Innovative Designs (IVDN) 0.7000 $IVDN
Innovative Designs 3rd Quarter Comp Sales Increase
Marketwired - Tue Aug 02, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - Aug 2, 2016) - Innovative Designs (OTCQB: IVDN) Inc. completed its 3rd quarter effective July 31, 2016, with significant comp sales increases for the months of May, June and July. Comp sales for the months of May and June both showed increases in excess of 50%. The month of July led all months with an increase of over 400%. The quarter showed an increase of over 200%. Innovative Designs CEO Joseph Riccelli commented, "Our third quarter numbers showed significant comp increases. Sales of our products skyrocketed in the month of July."
Innovative Designs Files Patent on Insultex Product
Marketwired - Fri Jun 03, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - Jun 3, 2016) - Innovative Designs Inc. (OTCQB: IVDN) has filed a patent relating to its Insultex product. This new patent, once approved, will provide the company with many more years of core product protection. Insultex insulating foam, whereby the cell structure remains closed but more crystalline, to insure better structural integrity, increased flexibility and superior memory. Moreover, it permits any and all gases from totally evacuating the closed cell structure in a short period of time.
Innovative Designs News
Marketwired - Wed May 11, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - May 11, 2016) - Innovative Designs Inc. (OTCQB: IVDN) has begun the permitting process necessary to begin domestic production of its Insultex™ insulation. Insultex™ is used in the production of both the IDIGear line of apparel and the Insultex House Wrap™.
Innovative Designs U.S. Production Update
Marketwired - Mon Dec 14, 12:24PM CST
Innovative Designs Inc. (OTCQB: IVDN) has received confirmation on the arrival of its Insultex(TM) manufacturing machine, the first of its kind on United States soil. The machine is scheduled to arrive in New York on December 26, 2015. Once it reaches its final destination, it will allow for domestic production of Innovative Designs' exclusive insulation Insultex(TM). Innovative Designs CEO Joseph Riccelli commented, "With the addition of distributors in the pipeline, having the machinery here will allow us to meet demands going forward. No longer will we be at the mercy of international freight lines carrying our insulation across the water."
Innovative Designs 4th Quarter Sales Comparable Sales Increase
Marketwired - Tue Nov 10, 10:06AM CST
Innovative Designs Inc. (OTCQB: IVDN) reports 4th quarter gross sales for 2015 show a comparable sales increase in excess of 70%. This increase is attributed to brisk sales of all products offered by the company. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "After calculating sales for our most recent 4th quarter, which ended October 31, 2015, we are pleased to announce a significant gross comp sales increase. Even going way back to 2012, this year's 4th quarter tops them all."
Innovative Designs Domestic Manufacturing Update
Marketwired - Wed Nov 04, 6:00AM CST
Innovative Designs Inc. (OTCQB: IVDN) Foreign assembly has been completed on machinery to produce Innovative Designs' insulation Insultex(TM). Shipping will occur within a few weeks. Upon arrival and set-up, Innovative Designs will begin domestic production of its Insultex(TM) insulation. Three major benefits that will occur are (1) The ability to now market and sell Insultex(TM) to Canadian accounts through the NAFTA Agreement, (2) Work with governmental contracts that specify products are required to be "Made in the U.S.A." and (3) Eliminate the high cost of shipping full containers into the United States. Innovative Designs CEO, Joseph Riccelli commented, "It's all positives when it came to making this decision. The production capabilities of the machine are amazing. We will never be caught in an Insultex(TM) shortage with the ability to react and produce at a moment's notice. Our Insultex House Wrap(TM) will now become price competitive outside of the U.S. market through the NAFTA agreement, eliminating the tariffs that currently exist."
Innovative Designs Shows Significant Comp Increase
Marketwired - Fri Oct 02, 6:00AM CDT
Innovative Designs Inc. (OTCQB: IVDN) 2015 September sales showed an approximate comparable sales increase of 76% over the same period in 2014. This increase was attributed to the continuing interest and sale of products across the country. These products have been labeled a "potential high impact seller" by a major chain that is currently selling the products. They will be featured in a video on that company's web site reaching countless numbers of viewers throughout the United States. Innovative Designs CEO Joseph Riccelli commented, "We are pleased with the comp increase we realized in September, but most of our excitement is focused on positive responses we are getting from our major accounts and their potential sales going forward."
