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Vox Market Podcast – Alan Green talks about Smart Metering Systems #SMS, Sovereign Metals #SVML& Tekcapital #TEK

Alan GreenCEO of Brand Communications  about the following companies:

Following

https://www.voxmarkets.co.uk/articles/alan-green-talks-about-smart-metering-systems-sovereign-metals-tekcapital-30a7f33

#TEK Tekcapital plc – Conversion of outstanding loan amount in MicroSalt

Tekcapital Plc

(“Tekcapital” or the “Group”)

Portfolio Company Update: MicroSalt, Ltd.   (“MicroSalt”)

Tekcapital converts outstanding loan amount in MicroSalt Inc.

Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF) the UK intellectual property investment group focused on creating valuable products that can improve people’s lives, is pleased to announce that it has converted its outstanding convertible loan note of c.US$1.35m in MicroSalt’s U.S. operating subsidiary, MicroSalt Inc. at a value of US$2.18 per share. This values MicroSalt at US$ 20.0m.

Following this transaction, Tekcapital owns 97% of the share capital of MicroSalt Ltd. and 6,034,683 shares (78%) of MicroSalt Inc., its U.S. subsidiary.

About MicroSalt

MicroSalt, is the developer and manufacturer of a proprietary low-sodium salt called MicroSalt®. We are passionate about improving peoples’ lives with better-for-you seasonings and snacks by taking the lead in the industry by providing the best low-sodium salt solution, based on the mechanical transformation of the salt particle itself. This solution is the only one that delivers real salt flavour because it is salt. Our new patented technology produces salt crystals that are approximately one hundred times smaller than typical table salt, delivering a powerful saltiness as the micro-grains dissolve in the mouth, with approximately 50% less sodium consumption. Additionally, the ultra-small particle size enhances product adhesion, which reduces waste and provides improved flavor consistency. MicroSalt® and SaltMe® are registered trademarks of MicroSalt Inc.

To learn more about MicroSalt please visit   https://www.microsaltinc.com/

To learn more about SaltMe! snacks please visit   https://saltme.com/  

Alan Green & Mark Fairbairn discuss stock picks for 2023, incl #PREM, #GCAT, #MARU, #FCM, #TEK, #GRX, #ECR, #POW & #TMOR on this week’s Stockbox Research Talks

Alan Green & Mark Fairbairn discuss stock picks for 2023, incl #PREM, #GCAT, #MARU, #FCM, #TEK, #GRX, #ECR, #POW & #TMOR on this week’s Stockbox Research Talks

Tekcapital #TEK – Investee co Innovative Eyewear, Inc. Announces Multi-Year, Global Licensing Agreement with Authentic Brands Group for Eddie Bauer® Smart Eyewear

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd® and Nautica® brands, has announced that through an agreement with Authentic Brands Group (Authentic), it has licensed the iconic outdoor brand Eddie Bauer® for smart eyewear. 

“We are pleased to partner with Lucyd to expand Eddie Bauer’s eyewear offering,” said Henry Stupp, President, Lifestyle EMEA-India at Authentic. “Eddie Bauer is known for delivering innovation across all of its product categories. Through Lucyd’s Bluetooth technology, we reinforce the brand’s standards in this emerging category.” 

Eddie Bauer is rooted in its commitment to research and invention, beginning with the creation of the first-ever quilted goose-down insulated jacket in 1942. Throughout the brand’s history, Eddie Bauer has registered dozens of patents on various outdoor clothing construction and sporting equipment. 

“Few names are as renowned as Eddie Bauer in outdoor recreation,” says Harrison Gross, CEO of Innovative Eyewear, Inc. “Our Eddie Bauer smart eyewear collection, powered by Lucyd, will continue Eddie Bauer’s legacy of bold and beautiful craftsmanship, coupled with innovation, and will align perfectly with today’s adventurous lifestyles. We believe outdoor enthusiasts are looking for designer eyewear that both protects their vision and allows them to remain connected to their digital lives in an open-ear, handsfree format.”

The Eddie Bauer smart eyewear collection is expected to launch in 2023.

About Innovative Eyewear, Inc.

Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd®, Nautica® & Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio 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 .

