Walmart.com becomes the leading direct to consumer hearing aid provider as its latest product expansion from InnerScope Hearing Technologies Inc. offers Affordable Rechargeable Hearing Aid


InnerScope, a direct ship vendor for Walmart.com, now offers Zounds high performance rechargeable and non-rechargeable hearing aids as part of its high-quality affordable hearing aid portfolio on Walmart.com.

ROSEVILLE, Calif., Oct. 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- InnerScope Hearing Technologies Inc. (OTCQB:INND) announced today the launch of Zounds high performance rechargeable and non-rechargeable hearing aids on Walmart.com as part of the manufacturing, design and marketing agreement that InnerScope announced earlier with Zounds Hearing, Inc. ("Zounds"). The Zounds product portfolio featured on Walmart.com includes the VIZARA, a 16-Channel Digital Rechargeable Hearing System ("VIZARA"), the PREZIA, a 16-Channel Premium Digital Hearing Aids ("PREZIA") and HEARING IN A BOX, an Advance Digital Technology Hearing Aid ("HB100") Receiver-In-Canal ("RIC") hearing aids models ("Zounds Products"). The VIZARA and the PREZIA are fully programmable and customizable hearing aids. InnerScope believes the VIZARA is the only rechargeable and fully customizable hearing aid offered on Walmart.com. InnerScope continues to lead the direct-to-consumer hearing aid revolution by offering consumers direct access to a broad line of state of the art devices through the world's largest retailer, Walmart's online store, Walmart.com.

All of Zounds Products are proprietary products of 52 U.S. Patents and are complimentary to InnerScope's existing product line already being offered on Walmart.com.

 The VIZARA is a Fully Digital Rechargeable System with 16-True Programmable Channels. Features include:

  • Global Energy Charging Station the convenience of hearing aid wearers from ever buying or changing batteries again. Zounds rechargeable batteries hold a 24-hour charge after eight hours in the charging station.
  • Empower Remote Control has four distinct programs, including: Dining Mode, Party Mode, Music Mode and Quiet Mode which enables hearing aid wearers to fine tune their listening experience, depending upon the changing environment. Bass, Treble and Volume settings are also adjustable.
  • Intuitive Noise Cancellation3 consists of three coordinated elements that eliminate up to 90% of unwanted background noise, without sacrificing or distorting the sound.
  • ClearSpeak the hearing aid provides spoken notification when the switching preset modes.
  • EnviroSenze Ultra the hearing aid automatically adapts itself to the changing auditory scene. It provides continuous automatic adjustments for optimized sound quality.
  • Greater Clarity Discreet Appearance Zounds receiver-in-canal (RIC) technology eliminates the distortion produced by old-fashioned tubes. The result is clarity, and a natural hearing experience, while maintaining a casual discreet appearance.

The PREZIA is a non-rechargeable Premium Digital Hearing Aid with 16-True Programmable Channels and includes all of the above features of the VIZARA, except with no rechargeable or remote control feature or capabilities.

The HEARING IN A BOX("HB100") is an Advance Digital Technology Hearing Aid. Features Include:

  • Four Program Presets to match the most common types of hearing loss single button control for ease of use.
  • Adaptive Noise Reduction patented technology eliminates up to 90% of unwanted background noise - without distorting sounds.
  • Receiver-in-Canal Technology The HB100 features a receiver-in-canal link that transmits sound from the hearing aid directly to the inner ear. More discreet in appearance than aids with the old style tubing.
  • Dual Microphones Each hearing aid features a pair of matched microphones that create greater sound quality, clarity and directionality of sound.

"Zounds is excited to bring state of the art digital hearing aids to Walmart.com," said Sam Thomasson, President and CEO of Zounds Hearing, Inc. "I created Zounds because I have a daughter who is hearing impaired and I was dissatisfied with the poor quality and the ridiculous price of hearing aids.  As an electrical engineer I made it my life's mission to create a better hearing aid at a price point that more people can afford.  52 patents later my vision has become a reality.  Zounds has made significant advances in fidelity, noise cancellation and comfort and I am proud to be making a difference in my daughter's life and the tens of thousands of Zounds customers across the United States."

"As a direct ship and wholesale vendor for Walmart.com, we are pleased to offer the Zounds high performance rechargeable and non-rechargeable affordable hearing aids to its millions of users," said Matthew Moore, CEO of InnerScope Hearing Technologies. "Walmart, the world's largest retailer, through Walmart.com and InnerScope can now offer its shoppers the affordable pricing they expect for hearing aids that utilize the latest, most effective technology available. InnerScope's strategic vision of consolidating and modernizing the hearing aid industry continues to rapidly and successfully improve the quality of life for the hearing impaired," Mr. Moore concluded. 

About InnerScope Hearing Technologies ("INND")

InnerScope Hearing Technologies (INND) is a rapidly expanding consolidator of the hearing aid industry in the United States. Management is applying decades of profitable industry experience and technology to an antiquated and disjointed industry, unlocking scale and efficiency, which will serve all of InnerScope's stakeholders. Its direct-to-consumer model is revolutionizing the industry with its Walmart.com relationship representing a paramount shift in the consumption of hearing aids to the hearing impaired.

In addition, InnerScope plans to continue to open, acquire, and operate a physical chain of audiological and retail hearing device clinics. InnerScope's mission is to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss across the entire hearing impaired vertical from R&D and manufacturing through direct consumer sales and services. For more information, please visit: www.innd.com

About Zounds Hearing Inc.

Zounds Hearing, Inc., founded in 2009, designs, manufactures and retails high-performance hearing aids for use with mild, moderate, severe, and profound hearing impairments. Headquartered in Chandler, Arizona, Zounds' technology enables breakthroughs in product, performance, selection and value. Zounds utilizes internally developed research and 52 exclusive patents. For more information, please visit ZoundsHearing.com

About Walmart.com

Wal-Mart.com USA, LLC, a wholly-owned subsidiary of Wal-Mart Stores, Inc. was founded in 2000 and is headquartered in Brisbane, California. The company offers online retail services and sells products in various categories within in the United States, APO/FPO military addresses, Samoa, Guam, Northern Mariana Islands, Puerto Rico, and Virgin Islands.

Safe Harbor

This presentation contains forward-looking statements, which relate to future events or InnerScope Hearing Technologies future performance or financial condition. Any statements that are not statements of historical fact (including statements containing the words "believes," "should," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as result of a number of factors, including those described from time to time in InnerScope Hearing Technologies filings with the Securities and Exchange Commission. InnerScope Hearing Technologies undertakes no duty to update any forward-looking statements made herein.

Contact

InnerScope Hearing Technologies, Inc. 
Investor Relations

Info@innd.com
916-218-4100
www.innd.com

VIZARA Rechargeable Hearing System on Walmart.com:

https://www.walmart.com/ip/Vizara-Hearing-Aid-System-by-Zounds-Pair/521796449

PREZIA Premium Digital Hearing Aid on Walmart.com:

https://www.walmart.com/ip/Prezia-Hearing-Aid-System-by-Zounds-Pair/408301034

HEARING IN A BOX("HB100") Advance Digital Technology Hearing Aid on Walmart.com:

https://www.walmart.com/ip/HB100-Hearing-Aid-Kit-Pair/399928890

www.ZoundsHearing.com

InnerScope Hearing Technologies on Walmart.com:

https://www.walmart.com/col/390425824