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Sydney based Ambertech who is listed on the ASX, appears to have failed to advise shareholders or the stock exchange, that they have recently lost two key consumer brands Marshall and
Urbanears to Melbourne based start-up Aqipa. The Company whose shares are currently trading at $0.200 have struggled to lift revenues in the consumer market with the loss of Marshall and
Urban ears set to impact revenues in their consumer division even further. Some observers claim that the two brands represent up to 20% of revenues in their consumer division and have been a
key contributor to profits. Back in February 2017 Ambertech reported that sales revenue was down 16.9% to $14,357,000 compared to revenues from this division of $17,284,000. EBIT was down
39.0% to $759,000 Vs $1,245,000 in the prior year. While their Lifestyle Entertainment group remained profitable due in part to the contributions made by Marshall and Urbanears, the Company
struggled to add new brands. They also claimed that orders from key retailers had slowed. Ambertech management said that they were “Unable to maintain the competitive advantage seen in the
previous corresponding period”. One of the key brands which the Company claimed had “continued to show performance improvement, with further successes expected in the second half of the
financial year” was Marshall who recently moved to launch several new products. Marshall recently released the Monitor Over Ear Bluetooth headphones with aptX. This technology allows one to
roam up to 10 metres away from the sound source, they also have 40mm dynamic drivers. These headphones also deliver 30+ hours of audio on a single charge. The Company claims that Monitor
Bluetooth’s ergonomic over-ear construction delivers superior noise isolation without the bulk, staying light on your ears through hours of listening. Black vinyl, brass accents and the
embossed Marshall script give Monitor Bluetooth an iconic look. A foldable design, heavy-duty cast metal hinges and a canvas carrying case provide extra protection for wherever the road
takes you. The headphones fold for travel, and come with a detachable 3.5mm audio cable for times when you want to use them wired. About Post Author David Richards David Richards has been
writing about technology for more than 30 years. A former Fleet Street journalist, he wrote the Award Winning Series on the Federated Ships Painters + Dockers Union for the Bulletin that led
to a Royal Commission. He is also a Logie Winner for Outstanding Contribution To TV Journalism with a story called The Werribee Affair. In 1997, he built the largest Australian technology
media company and prior to that the third largest PR company that became the foundation company for Ogilvy PR. Today he writes about technology and the impact on both business and consumers.