Gesture Interaction

Crunchfish signs agreement for a Proof-of-Concept project in a new business segment

Crunchfish has today signed a development agreement with a customer in Asia Pacific to develop a Proof-of-Concept (POC) with Crunchfish’s latest gesture technology. The project will be implemented during Q4 2021 with the goal of showing the results at a trade fair in the first quarter of 2022.

The customer is based in Asia Pacific and develops solutions for the AI technology industry with customers all over the world. To ensure a good technology fit and a market interest, the parties will work together to develop a POC that enables interaction in a car using hand gestures. Both companies’ technologies will be built together into a joint solution before an event during the first quarter of 2022.

For reasons of confidentiality, it is currently not possible to disclose the company name, but hopefully a successful joint POC project will lead to an official announcement of the collaboration. Revenues for the project are not fixed but estimated at around 53kUSD where Crunchfish will be able to charge for time and materials. A successful project can lead to greater revenue.

“We are very excited about this project since it can open up a new business segment for our gesture interaction technology. The global AI technology industry is changing rapidly, which requires new innovative solutions. It is therefore an exciting business to get involved in”, says Joakim Nydemark, CEO of Crunchfish Gesture Interaction

For more information, please contact:
Joakim Nydemark, CEO of Crunchfish Gesture Interaction AB
+46 706 35 16 09
Joakim.nydemark@crunchfish.com

Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

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Crunchfish signs agreement with Lenovo for AR glasses

Crunchfish Gesture Interaction AB (“Crunchfish”) enters a license agreement with Lenovo (Shanghai), to enable gesture control in initially Lenovo’s DaystAR New G2 AR glasses. Lenovo will integrate Crunchfish’s software in their commercial AR glasses to enable touchless navigation using hand gestures. It is a 3-years agreement, with a business model that is mainly based on a running royalty per produced unit including Crunchfish’s software.

The agreement gives Lenovo the right to use Crunchfish’s gesture control technology in AR glasses and Smart glasses worldwide over the next 3 years. Lenovo DaystAR New G2 is one of Lenovo’s latest AR glasses targeting enterprise and industrial markets. With the glasses connected to a smartphone or PC, the user can interact with a large virtual screen that not only adds a better user experience, but also provides a lot of new features. By adding gesture control, the users are in full control of the glasses without touching any physical buttons or screens.

Crunchfish XR technology enables an exceedingly precise and flexible interaction solution to control virtual objects or menu systems. To achieve an experience that is as realistic as possible in augmented reality, extreme accuracy is required of how the software interprets the movement of the hand. Crunchfish’s XR technology is optimized for AR glasses and VR devices but also supports interaction with mobile phones and public screens.

Lenovo is focused on a vision to deliver smarter technology for all. By designing, engineering, and building the world’s most complete portfolio of smart devices and infrastructure, Lenovo is also leading an Intelligent transformation – to create better experiences and opportunities for millions of customers around the world.

“We believe the user experience and an intuitive interaction is crucial for the success of our AR glasses why Crunchfish’s gesture control technology is an important part of our solutions”, says Karl Lu, Senior Manager at Lenovo Research.

“We are very proud that Lenovo – a global AR and consumer electronics company – has decided to use our gesture control software in their portfolio of AR glasses. To pass Lenovo’s rigorous evaluation process, further confirms the performance of our software and we are delighted to add touchless gestures to the AR experience for their users”, says Joakim Nydemark, CEO at Crunchfish Gesture Interaction.

For more information, please contact:
Joakim Nydemark, CEO of Crunchfish Gesture Interaction AB
+46 706 35 16 09
Joakim.nydemark@crunchfish.com

Erik Berggren, IR Manager
+46 726 01 16 73

erik.berggren@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

This information is information that Crunchfish AB is obliged to publish in accordance to the EU Market Abuse Regulation. The information was provided by the contact person above for publication on June 16, 2021.

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Crunchfish demonstrate product versatility with full body tracking

Crunchfish is happy to announce a new powerful gesture Skeleton network that enables full body tracking using a standard camera sensor. The solution shows the versatility of the XR Skeleton platform where detection and tracking of new objects can be added in a short time frame by training of algorithms using new image data.

Crunchfish XR Skeleton was launched late last year and is a software technology for gesture control that enables hand detection and tracking of 21 points on the hand. The software is primarily designed to be used on AR/VR devices and mobile phones, but the versatility opens for a lot of other use cases.

