InnerScope Hearing
Technologies (OTC: INND) Launches HearingAssist
Brand Hearing Aids & Related Products on
BestBuy.com
InnerScope's Subsidiary
HearingAssist II Inc. Signs Vendor Agreement with Best Buy to Offer
Hearing Aids & Related Products sold in the US & Puerto
Rico Brick & Mortar Stores and on BestBuy.com
ROSEVILLE, CA -- April 19, 2022 --
InvestorsHub NewsWire -- InnerScope Hearing Technologies Inc.
(OTC:
INND) ("InnerScope"), an emerging and disruptive leader in the
Direct-to-Consumer ("DTC") Hearing Technology space, today
announced that its subsidiary HearingAssist II Inc. ("Hearing
Assist") had signed a wholesale vendor agreement (the "Agreement")
with Best Buy Co. Inc. ("BestBuy") to sell its HearingAssist
branded hearing aids and related ear care, hearing aid cleaning
products and hearing aid supplies ("HearingAssist Products") to be
sold in the US and Puerto Rico Best Buy brick and mortar stores and
on BestBuy.com. As a result of the Agreement, HearingAssist has
successfully launched some of its HearingAssist Products on
BestBuy.com.
Now available to Best Buy customers
on www.BestBuy.com
HearingAssist - America's #1
Affordable Hearing Brand
Please Click: BestBuy.com to access the complete HearingAssist
Products page.
"InnerScope continues to deliver
commercial success, partnering with major retailers to provide
affordable, high-quality hearing aid products for the
48 million Americans with hearing loss," stated Matthew
Moore, President, and CEO of InnerScope Hearing Technologies.
"HearingAssist's Agreement with BestBuy gives InnerScope another
large Big-Box retail chain for expanding its brand awareness and
market penetration. BestBuy is one of many retail distribution
channels that we have successfully partnered with ahead of
the Over-The-Counter (OTC) Hearing Aid
Law, which
is expected to be enacted in the next few months. Today's
announcement follows our other recent retail channel successes,
including RiteAid.com, Walmart, and Walmart.ca. Moreover, our acquisitions of iHear
Medical, with its team of biomedical engineers, FDA-registered
R&D facility, and 40+ hearing technology patents, and
HearingAssist, with its longstanding proven track record of selling
more direct-to-consumer hearing aids than all other competitors,
have allowed InnerScope to be well-positioned to become the
industry leader in the new emerging OTC/DTC hearing aid
market."
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, BestBuy.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
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.
About Best Buy Co. Inc.
(BBY):
A multinational retailer (NYSE: BBY)
sells both products and services through some 1,170 stores in the
US, Canada, and Mexico under the Best Buy, Best Buy Express, Best
Buy Mobile, Best Buy Health, CST, Geek Squad, GreatCall, Lively,
Magnolia, and Pacific Kitchen and Home Sales banners. Its stores
sell a variety of electronic gadgets and wearables, tablets,
movies, music, computers, mobile phones, and appliances. On the
services side, it offers installation and maintenance, delivery, design,
in-home consultations, memberships, protection plans, repair,
set-up, technical support, and health-related services.
Please visit us
at www.bestbuy.com
and
follow @BestBuy. #BBY $BBY
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.
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