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News and Announcements

Acoustic3D Holdings Annual Update 2015; Announces a Technology-Transfer Agreement and Raises $1m

  • Published December 15, 2015 3:11PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates
  • Acoustic3D Holdings Ltd, A3HL – announces a technology-transfer agreement with Vastigo Ltd, Singapore.
  • Vastigo licenses A3HL technology for smartphones, televisions, car-audio, ceiling speakers and consumer audio
  • A3HL raised ~$1Million AUD to fund global licensing, as per Deloitte’s advice.
  • A3HL subsidiary, NewAudio Pty Ltd’s new website www.newaudio.com.au, markets Emergence AS8’s directly to consumers and through Professional AV outlets. NewAudio plan to distribute an expanded range, including sound-bars, through large retail-chains.
  • A major European car audio group initiated trials of A3HL technology.
  • Vastigo’s sales campaign starts at the 2016 CES, Las Vegas.
  • Capital raising in Australia is complete. However, a few shares in A3HL are available on the secondary market.

ABOUT A3D

Acoustic3D has developed patented acoustic technologies that use new thinking in physics, mathematics and psychoacoustics, to enhance the human perception of sound, therefore creating greater clarity, spatial awareness, and increased intelligibility.

The Company’s first generation reflector product known as the ‘Emergence’ sound system, won the ‘Australian Good Design Award’ in 2014 and has created much interest from major consumer electronics manufacturers with regard to licensing the technology.

Acoustic3D will change the way people listen to sound with a patented, game-changing discovery in audio amplification; the audio hologram. Holograms produce 3D sound of unprecedented clarity and depth, almost 100% distortion-free, recreating the original room acoustics for the listener.

A series of low cost, audiophile-quality consumer and studio systems are production-ready. Acoustic3D will be ideal in concert halls, airports and railway stations. Funding is required to bring the final products to market and cash flow the business through this launch phase.

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