Audientes closes yet another collaboration agreement in India

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Audientes A/S and Aura Hearing and Speech Care Center, India, today announce a Collaboration Agreement for the sale of Audientes’ self-fitting hearing aid, Ven™, in Aura Hearing and Speech Care Center’s 14 points of sale throughout Mumbai and Delhi.

Audientes has entered into yet another collaboration agreement in India. Today’s announcement of a partnership with Aura Hearing and Speech Care Center, a leading hearing care and hearing aid retailer in India, brings the total number of Audientes partners to three, with a combined total of 84 points of sale, spanning across South, West and Northern India.

Great strategic importance

“Establishing this partnership with Aura Hearing and Speech Care Center for the sale of our self-fitting hearing aid, Ven in India is another important milestone for Audientes. Aura Hearing and Speech Care Center is a mature and recognized hearing aid retailer with over 10 years in the industry. Furthermore, the location of its points of sale is of great strategic importance to Audientes, as it enables us to gain further foothold in two of the largest cities in India, Mumbai in the west and Delhi in the north, with a combined population of over 27 million. We are delighted to welcome Aura as a partner and look forward to further strengthening our collaboration as we continue to roll out Ven in India,” says Steen Thygesen, CEO, Audientes A/S.

A valuable addition to our product catalog

Mr. Naitak Shah, Owner and General Manager, Aura Hearing and Speech Care Center, comments: “We are very happy to add Ven by Audientes to our product catalog. At Aura Hearing and Speech Care Center, we strive to provide our customers with the best possible services at a reasonable price, which is why I believe that Ven is a valuable addition to our product catalog. We are an industry leader in digital hearing aid fitting and trust that Ven, with its price point and digital self-fitting feature, will enable us to address more customers at our clinics.”

Aura Hearing and Speech Care Center is an authorized retailer for multiple hearing aid brands and has four points of sale in Delhi and ten in Mumbai. The organization’s strength is generated from its commitment to impeccable customer care and service. Aura Hearing and Speech Care Center prides itself on providing a one-stop solution for hearing-impaired people from all backgrounds and of all ages. Aura Hearing and Speech Care Center expects to commence sales of Ven in Q4, 2021.

For further information, please contact:

Steen Thygesen, CEO, Audientes A/S

Phone: +45 53 17 26 10

Email: st@audientes.com

Raman PV Rao, Country Head, Audientes India Pvt. Ltd.

Phone: + 91 91770 49678

Email: rr@audientes.com

Mr. Naitak Shah, Owner and General Manager, Aura Hearing and Speech Care, India

Phone: +91 97693 73303

Email: Naitik.shah@aurahearingaid.com

About Audientes A/S

Audientes A/S is a Danish technology company specializing in smart, self-fitting and affordable hearing aids. Audientesunique hearing aid solution, Ven, is in the process of being rolled out in the Indian market, before being introduced to the US OTC marked and other markets thereafter. Audientes’ mission is to help the 400 million people globally suffering from disabling hearing loss who cannot afford to buy one of the very expensive conventional hearing aids on the market. Audientes is headquartered in Copenhagen and has a subsidiary in Hyderabad, India. In 2020 the company was listed on Nasdaq First North Growth Market Denmark (Ticker: AUDNTS).

For additional information please refer to the companys websites, www.audientes.com or www.audientes.in

About Aura Hearing and Speech Care Center

Aura Hearing and Speech Care Center has clinics in Delhi and Mumbai. Aura Hearing and Speech Care Center’s vision is to provide their customers with the best-in-class service at a reasonable cost.

For additional information, please refer to the company’s website, www.aurahearingaid.com

This announcement is originally published in English. In case of any discrepancy between the English version and the Danish translation, the English version prevails.

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