consumers and industry partners in our technology and devices. 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.
