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Mark Cuban Backed Startup ‘ChatableApps’ Launches World’s First Universal Hearing Aid

LONDON--(BUSINESS WIRE)--May 27, 2020--

ChatableApps has today launched the world’s first universal hearing aid, using neuroscience-led artificial intelligence to enable those suffering from hearing loss to hear one-to-one conversations clearly, using an everyday smartphone and a standard pair of earbuds.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200527005066/en/

Chatable Hearing Aid - affordable, ground breaking hearing aid that gives back conversation. Two simple sliders that boost voice volume and removes background noise. (Photo: Business Wire)

Hearing loss affects 37.5mn adults in the U.S.* and the World Health Organisation has stated that 466mn** people globally have ‘disabling hearing loss’, with this expected to reach 900mn by 2050. However, due to the high cost of traditional hearing aids and lack of inclusion in medical insurance many of those suffering are currently going untreated.

Serial entrepreneur Mark Cuban, who provided early investment in the technology, said: "Chatable is using AI to address growing health care inequality by providing an affordable hearing aid app that helps with conversation."

Founder and chief scientist at ChatableApps, Dr Andrew Simpson (PhD) - a pioneer of neuroscience-led AI - has devised a brand new way of thinking about AI which reverse engineers the neural processes of the hearing brain and implements them as AI. This gives you an AI on your phone that works like a brain to make conversation easy to hear. Essentially, sound goes in complicated and comes out simple.

"Putting an auditory cortex on a smartphone has been a dream for a long time. As far as I know this is the most advanced real-time AI that has ever gone on a phone” said Dr Simpson. “It’s been a long road, but our preclinical trials reveal something of a medical breakthrough: a hearing aid that doesn’t need hearing tests and going straight into the hands of people who can’t afford a hearing aid.”

The performance levels Dr Simpson’s approach achieves surpass those of a traditional hearing aid when it comes to one-to-one conversation. This was confirmed in pre-clinical trials where 86% reported that the ChatableApps universal hearing aid was better for conversation than their traditional hearing aid.

Despite the complex science and AI at work in the app, the user interface is simple. Once downloaded, the user simply moves two sliders up and down to find their desired balance. The volume boost slider enables clear and loud voice, while the background noise slider removes background noise, allowing users to hear conversations no matter where they are.

“Our unique ground-up AI makes our universal hearing aid the first app capable of addressing the global hearing epidemic.” Giles Tongue, ChatableApps CEO, commented. “Following successful preclinical trials we have decided to launch immediately due to urgent demand from audiologists to help people struggling because of Coronavirus. With many unable to lipread due to face masks or unable to visit a hearing clinic in an emergency, our app provides a lifeline that will help people communicate.”

The ChatableApps Universal Hearing Aid app is available to download now on iOS and Android. The app is free to access, with the option to subscribe to unlock maximum voice amplification and reduction of background noise. The full version is available for $12.99 /monthly, $79.99 /annual.

iOS: https://apps.apple.com/gb/app/chatable-hearing-aid/id1494968908
Android: https://play.google.com/store/apps/details?id=com.hearingaid.volumebooster&hl=en_GB

ENDS

About ChatableApps
ChatableApps are a group of intrepid technologists headquartered in London, UK, united behind the goal of using #AIforGOOD tackling the world’s biggest unaddressed accessibility problem: Global Hearing Epidemic. The company’s mission is to ‘make everyday conversation accessible to everyone, everywhere.’

Notes to editors
*figures taken from - https://www.nidcd.nih.gov/health/statistics/quick-statistics-hearing
**taken from the World Health Organisation’s ‘ Global estimates on prevalence of hearing loss ’ (2018)

In pre-clinical trials:

● 76% said conversation was easier because of our background noise slider, 15% in a life changing way

● 80% said conversation was easier because of our volume boost (and that was before we beefed it up), 15% in a life changing way.

● 86% reported app was better for conversation than their hearing aid.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200527005066/en/

CONTACT: ChatableApps media and press inquiries:

33Seconds

Sam Morgan or Ben Daish

[email protected]

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES TECHNOLOGY MOBILE/WIRELESS SOFTWARE CLINICAL TRIALS HARDWARE

SOURCE: ChatableApps

Copyright Business Wire 2020.

PUB: 05/27/2020 09:00 AM/DISC: 05/27/2020 09:01 AM

http://www.businesswire.com/news/home/20200527005066/en

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