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Nuheara Expands Direct to Consumer Platform

HIGHLIGHTS


  • New direct-to-consumer retail platform enhancements in multiple currencies, now allows Nuheara to directly sell and ship IQbudsTM globally
  • Seven Shopify enabled Nuheara eCommerce stores now transacting in Australian dollar, US dollar, UK pound, Canadian dollar, European Euro, New Zealand dollar, and the Hong Kong dollar
  • Creates new retail reach and independence, while also complimenting IQbudsTM geographical expansion of brick and mortar in-store retailers and online retailers such as Amazon
  • Convenient payment plans now available to residents in Australia and USA with more countries to follow

Nuheara Limited (“Company” or “Nuheara“), is pleased to announce the expansion of its direct to consumer retail platform, with the company’s online shopfront now operating in seven major currencies. With these platform enhancements, the Company now has the capability to directly reach, transact and then ship IQbudsTM to the majority of countries globally, independent of third party retailers.

The Company is also pleased to announce two partnerships that provide Nuheara’s direct online customers with the convenience of installment based payment plans for IQbudsTM purchases in Australia with Afterpay and in the US with Partial.ly, further enhancing direct revenue opportunities.

Via its customised Shopify platform, Nuheara now transacts in Australian Dollars, US Dollars, Canadian Dollars, UK Pound, European Euro, New Zealand Dollar and the Hong Kong Dollar, with customers automatically directed to the most appropriate site, pricing and currency based on their physical global location. Upon the placement of an order, each of these transactions are then seamlessly processed by one of the Company’s four warehouses located in Sydney, Los Angeles, London or Hong Kong for direct shipment.

Figure 1: IQbuds™ Shopping Cart with payment plan option

Commenting on the expansion Nuheara CEO, Justin Miller, said:

“As an emerging business, it is critical that we continue to expand our retail reach and purchase options. As such, even with our ever-expanding global brick and mortar in store retail presence and our online transaction portals such as Amazon, they still only provide us with limited global geographical retail reach. We are excited to be able to offer customers located just about anywhere in the world the opportunity to purchase IQbudsTM in one of seven major currencies, all with the ease of direct shipment. Furthermore, for customers in Australia and the US, we now provide the option of installment based payment plans that allow the convenience of 4 equal monthly payments. Based on success, we have a strategy in place for customers in other countries to be provided with the same installment plans.”


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


About Nuheara
Nuheara is an innovative audio wearables company that has developed proprietary and multi-functional intelligent hearing technology that augments a person’s hearing and facilitates cable free connection to smart devices. Nuheara is based in Perth, Australia and has offices in San Francisco and New York, USA. Nuheara was the first consumer wearables technology company to be listed on the Australian Stock Exchange (ASX).

In 2016, the Company released its revolutionary wireless earbuds, IQbudsTM, which allow consumers to augment their hearing according to their personal hearing preferences and connect hands free with their voice-enabled smart devices. IQbudsTM are now sold in major consumer electronics retailers and professional hearing clinics around the world. The Company’s mission is to improve people’s lives by allowing them to seamlessly listen, communicate, and connect to their physical and digital worlds. Learn more about Nuheara: www.nuheara.com.

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