About Eddie Bauer

For more than 100 years, outdoor brand Eddie Bauer has been inspiring, enabling, and empowering people to live their adventure with products that are built to last. Their products are available at eddiebauer.com and more than 200 stores in the U.S., Canada, Germany, Japan, and other international markets. To learn more please visitwww.eddiebauer.com .

About Authentic Brands Group

Authentic Brands Group (Authentic) is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 40 iconic and world-renowned Lifestyle, Entertainment and Media brands. Headquartered in New York City, with offices around the world, Authentic connects strong brands with best-in-class partners and a global network of operators, distributors and retailers to build long-term value in the marketplace. Its brands have an expansive retail footprint, including more than 9,100-plus freestanding stores and shop-in-shops in more than 150 countries and generate approximately $23 billion in global annual retail sales. 

Authentic is committed to transforming brands by delivering powerful storytelling, compelling content, innovative business models and immersive experiences. It creates and activates original marketing strategies to drive the success of its brands across all consumer touchpoints, platforms and emerging media. Authentic’s brand portfolio includes Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Shaquille O’Neal®, David Beckham®, Dr. J®, Greg Norman®, Neil Lane®, Thalia®, Sports Illustrated®, Reebok®, Eddie Bauer®, Spyder®, Volcom®, Airwalk®, Nautica®, Izod®, Brooks Brothers®, Barneys New York®, Judith Leiber®, Ted Baker®, Hervé Léger®, Frye®, Juicy Couture®, Vince Camuto®, Lucky Brand®, Aéropostale®, Forever 21®, Nine West®, Jones New York®, Tretorn®, Prince®, Van Heusen®, Arrow®, Hickey Freeman®, Hart Schaffner Marx® and Thomasville®.

 

For more information, visit authentic.com .

Follow Authentic on LinkedIn , Instagram and Twitter .

 

Tekcapital currently owns 5,189,086 shares (approximately 71%) of Innovative Eyewear, Inc. 

For further information, please contact:

 

Tekcapital Plc  

Via Flagstaff

Clifford M. Gross, Ph.D. 

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

+44 (0) 20 3470 0470  

Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)

 

 

Flagstaff Strategic and Investor Communications

 

+44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

Tekcapital Plc #TEK- Innovative Eyewear, Inc. Provides Year-end Review

 

Tekcapital Plc

Innovative Eyewear, Inc. Provides Year-end Review

 

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group notes that Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge smart eyewear and operator of the Lucyd® and Nautica® brands for smartglasses, announced on 27 December 2022 a summary of its activities in 2022 including innovations in R&D, new business partnerships, and significant team expansion. The Company believes these developments have furthered its goal of building the global standard in smart eyewear.

Set out below is a copy of Innovative Eyewear’s announcement and to view a video of CEO Harrison Gross explaining these developments, please click here . 

Product Launches & Tech Development

In 2022 Innovative Eyewear completed development on the following products:

1.  Digital Try-on Display. A Lucyd-branded digital retail fixture that provides a virtual try-on experience to in-store clients at our partner retail stores. The proprietary software that operates the kiosk was designed and created in house and performs as smoothly as leading VTO (virtual try-on) applications developed by companies that focus solely on this software vertical. The Company is able to remotely update the Displays with new brand content and glasses styles, and the tablet can also be scanned to download the Company’s Vyrb mobile app, making it a comprehensive Lucyd brand experience in all deployed locations. Launched early in 2022.

2.  Cordless Charging Dock. This patent-pending accessory was developed in house, launched in 2022 and is a first in the smartglass space. It allows the customer to charge their Lucyd glasses simply by dropping them on their nightstand. The Dock includes three additional USB ports to enable the user to charge their phone, smartwatch, tablet and smartglasses simultaneously with one device.

3.  2022 Frame Collection. In 2022 we introduced four new models of our flagship product, including our Lucyd Lyte Jupiter model, which is leading the industry in terms of product weight. Weight is a proxy for comfort when it comes to eyewear, and the Jupiter model weighs just 28 grams, which is tied for the lightest smart eyewear on the market. Central to the luxurious look and feel of this new collection was the design and creation of new proprietary hinges that enable a more seamless appearance to the frames, which are being rolled out across all models. The launch of this collection also brought the number of Lucyd frame varieties to 16 total, which makes the Company’s offering the most diverse in the space. 

