InnerScope Hearing Technologies (QTCQB: INND) Records 758% Sales Growth
April 10 2019 - 8:00AM
InvestorsHub NewsWire
InnerScope Hearing Technologies
(QTCQB:
INND) Records 758%
Sales Growth
InnerScope's continues to
disrupt $10 billion hearing aid industry
with consistent sales growth
numbers
ROSEVILLE, CA. --
April 10, 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
today that its quarterly Sales Rose
758% in the
quarter ending March 31, 2019 ("2019 Q1"). This
increase reflects the revenue booked in 2019 Q1 (unaudited)
compared to the same quarter ending March 31, 2018 ("2018
Q1").
"Within the last twelve months, we have invested heavily in
creating a very positive sales momentum with the development of new
hearing and hearing health related products to add to our Hearing
Product Portfolio," said Matthew
Moore, CEO InnerScope Hearing Technologies.
"The
steady increase in sales is the result of our investment strategy
to build multiple sales and product channels including
strategically opening new audiological & hearing aid retail
stores in large markets. This investment
strategy, together with building a scalable sales and distribution
platform has allowed InnerScope to open new markets creating more
brand recognition and a wider range of new customers. We are
excited that Walmart.com,
Sears.com,
and Kmart.com are among
InnerScope's "Big Box" store distribution partners.
Additionally,
InnerScope's strategy also includes growing its sales and
distribution platform by increasing the number of national and
international distribution partners. InnerScope, is proudly
disrupting the $10 billion (estimate) global hearing aid industry
by giving consumers DTC access to affordable High-Quality Hearing
and Hearing Health Products, which previously
could only
have
been purchased through
hearing healthcare professionals at much higher price points",
concluded Mr. Moore.
About InnerScope Hearing Technologies
("INND")
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 (NYSE:
WMT) 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
25 db
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
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
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