Lucyd Pte Ltd. Launches eShop

RNS Number : 6665W

Tekcapital plc

03 August 2018

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

3 August 2018

Tekcapital plc

("Tekcapital" or the "Company")

Lucyd Pte Ltd. Launches eShop

Tekcapital plc (AIM: TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from university technology, is pleased to announce that portfolio company Lucyd has launched an online store to provide cutting-edge spectacles and smartglasses.

The Lucyd eShop will feature the latest technologies and trends in eyewear, including Lucyd-developed smartglasses, designer frames, and other innovations in spectacles. The eShop provides a combination of unique benefits over many eyewear shops, including:

·     Offering advanced prescription eyewear such as Bluetooth enabled glasses to connect with your mobile phone

·     High tech and fashion forward frames

·     Try before you buy with a sophisticated virtual try-on app

·     The ability to pose eye health questions to a licensed optometrist for free and,

·     A loyalty program based on purchases, referrals and Lucyd's unique LCD token

Initially the eShop will offer fashion forward, prescription eyewear and Bluetooth enabled prescription glasses as it continues to develop smartglasses, prototypes of which are expected to be available in early 2019.

Harrison Gross, Media Lead at Lucyd said,

"We are very excited to announce the launch of our eShop. The goal of Lucyd is to upgrade your eyewear, with the style and technology that fits you perfectly. We believe our eShop will transform eyeglass shopping into a fun, new experience."

About Lucyd

Lucyd Pte Ltd is developing ergonomic smartglasses, apps and fashion forward glasses in an eyewear e-shop to enhance the visual experience. The Lucyd eShop will make it easy for anyone to acquire the most advanced prescription eyewear available. To learn more please visit www.lucyd.co.

For further information, please contact:

Tekcapital plc Clifford M Gross, Ph.D.	Via Walbrook PR
finnCap Ltd (Nominated Adviser and Joint Broker)	+ 44 (0) 20 7220 0500
Geoff Nash / Max Bullen-Smith (Corporate Finance)
Alice Lane / Camille Gochez (ECM)
Dowgate Capital Stockbrokers (Joint Broker)	[phone]
David Poutney / James Serjeant
Walbrook PR Ltd	[phone]
Paul Cornelius / Sam Allen / Nick Rome		[e-mail]

Tekcapital plc - The World's Largest University Network for Open Innovation

Tekcapital's objective is to create value from investing in new, university-developed intellectual properties. Additionally, using its proprietary discovery search engine, linked to 4,500+ universities in 160 countries, coupled with expert scientific review, Tekcapital provides a range of IP investment services to make it easy for organisations to find, evaluate, acquire and license university-developed technology. Tekcapital plc is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in Oxford, in the UK. For more information, please visit www.tekcapital.com

LEI: 213800GOJTOV19FIFZ85

 

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