4.  The Company is pleased to announce it has completed initial production of its second generation product, Lucyd Lyte 2.0, slated to launch in Q1 2023. The Lyte 2.0 carries several new features including high-end styling from the Company’s new design team, a four-speaker array for immersive audio, and the longest playback time of any smart eyewear device, with 12 hours of music playback and talk time per charge. The battery life of the Lyte 2.0 surpasses the vast majority of true wireless audio devices in any form factor.

5.  The Company has completed the development of a live streaming feature to its Vyrb social application for iOS and Android, which brings live audio chatrooms to the beta app. This will enable Lucyd glasses wearers to create and enjoy live audio events right on their smart eyewear, and this utility is also useful for real-time team communications. 

6.  The Company had six US design patents and one US software utility patent granted in 2022, as well as one Chinese patent granted, to protect its eyewear designs and software utilities. The Company has also filed new patents in 2022 in the US, Canada and/or China to protect its recently released Lucyd Dock and several pending products. The Company’s total number of pending and issued patents now stands at 47.

Partnerships

1.  In late 2022, Innovative Eyewear acquired a multi-year, global license to the Nautica brand for smart eyewear and related accessories. Along side the transaction, the owner of the Nautica brand, Authentic Brands Group, is assisting the Company with introductions to Nautica.com, independent Nautica store operators and buyers, and the Sports Illustrated online store. The Company has finished designing a dozen styles for an initial line of Nautica Smart Eyewear and expects to launch the line in H1 2023.

2.  Lucyd products began to be carried on the Dick’s Sporting Goods (DSG) main website in March 2022, as a trial for consideration for an in-store presence. DSG is the largest sporting goods retailer in the US with 800+ stores.

3.  Lucyd products began to be carried on Academy Sports + Outdoor’s mainsite, the second largest sporting goods retailer in the US with 260+ locations.

4.  Lucyd partnered with Everest.com, a new sporting goods marketplace, to offer Lucyd Lyte glasses to their rapidly growing customer base.

5.  In 2022, the Company grew its retail presence to 250+ locations carrying Lucyd Lyte in-store.

6.  The Company conducted a successful research project to identify two additional manufacturing partners to provide supply chain redundancy for its smart eyewear.

 

Team Expansion

1.  The Company hired Joaquin Abondano as VP Ecommerce and Product Sourcing. Joaquin is a very experienced digital marketer and product developer who has launched a significant number of products on digital marketplaces that have generated substantial direct to consumer sales. His expert level knowledge of Amazon systems is expected to improve the company’s direct to consumer brand awareness and advertising ROI.

2.  The Company also hired Jan Cory as VP optical sales. Her background with over a decade of experience building Luxottica’s US business makes her an excellent fit for growing the retail presence of Lucyd products in the optical channel.

3.  Furthermore, the Company hired two leading eyewear designers in 2022. One comes from a leading global sunglass brand, bringing their heritage of classic and timeless sunglass design to the team. The other designer has a background designing eyewear for some of the world’s leading fashion brands, bringing high fashion experience to the team. 

 

The Year Ahead

There have been many significant developments and product improvements in 2022, and we believe the coming year will bring many more key advancements for the Company, with the following products anticipated to go live in 2023:

1.  The launch of the second generation Lucyd Lyte 2.0 product line with improved sound, battery and styling. Lyte 2.0 will be launched initially in 15 sunglass and 6 blue light styles. This launch includes several styles of smart eyewear designed specifically for women and youth, a key differentiator from other smart eyewear collections.

2.  The launch of Nautica Powered by Lucyd smart eyewear and introduction into many Nautica points of sale around the world, kicking off what the Company expects to be a powerful combination of its user-friendly Bluetooth technology with iconic fashion brands.

3.  The introduction of the Lucyd Bluetooth temple into new eyewear verticals such as sport wrap frames and rimless frames, which are minimal or non-existent on the market.

4.  The full commercial release of the Vyrb social audio application and the addition of in-app purchases, content monetization and creator tools to the app.

5.  An updated website with a vastly improved prescription ordering process to make it easier to purchase Rx-upgraded Lucyd products.

6.  A dedicated wholesale website for the Company’s retail partners to be able to conveniently learn about and stock Lucyd products.

