InnerScope Hearing Technologies (OTCQB: INND) Successfully Opens 11 Hearing Aid Retail Clinics
June 26 2019 - 08:00AM
InvestorsHub NewsWire
InnerScope Hearing Technologies (OTCQB:
INND) Successfully Opens 11 Hearing Aid Retail
Clinics
InnerScope Further Demonstrates
Execution to Increase its Retail Footprint within Northern
California in 2019 by Ultimately Opening 25 Audiological
Hearing Aid Retail Clinics to Augment its Continued
Distribution Partnerships with
ROSEVILLE, CA. --
June 26, 2019 -- InvestorsHub NewsWire -- InnerScope Hearing
Technologies Inc. (OTCQB:
INND) ("InnerScope") a manufacturer and Direct-to-Consumer
("DTC") distributor/retailer of FDA-Registered Hearing Aids,
Personal Sound Amplifiers Products,
("Hearing
Products") Hearing Related
Treatment Therapies, Doctor-Formulated
Dietary Hearing Supplements and proprietary CBD Oil ("Hearing
Health Products") (collectively "Hearing Product
Portfolio"), announced it has
successfully opened its 11th
Audiological Hearing
Aid Retail Clinic under its dba
Value Audiology & Hearing Aid Center
brand
("Retail Clinics") with today's "Grand
Opening" of its newest Retail Clinic located in South Sacramento,
California.
InnerScope, based on its previously announced Expansion "Rollout Plan"
of
opening new Retail Clinics, continues to be on track to open its 25
Retail Clinics by the
end of 2019.
InnerScope believes
its long-term strategy for increasing its market share and
establishing a large stake in the estimated $10 billion dollar
hearing aid industry is to be the leader in delivering new
innovation in affordable hearing
healthcare and hearing aid technology to the estimated 48 million
hearing impaired people in the United States. This includes being
well positioned in all aspects in retail and wholesale distribution
sales models with its Hearing Product Portfolio. Whether it's
selling its Hearing Product Portfolio Direct-to-Consumer ("DTC")
through eCommerce websites or through InnerScope's owned Retail
Clinics or through Business-to-Business ("B2B") to the estimated
15,000 U.S. audiological retail clinics, InnerScope's sales
strategy is to participate in
all
forms of sales
models.
By
executing its long-term strategy, InnerScope's has successfully
partnered with many companies that wanted to help deliver
affordable DTC Hearing Products and Hearing Healthcare
Products to its customers,
such as Walmart.com Sears.com
and Kmart.com,
and plans
continue to partner with more major "Big Box"
retailers and Pharmacies chains. InnerScope also has developed
long-term Technology Partnerships Agreements with many other
companies to developed new innovated Hearing Products and Hearing
Health Products, such as the case with
Zounds Hearing Inc., Erchonia Corporation
and Advantego
Corporation.
"InnerScope is exactly on track to successfully execute its
Expansion "Rollout Plan" for 2019, by opening new
25 Retail
Clinics" said Matthew
Moore, CEO of InnerScope Hearing
Technologies. "As we look
forward beyond 2019, InnerScope will continue its
Expansion "Rollout Plan" of strategically opening new Retail
Clinics in California and throughout the Pacific North
West."
"We are expecting a minimum annual sales run-rate to exceed $12
Million Dollars by the end of 2019 from just the
25 Retail Clinics. InnerScope's Retail Clinics in
conjunction with Walmart.com, Sears.com
and Kmart.com
as well as its technology partners to include new strategic
partnerships soon to be announced, will allow InnerScope to
play a major role by being the leader delivering
affordable hearing healthcare in this country and throughout
the world," concluded Mr.
Moore.
About InnerScope Hearing Technologies
InnerScope Hearing
Technologies (OTCQB:
INND) is a rapidly expanding
consolidator of the hearing aid industry. Management is applying
decades of profitable industry experience and technology to an
antiquated and
disjointed industry, unlocking scale and efficiency, which will
serve all of InnerScope's
stakeholders. Its direct-to-consumer model is revolutionizing the
industry with its Walmart.com, Sears.com
and
Kmart.com
relationship
representing a paramount shift in the consumption of hearing aids
by the hearing impaired.
In
addition, InnerScope
plans
to continue to open,
acquire,
and operate
a
physical
chain
of clinicsaid
audiological and
retail hearing . InnerScope's
mission
is to serve approximately
1.2 billion people around the globe that are
suffering with 25db or greater hearing
loss across the
entire
hearing impaired vertical from R&D and manufacturing through
direct consumer sales and services. For more information,
please visit: www.innd.com. For
the Most
Up-to-Date information about InnerScope Hearing
Technologies (OTCQB:
INND), please visit and follow our Official Twitter account
@inndstock Page. https://twitter.com/inndstock
Safe Harbor
This
presentation contains forward-looking statements, which relate to
future events or
InnerScope Hearing Technologies future performance or financial
condition. Any statements that are not statements of historical
fact (including statements containing the words "believes,"
"should," "plans," "anticipates," "expects,"
"estimates" and similar
expressions) should also be considered to be forward-looking
statements. These forward-looking statements are not guarantees of
future performance, condition or results and involve a number of
risks and uncertainties. Actual results may differ materially from
those in the forward-looking statements as result of a number of
factors, including those described from time to time in InnerScope
Hearing Technologies filings with the Securities and Exchange
Commission. InnerScope Hearing Technologies undertakes no duty
to update any forward-looking statements made herein.
Contact
InnerScope Hearing
Technologies,
Inc.
Investor
Relations
Info@innd.com
916-218-4100
www.innd.com
Walmart.com
Sears.com
Kmart.com
Value Audiology & Hearing Aid
Center
Expansion "Rollout
Plan"
Zounds Hearing Inc
Erchonia Corporation
Advantego Corporation
For the Most
Up-to-Date information about InnerScope Hearing Technologies
(OTCQB:
INND), please visit and follow our
Official Twitter account @inndstock Page.
https://twitter.com/inndstock
Innerscope Hearing Techn... (PK) (USOTC:INND)
Historical Stock Chart
From Feb 2024 to Mar 2024
Innerscope Hearing Techn... (PK) (USOTC:INND)
Historical Stock Chart
From Mar 2023 to Mar 2024