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NANOVEU LIMITED - Corporate Spotlight

Nanoveu Limited is an Australia-based technology company that deploys nanotechnology. The... Nanoveu Limited is an Australia-based technology company that deploys nanotechnology. The Company specializes in protective films and coatings. Its products include Nanoshield, Nanoshield Marine, Nanoshield Solar, EyeFly3D, Customskins and EyeFyx. Nanoshield is a film that uses a patented polymer of cuprous embedded film to self-disinfect surfaces. Its Nanoshield antiviral protection product is available in a variety of shapes and forms, from mobile screen covers to mobile phone cases and as a poly vinyl chloride commercial film. Nanoshield Marine prevents the accumulation and growth of aquatic organisms such as algae, barnacles and mussels on the hulls of ships, boats and other structures that are submerged in water. Nanoshield Solar solves an issue for solar panels, being reduction of power output from panel surface debris. EyeFly3D is a film applied to digital displays that allows users to experience three-dimensional without the need for glasses on everyday mobile handheld devices.More

Corporate Spotlight

We enhance your 3D entertainment viewing with our EyeFly3D™ product without the need for 3D glasses. EyeFly3D™ is a nano-imprinted screen protector for mobile devices that allow users to view 3D images, videos, and games on the go.
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OnMarket | Nanoveu Limited IPO | ASX: NVU

CEO UPDATE

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NANOVEU’S CEO UPDATE TO SHAREHOLDERS 

ASX Announcement 30 January 2019 


Dear Shareholders, 


I am pleased to communicate with you through this Letter to Shareholders of Nanoveu Limited (“Nanoveu”) (ASX: NVU).


INTRODUCTION 

Firstly, I would like to thank all shareholders for supporting our successful ASX Listing on 30 November 2018. 


Nanoveu raised the maximum amount under the offer of $6,000,000. Funds raised are being used for the: 


  • production and global launch of EyeFly3D™; and 
  • completion of the development of EyeFyx. 


Our immediate primary focus is production of EyeFly3D screens for current models of phones, rapid commercialisation and revenue generation.


BUSINESS MODEL 

Nanoveu is a technology company whose primary business is the development, distribution and licensing of its nanotechnology in vision applications for consumer devices. 


Nanoveu’s key product is EyeFly3D™, with EyeFyx currently being developed through adaptation of its existing technology.


EyeFly3D™ uses a combination of software (application) and hardware (screen protector) to offer real time, affordable and easy to use 3D rendering and 2D-to-3D instant conversion of videos and photos on smartphones and tablets – without the use of 3D glasses.


The EyeFyx product range is being developed to create the world’s first screen protectors for a smart device/tablet/laptop to correct farsightedness and presbyopia. Nanoveu intends to utilise its existing nanotech software technology to develop EyeFyx through our research collaboration with a researchintensive public university, Nanyang Technological University, Singapore. The Company retains exclusive, worldwide commercialisation rights to the EyeFyx product. See ASX release dated 14 December 2018.


ADDRESSABLE MARKET 

Nanoveu is initially servicing the global smart phone market. 


In 2015, global smartphone shipments amounted to around 1.43 billion units with global smartphone shipments projected to increase to 1.7 billion units by 2020 (Statista). 


In addition, Nanoveu also sees an opportunity for the EyeFyx technology to be developed for use in digital displays in vehicles and other instrumentation. This would allow someone suffering from hyperopia or 2/4 presbyopia to see their instrument panels and navigation displays more clearly without the need for eye glasses.


PATH TO MARKET 

Nanoveu is currently expanding its distribution channels using a dual retail and wholesale distribution strategy: 


  • Web based sales. 
  • Social media marketing. 
  • Distributors. 
  • White label/OEM customers. 


EyeFyx products will be added to the offerings of these channel partners once development has been completed. 


COMMENCEMENT OF SALES 

Sales have commenced through Nanoveu’s online channels plus through newly acquired distributors, with orders already being shipped to both US and UK markets.


Nanoveu has completed a scheduled production run of EyeFly glass screens for iPhone 6+, 7+, 8+ models, which commenced being shipped to new and existing channels in January 2019. We have also introduced our new line up for new iPhone models at the Consumer Electronics 2019 Show in Las Vegas (“CES 2019”) which was held from January 8th through 12th. These products were well received by both potential partners and distributors. We are progressing into production of these new models which will include the iPhone X/XS, iPhone XR, and iPhone XS Max. Coupled with a brand-new App, the new lineup creates additional monetization opportunities for Nanoveu. We anticipate shipping these products in March 2019.