 

In sum, these developments and forecasted releases position the Company well to achieve its mission to Upgrade Your Eyewear® in 2023.

About Innovative Eyewear, Inc.

Innovative Eyewear is a developer and retailer of cutting-edge smart eyewear, under the Lucyd® and Nautica® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio 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 .

 

Tekcapital currently owns 5,189,086 shares (approximately 71%) of Innovative Eyewear, Inc.  

Tekcapital #TEK investee company Belluscura #BELL receives certification to major ISO standard

Belluscura, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, is pleased toannounce today that it has been certified as compliant with ISO standards for Quality Management (ISO 13485:2016), allowing for design, development, manufacture and distribution of its portable oxygen concentrators (POC) following an extensive audit process undertaken by leading global assurance provider SGS. 

The Group’s manufacturing facilities in both Texas and China achieved ISO 13485 certification ahead of schedule, following a complete review of our quality systems and processes, including the newly insourced manufacturing facility.

The International Organization for Standardization (“ISO”) is one of the world’s leading standards-settings bodies. The Organization develops standards to ensure the quality, safety and efficiency of products, services and systems; those standards are recognised globally as the benchmark for operational excellence among leading manufacturing companies.

The individual standards to which Belluscura is now certified are core to the Company’s business. ISO 13485:2016 specifies requirements for a quality management system where an organization needs to demonstrate its ability to provide medical devices and related services that consistently meet customer and applicable regulatory requirements.  The certification, therefore, enables the Group to apply to distribute the X-PLOR and DISCOV-R in Europe (CE mark), UK (CA mark), China and the rest of the world.

Robert Rauker, CEO of Belluscura plc, said: 

“This is a hugely significant step for the Group, as ISO 13485 certification will enable the company to begin the process to start distributing its products globally. Our existing market in the US represents approximately 45% of the Portable Oxygen Concentrator market, so this certification more than doubles the available market opportunity for the Group.” 

“The certification shows the dedication of our team to not only developing a quality product, but to being a leading manufacturer of portable oxygen concentrators. Compliance with this standard will enable Belluscura’s commercial development by proving to new customers that the Company adheres to the highest standards of quality management excellence.

“It will, therefore, contribute to our growth as we expand production of our X-PLOR® device and the Nomad Biometric™ App, as well as the DISCOV-R™, which we expect to launch in Q1 2023 as the world’s first ambulatory dual flow portable oxygen concentrator.”  

ENDS

For further information, please contact:

 

Belluscura plc

www.belluscura.com

Robert Rauker, Chief Executive Officer

via MHP

Anthony Dyer, Chief Financial Officer

SPARK Advisory Partners Limited (NOMAD)

Tel: +44 (0)20 3368 3550

Neil Baldwin

Dowgate Capital Limited (Broker)

Tel: +44 (0)20 3903 7715

James Serjeant / Nicholas Chambers

MHP Communications (Financial PR and Investor Relations)

Tel: +44 (0)20 3128 8100

Katie Hunt / Pete Lambie / Matthew Taylor

Email: belluscura@mhpc.com

 

 

About Belluscura plc   (   www.belluscura.com   )

Belluscura is a UK medical device company focused on developing high performing, lightweight and portable oxygen enrichment technology used in a broad range of industries and therapies. Our innovative oxygen technologies are designed with a global purpose: to create improved health, mobility and economic outcomes for patients, healthcare providers and insurance organisations.

Glossary

X-PLOR® is a lightweight portable oxygen concentrator with user replaceable oxygen enrichment cartridges and direct-charge batteries. Weighing only 3.75 lbs, its AirgonomicTM Design ensures user-friendly experience and maximum comfort. It has multiple Pulse Flow Settings including X-PLORATIONTM Mode (750mL for 10 mins). 

DISCOV-R™ will deliver 2000mL of continuous flow oxygen and have 8 Pulse Flow Settings. Weighing only 6.5 lbs, it will be the first a mbulatory 2L portable oxygen concentrator, producing more oxygen per pound than others in its class.

Tekcapital plc #TEK provides CFO Update

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group is pleased to present the October 2022 CFO Newsletter Update.