Innovative Designs Expands Insultex House Wrap Representation
Marketwired - Thu Jul 23, 8:59AM CDT
Innovative Designs Inc. (OTCQB: IVDN) has added two more sales agencies to its ever-expanding list of representation. Southern Sales Team, located in Metairie, LA, will represent Insultex(TM) House Wrap products in and close to Louisiana. The sales agency has been in existence for over 16 years and currently represents a variety a well-known products to its list of accounts. Southern Sales Team President Herbie Rodriguez stated, "Insultex(TM) House Wrap looks to be the product of the future. We wanted to be the first agency onboard to represent the products in the southern tier of the U.S."
Innovative Designs to Begin Domestic Production of Insultex
Marketwired - Tue Jun 09, 11:42AM CDT
Innovative Designs, Inc. (OTCQB: IVDN) has reached an agreement in principle with its manufacturer to purchase both the machinery and propriety formula to begin domestic production of Insultex. Projections are that the machine will arrive in the United States within the next four months, with production to commence approximately two months after arrival. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "This agreement will allow us to meet the increased demand for Insultex products, eliminating the extensive time it takes to ship from an overseas manufacturer. I am pleased that through continued negotiations, this agreement was able to be reached. We will be proud to exclaim that Insultex is now made in the U.S.A."
Innovative Designs Comparable Sales Increase
Marketwired - Mon Apr 13, 6:00AM CDT
Innovative Designs Inc. (OTCQB: IVDN) continues to show a significant comp sales increase for the quarter ending April 30, 2015. (Feb-Mar-Apr). As of the day of this release, comp sales are over 300% as compared to the entire quarter of 2014. This increase can be attributed to the addition of the Insultex House Wrap line of products. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "With the addition of our house wrap products, we are no longer just a one dimensional company. The homebuilding season has begun and we are anticipating significant growth in the category. Historically, selling just the Arctic Armor line of winter apparel, our sales numbers would drop dramatically as summer approached. We are pleased to have now become a year-round company. Additional sales between now and the end of April will only inflate our numbers."
Insultex House Wrap Midwest Distributor Growth
Marketwired - Thu Apr 09, 6:01AM CDT
Innovative Designs Inc (OTCQB: IVDN) has received a second purchase order from its Midwest distributor, A-Team/Lindus Construction. The order is for a substantial amount of R-6 Insultex House Wrap. A-Team/Lindus Construction, through a distributor agreement, has exclusivity in the states of Wisconsin, Minnesota, Iowa and North Dakota. Joseph Riccelli, C.E.O. of Innovative Designs Inc, remarked, "We are extremely happy with the positive response we are seeing from our Midwest distributor. Interested contractors/home builders are beginning to realize the benefits of using our products."
Insultex House Wrap Products Now Available to National Home Builders
Marketwired - Wed Feb 18, 1:22PM CST
Innovative Designs Inc. (OTCQB: IVDN) is now able to supply national home builders with its new Insultex House Wrap. The lab, which Innovative Designs Inc. uses for its testing, has passed international accreditation which can now be documented on lab results. National home builders have been waiting for the lab accreditation since early spring and C.E.O. Joseph Riccelli stated, "This is a groundbreaking day for Innovative Designs Inc. and national home builders who have been requesting lab accreditation."
Insultex House Wrap Now Available to National Home Builders
eTeligis - Wed Feb 18, 6:00AM CST
PITTSBURGH, PA, United States, via ETELIGIS INC., 02/18/2015 - - Innovative Designs, Inc. (OTCQB: IVDN) is now able to supply national home builders with its new Insultex House Wrap. The lab, which Innovative Designs, Inc. uses for its testing, has passed international accreditation which can now be documented on lab results. National home builders have been waiting for the lab accreditation since early spring and C.E.O. Joseph Riccelli stated "This is a groundbreaking day for Innovative Designs Inc and national home builders who have been requesting lab accreditation."
