Perth WA, Australia, April 6th, 2016 – Nuheara (ASX Code: NUH), an innovative audio wearables company co-located in Perth, Australia and San Francisco, USA, announced today it launched a pre-order campaign for its IQbuds™ wireless earbuds on the Indiegogo platform.

Nuheara is developing intelligent wireless earbuds that aim to allow users to hear what they want to hear in the world around them and in their digital world. Nuheara describes IQbuds™ as a cross between an Assisted Listening device, Noise Cancelling headset and a Bluetooth earpiece in two totally wireless earbuds.

Nuheara raised A$3.5M in a public offering on the Australia Stock Exchange on March 2nd this year and had been trading at well above its listing price since then.

According to Justin Miller, CEO Nuheara, “We were really pleased with the response from the market to the Nuheara public offering last month. Nuheara is the only consumer Wearables company listed on the ASX, and this pre-order campaign represents the execution of the first stage go-to-market with IQbuds™.”

IQbuds™ is the first product for Nuheara and, according to Miller, hundreds of consumers have responded very positively to the working wearable prototypes that they have been testing over the last two months in Australia and USA.

The company claims it has a community of over 22,000 people who have signed up at its website. According to David Cannington, Co-founder who is based in San Francisco, “This pre-order campaign is really designed to reward our early supporters with early bird discounts and Indiegogo is a great platform on which to continue to build our growing community.”

Nuheara has developed a contractual Research and Development relationship with Curtin University, where Nuheara funds post-doctoral researchers at the University who specialize in digital signal processing and augmented hearing.

“Curtin University provides an added level of robustness to our global business and product aspirations. In that sense, we are proud to be a poster child for universities and the private sector collaborating to build innovative technology products for the global market,” said Miller.

While all the technology development takes place in Perth, Australia, Nuheara was born global and has a partnership with one of the worlds leading Wearables incubators – Wearable World IoT Labs in San Francisco, CA. “It’s a huge advantage for Nuheara to have a base in the heart of the weareables eco-system in Silicon Valley,” said Cannington. “We are creating a go-to-market channel for all the great technology being developed by our team in Perth.”

Though new to Indiegogo, wireless earbuds (IQbuds™) by Nuheara have been in the works for over 18 months. the company plan to commence shipping to its early supporters in December 2016.

About Nuheara

Nuheara is an innovative Hearables company. It is developing 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™, it is intended that consumers will be 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

 

CONTACT INFORMATION
Australia Contact: Justin Miller
Company: Nuheara
Phone: +61-(0) 419948487
Email: [email protected]

USA Contact: David Cannington
Company: Nuheara
Phone: +1- 415-497-4754
Email: [email protected]

April 5th, 2016