Whilst the last few months have seen some of the most challenging economic times in recent memory, we have continued to make strong progress with our portfolio companies, from product roadmaps to go-to-market efforts. Before we dive deeper, let’s take a step back and discuss our overarching strategy with regards to our portfolio companies.

For each portfolio company the strategy is to grow the business so that it can make a meaningful impact on people’s lives through the commercialization of their unique technologies. Concomitant with this, the financial goal is to deliver liquidity events (such as an IPO’s or trade sales) for each portfolio company early in their life cycle (such as the Initial Public Offerings undertaken by each of Belluscura Plc, Innovative Eyewear Inc.) whilst retaining meaningful ownership of the companies until they grow to scale. 

One key criterion behind each investment from Tekcapital is the presence of a US$1b+ addressable market. As an example, in the case of Innovative Eyewear Inc, the US eyewear market alone is expected to be worth US$29b in 2022 (https://www.statista.com/outlook/cmo/eyewear/united-states), with 1% market penetration equal to US$290m in annual sales. 

We believe that early IPO of portfolio companies, with Tekcapital retaining significant stakes, are advantageous to the companies, their investors and Tekcapital. These capital injections can accelerate product roadmap/R&D, scale-up hiring especially for sales and marketing efforts, improve economies of scale and provide more commercial opportunities. Following Innovative Eyewear’s example, it allowed the company to hire sales executives that previously helped grow sales of companies like Luxottica, New Balance etc., and onboard eyewear designers who previously designed for leading eyewear fashion brands. We believe strengthening the quality of the team and skillset help maintain and enhance a competitive advantage, and significantly improve the chance of achieving goals such as 1% market penetration. While a public listing is not a guarantee of long-term success, we believe the brand exposure, investor interest and access to capital that come with it, improve the likelihood of a profitable exit for Tekcapital.

Besides a clear focus on increasing chances of the commercial success of each company and therefore their valuation, this early liquidity event strategy also means less reliance on Tekcapital for funding the growth of its portfolio companies. At the moment, both Belluscura Plc and Innovative Eyewear Inc are no longer funded by Tekcapital. We envision Microsalt joining this group after their planned 2023 IPO. This will also give the Company more flexibility regarding new, exciting potential investments in its pipeline. This means less dilutive funding for Tekcapital, especially given Tekcapital’s relatively small overhead. Tek’s low overhead is a notable feature in itself – Tekcapital helps fund, manage and assist with multiple operational aspects of many companies using a small handful of employees.

Tekcapital plans to provide shareholder returns via special dividends upon meaningful sales of its portfolio company shares. Whilst Tekcapital ideally seeks to grow each company to at least a US$100m+ valuation before any major sale of its shares in portfolio companies, it also considers its own capital requirements, as well as the potential to provide special dividends to its shareholders.

In summary, Tekcapital is actively engaged in building multiple companies with proprietary technologies, coupled with star power management, each addressing a serious market need in billion-dollar verticals. Having raised approximately US$25m since its IPO, which has been utilized to build net assets of over US$70m as of 31 May 2022, the Company’s goal is to deliver significant returns on invested capital whilst bringing leading innovations to market, coupled with opportunities for special dividends along the way. 

Guident CORP (“Guident”)

In September Guident and its partner Perrone Robotics gave fully autonomous rides, with an extra safety layer, to the Broken Sound Country Club (BSCC) members, in hopes of securing another customer for its state-of-the-art Remote Monitoring and Control Center. The BSCC management supported Guident and Perron for the autonomous electric vehicle showcase, and provided autonomous rides to the club members. 

Also together with Perrone Robotics, Guident participated in the Lake Nona Verizon Innovation Hub, showcasing precision-guided self-navigation. Guident also attended MOVE: Mobility Re-imagined on September 27-28 in Austin, Texas.

The Regenerative Shock Absorber project is undergoing more rigorous testing, as the company is working with one of world’s leading automotive companies on manufacturing a prototype in accordance with industry standards. This month, the Company evaluated real-world conditions in their testing lab in Boca Raton, Florida. With precise force and displacement measurements, Guident aims to demonstrate the advantages of the modern energy-harvesting shock absorber over traditional oil-filled shock absorbers. R&D breakthrough going from prototype to production was successfully achieved.

