INNOVATIVE EYEWEAR INC.


Associated tags: ChatGPT, Nautica, Collection, Eddie Bauer, LUCY

Locations: INDIA, CALIFORNIA, CLEVELAND, FLORIDA

Innovative Eyewear Inc. Reports 2023 Financial Results

Retrieved on: 
Monday, March 25, 2024

MIAMI, March 25, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ: LUCY, LUCYW), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that, for the year ended December 31, 2023, the Company's revenues were $1,152,479, an increase of approximately 75% as compared to revenues of $659,788 for the year ended December 31, 2022. This year-over-year growth was primarily the result of revenue improvements in both direct-to-consumer and Amazon channels.

Key Points: 
  • Innovative Eyewear was the first eyewear company to create a patent pending voice interface for ChatGPT, setting a new standard for interactivity within the industry in March 2023.
  • This forward-thinking integration underscores the company's commitment to staying at the cutting edge of smart eyewear.
  • We plan to continue to pioneer the integration of GenAI within the smart eyewear sector.
  • Harrison Gross, CEO of Innovative Eyewear Inc., stated, "Our growth trajectory is a testament to our team's hard work and the strategic decisions we've made over the past year.

Innovative Eyewear, Inc. Commences Shipping of Nautica Smart Eyewear Collection

Retrieved on: 
Thursday, February 1, 2024

MIAMI, Feb. 1, 2024 /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 proud to announce the Nautica Smart Eyewear Collection has commenced shipping direct to customers in the US, with Canada and Mexico available shortly.

Key Points: 
  • MIAMI, Feb. 1, 2024 /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 proud to announce the Nautica Smart Eyewear Collection has commenced shipping direct to customers in the US, with Canada and Mexico available shortly.
  • Additionally, the product has begun shipping to select Nautica retailers in LATAM, Japan and Europe for review and potential inclusion in their product lineups.
  • The Nautica Powered by Lucyd collection from Innovative Eyewear offers 8 distinct styles, combining our smart eyewear technology with fashion-forward design.
  • The Company recently received coverage on its cobranded Nautica smart eyewear in Women's Wear Daily, a leading US fashion publication.

Innovative Eyewear, Inc. 2023 Year-end Review

Retrieved on: 
Thursday, January 11, 2024

The Company believes these developments have significantly advanced its goal of building the global standard in smart eyewear.

Key Points: 
  • The Company believes these developments have significantly advanced its goal of building the global standard in smart eyewear.
  • Launched the patent-pending Lucyd app which enables handsfree connection to ChatGPT when the glasses are connected to most Apple devices.
  • Thanks to improved products and marketing, we have seen growth in most verticals in 2023, including a larger social media following.
  • The Company was featured in a number of leading business news outlets in 2023, including Forbes , Benzinga and Modern Wall Street .

Innovative Eyewear, Inc. Receives Notice of Allowance for Fourteen Patent Applications

Retrieved on: 
Wednesday, January 10, 2024

MIAMI, Jan. 10, 2024 /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 pleased to announce it has received Notices of Allowance from the United States Patent and Trademark in fourteen design patent applications protecting the Company's Lucyd Lyte eyewear designs.

Key Points: 
  • MIAMI, Jan. 10, 2024 /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 pleased to announce it has received Notices of Allowance from the United States Patent and Trademark in fourteen design patent applications protecting the Company's Lucyd Lyte eyewear designs.
  • Receipt of a Notice of Allowance indicates that claims in the patent applications are patentable, and Innovative Eyewear expects the patents to be issued after payment of issue fees.
  • These design patents are directed to Innovative Eyewear front plate and temple designs.
  • "We are thrilled to receive these Notices of Allowance," said Harrison Gross, Innovative Eyewear CEO.

Innovative Eyewear, Inc. and IngenioSpec LLC Announce License Agreement

Retrieved on: 
Friday, January 5, 2024

MIAMI, Jan. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and seller of smart eyewear and IngenioSpec LLC a developer of smart eyewear are pleased to announce a license agreement and settlement covering multiple IngenioSpec smart eyewear patents (IP).

