NUH Chart & TA, page-487

So with the exchange rate adjustment we are still over 1,000,000 AUD in pre-orders from 82 countries.

The wearables industry is widely expected to explode over the next decade, with revenue in the global wearable devices market forecast to reach $37 billion in 2020 from $1 billion last year.

Flextronics, Nuheara's contract manufacturer from the 8 June announcement to market, now meets about 75% of the world’s demand for wearables. It manufactures technology for Fitbit and Jawbone, Google, Cisco, Intel, Microsoft, HP and Apple to name a few.

We have seen hints of where Nuheara will be headed, because the founders have said it's not a one product company - and I've mentioned virtual reality before - but there's also the computer assistant/biometric functionality that Curtin Uni researchers hope to introduce. This is merely Generation 1.



"The release will also mean for the first time a smartphone connectable device, with sophisticated sound augmentation capabilities, can be purchased off the shelf by consumers." _{(Source: http://www.sciencewa.net.au/topics/technology-a-innovation/item/4137-new-headphones-can-pick-and-choose-outside-noises)}