Additional developments are expected in the coming months. Notably, Guident’s CEO Harald Braun is visiting Europe for discussions with multiple potential customers on last mile delivery solutions.

Innovative Eyewear Inc (“Innovative Eyewear”)

The company has been delivering on its promise to expand its sales and marketing capabilities. In general, the IPO has helped take the company to the next level in terms of organizational structure, talent procurement, product roadmap, brand awareness and more. The company is building a strong foundational structure to solidify its position as an early mover in the tech eyewear space. The profile of Innovative Eyewear’s new hires in the sales vertical represent talent that helped grow one of the leading eyewear companies in the world and helped build one of the leading athletic brands. Both hires bring significant contacts and experience in the optical and apparel industries.

We view the licensing of the global lifestyle brand Nautica® for smart eyewear was a major victory for the company. With Nautica products present in over 1,700 stores worldwide, the deal empowers Innovative Eyewear access to the renowned fashion brand to produce and sell fashion branded smart eyewear worldwide. The team is working hard on designing and manufacturing the product to be launched by Q1 2023. The strategy of licensing global fashion brands on top of the Lucyd house brand sales is an interesting one. It’s worth noting that Luxottica, the world’s largest eyewear manufacturer, helped build their multi-billion dollar business by licensing fashion brands and producing eyewear under these brands. We believe that smart eyewear is a new platform opportunity to replicate this strategy – pursuant to our belief that in the future, most eyewear sold will be smart, since the smart eyewear produced under the Lucyd brand already has the same appearance and price tag of traditional eyewear but offers so much more functionality.

The scale of opportunity here is immense. Even just one category of eyewear, the safety glasses sector, represents a US$1b+ addressable market. You can see how busy the company is just by looking at their product roadmap, which includes the first Nautica smartglass release, the new quadrophonic Lucyd Lyte release, sport styles, safety eyewear, and the Vyrb social audio app’s ongoing development. The company is showing an intense level of progress and promise, and has built a leading product line that competes well with well capitalized and storied tech brands.

Microsalt Inc (“Microsalt”)

Microsalt is also making excellent progress. MicroSalt® shakers were debuted at the Expo East Food Convention in Philadelphia during the week of 28 September 2022, with initial sales underway with major retail chains and food distribution channels this October.  MicroSalt® shakers will soon be available for purchase on Amazon. As announced MicroSalt® has already received commitments from UNFI, North America’s premier food wholesaler, for placement in several of its distribution centres.

The show was a success, and the company expects first shipments of the product to occur by November to UNFI.

Microsalt application testing has been successfully completed with some of the largest retail chains in the US.  Full production tests of snack foods with Microsalt applied were finished with outstanding results, with product flowing well and being applied at an even and consistent rate using the customer’s equipment, is a significant milestone. 

The company also successfully consummated a deal in the ready-meals market, partnering with Presty! Foods (https://prestyfood.com/ ) in their efforts to offer low-sodium solutions to their customer base. This also shows the breadth of addressable market segments for Microsalt’s flagship product, which can be used to reduce sodium content without impacting flavor in a world of applications ranging from frozen foods to crisps to the restaurant table. 

Finally, the company received its first bulk B2B ingredient order. According to Microsalt’s CEO, the interest is also very high for bulk B2B Microsalt sales internationally.

Summary

All of our companies demonstrate steadfast commitment to operational excellence resulting in material progress across the board. Thus, we strongly believe each company has the potential to become US$100m+ business in the foreseeable future whilst improving quality of life across several crucial verticals. We continue to build momentum and hope to provide more exciting updates in the near future.

Konrad Dabrowski, CPA

Chief Financial Officer

Tekcapital plc

For further information, please contact:

 

Tekcapital Plc  

Via Flagstaff

Clifford M. Gross, Ph.D. 

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

+44 (0) 20 3470 0470  

Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)

 

 

Flagstaff Strategic and Investor Communications

 

+44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

 

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com .

Alan Green covers Rockfire Resources #ROCK & Tekcapital #TEK on this week’s Stockbox Research Talks

Alan Green covers Rockfire Resources #ROCK & Tekcapital #TEK on this week’s Stockbox Research Talks

Tekcapital #TEK – Innovative Eyewear, Inc. Announces Executive Appointments

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group is pleased to announce Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge smart eyewear and a subsidiary of portfolio company Lucyd Ltd, is pleased to announce that it has added two eyewear industry veterans, with deep international experience, to its executive team. 