OUTLOOK 

Nanoveu intends to focus immediately on achieving the following key milestones: 


  • Participating as an exhibitor at CES 2019, the world’s largest Consumer Electronics show in Las Vegas between 8 and 12 January. (completed) 
  • Introducing a suite of new products at the event for the new generation of iPhones including XS, XR and XS Max. (completed) 
  • Qualification of over 15-20 distributors from over 60 contacts at CES 2019 into North America, which includes Canada, United States and Mexico. 
  • Introduction of Amazon Launchpad in order to streamline fulfillment into US and Europe. 
  • Discussions with several large content owners and aggregators with the goal of offering a path to the monetization of their 3D content via EyeFly3D. 
  • Discussions with several gaming companies to look at displaying their Games in 3D. 
  • Expanding product lines to Android devices over Q2 2019 as digital display and phone manufacturers introduce new models and continuing to attend trade shows with a goal of generating additional distribution leads. 


Click here to view the full announcement

RESEARCH COLLABORATION

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NANOVEU SIGNS EYEFYX RESEARCH COLLABORATION AGREEMENT 

ASX Announcement 14 December 2018 


Nanoveu Limited (Nanoveu or the Company) (ASX: NVU) has signed a Research Collaboration Agreement (RCA) with Nanyang Technological University (NTU) for the development of EyeFyx, the Company’s vision correction product. 


Highlights: 

  • The project intends to utilise the Company’s nano-technology to develop the EyeFyx product range, which is intended to comprise the world’s first screen protectors which sit over a smart device/tablet/laptop to correct farsightedness and presbyopia. 
  • NTU research collaboration agreement is a key milestone for commencement of the EyeFyx development project. 
  • Nanoveu has exclusive, worldwide commercialisation rights to the EyeFyx products. 
  • All intellectual property (IP) created or developed shall be jointly owned. 
  • The project is expected to have a 24-month duration and is fully funded within the Company’s existing budget.


Resarch Collaboration Agreement with NTU: 

Nanoveu had previously secured in-principle funding of S$967,200 from the Singapore Government’s Industry Alignment Fund to collaborate with NTU on the EyeFyx project. This funding will be used to provide resources directly for the project under which Nanoveu will partner with NTU to develop EyeFyx. 


The S$967,200 grant is structured such that the Singapore Government will directly fund the cost of labour and equipment provided by NTU and cover the costs of certain operating expenses and overheads specified in the approved project budget.


Key Points of the RCA: 

  • All intellectual property (IP) created or developed shall be jointly owned; 
  • Nanoveu has exclusive, worldwide commercialisation rights; and 
  • Nanoveu has sole discretion to file IP protection applications.


EyeFyx Project Funding: 

Funding of the EyeFyx project over the next 24 months is as follows: 

  • NTU (Including Singapore Government Grant Funding) S$1,167,200 
  • Cash to be provided by Nanoveu S$783,840 

In addition, Nanoveu will provide the services of key staff to manage the project and to collaborate. The above funding structure has been included in the Company’s existing budgets and is expected to fully fund the research project for its 24 month duration.


Addressable Market and Sales Strategy: 

While it is expected that the EyeFyx technology could be incorporated into many digital devices ranging from phones to cash registers to Point-of-Sale displays and car displays, the initial focus will be on smartphones due to the large installed base world-wide. 


Nanoveu is currently expanding its distribution channels using a dual retail and wholesale distribution strategy. EyeFyx products will be added to the offerings of these channel partners.


About EyeFyx: 

Nanoveu intends to offer the world’s first, commercial, ground-breaking solution of applying a simple nanotech-based screen protector over a smart device/tablet/laptop that works with the appropriate software to correct anyone with farsightedness (hyperopia) and presbyopia.


People who experience hyperopia or presbyopia have a problem with focussing on near objects without any reading aid. The focus point lies effectively “behind” the retina which results in a blurred vision of the object. By manipulating the way pixels are distributed, EyeFyx can reconstruct a light field specifically for a user’s dioptre which results in a sharp displayed text.


Nanoveu has developed a technique that adjusts images displayed on a digital device to enable users with hyperopia or presbyopia to view digital content without needing to wear their reading glasses. The technique uses special embedded software and nano-imprint lens technology to render a clear image onto the retina, as opposed to correcting the user’s vision with glasses. This process is illustrated below.


