Wearable Devices Enters Exclusive Distribution Agreement With Sky Commerce. Sky Commerce Will Serve As The Exclusive Distributor For Wearable Devices' Mudra Band And Mudra Link Neural Input Wristbands

Wearable Devices Ltd. (NASDAQ:WLDS, WLDSW))) (the "Company" or "Wearable Devices"), a technology growth company specializing in artificial intelligence ("AI")-powered touchless sensing wearables, recently announced that it has entered into an exclusive distribution agreement (the "Agreement") with Sky Commerce Co., Ltd. ("Sky Commerce"), securing a strategic foothold in South Korea - a global hub for wearable innovation and home to leading consumer electronics companies. This partnership appoints Sky Commerce as the exclusive distributor for the Company's Mudra Band and Mudra Link neural input wristbands, marking a bold step into one of the world's most advanced and competitive consumer electronics markets.

Under the Agreement, Sky Commerce will promote, market, and sell the Company's Mudra Band and Mudra Link neural input wristbands and related services in South Korea, subject to meeting annual minimum purchase targets.

Wearable Devices and Sky Commerce are working together to finalize customary KC certification procedures in Korea, which are required prior to the commencement of sales.

This partnership aligns with Wearable Devices' goal of scaling its cutting-edge neural interface technology globally, leveraging Sky Commerce's local expertise to drive adoption among consumers and enterprises.

"We are excited to partner with Sky Commerce to bring our groundbreaking wristband technology to South Korea, a key market for innovative wearables," said Asher Dahan, Chief Executive Officer of Wearable Devices. "This exclusive distribution agreement supports our growth strategy by establishing committed purchase targets and expanding our footprint in Asia, where demand for hands-free device control is accelerating. We look forward to delivering enhanced user experiences and capturing new revenue streams."