Mr. Ekene Ofodile, a respected business Leader with over 20 years of experience in Global Sales, Sales Operations and Business Management has joined the company as Sr. Vice President, Sales and Marketing.  Ekene has a demonstrated ability to work across all levels of an organization to develop high performance partnerships that drive profitable revenue growth. 

Most recently, Ekene served as the Head of Sales, North America for a portfolio of outdoor and work wearable brands acquired from Honeywell International by Rocky Brands, Inc. From 2018 – 2021,  he held the position of Director of Strategic Account Sales at Honeywell International’s Safety & Productivity Services Retail division driving global growth of footwear, PPE, hearing & vision protection products within high volume key accounts. 

Ekene previously served at Randolph Engineering Eyewear Inc.as its Senior Vice President, Global Sales & Marketing, where he spent 4 years developing and executing strategic growth plans for the Randolph and Ranger Eyewear Brands. Prior to Randolph Engineering, Ekene spent 15 years at New Balance Athletics as Head of International Sales Operations. 

“I believe Harrison Gross & the Innovative Eyewear team are disrupting the eyewear industry with smart frame technology. I am thrilled to be joining the Company at this pivotal moment and look forward to contributing to its very bright future” said Mr. Ofodile. 

Jan Cory has also joined the company as VP of Global Optical Sales and Marketing.  With many successful years as part of the optical community, Jan is charged with further developing this important channel of trade for Innovative Eyewear.

Jan began her optical career in frames at Bausch + Lomb where, after its acquisition by Luxottica, she spent 12 years.  Her more recent experience is as Chief Commercial Officer at I-deal Optics, Holdings, Senior Director at IDOC (an optometry alliance), US President at Silhouette International, and Sr. Vice President of Sales for US and Canada at Viva/Marcolin. 

Jan was named by Vision Monday as one of the Most Influential Women in Optical in 2015.  She proudly serves on the Board of the Optical Women’s Association

“Innovative Eyewear brings incredible innovation to eyewear.  I’m thrilled to share this cutting-edge technology with the ECP, and I’m excited to be part of the future,” said Ms. Cory.

“We are excited and honored to add both Ekene and Jan to our management team,” said Harrison Gross, CEO of Innovative Eyewear, Inc. “Their combined eyewear industry knowledge and track record of developing significant sales should help us rapidly scale our smart eyewear business in both retail optical and non-optical channels worldwide.”

About Innovative Eyewear, Inc.

Innovative Eyewear is a developer and retailer of smart eyewear, which are designed to allow the users to remain connected to their digital lives, while also offering prescription eyewear and sun protection. The Company believes that traditional frames, no matter how attractive, do not possess the functionality that many eyeglass wearers need and want. Smart eyewear is a multifunctional product that addresses the needs of the optical, hearables and digital assistant markets. We believe that the Company’s products are well positioned in this rapidly growing wearables ecosystem, with the mission to Upgrade Your Eyewear®. For more information, please visit www.lucyd.co

Tekcapital currently owns 100% of the share capital of Lucyd Ltd and 5,189,086 shares (approximately 71%) of its U.S. operating subsidiary, Innovative Eyewear, Inc.  

For further information, please contact:

 

Tekcapital Plc 

Via Flagstaff

Clifford M. Gross, Ph.D. 

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

+44 (0) 20 3470 0470 

Richard Morrison/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)

 

 

Flagstaff Strategic and Investor Communications

           

+44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

 

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.

Vox Markets Podcast – Alan Green covers the following companies: Team17 #TM17  Tekcapital #TEK and Tertiary Minerals #TYM 

vox podcast

Alan Green CEO of Brand Communications talks about being in Snowdonia this weekend, taking the sensible option of being on a motorbike, rather than hiking like me. Plus Alan also covers news from the following companies:

Team17 #TM17 

Tekcapital #TEK 

Tertiary Minerals #TYM

https://www.voxmarkets.co.uk/articles/alan-green-covers-team17-tekcapital-tertiary-minerals-f019d8c/

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