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AWARD-WINNING HEARING TECHNOLOGY COMPANY TO LAUNCH GLOBALLY

Hot on the heels of winning two innovation awards at the iAwards 2007, hearing technology company Sensear will launch its groundbreaking, innovative products globally at two of the world’s largest safety trade expos, the A&A, held in Dusseldorf, Germany in September and the National Safety Congress, held in Chicago in October.

Sensear will be introducing its first two commercial products, the electronic ear muffs and electronic earplugs, which can be used industrially to enable communication whilst preventing noise-induced hearing loss.

Sensear Managing Director Justin Miller said Noise-Induced Hearing Loss (NIHL) is one of the world’s most common occupational illnesses and the world’s biggest compensatable occupational hazard.

“A February 2006 study by Access Economics reports Noise-Induced Hearing Loss (NIHL) cost Australia in excess of $4 billion in 2005.”

Sensear’s products can be worn by people in noisy environments, allowing them to hear speech and alarm signals while being protected from background noise.

“The technology is a world first. It enables people to wear hearing protection and clearly hear face to face speech, as well as mobile phone and two-way radio conversations, in a diverse range of high noise environments,” Mr. Miller said.

The company has consulted extensively with its prospective customer market and commercial interest appears to be strong.

“We have trialed the products with several global companies, including Qantas, Alcoa, and Rio Tinto, receiving very positive results,” Mr. Miller said.

Qantas Occupational Hygienist Brian Smith said Sensear’s earmuff products were trialed with ground staff, baggage handlers, and engineers with successful results.

“Initial trials of Sensear’s earmuff products have proved successful and workplace assessment is ongoing. Once Sensear has launched commercially, we will evaluate other applications including the earplug option. Sensear’s technologies may form part of our overall noise management program,” Mr. Smith said.

Sensear recently won two innovation awards at the annual iAwards presented by the Australian Information Industry Association (AIIA), the Australian Financial Review, and the CSIRO, which seeks to recognize the best Australian Information and Communications Technology (ICT) innovations each year.

Sensear was the only company to win two of the prestigious iAwards, taking first place in the Healthcare and Research & Development categories.

“Australian listed company BioTech Capital has recently completed its due diligence on the company and we now welcome them as a significant investor. Winning the iAwards has generated further interest from other investment organizations,” Mr. Miller said.

“We see these awards, the substantial interest from potential investors, and the overwhelming response from the trials, as recognition that Sensear’s products will meet a global market need.” 

As a result of winning the iAwards, Sensear will now represent Australia at the Asia Pacific ITC Awards in Singapore in November.

Download press release

 

Attached: ASX Announcement from BioTech Capital

For more information, including images, visit www.sensear.com or contact:

Justin Miller
Managing Director
Sensear
Tel. 0419 948 487 or 08 6488 8120

Brian Smith
Occupational Hygienist
Qantas
Tel. 03 8336 4060 or 0421 616 632

Caroline de Mori
Purple Communications
Tel. (08) 9485 1254 or 0418 919 064

About Noise-Induced Hearing Loss

Noise-Induced Hearing Loss (NIHL) has been identified as a major avoidable cause of permanent hearing impairment worldwide. It is one of the world’s most common occupational illnesses and the world’s biggest compensatable occupational hazard.
NIHL is preventable.

About Sensear

Sensear Pty Ltd is an Australian company formed in 2006 which provides innovative technology that enables speech communication to be heard in high noise environments, without the need to remove hearing protection. The company was formed to commercialize the technology developed by WATRI (Western Australian Telecommunications Research Institute), a joint venture between two of Australia’s most renowned and respected universities, Curtin University of Technology and the University of Western Australia.

Sensear’s technology is the latest and most effective technological advance in the fight to eliminate Noise-Induced Hearing Loss (NIHL). The Sensear technology has numerous applications in industrial, commercial, and social environments.

www.sensear.com

About the iAwards 

The iAwards, presented by the Australian Information Industry Association (AIIA), the Australian Financial Review, and the CSIRO ICT Centre, recognizes the best Australian information and communications technology (ICT) innovations each year.

It is a platform that pushes Australian innovators into the spotlight, acknowledging innovative companies for their contribution and impact on Australian industries.