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Tekcapital portfolio firm Lucyd launches new smart glasses

By Josh White

Date: Monday 20 Jan 2020

Tekcapital portfolio firm Lucyd launches new smart glasses

(Sharecast News) - Intellectual property investment company Tekcapital announced on Monday that its portfolio company Lucyd, the smartglass developer and operator of an e-shop for tech eyewear, was launching its third line of 'Lucyd Loud Bluetooth' glasses on 27 January.
The AIM-traded firm said the prescription-compatible audio glasses offered "enhanced" sound quality, comfort and style at what was described as "an attractive price".

It said Lucyd Loud eyewear was its most advanced entry in the wearables market, adding smart features to eyeglasses in a form factor similar to traditional spectacles.

Lucyd focussed on ergonomics and utility in its products, and was one of the first companies to deliver prescription smart glasses.

"We are extremely excited to bring this new line of enhanced eyewear to the glasses-wearing public," said Lucyd chief executive officer Harrison Gross.

"We have taken in a huge amount of feedback and user stories on our previous models and used this information to catalyze our development of Loud 3.0.

"It is my firm belief that these new smart glasses represent a significant leap over other options in the space, with their superior combination of quality, prescription adaptability and price."

The goal of Lucyd Loud was to enable the user to "live more freely and conveniently", by making a number of smartphone functions available with a tap on the glasses.

In addition to making calls and listening to music, with digital assistants like 'Siri' and 'Google Voice', Lucyd Loud would enable the wearer to summon a rideshare driver, send funds and get directions handsfree.

"We are very glad to see the continuous development of Lucyd's products and brand as it seeks to capitalise on its first-mover advantage in providing prescription, Bluetooth enabled eyewear," said Tekcapital executive chairman Dr Clifford Gross.

At 1203 GMT, shares in Tekcapital were down 4.17% at 5.75p.


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