TIDMTEK
Tekcapital plc
12 April 2023
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12 April 2023
Tekcapital Plc
("Tekcapital", the "Company" or the "Group")
Innovative Eyewear, Inc. Files Patent For ChatGPT Enabled Smart
Eyewear
Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual
property investment group notes that Innovative Eyewear, Inc.
("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the
developer and retailer of smart eyewear under the Lucyd(R),
Nautica(R), and Eddie Bauer(R) brands, announces today that it has
filed a new patent application entitled SYSTEM, APPARATUS, AND
METHOD FOR USING A CHATBOT, US Patent Application number
18/189,547.
The software system covered by the patent application focuses on
one or more smart devices, which may include smart glasses, that
operate with chatbots such as ChatGPT. The inventive application
may provide an efficient and effective tool for obtaining a desired
response drawn from one or multiple chatbots. The invention
accomplishes this by using an innovative technique for choosing
from and prioritizing data that may be drawn simultaneously from a
number of different chatbots or AI language models. The invention
allows for text, audio, and image data to be provided in response
to user queries.
"We believe we are the first smart eyewear company to provide
(patent-pending), artificial intelligence voice accessibility on
Bluetooth-enabled eyewear. With our new Lucyd app, we are
continuing to make eyewear more flexible and smarter than ever
before," says Harrison Gross, CEO of Innovative Eyewear.
The Lucyd app provides audible/spoken output of the popular
ChatGPT language model, enabling more natural communication between
the user and this powerful AI chatbot. The app can be used with any
smartphone or hearable device to enable verbal interaction with
ChatGPT, including audio glasses made by Innovative Eyewear.
The company will be showcasing its hardware and software at the
eMerge tech conference in Miami, FL April 20(th) -21(st) and
encourages interested parties to attend.
Lucyd Lyte ChatGPT-enabled smart eyewear can be purchased
online, in any prescription at Lucyd.co .
Ironically, March 2023 is the 150(th) anniversary of the
introduction of the QWERTY keyboard and production of the Remington
typewriter.
On June 23, 1868, a patent was granted to Christopher Sholes,
Carlos Glidden, and Samuel W. Soule for a "Type-Writer" which was
eventually developed into the Sholes and Glidden typewriter, the
first device that allowed an operator to type substantially faster
than a person could write by hand. The patent ( U.S. patent #
79,265 ) was sold to Densmore and Yost, who agreed with E.
Remington and Sons (then famous as a manufacturer of sewing
machines) to commercialize what was known as the Sholes and Glidden
Type-Writer. Remington started production of their first typewriter
on March 1, 1873, in Ilion, New York. The Type-Writer introduced
the QWERTY, designed by Sholes, et al.
Remington No. 1 typewriter (pictured on the right above), made
by Remington & Sons, Ilion, NY, 1873-1878. This is the first
Sholes & Glidden model typewriter made by Remington &
Sons
The mechanical QWERTY keyboard and its digital equivalent can be
considered a transitional data entry device, whose importance could
be supplanted by more natural and ergonomic interfaces. Voice
control on wearables is a key example of an extremely efficient
method for interfacing with computing devices, that is faster and
more ergonomic than typing. With ChatGPT specifically, the new
Lucyd app makes it significantly easier to use, because the typical
input into ChatGPT is long-form paragraphs of text which is often
too cumbersome to type on a mobile device, requiring the user to be
on a desktop computer to use ChatGPT effectively. The Lucyd app
makes it fully voice-controlled, and therefore mobile friendly for
the first time.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of cutting-edge
smart eyewear, under the Lucyd(R) , Nautica(R) & Eddie Bauer(R)
brands. True to our mission to Upgrade Your Eyewear(R) , 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 .
Tekcapital currently owns 5,189,086 shares (approximately 67%)
of Innovative Eyewear, Inc.
For further information, please contact:
Tekcapital Plc Via Flagstaff
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP
(Nominated Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison/Charlie Bouverat (Corporate
Finance)/Abigail Wayne / Rob Rees (Corporate
Broking)
Flagstaff Strategic and Investor Communications +44 (0) 20 7129 1474
Tim Thompson/Andrea Seymour/Fergus Mellon
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com .
LEI: 213800GOJTOV19FIFZ85
Forward-Looking Statements
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving Innovative Eyewear, Inc., Lucyd or
Tekcapital that may constitute forward-looking statements. These
statements may be identified by words such as "expect," "look
forward to," "anticipate" "intend," "plan," "believe," "seek,"
"estimate," "will," "project" or words of similar meaning. We may
also make forward-looking statements in other reports, in
presentations, in material delivered to customers, stakeholders and
in press releases. In addition, our representatives may from time
to time make oral forward-looking statements. Such statements may
be based on the current expectations and certain assumptions of
Tekcapital, Innovative Eyewear Inc. or Lucyd's management. Please
note that these are subject to a number of risks, uncertainties and
factors, including, but not limited to those described in various
disclosures. Should one or more of these risks or uncertainties
materialize, or should underlying expectations not occur or
assumptions prove incorrect, actual results, performance or
achievements of Innovative Eyewear Inc., Lucyd and/or Tekcapital
may vary materially from those described explicitly or implicitly
in the relevant forward-looking statement. Other than as required
by relevant regulation or law, neither Innovative Eyewear Inc,
Lucyd nor Tekcapital intends, nor assumes any obligation, to update
or revise these forward-looking statements in light of developments
which differ from those anticipated.
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END
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April 12, 2023 03:00 ET (07:00 GMT)
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