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Posted On: 02/12/2019 8:22:10 AM
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$INND ROSEVILLE, Calif., Feb. 12, 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, ("Hearing Products" announced today that its Quarterly Sales Rose 281% in the quarter ending December 31, 2018 ("Q4". This increase reflects the revenue booked in Q4 compared to the quarter ending September 30, 2018 ("Q3".
"Today's announcement of our record-setting sales growth is in part from InnerScope's vendor relationship with Walmart.com and the development of multiple Direct-to-Consumer hearing aid sales channels, including the launching several eCommerce DTC websites, as well as opening several corporate owned audiological hearing aid retail clinics," said Matthew Moore, CEO InnerScope Hearing Technologies. "Our national footprint has grown in the last quarter, in part by securing our manufacturing agreement with Zounds Hearing Inc. which played a major role for our record-setting sales by offering high quality patented hearing aids at 50% to 70% less than any of our competitors," continued Mr. Moore.
"Looking ahead to 2019, InnerScope plans on reporting record sales numbers throughout the year, beginning with first quarter of 2019. Given the scalable DTC infrastructure we put into place in 2018, InnerScope is setup to continue to innovate and deploy more Hearing Products through multiple DTC channels, including major Big Box Retailers to disrupt the current reported $9 billion-dollar hearing aid industry," concluded Mr. Moore.
distributor/retailer of FDA-Registered Hearing Aids, ("Hearing Products" announced today that its Quarterly Sales Rose 281% in the quarter ending December 31, 2018 ("Q4". This increase reflects the revenue booked in Q4 compared to the quarter ending September 30, 2018 ("Q3". "Today's announcement of our record-setting sales growth is in part from InnerScope's vendor relationship with Walmart.com and the development of multiple Direct-to-Consumer hearing aid sales channels, including the launching several eCommerce DTC websites, as well as opening several corporate owned audiological hearing aid retail clinics," said Matthew Moore, CEO InnerScope Hearing Technologies. "Our national footprint has grown in the last quarter, in part by securing our manufacturing agreement with Zounds Hearing Inc. which played a major role for our record-setting sales by offering high quality patented hearing aids at 50% to 70% less than any of our competitors," continued Mr. Moore.
"Looking ahead to 2019, InnerScope plans on reporting record sales numbers throughout the year, beginning with first quarter of 2019. Given the scalable DTC infrastructure we put into place in 2018, InnerScope is setup to continue to innovate and deploy more Hearing Products through multiple DTC channels, including major Big Box Retailers to disrupt the current reported $9 billion-dollar hearing aid industry," concluded Mr. Moore.
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