Since the launch of XR Skeleton in Q4 last year, Crunchfish can with the same base of neural networks and its unique development process, already demonstrate 3 new solution areas for interaction using a skeleton model.

  • – Hand interaction in cars, trucks, and airplane entertainment systems
  • – TV interaction with hands and body as a replacement of the remote control
  • – Full body interaction with large digital signage screens

The latest contribution to the skeleton model is full body tracking with Crunchfish FB Skeleton solution where a person’s body is tracked in 3 dimensions using a standard RGB camera. By feeding the neural networks with a combination of synthetic data and annotated images of human bodies, a solution that enables full body tracking has been created in only a few months. FB Skeleton will be available as a commercial solution later this year.

“The speed of development creating a wide variety of new solution areas demonstrates technical prowess and the versatility of our Skeleton gesture control system”, says Daniel Milesson, Director of R&D at Crunchfish Gesture Interaction AB.

For more information, please contact:
Joakim Nydemark, CEO of Crunchfish Gesture Interaction AB
+46 706 35 16 09
Joakim.nydemark@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com/gestures
Crunchfish is a technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. It is interoperable cross-service/schemes and cross-borders/currencies. It truly delivers the properties of cash, such as instant clearing, offline payments and preserving the payer’s integrity, without requiring any changes to the central or commercial banking infrastructure. This enables CBDC to be rolled out fast in any country.

We have also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. 

Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.


Crunchfish signs agreement for gesture control with Chinese provider of AR-glasses

Crunchfish Gesture Interaction AB (“Crunchfish”) enters a commercial License Agreement with INMO Technology Ltd (“INMO”) in China, to use Crunchfish’s gesture technology software in their series of AR-glasses. INMO will integrate Crunchfish’s software in their commercial AR glasses to enable touchless interaction using hand gestures. The business model includes a smaller upfront fee as well as a running royalty per produced unit that includes Crunchfish’s software.

INMO is developing Augmented Reality (AR) glasses with full AR capabilities, where gestures will be used as a key interaction paradigm.

Crunchfish XR gesture technology enables an exceedingly precise and flexible interaction solution to control AR glasses. To achieve an experience that is as realistic as possible in augmented reality, high accuracy is required of how the software interprets the movement of the hand.

“We experience increasing interest for our gesture technology software and are happy to welcome INMO as a new customer. By adding our high precision touchless gestures to AR glasses, we enable interaction with full flexibility and give the user control of the AR experience”, says Joakim Nydemark, CEO at Crunchfish Gesture Interaction.

For more information, please contact:
Joakim Nydemark, CEO Crunchfish Gesture Interaction AB
+46 706 35 16 09
joakim.nydemark@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager, Crunchfish AB
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com/gestures
Crunchfish is a technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. It is interoperable cross-service/schemes and cross-borders/currencies. It truly delivers the properties of cash, such as instant clearing, offline payments and preserving the payer’s integrity, without requiring any changes to the central or commercial banking infrastructure. This enables CBDC to be rolled out fast in any country.

We have also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. 

Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.


Crunchfish signs evaluation agreement with Chinese provider of AR-glasses

Crunchfish Gesture Interaction AB (“Crunchfish”) enters an Evaluation License Agreement with Extremesight Technology Ltd in China, to evaluate Crunchfish’s XR Skeleton gesture control software for their new AR-glasses. Extremesight will pay a smaller fee for the evaluation license and support services that will give the company access to Crunchfish XR Skeleton to integrate and evaluate for commercial use as a next step.


Extremesight is developing Augmented Reality (AR) glasses with full AR capabilities, where gesture interaction may be used as an interaction paradigm.

Crunchfish XR Skeleton enables an exceedingly precise and flexible interaction solution, where each of the 21 points that represent the joints of the hand can be used as an interaction surface to control e.g. virtual objects or menu systems. In order to achieve an experience that is as realistic as possible in augmented reality, extreme accuracy is required of how the software interprets the movement of the hands. XR Skeleton uses a standard camera sensor to deliver distances between all 21 points in three dimensions. The software is optimized for AR glasses and VR devices but also supports interaction with mobile phones and public screens.

