Lyte | Jotup

Phunware Announces Wind Down of Lyte Technology’s Operations to Reinforce Core Mission

Retrieved on:

Wednesday, November 1, 2023

Sale, Location, Wind, Software as a service, Lyte, Phunware

As previously communicated, the decision to wind down the operations of Lyte now follows an extensive and comprehensive assessment of various strategic alternatives available and may be followed by the disposition of remaining Lyte assets via a sale or otherwise.

Key Points:

As previously communicated, the decision to wind down the operations of Lyte now follows an extensive and comprehensive assessment of various strategic alternatives available and may be followed by the disposition of remaining Lyte assets via a sale or otherwise.
“The choice to wind down Lyte operations follows an assessment of that business in the context of Phunware’s future direction,” said CEO Mike Snavely.
“This transition is both a good financial decision in that it eliminates inventory carrying costs and operational staff expenses, reducing our cash burn by about $2MM annually.
It’s also a demonstration that we’re fully invested in our enterprise software business, which has been the cornerstone of the company’s operational success.

Innovative Eyewear, Inc. Launches the Lyte XL Smart Eyewear Collection

Retrieved on:

Tuesday, October 17, 2023

Amazon (company), Collection, LUCY, ChatGPT, Lyte, Peter Hancock (professor), Online shopping

MIAMI, Oct. 17, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is excited to announce a new collection of smart eyewear with enhanced features and comfort.

Key Points:

MIAMI, Oct. 17, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is excited to announce a new collection of smart eyewear with enhanced features and comfort.
The Lyte XL collection introduces several significant improvements to the Company's core product line, including the following:
Six new styles of smart eyewear featuring a mix of modern and classic shapes, and the return of metal aviators to the Lucyd lineup.
Harrison Gross, CEO of Innovative Eyewear, said "The Lyte XL collection is the culmination of years of smart eyewear R&D, and addresses several key points of consumer feedback on our products.
Be sure to download our free Lucyd app to access the power of ChatGPT on our smart eyewear."

Innovative Eyewear, Inc. Interim Company Update

Retrieved on:

Thursday, August 3, 2023

Lyte, Partnership, Eddie Bauer, LUCY, Marketing, ChatGPT, Collection, Sound, Growth, Mobile phone, Video game, Nautica, Q2, Reebok

Miami, FL , Aug. 03, 2023 (GLOBE NEWSWIRE) -- Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to share an interim company update regarding the Company’s remarkable progress in 2023.

Key Points:

Miami, FL , Aug. 03, 2023 (GLOBE NEWSWIRE) -- Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to share an interim company update regarding the Company’s remarkable progress in 2023.
The Company recently entered into an engagement with a leading key account consultancy with significant experience in retail placement of eyewear.
Additionally, the Company recently signed an agreement with a bespoke influencer marketing agency, to promote the Company’s products.
In August 2023, the Company expects to launch a significant update to the Lucyd App, its patent-pending, voice-controlled onramp to ChatGPT for smart eyewear.

Eyewear Market to be Worth $323.77 Billion by 2030 - Grand View Research, Inc.

Retrieved on:

Wednesday, June 14, 2023

Lyte, Radiation, Face, Internet, Contact lens, Feedback, History, Sunglasses, USD, Remake, Wood, Market, Volume, Collection, UV, SAN, Growth, Paper, Wool, Marketing, Retail

SAN FRANCISCO, June 14, 2023 /PRNewswire/ -- The global eyewear market size is expected to reach USD 323.77 billion by 2030, expanding at a CAGR of 8.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.

Key Points:

SAN FRANCISCO, June 14, 2023 /PRNewswire/ -- The global eyewear market size is expected to reach USD 323.77 billion by 2030, expanding at a CAGR of 8.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.
Based on the distribution channel, the e-commerce segment is anticipated to observe a considerable growth rate of 9.7% by 2030.
Read 171-page market research report, " Eyewear Market Size, Share & Trends Analysis Report By Product (Contact Lenses, Spectacles, Sunglasses), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
Grand View Research has segmented the global eyewear market based on product, distribution channel, and region
Eyewear Market - Product Outlook (Volume, Million Units; Revenue, USD Billion, 2018 - 2030)

Eyewear Market to be Worth $323.77 Billion by 2030 - Grand View Research, Inc.

Retrieved on:

Wednesday, June 14, 2023

Lyte, Radiation, Face, Internet, Contact lens, Feedback, History, Sunglasses, USD, Remake, Wood, Market, Volume, Collection, UV, SAN, Growth, Paper, Wool, Marketing, Retail

SAN FRANCISCO, June 14, 2023 /PRNewswire/ -- The global eyewear market size is expected to reach USD 323.77 billion by 2030, expanding at a CAGR of 8.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.

Key Points:

SAN FRANCISCO, June 14, 2023 /PRNewswire/ -- The global eyewear market size is expected to reach USD 323.77 billion by 2030, expanding at a CAGR of 8.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.
Based on the distribution channel, the e-commerce segment is anticipated to observe a considerable growth rate of 9.7% by 2030.
Read 171-page market research report, " Eyewear Market Size, Share & Trends Analysis Report By Product (Contact Lenses, Spectacles, Sunglasses), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
Grand View Research has segmented the global eyewear market based on product, distribution channel, and region
Eyewear Market - Product Outlook (Volume, Million Units; Revenue, USD Billion, 2018 - 2030)

Innovative Eyewear Inc. Launches Lucyd Lyte 2.0 the Next Generation of Smart Eyewear on Amazon

Retrieved on:

Thursday, February 23, 2023

Collection, Hearing, Lyte, Amazon, LUCY, Internet, Mobile phone

MIAMI, Feb. 23, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, is proud to announce the launch of its newest collection, Lyte 2.0, now available for purchase on Amazon at https://www.amazon.com/lucyd .

