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Nuheara Market Update

PERTH, Western Australia – Nuheara Limited (Company), Australia’s only ASX listed consumer wearables technology company, is pleased to provide a market update following the Company’s recent global launch at CES 2017 in Las Vegas, USA and the commencement of IQbuds™ shipping.

CES 2017

As previously announced, Nuheara launched IQbuds™ at the worlds largest consumer electronics show in Las Vegas during the first week of 2017.

Nuheara completed more than 3,000 personal fittings and demonstrations of IQbuds™ over the 4 days of the show, which led to extensive media coverage and third party review of IQbuds™.

“These Wireless earbuds make Apple AirPods look dumb” – Cult of Mac

“Under-promise and over-deliver, that is what’s happening with Nuheara’s IQbuds.”– Digital Trends

“Even if you’ve got normal ears, the IQbuds’ audio-enhancing technology can help take the stress out of noisy environments.” – Fast Company

Nuheara at CES 2017 for the debut of IQbuds

Commenting on the reception IQbuds™ received at CES, Nuheara CEO Justin Miller said, “With Apple’s recent release of Airpods, the Hearables market opportunity continues to mature and grow.  Therefore, it was significant that Nuheara was the only hearables company that chose to demonstrate its finished product at CES 2017. As a result, the company gained significant global media, distribution and retail attention, and most importantly, recognition that IQbuds™ is a Hearables leader. This position was further endorsed with IQbuds receiving 3 major awards at the show.”

awards won by Nuheara at CES 2017

Shipping

Nuheara continues to fulfill early backer orders from its Indiegogo campaign, with all iOS orders for IQbuds™ in Australia and New Zealand now expected to be delivered by 27th January 2017. As part of this initial fulfillment process and to assist with the expedition of current and future orders, the Company is also commissioning 3PL (3rd Party Logistic) warehouses in Sydney and Los Angeles. With IQbuds’ recent U.S. certification, product is now expected to reach the Los Angeles warehouse prior to the end of January, helping facilitate the delivery to US consumers in February.

Distribution & Retail

With certifications now complete in Australia and the USA, certified IQbuds™ production samples (complete with retail packaging) have now been sent to numerous retailers and distributors for final review and approval. Once approved, Nuheara can commence shipping to retailers and distributors in the USA and Australia.

Nuheara has also now completed the design and development of its POP (Point of Purchase) retail display. These innovative displays will be placed in major retail outlets, run video and sound to allow a potential purchaser to gain the IQbuds™ experience in store, without the need to personally fit the IQbuds™ in the ear. This POP was displayed at CES and was very well received by retailers and partners.


Contacts

Australia
Justin Miller
CEO and Managing Director
+61 8 6555 9999
justin.miller@nuheara.com

USA
David Cannington
Vice President of Sales & Marketing
+1‐415‐497‐4754
david.cannington@nuheara.com


About Nuheara

Nuheara is an innovative audio Wearables company. It has developed proprietary hardware and software to deliver multi-functional intelligent hearing technology that augments a user’s hearing and facilitates cable free connection to smart devices. With Nuheara’s IQbuds™, consumers are able to augment their hearing according to their personal hearing preferences and connect hands free with their voice enabled smart devices. Nuheara’s mission is to improve people’s lives by allowing them to seamlessly listen, communicate and connect to their physical and digital world. Learn more about Nuheara: www.nuheara.com.

2 replies
    • Nuheara Support
      Nuheara Support says:

      Hi Keith, we should begin shipping to the UK in late March/early April. Are you getting our updates via emails or if you backed us on Indiegogo, we are posting updates there as well. If you have any other questions, feel free to reach out to care@nuheara.com and they can help you as well. Thanks!

      Reply

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