| World Hearing Organization, Inc. |
|
|
3945 Perie Lane
San Jose, CA 95132 USA
phone:
408 272 2222
fax:
|
| Symbol |
Private |
| Founded |
2003 |
| Employees |
3 |
|
|
n/a |
|
| Research Sector |
Medical Devices & Tech |
|
 |
| Summary Description |
| High-performance solar-powered hearing aids |
 |
| Management |
| Siamak Sani- CEO |
|
|
|
|
| Keywords |
| Audiology, hearing aid, solar |
|
|
|
|
Description |
| World Hearing Organization (WHO, Inc.) seeks to offer comprehensive hearing care services at approximately 33% of current prices via its licensed mobile hearing clinics.
|
 |
| Products / Services |
WHO Inc. manufactures high-performance hearing aids and organizes portable hearing clinics. Its carry-on-sized patient service platform includes a state-of-the-art audiometer, a suite of six 'Smart Sound' hearing aids, a handheld solar charger, rechargeable batteries, and proprietary patient fitting hardware and software.
|
 |
| Technology / Differentiation |
| WHO, Inc. is the only U.S. manufacturer with its own low-cost proprietary single IC semiconductor platforms, including the Hearing System on Chip, HSoC. Its seven prescription hearing aids facilitate personalization for multiple listening environments and enable comfortable and instant patient "self-fit" to over 85% of hearing loss cases. WHO, Inc. seeks to develop dedicated service channels in pharmacies, vision care centers and walk-in clinics through its licensed mobile platforms.
|
 |
| Market / Customers |
Hearing loss is the second largest and fastest growing disability, affecting 32 million in the U.S. and 500 million people worldwide. In 2006, over 95% of the U.S. hearing impaired population-or 25 million-was left untreated. At $1500/patient (30% of current prices), the U.S. market represents a $40 billion opportunity.
|
 |
| Status |
| The company has received FDA approval for its hearing aids, holds inventories and is generating revenue. It has raised $650,000 via convertible debt offering and announced that it would begin series A offering in Q1 2008 to launch its mobile clinics in California.
|
 |
|
|
|
|