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Innovative Eyewear Announces Secure Walkie Channels for the Lucyd App, Unlocking New Potential for Corporations and Teams Worldwide

1. Lucyd App's Walkie feature now offers secure private channels for premium subscribers. 2. Enhancements provide encrypted communication for businesses needing confidentiality. 3. Benefits include improved efficiency and reduced communication errors. 4. Target sectors: corporate teams, healthcare, retail, logistics, and security. 5. Subscription for secure channels costs $7.99/month, with launch on 02/24/25.

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FAQ

Why Bullish?

The update enhances LUCY's value proposition, tapping into critical business communication needs, similar to how Zoom surged during the pandemic as organizations sought reliable, secure communication tools.

How important is it?

The introduction of a crucial communication feature appeals to multiple industries, positioning LUCY as a competitive player in smart eyewear and communication sectors.

Why Short Term?

The immediate subscription revenue from the premium service can boost LUCY's financial performance rapidly, similar to initial impacts seen by companies like Slack after launching new features.

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, /PRNewswire/ -- Innovative Eyewear, Inc. (Nasdaq: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced a significant update to the Lucyd App's Walkie feature. This new enhancement enables premium subscribers access to secure and private walkie channels, providing businesses and organizations with a powerful tool to communicate confidentially and seamlessly through Lucyd smart eyewear. The Lucyd app’s new Private Channel interface for enterprise use. Courtesy Innovative Eyewear, Inc. The Lucyd App's Walkie feature has revolutionized communication by offering users a walkie-talkie channel through their Lucyd glasses, making it easy to stay in touch hands-free while on the go. With this latest update, the addition of secure walkie channels takes it a step further, allowing premium users to establish private, encrypted communication channels that ensure the confidentiality of all of your conversations. This update is especially beneficial for companies, corporations, and industries that require secure, real-time communication between teams. Whether it's for executives managing sensitive information, retail teams coordinating on the shop floor, or logistics operations in need of constant coordination, Lucyd's secure walkie channels provide an unparalleled level of security and convenience. The ability to communicate over private channels can improve operational efficiency, reduce communication errors, and protect sensitive information from potential theft. Through Lucyd glasses, users are now able to keep their conversations private, even in busy, noisy environments, offering an advantage for enterprises dealing with sensitive data.This update supports businesses and enterprises across various sectors including: Corporate Teams: Streamlining communication within large organizations where sensitive discussions need to be securely transmitted without the risk of interception. Healthcare: Hospitals and healthcare facilities can use secure channels to communicate critical patient information without the risk of unauthorized access. Retail Operations: Retail managers and floor staff can coordinate securely, improving efficiency while maintaining discretion on sensitive business operations or customer service issues. Logistics & Security: Delivery drivers, warehouse personnel, and security teams can keep in constant communication, knowing their transmissions are secure and confidential. The launch of this feature is expected to transform the way teams collaborate, unlocking new potential for smart communication across the globe."We are thrilled to roll out this major update to the Lucyd App Walkie feature, allowing premium users to take advantage of secure and private communication channels," commented Harrison Gross, CEO of Innovative Eyewear Inc. "We believe this enhancement will open entirely new possibilities for businesses and teams around the world, making Lucyd smart eyewear a more valuable tool for secure, real-time communication in the workplace. This is just the beginning of what we envision as a critical part of the future of corporate communication."Secure walkie channels are now available for premium subscribers at a cost of $7.99/month. The update was officially launched on 2/24/25, and businesses looking to take advantage of this cutting-edge communication feature can subscribe to the premium service through the Lucyd App.About Innovative Eyewear Inc.Innovative Eyewear is a developer and retailer of ChatGPT smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth smart 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.Forward Looking StatementsThis press release contains certain forward-looking statements, including those relating to the anticipated introduction of new products and features, and timing of improvements and enhancements to our current products. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the expected launch date for the new smart safety eyewear connection. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2023, under the caption "Risk Factors."Media Contact:Sai MainEmail: [email protected]Investor Relations Contact:Scott PowellSkyline Corporate Communications Group, LLCOffice: +1 (646) 893-5835Email: [email protected]SOURCE Innovative Eyewear, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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