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1 Nuheara Ltd TechKnow May 2016 Justin Miller CEO & Co-founder Presentation Justin Miller CEO & Co-founder Melbourne 23 March 2017
2 CORPORATE SUMMARY 2 Company Snapshot Successfully listed on ASX March 2, $AU per share Raised over $8 million in capital Including $5 million in November $0.06 Current cash $3.4 million Co-located Perth Australia & San Francisco, USA Developed intelligent wireless audio technology device - IQbuds Currently shipping $AU 1.5 million in pre-orders from customers in 80+ countries. Retail commencing now with a broader retail push Q2, 2017 Security Details Lis ASX Ticker Existing Shares on issue: Listed Escrowed NUH 442,093, ,802,321 Unlisted Options 83,319,445 Total Ordinary Shares 636,895,996 Share Price (17 Mar 2017) $AU Market Capitalisation $59,868,223 Shareholder Groups Directors & Management 30.4% Top %
3 NUHEARA IQbuds 3
4 OUR VISION ASSISTIVE AUDIO 5 4 NUHEARA was founded to improve the quality of peoples lives by giving them the control to interact with the world around them and their digital world.
5 NUHEARA INTELLIGENT HEARING 5 5 Firmware - Proprietary Algorithms Advanced Hardware - Bluetooth - Near Field Magnetic Induction (NFMI) - Digital Signal Processing (DSP) Software (App) Controlled
6 6 We are smarter than that Wireless Bluetooth Music & Phone calls Promote conversation & suppress noise Personalised Hearing Assistance & Augmentation Voice Control - SINC activate Siri & Google Now
7 INTELLIGENT HEARING MARKET FIT? 7 Market $8 Billion p.a. Hearing Aid Potential Gap/Disruption 6 Companies control 90% of global market Wearables Body worn computers Top 4 companies (wrist) control 53% of global market Market $15 Billion p.a. Hearables Market $6 Billion p.a. Headphones Technology Enhancement On average users replace every 18 months
8 Music Sensors Hearing For personal use only HEARABLES A NEW MARKET 8 Hearables Positioning, How it s Evolving Wireless Headphones THE RACE TO THE BOTTOM Sport Hearables Fitbit + Headphone Hearing Hearables Hearing Assistance/Augmentation + Voice Control + Headphone HEARING HEALTH $30 to $259 Starting at $30USD 1M+ 100k+ $199-$249 $299 - $500 MAINSTREAM NICHE EMERGING Wireless Headphones Sports + Fitness Assistive Audio Advanced Technology
9 HEARING HEARABLES SEGMENT 9 Nuheara can achieve a leading position in segment with IQbuds based on reviews expected Music Quality: Excellent Music Quality: Excellent Music Quality: Excellent Battery Life: 4 hours Battery Life: 2 hours Battery Life: TBD Wires: True Wireless Wires: True Wireless Wires: Neckband Processing: SINC Processing: TBD Noise filters but limited speech processing Processing: Directional Hearing Augmentation Hearing Augmentation Hearing Augmentation: TBD ANC: Passive ANC: TBD Passive? ANC: Bose ANC App: ios & Android App: ios & limited Android App: ios & Android RRP: $299USD RRP: $299USD RRP: $499USD
10 THE REVIEWS ARE IN BEST IN CLASS 10 The IQbuds not only deliver on their promise, they exceed expectations
11 Source: NIDCD Epidemiology and Statistics Program. Updated in November GREAT REVIEWS SO WHO WILL BUY? IQbuds Target Market Early Adopters (35yrs+) Suffer Pub Deafness Age at which hearing loss begins
12 Hearables PSAPS Hearing Aids For personal use only IQbuds - WHY WILL THEY BUY? 12 More than a great wireless earbud Hearables BRIDGING THE CHASM Traditional PSAP (Personal Sound Amplification Products) Hearing Aid IQbuds 1M+ Low quality products DIRECT + AMAZON $299 Cheap junk starting at $30USD $49-$399 $ $8000 EMERGING NICHE MAINSTREAM + MEDICAL High functionality, no stigma, low barrier to entry Poor man s hearing aid Medical Device
13 13 IQbuds MARKET FIT VALIDATION First ASX company to conduct a crowdfund campaign More than 75% of supporters aged global distributors and retailers attracted to us
14 14 IQbuds RETAIL PATH TO MARKET Sales and Marketing initiatives on a new retail category of Assistive Audio have now fostered a diversified range of interested global retailers and distributors including: Multi-national Consumer Electronics Retailers Speciality Retail/Duty Free Pharmacies/Drug Stores Audiological practitioners and hearing chains
15 15 Current Status CURRENT STATUS First Working Wearable Prototype (WWP) in January 2016 IQbuds now in commercial mass Flex with yields exceeding 95% Consumer ready IQbuds now certified for sale and use FCC (USA), IC (Canada), CE (Europe), RCM (Aus/NZ) Global launch of IQbuds at CES, Las Vegas, in January 2017, received a CES award, Tech for a Better World. Commenced shipments of IQbuds in Jan Now clearing backorder into Apr Commenced consumer electronic retail sales with broader push in Q Q2 commence Hearing Health channel diversification. 18M
16 EXPANDING IQbuds MARKET APPEAL 16 The hand to mouth evolution of interacting with our digital world Keyboard Mouse Smart Device Voice Yesterday - Tap, Click and Swipe Tomorrow - Hear and be Heard Own the ear, own the voice!
17 17 THANK YOU TechKnow attendees can order IQbuds online use discount code GetIQbuds and save US$40 per set.
18 IQbuds FEATURE SET 18 INTELLIGENT HEARING
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