InnerScope Hearing
Technologies (OTC: INND) Launches Its iHEAR
Brand of OTC Hearing Aids on CVS.com
InnerScope
Launches its iHEAR Brand of Over-the-Counter Rechargeable Hearing
Aid Models with Bluetooth Wireless Smartphone Connection and Full
Audio Streaming on CVS.com.
ROSEVILLE, CA -- December
1, 2022 -- InvestorsHub NewsWire -- InnerScope
Hearing Technologies Inc. (OTC:
INND) ("InnerScope"), an emerging and disruptive leader in the
Over-the-Counter (OTC) Hearing Aid space today announced that it
has launched four models of iHEAR branded Over-the-Counter ("OTC")
Rechargeable Hearing Aids ("iHEAR OTC Rechargeable Hearing Aids")
on
CVS.com.
The launch of the iHEAR
OTC Hearing Aids on CVS.com provides InnerScope with a much broader
market penetration and distribution channel through CVS Health, the
largest U.S. pharmacy chain.
InnerScope's iHEAR OTC
Rechargeable Hearing Aids offers the latest hearing technology,
including models with Bluetooth wireless app-controlled technology
using a smartphone or tablet. In addition, two models provide full
audio streaming for hands-free phone calls, listening to music or
podcasts, and noise reduction with directional microphone
technology for better speech understanding in noisy environments.
All iHEAR's OTC Rechargeable Hearing Aids come with a pocket-size
charging unit that holds up to 3 to 4 charges, each lasting up to
18 to 24 hours* on a single charge (*without audio
streaming.)
Typically, hearing aids
with the same technology and features sold and fit by hearing
healthcare professionals in traditional clinics would cost between
$4,000 to $6,000 a pair or higher. However, since the
Food and
Drug Administration ("FDA") finalized the rule starting October 17,
2022, allowing OTC hearing aids to be sold online and in major
retail stores and pharmacy chains without a prescription or a need
to see a medical or hearing professional, CVS.com customers can now save
thousands of dollars. The iHEAR OTC Rechargeable Hearing
Aids are priced
between $499.99 to $999.99 for a pair and deliver the same hearing
experience satisfaction as the professionally fitted hearing
aids.
"The launch of iHEAR OTC
Rechargeable Hearing Aids on CVS.com significantly bolsters the
iHEAR brand and its market penetration," said Matthew Moore,
President and CEO of InnerScope Hearing Technologies.
"Additionally, with this launch on CVS.com, we believe InnerScope,
including its subsidiary, HearingAssist, currently has more
distribution channels with retail locations than any other OTC
hearing aid competitor," Moore continued.
"We are excited about
launching iHEAR OTC Rechargeable Hearing Aids on CVS.com. Offering
InnerScope's iHear brand gives the CVS.com customer a variety of
iHEAR OTC models designed for all lifestyles and individual hearing
needs, including the latest in hearing technology that features
Bluetooth wireless app-controlled with Full Audio Streaming using
any smartphone. Full Audio Streaming Hearing Aids give the user the
ability to hear conversations clearly on the phone, streaming to
both hearing aids as well as listening to music and podcasts. In
addition, we are proud to offer two models with Full Audio
Streaming Hearing Aids. Normally, hearing aids with Full Audio
Streaming capabilities would be five to ten times more expensive.
However, we believe InnerScope is the only OTC hearing aid company
to offer Full Audio Streaming technology starting at $699.99,"
concluded Mr. Moore.
iHEAR OTC Rechargeable
Hearing Aids have three app-controlled models through the
"myiHEAR"
app that offer instant fine-tuning adjustments in any listening
environment for a better hearing experience. The myiHEAR app can be
downloaded by visiting
myiHEAR on the App Store
(apple.com) or
myiHEAR - Apps on Google Play.
Four Models of iHEAR OTC Rechargeable Hearing Aids are offered on
CVS.com:
Please
Click on the Links for More Info:
Please Click the Link to access the complete page with all
four iHEAR OTC Rechargeable Hearing Aids models:
https://www.cvs.com/shop/brand-shop/i/ihear
About
CVS Health® is
the leading health solutions company, delivering care like no one
else can. We reach more people and improve the health of
communities across America through our local presence, digital
channels and over 300,000 dedicated colleagues – including more
than 40,000 physicians, pharmacists, nurses and nurse
practitioners. Wherever and whenever people need us, we help them
with their health – whether that's managing chronic diseases,
staying compliant with their medications or accessing affordable
health and wellness services in the most convenient ways. We help
people navigate the health care system – and their personal health
care – by improving access, lowering costs and being a trusted
partner for every meaningful moment of health. And we do it all
with heart, each and every day. Follow @CVSHealth on social
media.
About InnerScope Hearing Technologies, Inc.
(OTC PINK: $INND):
InnerScope Hearing Technologies Inc. is a manufacturer and distributor of
OTC Hearing Aids, Hearing Aid Accessories & Hearing
Health-Related Products ("Hearing Products") dedicated to
addressing the global demand for affordable hearing solutions.
InnerScope's Hearing Products and its B2C and B2B business model
break through the persistent barriers that prevent access to
effective and affordable hearing solutions.
InnerScope's
recent
acquisition of iHear Medical Inc.,
a Direct-to-Consumer
("DTC") cloud-based hearing solution provider, gives the Company
access to over 40 patents and an R&D facility. In addition,
InnerScope has
acquired HearingAssist,
an established leader
since 2008 in the DTC 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 OTC hearing aid market by selling
advanced Hearing Products through Walmart and many other major
retailers and pharmacy chains.
InnerScope's full line of
Hearing Products is currently available through these multiple
retail/wholesale distribution channels:
Walmart Vision Centers,
Walmart.com,
Walmart Canada,
RiteAid.com,
BestBuy.com,
Amazon.com,
Fingerhut.com,
Giant Eagle,
Hy-Vee,
Hartig Drug,
Food City,
Cardinal Health™ at-Home,
Carewell.com
FSAStore.com,
HSAStore.com,
WellDeservedHealth.com,
and
Topco Associates representing 1000's of stores. Coming
soon:
Wakefern Food Corp. / ShopRite,
SpartanNash /
VG's Grocery / Family
Fare /
Martin's Super Markets.
More in-store and online
Hearing Products will be launching soon with major retailers and
pharmacy chains.
For information related
to InnerScope Hearing Technologies' latest hearing aids and related
hearing products, please visit:
http://iheardirect.com
http://hearingassist.com
http://innd.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
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 cancelled, 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 ("SEC"). 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
