PogoTec™ Launch to Target 100,000 Retail Locations Globally
Roanoke, VA (PRWEB) April 13, 2016 -- PogoTec™ Inc. http://www.PogoTec.com announced today that it has lined up channel partners with the opportunity to launch PogoTec™ licensed products into approximately 100,000 retail locations around the world. Non-licensed products will be sold on the PogoTec™ planned ecommerce website. PogoTec™ is targeting the initial launch of its proprietary products at Vision Expo East (VEE) 2017 in New York City and will continue to line up additional license partners for 2017 and 2018.
PogoTec™ operates at the nexus of 4 huge, global multi-billion dollar growing markets. These markets are; 1) electronic wearable devices (EWDs), 2) wireless power, 3) wearable cameras and 4) eyewear. The EWD market is experiencing explosive growth (43% CAGR) and is projected to grow from today’s $8 Billion annual sales to $75 Billion annual sales in less than 10 years. The wireless power market is forecast to grow rapidly from $2 Billion to $8 Billion annual sales in less than 5 years. The wearable camera market is forecast to grow from 12 Million wearable cameras shipped today to 30 Million in less than 5 years. Today’s eyewear market generates approximately 300 Million new pairs of eyewear sales each year globally, with approximately 2 Billion eyeglass wearers worldwide. This does not include non- prescription sunglasses.
Dr. Ron Blum, Founder and President of PogoTec™ stated, "We are very pleased with well- known brands and quality companies who will partner with us for our launch. We intend to introduce these partners and our innovative products at the Consumer Electronics’ Show’s Press Event (Show Stoppers) held in Las Vegas in January, 2017. These channel partners provide broad coverage across optical shops, eye care professional offices, the mass market, department stores and sporting goods stores.”
Several weeks ago, PogoTec™ unveiled its proprietary Pogo-Track™; a standardized track that allows electronic wearable devices (EWDs) to be easily and conveniently attached to prescription and non-prescription eyewear while preserving the design integrity of the frame. Examples of EWDs that can be easily attached to eyewear include an ultraviolet meter, alertness monitor, pedometer, GPS, wearable camera, infra-red sensor, air quality sensor, radiation detector, audio device, heads up display and hearing aids. The proprietary Pogo-Track™ feature can appear as an accent color or be designed to blend with the color of the eyeglass frame that will be virtually imperceptible to the wearer. Pogo-Track™ does not add to the thickness or weight of the eyewear. This allows Pogo-Track™ eyewear to be sold as an attractive option for all consumers, even if an EWD is not attached to the frame.
PogoTec™ has also invented, developed, and plans to commercialize in 2017: Pogo-Power™ a proprietary mobile wireless power system designed specifically for EWDs and Pogo-Cam™ - the world’s smallest “look and shoot” camera attachable to eyewear. PogoTec™ has been very diligent in protecting its intellectual property. To date, PogoTec™ has filed over 100 provisional patent applications covering its product offerings that will be combined into numerous comprehensive patent applications.
“PogoTec™ is poised to provide unprecedented advantages to the fast-growing electronic wearable device market” said Read Ziegler, Managing Partner of Vantedge Group and a PogoTec™ board member. “PogoTec™ has a broad and distinguished set of partners to help ensure these advantages reach consumers through their purchase channel of choice.”
About PogoTec™ Inc
PogoTec™ Inc is a privately owned company incorporated in Delaware. Its core initiative is to enable electronic wearable devices with a special focus on eyewear. PogoTec™ product offerings consist of, Pogo-Track™ - a proprietary attachment means for attaching electronic wearable devices to eyewear while maintaining the fashion look of eyewear, Pogo-Cam™ - the world’s smallest “look and shoot” camera attachable to eyewear, and Pogo-Power™ - a unique wireless power transfer system for powering / charging electronic wearable devices of all types. The PogoTec™ management team and Board of Directors have extensive experience in creating and commercializing innovation. PogoTec™ has been extremely diligent in protecting its intellectual property and has numerous patent applications filed. For more information about PogoTec™, please visit http://www.PogoTec.com
Susan Cousins, PogoTec™, http://pogotec.com/, +1 540.904.5156, [email protected]
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