Nuheara is preparing to commence shipping IQbuds™ to crowdfunding backers and launch retailers before the end of 2016; New pre-orders placed through the online store are expected to ship in the first quarter, 2017

October 12, 2016 — Nuheara Ltd today announced the company has sold out of it‘s allocated units for sale in 2016 and are currently on schedule to commence shipping late December.

Nuheara has commitments of nearly 4,000 units from 3500 backers in 82 countries from its Indiegogo campaign and has forward orders from selected retailers in the USA and Australia, Nuheara today also launches its online store to accept pre-orders for estimated Quarter 1, 2017 availability, ahead of the official launch of IQbuds™ at CES in Las Vegas in early January.

e-commerce site launch

 “2016 has been an exciting year for Nuheara. We were really pleased with response to the Indiegogo campaign, which ended up generating pre-orders of over A$1M. We are now pursuing a hydrid go-to-market approach with sales through our online store and sales through the channel. ”said Justin Miller, CEO of Nuheara. “.We are pleased to see consumers, retailers and distributors across the globe all responding favorably to IQbuds™ as an emerging ‘hearables’ product”

According to Nick Hunn, CTO of WiFore Consulting, who coined the term ‘hearables’ in 2014, “Its an exciting time in the hearables sector. Early products have not always lived up to expectations, Apple’s entry should dispel consumer concerns about quality, but they are only offering audio streaming. If companies like Nuheara deliver on their production and technology innovation promises, we should see rapid and dynamic growth in the market”

Starting today, consumers can pre-order IQbuds™ for USD $299. In addition, Nuheara IQbuds™ will start shipping and be available for purchase at retail locations in Australia & the USA in first quarter 2017.

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.


NUHEARA CONTACTS

Australia
Justin Miller
+61 8 6555 9999
justin.miller@nuheara.com


USA
David Cannington
+1‐415‐497‐4754
david.cannington@nuheara.com

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