Steve Couchman, CEO ofWarwick Audio Technologies, Gordon McIntosh, Cisco and Lord Stafford Awards judge, Mark Thompson, marketing director.
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A Warwickshire company pioneering the design of revolutionary
ultra-thin and lightweight loudspeakers is hoping to amplify its
success after being shortlisted for honours in the prestigious Lord
Stafford Awards.
Warwick Audio Technologies, based at the University of Warwick
Science Park in Coventry, is at the forefront of Thin-Film Speaker
technology and its work has seen it nominated in the Achievement
Through Innovation category of the awards.
The technology, developed in collaboration with the University of
Warwick, is an entirely new way of projecting sound.
The ultra-thin and highly directional loudspeakers are set to
redefine the way sound is applied and incorporated across many
industries. At less than 0.25mm thick, the core technology is
thinner than any other flat panel speaker currently available and
can be made in virtually any shape or size, from a few square
centimetres to several square metres in area.
Steve Couchman, Warwick Audio Technologies’ Chief Executive,
said: “The Flat Flexible Loudspeakers (FFL) offer significant
benefits to the Public Address, Audio-Visual and Hi-Fi markets and
we are currently in talks with well over 100 top companies with a
view to working with them.”
Businesses in the electronics, aerospace, automotive, engineering
and entertainment sectors are also speaking to the company with a
view to improving their own products and services.
“Aircraft companies are very interested because of the
weight-saving benefits of the FFL. When you think that there can be
hundreds of speakers on board a conventional aircraft that can add
up to a lot of weight. Our system is more lightweight and therefore
has many benefits.”
“The ability of the FFL to provide directional sound means
the product will solve real problems and reduce noise pollution
emanating from PA systems near residential housing, for example,
near to rail stations. With this in mind, one of the organisations
we are talking to is London Underground which is having a problem
where overground public addresses overspill into the
environment,” said Steve.
But as well as saving weight, FFLs are also more energy efficient
than traditional loudspeakers and work off of just 200
milliwatts.
The FFL speakers will be able to be mounted inside places where
audio has not been heard before or to give an improved sound
ambiance.
Other applications could see the speakers used in the headlining of
vehicles; in public spaces as PA speakers for flat and column
surfaces; in board rooms and auditoriums to give more evenly
distributed sound and in digital signage and point of sale
displays, exhibits and advertising posters to provide smart audio
messages.
The company’s vision is to be the leading supplier of thin
film sound panels in a market that analysts are predicting to grow
to US $4.2billion in 2010. Warwick Audio will target sectors in
this market, estimated to be worth $1billion.
Collaboration has been an important part of the project with the
company receiving help not just from the University of Warwick and
the associated Science Park but from UK design and manufacturing
companies, Connect Midlands, the non-profit network that assists
technology companies and Government organisations such as the
Manufacturing Advisory Service – West Midlands.
The loudspeakers were launched to market in April and quickly
received acclaim.
“Collectively, we dealt with hundreds of enquiries ranging
from potential customers, many wanting to buy the product off the
shelf, through to news agencies, design companies, amplifier
manufacturers and consultants,” said Steve.
At the moment there are just four employees but the business plan
envisages this increasing rapidly over the next five years as the
product is developed. It is anticipated there could be 45 employees
by then and the company is aiming for a £30 million turnover.
Since April it has generated a turnover of £10,000 but has
recently attracted £1.5 million of investment to allow it to
develop the business.
Collaboration with the University of Warwick has been crucial to
the development of the technology and also to the success of
Warwick Audio. The university, in the early days, assisted the
Company by patenting the technology but this has since been fully
assigned to the Company and the Company has built on this
intellectual property with a further patent.
“Winning the award would be amazing and it would be fitting
recognition of all the hard work put in by everyone. It would also
legitimise the business in the eyes of investors and help us to
network with other companies,” said Steve.
Lord Stafford, Patron of the Awards, said: “I think everybody
can see the benefits of technology like this, not only in the home
but in public places as well.
“The collaboration with the University of Warwick has clearly
been key to the success of this product which is exactly the reason
the Lord Stafford Awards exists.”
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