Industry News
Innovative Eyewear and IngenioSpec Seal Deal on Smart Eyewear Patents
In a strategic move to strengthen their position in the dynamic smart eyewear market, Innovative Eyewear has inked a multi-year, non-exclusive license agreement with IngenioSpec. This agreement encompasses a diverse range of smart eyewear features covered by various patents, providing Innovative Eyewear with the flexibility to incorporate these innovations into their upcoming products.
Harrison Gross, CEO of Innovative Eyewear, expressed his enthusiasm, stating, "We are pleased to have entered into a license agreement with IngenioSpec. This collaboration expands our technological capabilities, as the licensed patents cover a wide array of smart eyewear functionalities that can potentially be integrated into our future offerings. With this infusion of intellectual property and our existing portfolio of 63 owned and exclusively licensed patents and applications, Innovative Eyewear aims to establish a significant competitive edge in the burgeoning smart eyewear marketplace."
Innovative Eyewear is a developer of cutting-edge ChatGPT enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. The comnpany's mission is to Upgrade Your Eyewear®, with Bluetooth audio glasses that allow users to stay safely and ergonomically connected to their digital lives. It is offered in hundreds of frame and lens combinations to meet the needs of the optical market.
IngenioSpec stands out as a pioneer in the electronic eyewear market, envisioning significant advancements beyond traditional eyeglasses' basic functions. By seamlessly integrating electronics into eyewear, their cutting-edge technology offers consumers a transformative experience. This innovation extends beyond vision enhancement, tackling gadget overload with solutions like UV sensing, health tracking, photography, video recording, hands-free calls, improved hearing, music playback, and augmented reality. Leveraging IngenioSpec's patented technologies promises decreased development time, increased market share, and enhanced profits for companies venturing into the electronic eyewear space. IngenioSpec offers comprehensive support, ensuring companies can focus on launching innovative products while benefiting from state-of-the-art technology and intellectual property expertise, positioning them at the forefront of the electronic eyewear market.