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At the heart of its business, Nuheara is building a proprietary hearing
technology platform that combines unique hearing intelligence software with
spatial directionality and placement, Bluetooth connectivity and app software
components.
By evaluating what was happening in the headphone market, the Bluetooth
earpiece market and the hearing assistance markets
Nuheara concluded that
it could build something unique for the growing Wearables consumer market.
Nuheara plans to provide the consumer with a product which will be like using
an assisted listening device, a Bluetooth earplug and a noise-cancelling
headset all in the one product. The real benefit of Nuheara is that it will give
the consumer the control to orchestrate their hearing experience via the
Nuheara app and with the tap touch functionality on the Hearable.
Nuheara plans to open up its application programming interface to
developers around the globe who are building speech recognition
solutions for the voice-enabled world. These applications will be both
consumer and enterprise solutions.
It is foreseeable that Nuheara will develop partnerships with speech
recognition software developers who are looking to deliver their
solutions on a best-of-breed hearing platform like Nuheara.
(viii) Nuheara's aim is to make its Hearables the platform of choice for the
world's voice enabled software developers. Nuheara expects to
release a software development kit to third party app developers.
For
example, this could include Hearable apps such as:
(A) translating languages on the fly; and
(B) personal tour or sightseeing guides;
