Did any one else get this email today. Looks like it will be a huge opening. Better get on early.
Which tech stock is about to list on the ASX with a global distribution deal with giant automaker Ford?
A new force in social media is about to debut on the ASX following its hugely oversubscribed IPO, which raised $6.5 million in expansion capital for the Israeli technology company. The overwhelming response from investors indicates that, at an enterprise value of $7.6 million, this new promising tech stock is very competitively priced with plenty of room for upside.
This Company has already secured a global distribution deal with Ford Motors, which means its App will be available to install in new cars manufactured by the global automaker.
This new ASX entrant is
HearMeOut Limited (
ASX:HMO), which has successfully developed an innovative audio social media platform that transforms the way people engage with and consume social media.
HearMeOut’s technology enables users to share and listen to short, 42-second audio posts through the App’s native feed, or on other social networks, such as Facebook.
The founders of HearMeOut developed the platform so people can convey the true personality behind their profile. It enables users to express the authentic voice and to put their unique signature on social media interactions.
HearMeOut has already secured an international distribution agreement with Ford to include the HearMeOut App in Ford’s SYNC AppLink technology (Ford has begun promoting HearMeOut with this commercial:
).
SYNC AppLink is Ford’s global mobile-to-car connection system that allows drivers to use voice commands and steering wheel buttons to control their mobile apps (see
http://www.timesofisrael.com/ford-seeks-connected-car-apps-with-a-start-up-nation-twist/ for more details).
The HearMeOut App is one of a select few apps on the Ford system. Users need to download the App to their phone and connect to the multimedia system of the car via Bluetooth. The App will then appear automatically in the “apps” section in the Ford multimedia system. The HearMeOut App will enable Ford drivers to listen to entire social feeds while driving, record vocal posts and share them on Facebook and Twitter all without taking their eyes off the road.
Following the successful capital raise, HearMeOut is well-funded to advance its partnership with Ford. The Company will also look to develop its Application Programming Interface (API) for integration into other connected car systems as well as into wearable devices.
HearMeOut will commence its global marketing campaign to rapidly scale its user base and expects to officially launch the App in the US market in early 2017.
HearMeOut is set to list on the ASX next week so keep your ear to the ground or you’ll miss out on this great opportunity to be part of the growth of the hottest new social media platform!
Put HMO on your watch list now.
