InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the over-the-counter (“OTC”) hearing technology space, has launched a new line of OTC rechargeable hearing aids. The new line is part of INND’s iHEAR brand, a platform that includes app-controlled devices featuring wireless audio streaming of music and hands-free phone calling. The U.S. Food and Drug Administration recently finalized regulations that allow hearing aids to be sold without a prescription, either online or in retails stores or pharmacy chains. Patients don’t need to see a medical or hearing professional. InnerScope’s announcement coincides with this significant move. The initial iHEAR OTC offering included InnerScope two model types and four levels of technology, which allow individuals choices based on their lifestyles and desired listening environments. The new line is a timely expansion that provides even more choices. “We designed these models and technology features in iHEAR’s new OTC hearing aids for all different or desired lifestyles and individual hearing needs,” said InnerScope Hearing Technologies president and CEO Matthew Moore in the press release. “For example, the Premium Technology is for someone often in challenging listening environments, i.e., parties, large gatherings and sporting events. The Advance Technology is for more moderate listening environments, i.e., restaurants, attending meetings, or religious services. The Essential Technology is for low-noise environments, i.e., family conversations around the dinner table. Our team of R&D engineers and our technology partners worldwide are continuing to develop new next-generation OTC hearing aids with voice-activated AI smart technology for the 48-plus million Americans who are reported to have untreated hearing loss but could never afford the high cost of traditional prescription hearing aids.”
To view the full press release, visit https://ibn.fm/OKYoX
About InnerScope Hearing Technologies Inc.
InnerScope is a manufacturer and distributor of OTC hearing aids, hearing aid accessories and hearing health-related 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 more than 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 more than 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(TM) at-Home, FSAStore.com, HSAStore.com and WellDeservedHealth.com. More in-store and online hearing products will soon launch with more major retailers and pharmacy chains. For more information, please visit www.INND.com.
NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND
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