Group 1: Company Update - Hapbee Technologies Inc. has upgraded its U.S. listing from the OTC Pink Sheets to the OTCID tier on the OTC Markets Group platform, effective July 1, 2025 [1][2] - The upgrade reflects the company's commitment to enhancing transparency and accessibility for a broader group of U.S.-based retail and institutional investors [2][3] - The CEO of Hapbee expressed excitement about the upgrade, stating it provides U.S. investors with improved visibility and access to the company's shares in a more structured trading environment [3] Group 2: Financial Statements Update - The filing of the annual audited financial statements for the year ended December 31, 2024, remains delayed, with the company expecting to file these statements within the next seven days [5][6] - The auditor is finalizing the audit for review by the company's audit committee, and the company does not anticipate issues in completing the required filings by June 30, 2025 [6] - A Management Cease Trade Order (MCTO) was issued on May 1, 2025, restricting trading by the company's CEO and CFO, but it does not affect other investors [7][8] Group 3: Company Overview - Hapbee is a digital wellness company that utilizes ultra-low radio frequency energy (ulRFE®) in its wearable devices to promote wellness states such as focus, relaxation, and improved sleep [10] - The company's product ecosystem includes the Hapbee Mobile App, Smart Sleep Pad, Neckband, and Immersive Mattress Topper, catering to wellness enthusiasts, athletes, and health professionals [11]

Core Insights - Garmin has launched the Venu® X1 smartwatch, which features an ultrathin design, a revolutionary 2-inch display, and superior battery life, setting new standards in the smartwatch industry [1][2][3] Product Features - The Venu X1 includes a titanium caseback, a scratch-resistant sapphire lens, and an easy-to-read AMOLED display, all within an 8mm watch case [1][9] - It is equipped with a built-in speaker and microphone, allowing users to make and take calls directly from the watch when paired with a compatible smartphone [4][6] - The smartwatch features a bright LED flashlight for enhanced visibility in dark environments [4] - Battery life lasts up to 8 days in smartwatch mode, promoting less frequent charging [1][5] Design and Usability - The Venu X1 is designed for all-day wear, featuring a lightweight construction and customizable watch faces for easy access to important data [9] - It includes a 24mm quick-release ComfortFit nylon band for a comfortable and secure fit [9] - Available in two color options: black and moss [9] Pricing and Availability - The suggested retail price for the Venu X1 is $799.99, with availability starting in June [5]

Core Insights - Vuzix Corporation is recognized as a finalist for the "Best Headworn Device" category at the AWE Auggie Awards and has won the Most Innovative XR Product award from XR Today [1][3][4] - The company will showcase its smart glasses, including the Ultralite Pro, at the Augmented World Expo USA 2025, which is the largest conference for AR, VR, and wearable technology [2][3] - Vuzix is a leading designer and manufacturer of AI-powered smart glasses and AR technologies, holding over 425 patents and numerous IP licenses [6] Company Participation and Recognition - Vuzix will participate in the Augmented World Expo USA 2025 from June 10 to June 12, 2025, at the Santa Clara Convention Center [1][2] - The Ultralite Pro Smart Glasses are highlighted as a lightweight 3-D binocular display platform for both enterprise and consumer applications [2] - The XR Awards 2025 celebrates excellence in XR technologies across various sectors, including healthcare and logistics [3] Leadership and Innovation - Paul Travers, President and CEO of Vuzix, emphasized the company's commitment to innovation and its role in enhancing user experiences and operational efficiency [4] - Vuzix continues to solidify its position as a key player in the AR industry through its innovative products and solutions [4][6]

Company Also Updates Status of Audited Financial StatementsVANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB | OTCQB: HAPBF), the digital wellness company specializing in non-chemical, frequency-based wearable technology, today announced the launch of its newly redesigned mobile app. The update features an AI-powered discovery engine, 13 new Vibes, and now also includes real-time, in-app customer support. These updates are part of Hapbee’s broader strategy ...

Core Insights - Wearable Devices Ltd. has received a continuation of its patent for a "Gesture and Voice-Controlled Interface Device," enhancing its position in the market for intuitive human-device interactions [1] - The newly allowed patent allows for the extraction of precise start and end points from continuous gestures, enabling natural control gestures like pinch-to-zoom for various applications [3] - The technology is particularly suited for augmented reality headsets and gesture-controlled smart devices, making mid-air fine control more accessible [4] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link that facilitate intuitive control of digital devices through gestures [5] - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality [6] - By setting standards for neural input in the XR ecosystem, the company is influencing the future of user experiences in rapidly growing tech markets [7]

Core Viewpoint - Wearable Devices Ltd. has received approval for a patent that enhances its neural gesture technology, enabling intuitive touchless control for various applications such as pinch-to-zoom and volume adjustment in mid-air [1][3]. Group 1: Patent and Technology - The newly allowed patent is titled "Gesture and Voice-Controlled Interface Device" and focuses on extracting precise start and end points from continuous gestures, which improves user interaction with devices [1][3]. - This technology addresses limitations of traditional gesture sensing systems that struggle to identify user intentions clearly, often leading to unintuitive solutions [2][3]. - The advancements in this patent make it suitable for augmented reality (AR) headsets and gesture-controlled smart devices, allowing for natural mid-air control [4][5]. Group 2: Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link that facilitate intuitive control of digital devices through gestures [6][8]. - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality (XR) [7][8]. - By setting standards for neural input in the XR ecosystem, the company aims to shape the future of user experiences in rapidly growing tech markets [8].

