InnerScope Hearing Technologies (OTC:
INND) Receives Walmart Purchase Orders of $277,000+ for In-Store
Product Sales
ROSEVILLE, CA -- December 8, 2021 --
InvestorsHub NewsWire -- InnerScope Hearing Technologies
Inc. (OTC:
INND) ("InnerScope"), an emerging and disruptive leader in the
Direct-to-Consumer Hearing Technology space, is pleased to announce
today its wholly-owned subsidiary, HearingAssist, Walmart's largest direct-ship and
wholesale hearing aid supplier, has received purchase orders from
Walmart totaling over $277,000 for its EZ-Hear Neckband Bluetooth
Hearing Amplifier for an in-store display to be located in 757
Walmart Stores.
HearingAssist has ramped up its
current production of the EZ-Hear Neckband Bluetooth Hearing
Amplifiers and its distribution to 757 Walmart stores in 5 states
(Texas, North Carolina, Tennessee, Colorado, and Arizona) to meet
the demand for in-store Walmart purchases. In addition,
HearingAssist is currently rolling out hearing aid product displays
to the 757 Walmart stores and expects to continue receiving and
fulfilling additional purchase orders for the EZ-Hear Neckband
Hearing Amplifiers.
The EZ-Hear Neckband Bluetooth Hearing
Amplifier ("EZ-Hear") is a fully rechargeable
Bluetooth hearing amplifier that combines hearing amplification
with easy-to-use hands-free calling with a smartphone and music
streaming. The EZ-HEAR is designed for every occasion with a strong
noise filtering feature, little to no feedback from amplification,
and is simple and easy-use with minimal buttons. The EZ-Hear has
modern features including, hands-free phone calls and streaming
your music via Bluetooth from any smartphone. Easily answer phone
calls or pause music with the touch of a button. This neckband has
a sleek modern design that provides all-day comfort due to its
lightweight design.
"With our recent
Acquisition of
HearingAssist, we are excited to continue to build
on the Walmart relationship with HearingAssist affordable hearing
products offered at Walmart in-store and on Walmart.com," said Mr.
Matthew Moore, president, and CEO of InnerScope. "We anticipate
HearingAssist's continued sales growth with Walmart starting in the
fourth quarter of 2021 as we execute our marketing plan.
Additionally, we believe the path and trajectory of these initial
Walmart purchase orders will put HearingAssist on track for a
banner year in 2022."
About InnerScope Hearing
Technologies, Inc. (OTC PINK: INND):
InnerScope Hearing Technologies Inc.
is a leading
Direct-to-Consumer (DTC) manufacturer and distributor of
FDA-registered hearing aids, hearing assistive devices, hearing
health-related products, and Personal Sound Amplifier Products
(PSAPs) ("Hearing Products") dedicated to addressing the global
demand for affordable hearing solutions. InnerScope's Hearing
Products and its business model break through the persistent
barriers that prevent access to effective hearing
solutions.
InnerScope's recent acquisition of iHear Medical
Inc., a
DTC cloud-based hearing solution provider, gives the Company access
to over 40 patents and an FDA-registered manufacturing and R&D
facility. In addition, InnerScope has acquired HearingAssist,
an established leader in
the direct-to-consumer hearing aid market with a customer base of
over 400,000. These acquisitions, combined with a partnership
with Atlazo Inc., a semiconductor innovator for
next-generation AI smart devices, will allow InnerScope to take the
lead position in the direct-to-consumer hearing solutions market by
selling innovated proprietary advanced hearing products through
Walmart and other major Big Box retailers.
InnerScope's full line of Hearing
Health products is currently available through these multiple
retail/wholesale channels: Walmart.com, Amazon.com, Giant Eagle, Hy-Vee, Hartig Drug, Food City, and Cardinal Health dba RGH
Enterprises Inc., which provides products to FSAStore.com, HSAStore.com, and WellDeservedHealth.com.
Additional major
retailers in-store and online are launching soon.
For information related to InnerScope
Hearing Technologies latest hearing aids and related hearing
products, please visit:
http://iheardirect.com
http://hearingassist.com
For the most up-to-date information
about InnerScope Hearing Technologies (OTC:
INND), please visit and follow our official Twitter account
@inndstock page:
https://twitter.com/inndstock
InnerScope Hyperlinks:
HearingAssist
hearing assist - Walmart.com
The EZ-Hear Neckband Hearing
Amplifier
Acquisition of iHear Medical Inc.
Acquisition of HearingAssist
Direct-to-Consumer Hearing Products.
InnerScope's Hearing Health Flexible
Subscription Plans
Safe Harbor
This news release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended intended to be covered
by the "safe harbor" created by those sections. Any statements that
are not historical facts contained in this press release are also
"forward-looking statements," as that term is defined under the
Private Securities Litigation Reform Act of 1995 (PSLRA). Such
statements may be identified by words such as "expects," "plans,"
"projects," "will," "may," "anticipates," "believes," "should,"
"intends," "estimates," and other words of similar meaning. Such
forward-looking statements are based on current expectations,
involve known and unknown risks, a reliance on third parties for
information, transactions or orders that may be canceled, and other
factors that may cause our actual results, performance or
achievements, or developments in our industry, to differ materially
from the anticipated results, performance or achievements expressed
or implied by such forward-looking statements. Factors that could
cause actual results to differ materially from anticipated results
include risks and uncertainties related to the fluctuation of
global economic conditions, the performance of management and our
employees, our ability to obtain financing or maintain contractual
relationships with vendors and customers, competition, general
economic conditions and other factors that are detailed in our
periodic reports filed with the Securities and Exchange Commission
("S.E.C."). We intend that all forward-looking statements be
subject to the safe-harbor provisions of the PSLRA, Securities Act,
and Securities Exchange Act.
Contact:
InnerScope Hearing Technologies,
Inc.
Investor Relations
ir@innd.com
833-788-0506
www.innd.com
Investor Relations Agency Contact:
Skyline
Corporate Communications Group, LLC
Lisa Gray,
Senior Account Manager
One
Rockefeller Plaza, 11th Floor
New York,
NY 10020
Office:
(646) 893-5835
Email: lisa@skylineccg.com
For the most up-to-date information
about InnerScope Hearing Technologies (OTC: INND), please visit and
follow our official Twitter account @inndstock page.
Corporate Communications:
InvestorBrandNetwork
(IBN)
Los
Angeles, California
www.InvestorBrandNetwork.com
310.299.1717
Office
Editor@InvestorBrandNetwork.com
Wire Service Contact:
InvestorWire
(I.W.)
Los
Angeles, California
www.InvestorWire.com
212.418.1217
Office
Editor@InvestorWire.com
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