Audeara's Partnership with Clinico Inc.

Audeara Ltd (ASX:AUA) has received a significant purchase order valued at $570,000 from Clinico Inc., Taiwan's largest hearing aid retailer, for Clinico-branded healthy hearing earbuds. This order marks the next phase of Audeara's partnership agreement with Clinico, emphasizing their commitment to expanding their audiology and health distribution network with innovative hearing solutions.

Audeara CEO's Perspective on the Purchase Order

We are pleased to confirm this purchase order from Clinico, which demonstrates the strength of our ongoing partnership and the confidence Clinico has in Audeara's products. This order marks a crucial step towards the launch of our new earbuds, and we look forward to expanding our footprint in major Asian markets through world-class distribution partners. The sale also establishes product-market fit for Audeara products through wholesale channels, which has the potential to drive additional margin growth as additional orders are realised. Clinico is an established leader in the audiology industry, and together, we are committed to delivering world-class hearing solutions for what is a major global addressable market.

Audeara's Expansion and Market Impact

Audeara Ltd (ASX:AUA) has secured a $570,000 purchase order from Clinico Inc., Taiwan's largest hearing aid retailer, for Clinico-branded healthy hearing earbuds. This signifies the next phase of Audeara's partnership agreement with Clinico, highlighting their commitment to expanding their audiology and health distribution network with innovative hearing solutions. The international product launch will coincide with a broader Australian launch in the coming months through AUA's online channels and audiology clinics. The launch of Audeara's new healthy hearing earbuds is expected to further solidify the Company's presence in the Asian market, with Clinico's established market leadership in Taiwan and strong presence in China unlocking a significant opportunity for Audeara to increase its market share in these regions. Audeara's strategic focus on expanding its international footprint and aligning with market leading brands is evident through this partnership with Clinico. The timing and size of any future orders will be determined by the market success of the product in its initial rollout phase.