Audeara growth gains momentum with Audika Hungary deal

Audeara growth gains momentum with Audika Hungary deal

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Audeara (ASX:AUA) has today announced its products will soon be available in Audika clinics in Hungary thanks to a new deal between Audeara Europe LLC and Mediszintech Audiológia LLC., trading as Audika.

Audeara headphones will be bringing personalised listening experiences to those with hearing challenges.

Audika is part of Demant Group, a global leader in hearing health care that specialises in the distribution of intelligent audio solutions to people in more than 30 countries worldwide.

The partnership represents a new milestone for Audeara, which has been working with Demant in Australia since 2021. Audeara is stocked in over 380 Australian Demant locations, including clinics and visiting sites.

Audika Hungary Managing Director Szabolcs Spiczmüller said “We’re proud to be offering this incredible technology to our community and proud to be working with Audeara to create life-changing differences through hearing health.”

In keeping with the company’s strategy to expand globally alongside international clinic chains, the agreement represents the third of the ‘big six’ audiology groups (Demant, WSAudiology, Amplifon, Starkey, Sonova, GN Resound) to be working with Audeara in Europe, showing strong momentum in the region.

Audeara European Sales Director Istvan Nagy said “After more than 10 years of working in the global audiology industry, the feedback and response we’re getting to this technology is very encouraging.

We can help the customers of the clinics and the clinics themselves and this is a strong combination. We feel confident that this is one of many relationships that we can build across Europe.”

The addition of Audika in Hungary follows closely off the back of Audeara’s launch in Austria with WSAudiology.