People who experience hyperopia or presbyopia have a problem with focussing on near objects without any reading aid. The focus point lies effectively “behind” the retina which results in a blurred vision of the object. By manipulating the way pixels are distributed, EyeFyx can reconstruct a light field specifically for a user’s dioptre which results in a sharp displayed text.



Click here to view the full announcement

EYEFLY3D

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Transform your mobile device into a portable 3D screen


Enjoy immersive and exhilarating 3D videos and images on your phone. The EyeFly3D™ screen protector is embedded in microscopic lenses less than one-thousandth of a millimetre in size. Utilising an ultra-thin screen protector with high optical transparency, there is little to no impact in the 2D viewing.


Experience incredible 3D without the need for 3D glasses.

Nano-Technology

Wondering how EyeFly3D™ works? Using Nano-technology, thousands of nano lenses render any stereoscopic content – right in the palm of your hand. These nano lenses send a slightly different image to your left and right eye, to render your favourite content in eye-popping 3D.


Dedicated 3D Apps

Our dedicated EyeFly3D Pix, EyeFly3D Pix Pro, EyeFly3D Vid and EyeFly3D Vid Pro apps perfectly render 3D content for viewing on your device. TheEyeFly3D Pix and EyeFly3D Vid apps are free. The EyeFly3D Pix Pro and EyeFly3D Vid Pro apps can be purchased for a small fee of USD 0.99 each, these apps give you UNLIMITED 3D photo conversion and saves and UNLIMITED 3D video streaming. Download the Apps from the App Store and get started on exploring epic 3D images and videos.


EyeFly3D Pix Pro
EyeFly3D Vid Pro
EyeFly3D Pix
EyeFly3D Vid


CONVERT YOUR 2D PICTURES AND VIDEOS INTO 3D IN REAL-TIME

With just a click of a button, transform your original 2D content from your camera roll into 3D or have some fun turning your favourite 2D YouTube or viral videos into 3D.


GET YOUR FILL OF 3D ENTERTAINMENT

EyeFly3D takes full advantage of the explosion in available 3D entertainment, with in-app access to over tens of thousands of  YouTube videos.


SCREEN PROTECTION

Just like any other screen protector, EyeFly3D™ will protect your smart device screen against keys, coins and all things that might scratch it.


True glasses-free 3D – Throw away those bulky 3D glasses.

Powered by nanotechnology – The latest imprinting technology brings you the best immersive 3D viewing.

Screen protection – Protect your precious device.


www.nanoveu.com

ABOUT

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WHAT WE DO

We enhance your 3D entertainment viewing with our EyeFly3D™ product without the need for 3D glasses. EyeFly3D™ is a nano-imprinted screen protector for mobile devices that allow users to view 3D images, videos, and games on the go. The EyeFly3D™ screen protector is used in conjunction with its app that enables users to easily convert their 2D images and videos into 3D. The EyeFly3D Pix app provides users with a “one click 3D photo taking” feature for instant 3D photo images. In addition, users can use the “fun icon” feature, turning users’ photos into customised fun images and all 3D photos can be shared using users’ mobile phone via Facebook, Whatsapp, WeChat, Viber, Messenger and email. The EyeFly3D Vid app enables users to view pre-loaded 3D videos. Dropbox has been integrated into the EyeFly3D Vid app, allowing users to stream their Cloud stored videos in 3D.


MANAGEMENT TEAM

The management team members perfectly complement each. Headed by Nanoveu’s CEO, Alfred Chong, Nanoveu and its strong stakeholder collaboration, has cumulatively decades of experience in 3D imaging experience, nano-optical domain knowledge and have contributed to more than a dozen patent applications. With its necessary international experience and long-standing in-depth market expertise for the world-wide 3D market, the team in Nanoveu and its collaborators, have successfully manufactured and marketed a range of EyeFly3D products.



ALFRED CHONG




DAVID SYMONS




TATSUO SHIRAHAMA



MICHAEL VAN UFFELEN




PRODUCTS

EyeFly3D is the world’s first award winning glasses- free 3D screen protector that delivers distortion free 2D/3D videos and photos on your device. We know how much 3D content is available but we wanted to take things a step further and let you be in control of your 3D experience. Our new app allows you to easily turn your 2D videos into 3D. This is our game changer. This is what our community has been waiting for. Our team of Singapore based scientists and researchers have taken the most complex information and simplified it to a simple film screen protector and app. That’s all it takes to bring immersive 3D to your iPhone. This is a breakthrough in 3D technology. Get on board and start viewing your life in 3D.


www.nanoveu.com

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