LONDON, UK: Tekcapital Plc, the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve peoples lives, announced that portfolio company Lucyd’s, Innovative Eyewear Inc. subsidiary, has been approved by DICK’s Sporting Goods to provide its Lucyd Lyte smart eyewear on dickssportinggoods.com and by BestBuy.ca to place its products on Best Buy’s Canadian ecommerce site.

Products will be available on both ecommerce platforms within the next 30 days.

Tekcapital currently owns 100% of the share capital of Lucyd Ltd and approximately 81% of the share capital of its U.S. operating subsidiary, Innovative Eyewear, Inc.

DICK’s Sporting Goods is the largest sporting goods retailer in the US and Best Buy® is one of the largest electronics retailers in North America.

Harrison Gross, CEO and cofounder of Innovative Eyewear, said “We are thrilled to launch our Lucyd Lyte products on Dicks.com and BestBuy.ca. We believe Lucyd Lyte eyewear is perfect for active lifestyles, since it allows you to enjoy music and calls handsfree without obstructing your hearing. We also believe it is a natural fit for those looking for the next big thing in fitness tech and/or eye protection from Dick’s and Best Buy, two retailers whose influence over their respective markets cannot be overstated.”

Lucyd’s mission is to Upgrade your Eyewear® with advanced ergonomic smart glasses that are easy to use, fun to wear, and help you stay safely connected to your digital life. The Lucyd brand and IP portfolio are exclusively licensed to and operated by Innovative Eyewear, Inc. www.lucyd.co