We experience a lot of interest for our latest gesture technology software and are happy to welcome Extremesight as a new customer of XR Skeleton. By adding our high precision touchless gestures to their AR glasses, the user may take full advantage of the AR experience”, says Joakim Nydemark, CEO at Crunchfish Gesture Interaction.

For more information, please contact:
Joakim Nydemark, CEO Crunchfish Gesture Interaction AB
+46 706 35 16 09
joakim.nydemark@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager, Crunchfish AB
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com/gestures
Crunchfish is a technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. It is interoperable cross-service/schemes and cross-borders/currencies. It truly delivers the properties of cash, such as instant clearing, offline payments and preserving the payer’s integrity, without requiring any changes to the central or commercial banking infrastructure. This enables CBDC to be rolled out fast in any country.

We have also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market.

Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.


How does the world look through smart glasses?

The only thing we know for certain about the future, is that it is sure to be different. It may sound like science fiction, but soon many of us will wear smart glasses that enhance the reality around us with digital objects and make our everyday lives both easier and more efficient. The world will hardly be the same.

Augmented Reality (AR) has been around for a while, but now things are really starting to move. In the near future, we will all be impacted by this technology and the opportunities it offers.

“AR is created when virtual objects are placed on top of the reality we see around us through our mobile camera or smart glasses”, Joakim Nydemark, CEO of Crunchfish Gesture Interaction AB, explains. The company develops technology that allows you to interact in the world of augmented reality via intuitive hand gestures.

As with so much else, smart phones and tablets initially created the conditions for AR, whereby the user is given a new experience using the camera and software in such devices.

“Using smart glasses frees both hands and provides quick access to new information through a transparent screen, hanging in the air right in front of the user’s eyes. Crunchfish’s technology makes it possible to interact with the augmented reality without needing to touch a physical screen. Crunchfish’s gesture control technology lets users interact with virtual objects through hand gestures. This means that we can look up from the mobile display and not only make the content of the phone more naturally accessible, but also access relevant information about everything around us”, Joakim continues.

Crunchfish’s gesture control technology is absolutely world class”

– Joakim Nydemark

The smart glasses are usually connected to the mobile phone similarly to a smart watch, but in the future, it is predicted to replace the phone as the device you always want to carry with you. With a mobile connected to smart glasses, you can make calls, browse the phone book, take pictures and surf the web. Everything is projected as an extra visible layer in the glasses, while the phone can be left in the pocket or purse and both your hands are free. In the long run, smart glasses will replace the mobile phone as AR opens up for many more possibilities.

“Imagine you are out walking in town. Directions to your destination can be projected in front of your eyes, and by pointing the camera in your glasses at different objects, a building for example, you can get information about when the house was built, if there is an apartment for sale or drawings of how it looks inside. Once inside the apartment, the AR can show you how a room will look with different shades of color or wallpapers, or how a specific sofa would fit in the living room”, Joakim explains.

AR will not only revolutionize and facilitate our private sphere. The new technology will also create new opportunities for our working lives, streamlining and simplifying them. The technology is already today in many workplaces, as part of efforts to make companies and industries more digital and effective.

“Imagine repairing a machine or servicing a car. With the help of smart glasses, the service technician can get instructions projected in front of him on what is to be checked and in what order the various steps are to be performed, but also how, if he is unsure, by displaying a step-by-step description. Similarly, the technology can also be used in manufacturing. A new employee can quickly learn what, how and in what order things should be done, for example during assembly where it is important to assemble things in the right order”, says Joakim.

“The breakthrough of AR technology is not far away. As soon as one of the big electronics companies, say Apple, launches attractive smart glasses for consumers, things will snowball – perhaps as early as next year – and at a cost that will probably be on a par with what you would pay for a regular mobile phone today. The technology is currently being honed. One of the keys to success is to produce smart glasses that are attractive and comfortable enough for you to want to wear them on a daily basis. With limited space for electronics, the demand on performance is high. Crunchfish’s gesture control technology is absolutely world-class and gives the user full flexibility to interact with the augmented reality, despite limited resources”, Joakim Nydemark concludes.

About Crunchfish – crunchfish.com/gestures
Crunchfish is a tech company with patent-pending solutions for Digital Cash that can be integrated with both the payment rail and in mobile wallets. The solutions are globally scalable and makes digital payments more robust as the risks of disruptions and downtime are eliminated. We have also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.