Key Points:

MIAMI, Feb. 23, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, is proud to announce the launch of its newest collection, Lyte 2.0, now available for purchase on Amazon at https://www.amazon.com/lucyd .
The Lyte 2.0 collection represents the next generation of smart eyewear, featuring the latest technology and design innovations to provide users with a seamless and intuitive experience.
The new speaker system provides an enhanced mid-range and bass response compared to the previous Lucyd Lyte.
"We are excited to launch the Lyte 2.0 collection and bring the next generation of smart eyewear to our customers," said Harrison Gross, CEO of Innovative Eyewear Inc. "Our goal is to provide users with a seamless and intuitive experience, and we believe that the Lyte 2.0 collection represents a major step forward in the evolution of smart eyewear."

Phunware’s PhunToken to Co-Sponsor Consensus 2022 in Austin

Retrieved on:

Wednesday, June 8, 2022

AUSTIN, Texas , June 08, 2022 (GLOBE NEWSWIRE) -- PhunToken (PHTK), the innovative cryptocurrency enabling global brands to digitally engage and reward customers for profitable behavior, and its creator Phunware, Inc. (NASDAQ: PHUN ) (Phunware or the Company) a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, will co-sponsor Consensus 2022 , which will take place in Austin, Texas, from June 9-12, 2022.

Key Points:

AUSTIN, Texas , June 08, 2022 (GLOBE NEWSWIRE) -- PhunToken (PHTK), the innovative cryptocurrency enabling global brands to digitally engage and reward customers for profitable behavior, and its creator Phunware, Inc. (NASDAQ: PHUN ) (Phunware or the Company) a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, will co-sponsor Consensus 2022 , which will take place in Austin, Texas, from June 9-12, 2022.
The Company will also be launching the PhunToken Consensus Quest on PhunWallet, offering opportunities to win over $100K in rewards, plus a Lyte Mining PC.
For more information and to download the app to join the quest, please visit https://www.phunware.com/phuntoken-consensus-quest/ .
The 2022 Consensus festival is the only event covering all sides of blockchain, crypto, Web 3 and the metaverse.

Tekcapital Plc ("Tekcapital", the “Company” or the “Group”) Portfolio Company Update: Lucyd Ltd (“Lucyd”) Lucyd Signs Purchase & Distribution Agreement

Retrieved on:

Tuesday, July 6, 2021

Ophthalmology, Eyewear, Glasses, Protective gear, Sports equipment, Equipment, Lyte, Clothing, Consumer goods

This agreement sets out a minimum purchase requirement of US$4.6m worth of Lucyd Lyte e-glasses over 30 months, to maintain retail distribution exclusivity in Canada.

Key Points:

This agreement sets out a minimum purchase requirement of US$4.6m worth of Lucyd Lyte e-glasses over 30 months, to maintain retail distribution exclusivity in Canada.
Lucyd believes this agreement will likely result in significant market penetration of its Lyte glasses throughout all provinces and territories in Canada.
Harrison Gross, Lucyd cofounder and CEO said, We are excited to sign this agreement with a leading Canadian eyewear distributor.
Neither 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.

Financial Expert Dr. Lynn Richardson Inspires With Her Latest Book: "Beyond 2020: Life and Business Lessons on Thriving Amidst a Pandemic"

Retrieved on:

Tuesday, April 20, 2021

Moorer, Lyte, Musicians

Fully capturing life\'s highs and lows, the heart-stirring narratives of these authors from Dr. Lynn\'s New W.E.A.L.T.H.

Key Points:

Fully capturing life\'s highs and lows, the heart-stirring narratives of these authors from Dr. Lynn\'s New W.E.A.L.T.H.
University Author\'s Collaboration Circle highlight the unfaltering resilience of African American women from a modern-day perspective.
Dr. Lynn conceived the idea of the Beyond 2020project when reflecting on her life experiences in the years following the 2008 recession.
Lynn tapped her friend and business partner Lana "MC Lyte" Moorer to set the tone for the collection with a touching foreword.

Lucyd Introduces Lyte Bluetooth E-glasses, an Evolved Wearable Emerging from the 700 Year History of Eyewear.

Retrieved on:

Tuesday, January 5, 2021

Sunglasses, Lyte, Eyewear

MIAMI, Jan. 5, 2021 /PRNewswire/ -- Lucyd , the smart eyewear and wearable software developer,is proud to introduce the Lucyd Lyte.

Key Points:

MIAMI, Jan. 5, 2021 /PRNewswire/ -- Lucyd , the smart eyewear and wearable software developer,is proud to introduce the Lucyd Lyte.
The Lyte represents both the pinnacle of form factor for tech glasses and a technology evolution in the miniaturization of components.
Lucyd's mission is to Upgrade your eyewear with advanced, tech-infused, ergonomic frames that are easy and fun to wear.
"The new Lucyd Lyte collection is affordable at $149 and will work seamlessly with ourVyrbapplication bringing true voice interaction to our social media interactions."