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Jun 14, 2016 4:19 EDT

Communication made easy: Thanks to the cleverly patented function, the Neckmike Headset can be used with any kind of communication device, such as a mobile phone, in all types of noisy situations

iCrowdNewswire - Jun 14, 2016

Neckmike – Communication made easy!



Elevator pitch

Today, plenty of people have to live and work in noisy environments. As a result, they find it hard to both hear and be heard when communicating through mobile devices, as well as risk damaging their hearing. The international, multi-patented Neckmike Headset has solved this problem. By combining a neckskin-microphone, placed on the user’s neck instead of in front of the mouth, with HiFi, in-ear headphones, we have developed a user-friendly product that’s already been bought by tens of thousands of customers.

Investor proposal

With our proven technology, market demand, and distribution channels we expect investments in Neckmike to generate high ROI within a few years.
We intend to soon finalize some major deals with international distributors and customers, such as Amazon and one of the world’s largest military organizations, inducing a compounded annual growth rate of 109% for 2015-2018. We also expect these partnerships to create shareholder exit opportunities in the form of a future acquisition.
For an amount of €220.000, we offer 10% of our shares at a share price of €22. The minimum investment is €220 and the maximum investment €110.000.


The problem this product solves

For most people, it’s not hard to recollect a moment when surrounding noise made it hard to hear and be heard over the mobile phone. For some, it’s the occasional call received in the loud office or restaurant, or when driving a convertible or motorcycle. For others, working in noisy surroundings like airports and factories, it’s an everyday problem.
Our idea formed when we some years ago sold communication headsets to be mounted inside helmets, and realized there is a large number of users that need a small headset for both soft and high noise environments, with or without helmets.

How the product solves it

Thanks to the user-friendly Neckmike Headset, the problem is solved!
The solution is a unique and thoroughly patented idea of combining noise-isolating In-Ear speakers with a neckband that also has the voice pick-up directly from the neckskin.


Product features

Thanks to the cleverly patented function the Neckmike Headset can be used with any kind of communication device, such as a mobile phone, in all types of noisy situations, from working in a loud factory, mowing lawn, driving a convertible car, a really noisy motorcycle, riding a bike in the wind, or just walking along a crowded noisy street without the person on the other side of the communication line even notices it.
One example of users today is the Swedish Airforce Rescue personnel, using the Neckmike while standing next to running jet engines.

Product use cases

The Neckmike headset improves noisy environment communication mainly in two ways:
  • Neckband with voice pick-up directly from the neckskin.
  • Hearing protecting In-Ear headphones (soon-to-be CE approved according to EN352-2 and EN 352-8).
Apart from the mobile phone market the Neckmike fits many kinds of communication devices. Two examples are:
  • Motorcycle bluetooth intercoms, that have already been sold in the millions all over the world with both normal and noise-neutralizing microphones.
  • Two-way radios for professionals like hunters, first responders, policemen, military personnel etc.


Target Market

Neckmike has a great market potential. Basically, we figure that where there’s a mobile device for voice communication, there’s a need for our product.
Although accurate market size estimations are hard to generate, some figures are worth mentioning:
  • More than 60% of the world population owns a mobile phone (Statista).
  • About a third of all Swedes work in environments requiring hearing protection. Corresponding to just the EU market, that represents some 66 million people (SCB).
  • There are 5,3 million motorcycles in the EU (Eurostat).

Competitive landscape

The types of headsets available on the global market are made in a traditional way, without any real solutions for problems with hearing through surrounding noise.
Neckmike’s patented ideas were challenged by a leading international company some years ago, claiming that the simplicity of our ideas should not be patentable. However, they were wrong and Neckmike won the fight!

Unique differentiator from competitors

Standard headset microphones pick up the user’s voice from the air, and is hence affected by surrounding sounds. However, the Neckmike microphone picks up the user’s voice directly from the neckskin. This method blocks out surrounding sounds in a very effective way.
In addition to the unique microphone, the Neckmike headset also provides hearing protection in the form of noise-isolating In-Ear headphones. These also let users enjoy music in HiFi quality.

Business Model

Company revenue streams

The revenues are exclusively derived from the sales of our physical products. During the development years we have been selling directly to end-users, in part to be able to capture the full profits, but also to be able to receive important feedback from our users first-hand.

Product/service distribution

During the development years the main sales channels have been our webshop and the dedicated tradeshows we participate in. As the development process of the new version of Neckmike has recently been finalized, it’s time to expand sales to distributors and retail chains in multiple countries.
Although the Neckmike is a cost-efficient product from the end user’s perspective, it generates high margins for both dealers and distributors. In part due to selectively chosen manufacturers ensuring world class quality and high quantity capacities.


Previous milestones/traction

  • Sold more than 18.000 Neckmike units to date
  • Revenue of 1,6, 4,7, and 2,3 MSEK, in 2013, 2014, and 2015, respectively (the 2014 jump was due to a giant one-time deal)
  • Has secured more than 10 patents in multiple countries for the Neckmike technology and functions
  • Amazon and one of the world’s largest military organizations both recently expressed interest in ordering large-scale quantities of the new Neckmike headset
  • A selection of client deals closed:
– The Swedish Airforce Rescue: www.fmv.se
– The Swedish Navy: www.fmv.se
– The Norwegian Sea Rescue: www.rs.no
– The French Training Center for Nuclear Firefighters: www.ifopse.fr

Next key objectives

In the near future, Neckmike’s main priorities will be explosive sales growth and product development:
  • Sales growth: We intend to gain volume by expanding sales to international distributors, retail chains, and telecom operators.
  • Product development: The list of potential product variations is a long one. In fact, the development process for many of them has already come a long way. Two examples close to market are the CE-approved hearing protection for mobile phones and Harley-Davidson original intercom systems.
  • Profitability: We expect to achieve a pre-tax profit margin of 23% in 2018.

Previous Financing

As of yet, we have not gathered any external funding. The main reason for this is that we have wanted to wait for the optimal moment to ramp up, and be able to maximize the potential use of new capital. The moment has finally arrived!


  • We have very helpful partners in technology development and manufacturing. One example is the large-scale factory in Thailand (revenue 2015 ~ Euro 195M), producing the new Neckmike model. In addition to high-quality manufacturing, they are generously opening up several new sales channels for us.
  • Our most demanding customers have proven to be some of the best partners. One example is the Swedish Defence Material Administration (www.fmv.se), as they have asked for Neckmike headsets to be developed specifically for their needs. Two likely new customers are Amazon and one of the world’s largest military organizations.

Industry Recognition

Industry Certification/Awards

  • Within some weeks from now we will have CE-approved hearing protection according to EN352-2 and EN 352-8, which will enable us to sell to professional industry users both in EU and the US.
  • Some years ago, we were nominated as a potential winner at Guldmobilgalan (the “Golden Mobile Phone” gala) for new innovative technology. We did not win, it was a Swedish LCD display maker that got the prize, but being chosen among quite a few contenders was a clear sign of market validation.

Use of Funds

The funds raised will be used both for product development and sales growth. Perhaps most importantly, they will enable more extensive sales efforts, including visiting and sharing samples with potential distributors in Scandinavia, EU, and the US.
Neckmike’s product has a big and growing market demand and is firmly patented in several markets. We have established relationships with big and reliable suppliers and customers, as well as international distributors that have been waiting patiently for the new Neckmike version to be ready for sales in their systems.



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Contact Information:

Bo Franzén

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