InnerScope Hearing
Technologies (OTC: INND) Launches HearingAssist
Brand of Hearing & Related Hearing Aid Care Products on
RiteAid.com
Rite Aid
Customers Can Now Purchase HearingAssist Branded Hearing and
Hearing Aid Related Products, Including the Highly
Popular Wireless Neckband TV Listener & Hearing
Amplifier
ROSEVILLE, CA -- March 29, 2022 --
InvestorsHub NewsWire -- InnerScope Hearing Technologies Inc.
(OTC:
INND) ("InnerScope"), an emerging and disruptive leader in the
Direct-to-Consumer Hearing Technology space, today announced that
its subsidiary HearingAssist has launched its branded hearing
products and related supplies on RiteAid.com. The initial launch included
HearingAssist's hearing aid care and assorted hearing aid
batteries, earwax removal ear spray, and a Wireless Neckband TV Listener Hearing
Amplifier ('HearingAssist
Products").
Please Click:
RiteAid.com to access the HearingAssist Hearing
Products page.
With the upcoming Over-The-Counter (OTC) Hearing Aid Law ("OTC
Hearing Aid Law") being pursued by U.S. Senators to be
enacted as soon as possible, which allows OTC approved hearing aids
to be sold without a prescription at pharmacies and big-box stores,
the management teams at HearingAssist and InnerScope have been
successfully forging relationships with major retailers and
pharmacy chains to help create a new hearing healthcare category
within each store. Additionally, these newly established hearing
healthcare categories have allowed InnerScope and HearingAssist,
ahead of the OTC Hearing Aid Law, to offer various hearing-related
products on multiple leading retailers' websites, including
Personal Sound Amplifier Products ("PSAPs") that were never offered
before.
Once the OTC Hearing Aid Law becomes
enacted, InnerScope and HearingAssist believe, with its current and
upcoming retailer vendor agreements, will be well-positioned to
rollout HearingAssist's and InnerScope's iHear brand of OTC hearing
aids for customers to purchase in-store at each of the retailers'
locations and online through the retailers' website.
"The management teams of
HearingAssist and InnerScope are proud to offer HearingAssist
Products for all Rite Aid customers," stated Matthew Moore,
President and CEO of InnerScope Hearing Technologies. "The launch
of HearingAssist Products on RiteAid.com increases InnerScope's and
HearingAssist's market penetration and brand recognition ahead of
the OTC Hearing Aid Law. In addition, the management teams of
InnerScope and HearingAssist have helped guide retailers to offer a
new hearing healthcare category, which has allowed us to be the
first (and in many cases) the only company to currently offer
hearing products and related hearing aid supplies on the retailers'
websites ahead of the OTC Hearing Aid Law (which includes for many
retailers InnerScope's in-store Self-Check Hearing Screening Kiosks & Online
Hearing Screening Check). When the OTC Hearing Aid Law
becomes enacted, InnerScope and HearingAssist, having already
established a distribution retailer network, will emerge as one of
the leading OTC hearing aid companies."
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 better
position itself in the direct-to-consumer hearing solutions market
by selling advanced hearing products through Walmart and other
major retailers.
InnerScope's full line of Hearing
Health products is currently available through these multiple
retail/wholesale channels: Walmart.com, Walmart Canada, RiteAid.com, Amazon.com, Giant Eagle, Hy-Vee, Hartig Drug, Food City, and Cardinal Health dba RGH
Enterprises Inc., which provides InnerScope products to
FSAStore.com, HSAStore.com, & WellDeservedHealth.com.
Additional in-store and
online through major retailers and pharmacy chains 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
http://innd.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
Acquisition of iHear Medical Inc.
Acquisition of HearingAssist
Self-Check Hearing Screening Kiosks
Direct-to-Consumer Hearing Products.
InnerScope's Hearing Health Flexible
Subscription Plans
About Rite Aid
Corporation:
As the trusted,
standard care connector, Rite Aid (NYSE: RAD) drives lower health
care costs through better coordination, stronger engagement, and
personalized services that help you achieve whole health for life.
We provide an array of whole-being health products and services for
the entire family through over 2,450 retail pharmacy locations
across 17 states. Through Elixir, we provide pharmacy benefits and
services to millions of members nationwide. For more
information, www.riteaid.com.
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. https://twitter.com/inndstock