Innovative Designs 3rd Quarter Comp Sales Increase
Marketwired - Tue Aug 02, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - Aug 2, 2016) - Innovative Designs (OTCQB: IVDN) Inc. completed its 3rd quarter effective July 31, 2016, with significant comp sales increases for the months of May, June and July. Comp sales for the months of May and June both showed increases in excess of 50%. The month of July led all months with an increase of over 400%. The quarter showed an increase of over 200%. Innovative Designs CEO Joseph Riccelli commented, "Our third quarter numbers showed significant comp increases. Sales of our products skyrocketed in the month of July."
Innovative Designs Files Patent on Insultex Product
Marketwired - Fri Jun 03, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - Jun 3, 2016) - Innovative Designs Inc. (OTCQB: IVDN) has filed a patent relating to its Insultex product. This new patent, once approved, will provide the company with many more years of core product protection. Insultex insulating foam, whereby the cell structure remains closed but more crystalline, to insure better structural integrity, increased flexibility and superior memory. Moreover, it permits any and all gases from totally evacuating the closed cell structure in a short period of time.
Innovative Designs News
Marketwired - Wed May 11, 6:00AM CDT
PITTSBURGH, PA--(Marketwired - May 11, 2016) - Innovative Designs Inc. (OTCQB: IVDN) has begun the permitting process necessary to begin domestic production of its Insultex™ insulation. Insultex™ is used in the production of both the IDIGear line of apparel and the Insultex House Wrap™.
Innovative Designs U.S. Production Update
Marketwired - Mon Dec 14, 12:24PM CST
Innovative Designs Inc. (OTCQB: IVDN) has received confirmation on the arrival of its Insultex(TM) manufacturing machine, the first of its kind on United States soil. The machine is scheduled to arrive in New York on December 26, 2015. Once it reaches its final destination, it will allow for domestic production of Innovative Designs' exclusive insulation Insultex(TM). Innovative Designs CEO Joseph Riccelli commented, "With the addition of distributors in the pipeline, having the machinery here will allow us to meet demands going forward. No longer will we be at the mercy of international freight lines carrying our insulation across the water."
Innovative Designs 4th Quarter Sales Comparable Sales Increase
Marketwired - Tue Nov 10, 10:06AM CST
Innovative Designs Inc. (OTCQB: IVDN) reports 4th quarter gross sales for 2015 show a comparable sales increase in excess of 70%. This increase is attributed to brisk sales of all products offered by the company. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "After calculating sales for our most recent 4th quarter, which ended October 31, 2015, we are pleased to announce a significant gross comp sales increase. Even going way back to 2012, this year's 4th quarter tops them all."
Innovative Designs Domestic Manufacturing Update
Marketwired - Wed Nov 04, 6:00AM CST
Innovative Designs Inc. (OTCQB: IVDN) Foreign assembly has been completed on machinery to produce Innovative Designs' insulation Insultex(TM). Shipping will occur within a few weeks. Upon arrival and set-up, Innovative Designs will begin domestic production of its Insultex(TM) insulation. Three major benefits that will occur are (1) The ability to now market and sell Insultex(TM) to Canadian accounts through the NAFTA Agreement, (2) Work with governmental contracts that specify products are required to be "Made in the U.S.A." and (3) Eliminate the high cost of shipping full containers into the United States. Innovative Designs CEO, Joseph Riccelli commented, "It's all positives when it came to making this decision. The production capabilities of the machine are amazing. We will never be caught in an Insultex(TM) shortage with the ability to react and produce at a moment's notice. Our Insultex House Wrap(TM) will now become price competitive outside of the U.S. market through the NAFTA agreement, eliminating the tariffs that currently exist."
Innovative Designs Shows Significant Comp Increase
Marketwired - Fri Oct 02, 6:00AM CDT
Innovative Designs Inc. (OTCQB: IVDN) 2015 September sales showed an approximate comparable sales increase of 76% over the same period in 2014. This increase was attributed to the continuing interest and sale of products across the country. These products have been labeled a "potential high impact seller" by a major chain that is currently selling the products. They will be featured in a video on that company's web site reaching countless numbers of viewers throughout the United States. Innovative Designs CEO Joseph Riccelli commented, "We are pleased with the comp increase we realized in September, but most of our excitement is focused on positive responses we are getting from our major accounts and their potential sales going forward."