Core Insights - Epicore Biosystems and DuPont Personal Protection have formed a collaboration to enhance worker safety and well-being through advanced sweat-sensing wearables and protective garments [1][5] - The partnership aims to leverage DuPont's expertise in protective clothing and Epicore's hydration management technology to provide data analytics and insights for worker safety [1][2] Company Overview - Epicore Biosystems specializes in digital health solutions, particularly in developing advanced sweat-sensing wearables that offer real-time personalized health insights [7] - DuPont is a global leader in innovation, providing technology-based materials and solutions across various industries, including worker safety [9] Industry Context - Rising temperatures and extreme climate conditions are leading to cognitive and physical decline in physically demanding industries, highlighting the need for personalized hydration and safety measures [2] - The 2024 OSHA Notice of Proposed Rulemaking emphasizes the regulatory focus on heat injury and illness prevention, making the integration of biometric data and personal protective equipment increasingly critical [2] Product and Technology - Epicore's Connected Hydration platform is the first smart wearable solution designed to help workers manage hydration and recovery using sweat-sensing technology [3] - The collaboration aims to combine Epicore's data-driven health monitoring with DuPont's protective clothing to create individualized strategies for worker safety in high-risk environments [3][5]

Core Insights - Wearable Devices Ltd. has released a significant update for its Mudra Link product, enhancing user experience with gesture-based media control and improved stability [1][6] - The new Media Control feature allows users to manage playback functions through natural hand gestures, eliminating the need for physical buttons [2][3] - The update builds on the previously introduced Gesture Mapper feature, which enables users to customize hand gestures for various digital actions [4][5] Product Features - The Mudra Link update includes gesture-based media control, allowing users to assign gestures like tap or pinch to playback functions [2][3] - The Gesture Mapper feature provides flexibility for users to personalize their interaction style across different applications and devices [4][5] - The firmware upgrade enhances performance and stability, ensuring users benefit from the latest features [6] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction [7] - The company operates through a dual-channel model, offering products directly to consumers and through enterprise licensing [8] - Wearable Devices aims to set the standard for neural input technology in the rapidly growing extended reality (XR) market [9]

Core Insights - Zepp Health Corporation reported a 10% year-over-year growth in Amazfit revenue for Q1 2025, despite a challenging macroeconomic environment [1][3][6] - The company successfully launched new smartwatch models, Amazfit Active 2 and Bip 6, which have received positive market reception and are expected to drive further sales growth [1][2][6] - The management anticipates a year-over-year revenue increase for Q2 2025, projecting net revenues between US$50 million and US$55 million, representing a growth of approximately 23% to 35% compared to Q2 2024 [3][21] Financial Performance - Total revenue for Q1 2025 was US$39 million, with Amazfit-branded products growing by 10.2% year-over-year [3][6] - Gross margin improved to 37.3%, up from 36.8% in the same period last year, despite facing additional tariffs [3][7] - The net loss for Q1 2025 was US$19.7 million, compared to a net loss of US$14.8 million in Q1 2024 [15][33] Operating Expenses - Total operating expenses for Q1 2025 were US$32.7 million, a 6.9% increase year-over-year, driven by higher selling and marketing expenses [12][9] - Research and development expenses decreased by 7.8% year-over-year to US$12.4 million, reflecting a focus on resource efficiency [8] - Selling and marketing expenses rose by 28.5% year-over-year to US$13.8 million, primarily due to investments in digital campaigns and product launches [9][12] Cash and Debt Management - The company had a cash balance of US$104 million as of March 31, 2025, after repaying US$11.5 million in short-term debt [3][4] - Long-term borrowings now represent about 70% of total debt, with US$67.8 million of debt retired since early 2023 [4][18] - Improved working capital management contributed to a tighter cash conversion cycle, allowing for continued investment in growth opportunities [16][18] Market Strategy and Outlook - Zepp Health is committed to leveraging open-source technologies and enhancing AI capabilities to improve product offerings and user experience [2] - The company is expanding its brand presence through partnerships with athletes and community events, aiming to strengthen user connections and broaden its market reach [2][21] - Management remains focused on optimizing the supply chain and investing in AI-driven experiences to maintain leadership in the wearable market [2][21]

VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB | OTCQB: HAPBF), a leading provider of wearable wellness technology, is proud to announce it has teamed up with Liberty Alliance, a veteran-owned business (SDVOSB) specializing in defense innovation and mission support. This collaboration aims to introduce Hapbee’s proprietary ultra-low frequency wearable devices to military personnel, special operations forces, and veteran communities worldwide. Liberty Alli ...