Augmentics Ltd
At Augmentics
we feel that it is
now time for the benefits of high technology to be made available to
the
disabled & elderly in society. Currently high tech equipment
seems to
be limited to hospitals, clinics and so on. Very few affordable high
tech
products appear to be available to end users and consumers.
Accordingly Augmentics, through its Technology arm, is currently working on the design & development of various end-user high tech devices for use by the elderly & disabled. The ultimate aim of this work is to benefit these sectors of the population whilst also making a financial return from product & IPR sales.
In the course of our market analysis, we have found that one of the very few applications of high tech in end-user medical device is the digital hearing aid market. However expansion of this market seems to be held back through often high retail pricing.
In our opinion the very high prices of hearing aids in the UK need to be reduced, so that more hard-of-hearing people can benefit from the excellent digital hearing aids which are now available. Accordingly we have made a commercial decision to address this market by providing probably the lowest cost digital hearing aid dispensing service in the UK (through our Blackminster Hearing Centre).
We feel that the experience - and revenue - which we will obtain from these retail operations may significantly benefit our more general long-term plans to develop & market a wide range of medical devices for the disabled & elderly markets.
In addition to our technology & medical interests, we are also reviewing business opportunities relating to the forthcoming global energy & other resource shortages.