Manufacturer of 2-Way Communication Device

The Company is a provider of the only two-way communication device worldwide that enables people who are deaf, hard of hearing, late deafened, or hearing but cannot speak, to communicate face-to-face with anyone who is hearing, in real-time, without the need for an interpreter, WiFi, or Internet. The Company is also the creator of the only app that provides the patented private, real-time text environment where two people can communicate in a split-screen mode at the same time.

Key Aspects
· With over 20 years of operating history, the Company has built a
reputable brand and established long-term relationships with B2B
customers in the healthcare, government, law enforcement, and
education sectors, as well as with people who are deaf, hard of
hearing, late deafened, and people who cannot speak
· The Company holds a Healthcare Quality Association on
Accreditation (HQAA) and Medicare Certification, enabling the
products to be purchased through Medicare and private insurance
in the Durable Medical Equipment (DME) market for up to 38
million Americans who are deaf, hard of hearing, late deafened,
and those who are hearing that can't speak
· The Company has developed and patented the "Method and
system for providing live real-time communication via text
between mobile user devices."
· The Company has grown at a compound annual growth rate (CAGR) of 16.9% from 2021 through 2024
· Financials as of 6/24
REF-BN000057680

Opportunities
· Penetrate new geographic regions outside of the U.S. by providing multi-lingual use on all products
· Improve on existing app infrastructure to expand user growth and increase revenue base
· Explore extended warranty contracts as an alternative revenue channel
· Expand into new demographics by developing a product version for individuals with additional communication disabilities, such as autism, blindness, voice disorders such as laryngitis, and those who have trouble speaking or hearing