Tekcapital plc Portfolio Update: Lucyd Launches Sherman Shades
15 August 2019 - 4:01PM
RNS Non-Regulatory
TIDMTEK
Tekcapital plc
15 August 2019
15 August 2019
Tekcapital Plc
("Tekcapital", the "Company" or "the Group")
Portfolio Company Update: Lucyd Launches Sherman Shades
Tekcapital Plc (AIM: TEK), the UK intellectual property (IP)
investment group focused on creating marketplace value from
investing in university technology, is pleased to announce that
portfolio company Lucyd Ltd, the developer of an eShop for
innovative eyewear, has launched Sherman Shades.
Sherman Shades are a unique combination of sports memorabilia
and premium sunglasses. They were developed in partnership with
Richard Sherman, cornerback of the San Francisco 49ers and Chief
Brand Officer of Lucyd. The line includes four limited edition
variants, each with its own purpose:
1. SHOWTIME. This wraparound goggle-style sunglass is ideal for
training outdoors. It features an oversize polarized lens with
extra protection for peripheral vision.
2. FIRE UP. An aviator in 49ers colors, with a classic style and
a special ultra-dark lens perfect for driving. The lens also
features an anti-blue light coating for protection from
screens.
3. COASTER. A sunglass with a heavy-metal look and unique eye
guards. For when you want to look extra sharp.
4. COOL DOWN. An icy clear frame that features a brand new type
of lens: auto-tinting haze master. This innovation offers max
protection against screens, darkens in the sun and slightly
enhances night vision. The lens gives it the flexibility of indoor
and outdoor eye protection.
Each purchaser will also be entered into a sweepstakes to win a
regulation American football signed by Richard Sherman. Click here
to see a video of Richard Sherman introducing the new eyewear.
Harrison Gross, CEO and cofounder of Lucyd, said:
"At a starting price of $49.99, and a limited run, Sherman
Shades offer unprecedented value as sunglasses and football
memorabilia in one. Season 1 of Sherman Shades debuts August 15th
on Amazon."
About Lucyd
The mission of Lucyd is to enhance the visual experience. Lucyd
is pioneering a new market for prescription-ready, tech-enhanced
glasses, and operates an eShop for innovative eyewear. To learn
more please visit https://lucyd.co.
Dr Clifford Gross, Chairman at Tekcapital commented: "We are
delighted to see the continuing progress of Lucyd with their
exclusive launch of Sherman Shades."
For further information, please contact:
Tekcapital Plc Via Yellow Jersey PR
Clifford M. Gross, Ph.D.
finnCap Ltd (Nominated Adviser and
Joint Broker) +44 (0) 20 7220 0500
Geoff Nash/ Max Bullen-Smith (Corporate
Finance)
Camille Gochez (ECM)
Novum Securities Limited (Joint
Broker) +44 (0) 20 7399 9427
Colin Rowbury (Corporate Broking)
Yellow Jersey Limited +44 (0) 20 7933 8780
Tim Thompson / Annabel Atkins tekcapital@yellowjerseypr.com
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed intellectual properties and provides a range
of IP investment services to make it easy for organisations to
commercialise university-developed technology. Tekcapital 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
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving Lucyd or Tekcapital that may constitute
forward-looking statements. These statements may be identified by
words such as "expect," "look forward to," "anticipate" "intend,"
"plan," "believe," "seek," "estimate," "will," "project" or words
of similar meaning. We may also make forward-looking statements in
other reports, in presentations, in material delivered to
customers, stakeholders and in press releases. In addition, our
representatives may from time to time make oral forward-looking
statements. Such statements may be based on the current
expectations and certain assumptions of Tekcapital's or Lucyd's
management. Please note that these are subject to a number of
risks, uncertainties and factors, including, but not limited to
those described in various disclosures. Should one or more of these
risks or uncertainties materialize, or should underlying
expectations not occur or assumptions prove incorrect, actual
results, performance or achievements of Tekcapital or Lucyd may
vary materially from those described explicitly or implicitly in
the relevant forward-looking statement. Neither Tekcapital nor
Lucyd intends, nor assumes any obligation, to update or revise
these forward-looking statements in light of developments which
differ from those anticipated.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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