$IVDN News: Innovative Designs Sales Update PITTSBURGH,

New Post Public Reply Private Reply Replies (1) Message Board
Lee Adams
330
$IVDN News: Innovative Designs Sales Update

PITTSBURGH, PA- (NewMediaWire) - May 30, 2024 - Innovative Designs, Inc. (OTCQB: IVDN) continues its upward sales trend into the end of May 2024. Year-to-date sales have already surpassed FYE2023 by over 33% with 5 months remaining in FYE2024. The growth is attributed to a substantial increase in the number of new retailers that are now carrying the company's Insultex House Wrap®. As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap® as a convenient R-Value continuous insulation to a wall system.

Our notable growth in sales can be attributed to Built Link Solutions (Formerly Compound Construction) based in Grand Rapids, MI. Built Link Solutions is working to become the primary source for industry professionals, innovators, and stakeholders to discover, evaluate, and adopt the latest advancements in building materials, tools and technologies. Having curated a comprehensive national distribution network, they bring pioneering solutions like Insultex House Wrap® to market, propelling the evolution of the construction industry towards a future where innovation thrives, and buildings meet the needs of tomorrow. Since coming onboard, Built Link Solutions has:

Established a comprehensive national distribution network to service customers where they are when they need it.

Grown national awareness of product benefits and specifications through their dedicated sales agents and attendance at building industry trade shows across the country.

Conducted in-person sales training and online seminars to educate sales associates on Insultex House Wrap®.

Streamlined the sales process to deliver consistent and superior level service to customers of all sizes and needs.

Implemented volume pricing models and incentive discounts to meet the needs for scale and demand.

As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap® provides.

Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap® is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."

About Innovative Designs, Inc.

Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest, and warmest insulator in the market today. For more information, please visit:
http://www.idigear.comorhttp://www.insultexhousewrap.com.

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available athttp://www.sec.gov.

CONTACT:

Innovative Designs, Inc.

Joseph Riccelli, CEO

412-799-0350
joer@idigear.com

http://www.insultexhousewrap.com

Built Link Solutions

Randy Kimbler, Dir. Business Development

616-443-3200

RandyK@Builtlinksolutions.com


News Source: Innovative Designs Inc.

30.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: Innovative Designs Inc.
United States
ISIN: US45772B1061
EQS News ID: 1914679

Innovative Designs (IVDN) Stock Research Links

IVDN Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Agilyx ASA Secures EUR 14 Million for Strategic Growth Plan

Updated Category News Views 136

Agilyx ASA Enhances Liquidity with EUR 14 Million Bond Placement In a significant move to boost its liquidity and support its long-term strategic objectives, Agilyx ASA has successfully executed a bond tap issue, raising EUR 14 million through additional convertible bonds. This placement follows previous notices concerning the issuance of EUR 24 million in convertible...

Continue Reading
Understanding Legal Actions Against Flywire Corporation's Management

Updated Category News Views 178

Class Action Notice for Flywire Corporation Investors In recent developments, Robbins LLP has issued a reminder to investors regarding a class action lawsuit concerning Flywire Corporation (NASDAQ: FLYW). This action primarily affects stockholders who purchased or acquired shares of Flywire from a specified period. Flywire is a prominent payments-enablement and software...

Continue Reading
PharmaCorp to Raise C$15 Million in New Unit Offering

Updated Category News Views 102

PharmaCorp's Recent Public Offering Announcement PharmaCorp Rx Inc. (TSXV: PCRX) has revealed plans for a public offering aimed at raising C$15 million. This initiative looks to support the company's strategy of acquiring pharmacies and enhancing operations within the sector. This offering represents a significant opportunity for investors to participate in PharmaCorp's...

Continue Reading
Blue Moon Metals Finalizes Acquisitions and Announces New Leadership

Updated Category News Views 354

Recent Acquisitions by Blue Moon Metals Blue Moon Metals Inc. (TSXV: MOON) has successfully concluded its recent acquisitions involving Nussir ASA and Nye Sulitjelma Gruver AS. These strategic moves are expected to expand Blue Moon's operational footprint significantly, enhancing its portfolio in the mining sector. The acquisition has resulted in Blue Moon obtaining a...

Continue Reading
Celebrating Brad S. Snavely: Pinnacle Member in Agronomics

Updated Category News Views 115

Brad S. Snavely's Recognition as Pinnacle Professional Member Brad S. Snavely has been prominently featured as a Pinnacle Professional Member in The Inner Circle for his significant contributions to agronomics and innovations in sports turf. His work has led to changes that impact not only the industry but also communities across the nation. Impact on Agronomics and...

Continue Reading