Pixie Dust (PXDT) Launches VUEVO Display

Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the "Company"), a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology, today announced the launch of its new product VUEVO™ Display, which provides a window to serve global customers with real-time subtitling and translation in over 100 languages.

Background

In recent years, with the rise in in-bound tourism and the increase in the number of foreigners living in Japan, there is an increasing need for multilingual support at the reception counters of commercial facilities, accommodation facilities, public transportation, and the like.

However, the number of staff at the counter who can serve customers in multiple language tends to be limited in current situations. Therefore, such staff are unable to provide appropriate guidance to unexpected foreign customers and in some cases this results in a decline in customer satisfaction. In particular, it is extremely difficult to secure personnel who can speak languages other than English.

In addition, the revised Act on the Elimination of Discrimination against Persons with Disabilities, which came into effect in April 2024, requires businesses to provide reasonable accommodation to people with disabilities, and calls for proactive responses. However, there are cases where it is not possible to provide sufficient reasonable accommodation when communicating with deaf or hard of hearing people at the counter or reception desk. As a result, there is a challenge for people with disabilities in not being able to receive appropriate guidance and to use services with confidence.

In response to these challenges, the Company has started offering the "VUEVO Display," which utilizes its proprietary wireless microphone and voice recognition technology to display subtitles and translations of conversations on a transparent screen in real-time.

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