IntriCon Completes Introduction of Advanced Digital Hearing Devices into Hearing Help Express' Product Line
June 22 2017 - 4:05PM
Business Wire
Company Comments on Recent Stock Price
Activity
IntriCon Corporation (NASDAQ: IIN), a designer,
developer, manufacturer and distributor of miniature and
micro-miniature body-worn devices, today announced that it has
completed phase one, as anticipated, of the introduction of its
advanced digital hearing devices into Hearing Help Express’ (HHE)
product line. IntriCon introduced its first digital hearing
device, the EarMate 4220, into the HHE portfolio in March 2017, and
just recently completed phase one of the digital offering by adding
the Apollo 6200, the Apollo 6310 and the Ranger 7610 digital
hearing aids.
“Digital hearing aids provide superior clarity and a better
listening experience over their analog counterparts,” said Mark S.
Gorder, president and chief executive officer of IntriCon. “Through
HHE we’re now able to offer a lower-priced alternative for
consumers to purchase technically advanced digital devices
directly—circumventing layers of costs associated with the
conventional hearing aid channel.”
Company Comments on Stock Price ActivityIntriCon also
announced today that it has received numerous inquiries regarding
market activity in the company’s stock. Management is unaware of
any reason IntriCon stock has experienced a recent price
decrease.
Said Gorder, “We’re committed to creating and cultivating a new
channel to deliver superior, outcomes-based affordable hearing
healthcare directly to consumers. We believe that this effort will
drive success for IntriCon and deliver value for our shareholders.
We continue to anticipate strong hearing health and medical
performance in the second quarter, and we look forward to reporting
our results in early August.”
About IntriCon CorporationHeadquartered in Arden Hills,
Minn., IntriCon Corporation designs, develops, manufactures and
distributes miniature and micro-miniature body-worn devices. These
advanced products help medical, health care and professional
communications companies meet the rising demand for smaller, more
intelligent and better connected devices. IntriCon has facilities
in the United States, Asia, the United Kingdom and Europe. The
company’s common stock trades under the symbol “IIN” on the NASDAQ
Global Market. For more information about IntriCon, visit
www.intricon.com.
Forward-Looking StatementsStatements made in this release
and in IntriCon’s other public filings and releases that are not
historical facts or that include forward-looking terminology are
“forward-looking statements” within the meaning of the Securities
Exchange Act of 1934, as amended. These forward-looking statements
may be affected by known and unknown risks, uncertainties and other
factors that are beyond IntriCon’s control, and may cause
IntriCon’s actual results, performance or achievements to differ
materially from the results, performance and achievements expressed
or implied in the forward-looking statements. These risks,
uncertainties and other factors are detailed from time to time in
the company’s filings with the Securities and Exchange Commission,
including the Annual Report on Form 10-K for the year ended
December 31, 2016. The company disclaims any intent or obligation
to publicly update or revise any forward-looking statements,
regardless of whether new information becomes available, future
developments occur or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170622006133/en/
At IntriCon:Scott Longval, CFO,
651-604-9526slongval@intricon.comorAt Padilla:Matt Sullivan,
612-455-1700matt.sullivan@padillaco.com
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