InnerScope Hearing Technologies (OTC: INND) Announces its HearingAssist Brand of OTC Hearing Aids on RiteAid.com

InnerScope's subsidiary HearingAssist Launches its Complete Line of FDA-Registered Over-the-Counter Rechargeable Hearing Aids, Including Full Audio Streaming Models and Assorted Hearing and Hearing Aid Related Supplies on RiteAid.com


Roseville, CA, Nov. 22, 2022 (GLOBE NEWSWIRE) -- InnerScope Hearing Technologies Inc. (OTC: INND) ("InnerScope"), an emerging and disruptive leader in the Over-the-Counter (OTC) Hearing space, announced today that its subsidiary HearingAssist Americas's #1 Affordable OTC Hearing Brand has launched a complete line of FDA-Registered Over-the-Counter ("OTC") Rechargeable Hearing Aids ("HearingAssist OTC Hearing Aids") and assorted hearing and hearing related supplies on RiteAid.com.

Rite Aid is now offering HearingAssist OTC Hearing Aids that adults can buy directly without visiting a hearing health professional and paying $5,000 or more. HearingAssist OTC Hearing Aids are quality hearing aids for a fraction of the price, ranging from $499.99 to $799.99 for a pair, complete with a pocket-size charging unit that holds up to 3 to 4 charges (each charge lasts up to 18 to 24 hours). Rite Aid offers Shop now. Pay later. Those that qualify can break up the payments into four interest-free installments, or HearingAssist OTC Hearing Aids are FSA or HSA eligible and can be purchased on RiteAid.com using an FSA or HSA card.

HearingAssist OTC Hearing Aids have several models that offer the user the latest hearing technology, including Bluetooth wireless app-controlled technology using a smartphone or tablet, full audio streaming for listening to music or podcasts, and hands-free phone calls, noise reduction and directional microphone technology for better speech understanding in noisy environments. The user can download HearingAssist STREAM on the App Store (apple.com) or HearingAssist STREAM - Apps on Google Play and make fine-tune adjustments instantly in any listening environment for a better hearing experience.

HearingAssist complete line of OTC Hearing Aids offered on RiteAid.com:

Please Click: Search results for: 'otc hearing aids" data-rfkid="rfkid_6' (riteaid.com) to access the page with all HearingAssist OTC Hearing Aids.

"We are proud to offer HearingAssist OTC Hearing Aids on RiteAid.com," stated Matthew Moore, President, and CEO of InnerScope Hearing Technologies. "HearingAssist's OTC Hearing Aids are the highest quality and most affordable OTC hearing aids on the market today. HearingAssist's OTC Hearing Aids, with its Bluetooth app-controlled wireless technology, convenient rechargeable design, and hearing technology enriched features, is priced several thousand dollars less compared to the same features and technology found in hearing aids sold by hearing professionals. Rite Aid customers can improve their hearing without a medical exam, prescription, and enormous bill. But more importantly, they can buy with confidence since HearingAssist OTC Hearing Aids are regulated as medical devices by the U.S. Food and Drug Administration."

About Rite Aid Corporation:

Rite Aid is a full-service pharmacy that improves health outcomes. Rite Aid is defining the modern pharmacy by meeting customer needs with a wide range of vehicles that offer convenience, including retail and delivery pharmacy, as well as services offered through our wholly owned subsidiaries, Elixir, Bartell Drugs, and Health Dialog. Elixir, Rite Aid's pharmacy benefits and services company, consists of accredited mail and specialty pharmacies, prescription discount programs, and an industry-leading adjudication platform to offer superior member experience and cost savings. Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs has supported the health and wellness needs in the Seattle area for more than 130 years. Rite Aid employs more than 6,300 pharmacists and operates more than 2,300 retail pharmacy locations across 17 states. For more information,  For more information, visit www.riteaid.com.

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, and Topco Associates representing 1000's of stores. More in-store and online Hearing Products will soon launch 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

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

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