Innovative Designs Expands Insultex House Wrap Representation
Marketwired - Thu Jul 23, 8:59AM CDT
Innovative Designs Inc. (OTCQB: IVDN) has added two more sales agencies to its ever-expanding list of representation. Southern Sales Team, located in Metairie, LA, will represent Insultex(TM) House Wrap products in and close to Louisiana. The sales agency has been in existence for over 16 years and currently represents a variety a well-known products to its list of accounts. Southern Sales Team President Herbie Rodriguez stated, "Insultex(TM) House Wrap looks to be the product of the future. We wanted to be the first agency onboard to represent the products in the southern tier of the U.S."
Innovative Designs to Begin Domestic Production of Insultex
Marketwired - Tue Jun 09, 11:42AM CDT
Innovative Designs, Inc. (OTCQB: IVDN) has reached an agreement in principle with its manufacturer to purchase both the machinery and propriety formula to begin domestic production of Insultex. Projections are that the machine will arrive in the United States within the next four months, with production to commence approximately two months after arrival. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "This agreement will allow us to meet the increased demand for Insultex products, eliminating the extensive time it takes to ship from an overseas manufacturer. I am pleased that through continued negotiations, this agreement was able to be reached. We will be proud to exclaim that Insultex is now made in the U.S.A."
Innovative Designs Comparable Sales Increase
Marketwired - Mon Apr 13, 6:00AM CDT
Innovative Designs Inc. (OTCQB: IVDN) continues to show a significant comp sales increase for the quarter ending April 30, 2015. (Feb-Mar-Apr). As of the day of this release, comp sales are over 300% as compared to the entire quarter of 2014. This increase can be attributed to the addition of the Insultex House Wrap line of products. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "With the addition of our house wrap products, we are no longer just a one dimensional company. The homebuilding season has begun and we are anticipating significant growth in the category. Historically, selling just the Arctic Armor line of winter apparel, our sales numbers would drop dramatically as summer approached. We are pleased to have now become a year-round company. Additional sales between now and the end of April will only inflate our numbers."
Insultex House Wrap Midwest Distributor Growth
Marketwired - Thu Apr 09, 6:01AM CDT
Innovative Designs Inc (OTCQB: IVDN) has received a second purchase order from its Midwest distributor, A-Team/Lindus Construction. The order is for a substantial amount of R-6 Insultex House Wrap. A-Team/Lindus Construction, through a distributor agreement, has exclusivity in the states of Wisconsin, Minnesota, Iowa and North Dakota. Joseph Riccelli, C.E.O. of Innovative Designs Inc, remarked, "We are extremely happy with the positive response we are seeing from our Midwest distributor. Interested contractors/home builders are beginning to realize the benefits of using our products."
Insultex House Wrap Products Now Available to National Home Builders
Marketwired - Wed Feb 18, 1:22PM CST
Innovative Designs Inc. (OTCQB: IVDN) is now able to supply national home builders with its new Insultex House Wrap. The lab, which Innovative Designs Inc. uses for its testing, has passed international accreditation which can now be documented on lab results. National home builders have been waiting for the lab accreditation since early spring and C.E.O. Joseph Riccelli stated, "This is a groundbreaking day for Innovative Designs Inc. and national home builders who have been requesting lab accreditation."
Insultex House Wrap Now Available to National Home Builders
eTeligis - Wed Feb 18, 6:00AM CST
PITTSBURGH, PA, United States, via ETELIGIS INC., 02/18/2015 - - Innovative Designs, Inc. (OTCQB: IVDN) is now able to supply national home builders with its new Insultex House Wrap. The lab, which Innovative Designs, Inc. uses for its testing, has passed international accreditation which can now be documented on lab results. National home builders have been waiting for the lab accreditation since early spring and C.E.O. Joseph Riccelli stated "This is a groundbreaking day for Innovative Designs Inc and national home builders who have been requesting lab accreditation."