Key Points: 
  • MIAMI, Jan. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and seller of smart eyewear and IngenioSpec LLC a developer of smart eyewear are pleased to announce a license agreement and settlement covering multiple IngenioSpec smart eyewear patents (IP).
  • Harrison Gross, CEO of Innovative Eyewear, said "We are pleased to have entered into a license agreement with IngenioSpec.
  • non-exclusive license includes patents directed to a wide variety of smart eyewear features which we may include in our future products.
  • We believe the combination of this IP with Innovative Eyewear's current portfolio of 63 owned and exclusively licensed patents and applications, provides a potential competitive advantage for us in the smart eyewear marketplace."

Innovative Eyewear, Inc. Signs Professional Football Player Emmanuel Ogbah as Brand Ambassador

Retrieved on: 
Thursday, December 14, 2023

Emmanuel Ikechukwu Ogbah is a Nigerian professional football defensive end for the Miami Dolphins.

Key Points: 
  • Emmanuel Ikechukwu Ogbah is a Nigerian professional football defensive end for the Miami Dolphins.
  • He played college football at Oklahoma State and was drafted by the Cleveland Browns in the second round of the 2016 NFL Draft.
  • Harrison Gross, CEO of Innovative Eyewear, said "As a Miami-native brand, I am thrilled to partner with one of our local all-stars.
  • Emmanuel Ogbah, Defensive End of the Miami Dolphins, said "I'm excited to join the Innovative Eyewear family.

Innovative Eyewear, Inc. Announces the 2.0 Release of its Android ChatGPT App for Smart Eyewear

Retrieved on: 
Tuesday, December 12, 2023

MIAMI, Dec. 12, 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 pleased to announce a key update to the Company's Lucyd app for Android, the first app to enable a voice interface for ChatGPT.

Key Points: 
  • MIAMI, Dec. 12, 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 pleased to announce a key update to the Company's Lucyd app for Android, the first app to enable a voice interface for ChatGPT.
  • These tools use pre-specified parameters to generate useful types of analysis and copywriting from ChatGPT more rapidly.
  • Additionally, the app is in the final stages of approval with Google for enabling handsfree Google Voice access to ChatGPT on Lucyd Eyewear.
  • Harrison Gross, CEO of Innovative Eyewear, said "We are excited to launch the new version of the Lucyd app for Android, which powers seamless voice access to ChatGPT on Lucyd eyewear.

Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group

Retrieved on: 
Monday, December 11, 2023

MIAMI, Dec. 11, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Key Points: 
  • MIAMI, Dec. 11, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.
  • We are changing that forever by producing smart eyewear that is not only a functional Bluetooth accessory, but a fun and trendy fashion statement," said Harrison Gross, CEO of Innovative Eyewear.
  • Nautica smart eyewear will be made in eight initial sunglass styles, with two of the styles also available with a blue light-blocking lens for indoor use.
  • Partnering with Innovative Eyewear to launch Nautica Smart Eyewear allows us to take that commitment to the next level.

Innovative Eyewear, Inc. Launches Upgraded Charging Dock for ChatGPT-enabled Smart Eyewear

Retrieved on: 
Thursday, November 16, 2023

MIAMI, Nov. 16, 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 pleased to announce a new edition of the Company's patent-pending Lucyd Dock product.

Key Points: 
  • MIAMI, Nov. 16, 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 pleased to announce a new edition of the Company's patent-pending Lucyd Dock product.
  • The Lucyd Dock is a first-of-its-kind charging accessory for smart eyewear.
  • Users can simply drop Lucyd Lyte eyewear on the Dock to charge, just as they would drop traditional glasses on the nightstand or desk before bed.
  • Harrison Gross, CEO of Innovative Eyewear, said "We are closer than ever to our goal of the world's most user-friendly smartglasses with the launch of the Lucyd Dock 2.0.

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

Retrieved on: 
Tuesday, October 17, 2023

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."