InnerScope Hearing Technologies (OTCQB: INND) Reports Significant Increase in Total Sales
Execution of business strategy in conjunction with new sales channels responsible for record setting growth
ROSEVILLE, Calif., March 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- InnerScope Hearing Technologies Inc. (OTCQB: INND) a Manufacturer and Direct-to-Consumer ("DTC") Distributor/Retailer of FDA-Registered Hearing Aids, Personal Sound Amplifiers Products and Hearing Related Treatment Therapies, (“Hearing Products”) announced today that its Sales Rose 524% for the Month of January 2019. The increase reflects the revenue booked of $87,744 in January 2019 compared to $16,761 revenue booked in January 2018.
“InnerScope has created a solid foundation in its sales channels for Exponential Growth to continue to report record-setting sales numbers," said Matthew Moore, CEO InnerScope Hearing Technologies.
“We believe that January’s revenue is just the beginning and will be used as a baseline for InnerScope to continue its record-setting pace. We are confident and resolute the revenue will increase each month from InnerScope’s multiple DTC hearing aid sales channels, including Walmart.com coupled with the rollout plan of opening 25 corporate owned audiological hearing aid retail clinics by the end of 2019. We are also very excited about the launching of ValueHearingBenefits.com, a DTC Hearing Benefit website specifically designed for the thousands of membership organizations across the U.S. (represents tens of millions of people) that would like InnerScope’s Hearing Products as a benefit for their members,” 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.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 audiological and retail hearing device clinics. 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 Official Twitter account @inndstock Page. https://twitter.com/inndstock
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.
InnerScope Hearing Technologies, Inc.
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Released March 4, 2019