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$INND InnerScope Hearing Technologies, Inc. Signs Supplier Agreement as a Direct Shipped Vendor ("DSV") for Walmart.com USA, LLC

The Company will now sell its FDA-Registered Hearing Aid Devices and its Personal Sound Amplifiers Products (PSAPs) to Walmart.com as the retailer Direct-To-Consumer online retail sale.
ROSEVILLE, Calif. , Aug. 01, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- InnerScope Hearing Technologies Inc. (OTCQB: INND) is pleased to announce the signing of a supplier agreement as a direct shipped vendor ("DSV") for Walmart.com. The Company has been accepted as a Walmart.com USA, LLC, a wholly-owned subsidiary of Wal-Mart Stores, Inc. ("Walmart.com") supplier and will sell its FDA-Registered Hearing Aids and its Personal Sound Amplifier Products ("PSAPs") to Walmart.com as the retailer for Direct-To-Consumer online retail sale.
Walmart.com as the retailer for the Company's products along with Walmart.com's online sales platform will give the Company a broader reach and visibility in the Direct-To-Consumer hearing assistive and hearing aid device marketplace. With Walmart.com representing the Company's PSAPs and especially its FDA-Registered Bluetooth wireless hearing aid technology, will create an increase in consumer awareness for a greater penetration of more affordable higher quality hearing aid technology options. The Company continues to deliver on its mission and its strategic goals by offering easy and affordable access to high quality hearing aids and hearing assistive devices.
Walmart.com will be able to offer for sale InnerScopes's FDA-Registered ALPHA Digital Hearing Aid Series with Bluetooth and a Smart Control App in 3 levels of technology based on affordability and hearing needs. The ALPHA's Series are receiver-in-canals (RICs) hearing aids with a very small discreet and comfortable compact design with Bluetooth Low Energy (BLE) wireless technology (for direct connection to external Bluetooth-enable devices) with a user app for added user control and personalizing the hearing aid devices for all different environments via Android or iOS Smartphones.
Walmart.com will also offer for sale several types of InnerScopes's PSAPs. For example, the audiologist patented designed Teeny and the Crescent are ear level PSAPs which uses the same Advanced Digital Technology found in higher priced hearing aid devices. The Teeny PSAP is a one size fits all completely-in-the-canal (CIC), made to be comfortably hidden within the ear canal. The Crescent PSAP and its unique universal shell design that fits approximately 95% of all ears. InnerScopes's other type of PSAP offer for sale is the BlackCat. The BlackCat is a hearable/wearable personal audio controller designed for people who have difficulty understanding conversation in difficult listening and noisy situations, like in a restaurant or group gatherings. It's compact credit card design and easy to use buttons, the user can control volume, balance and rear noise suppression.
"We were excited when Walmart.com contacted us and wanted to be a retailer for all of InnerScope's hearing products," said Matthew Moore, CEO of InnerScope Hearing Technologies. "We signed the supplier agreement as Walmart.com's direct ship vendor in the U.S. for all of our hearing products and we are very pleased to have forge this new supplier relationship with an American company like Wal-Mart and Walmart.com. We know our affordable high-quality hearing products will be well represented online by Walmart.com. We our expecting great success and a long-term relationship with Walmart.com as a retail partner and we are looking forward to extending InnerScope's hearing products to Wal-Mart's brick and Mortar Stores," continued Mr. Moore.
"This new Walmart.com relationship will bring more awareness to our "Hearing Better in America" marketing campaign which strategically targets the 48 million our Americans who suffers from some form of hearing loss that may require the need for hearing aids or hearing assistive products. The "Hearing Better in America" marketing campaign uses a combination of many different social media and media sources across the United States. InnerScope is continuing to develop multiple direct-to-consumer sales channels and platforms, so the hearing-impaired consumers can gain easy access and more affordable options when it comes to finding hearing aids and/or hearing assistive products," Mr. Moore, concluded.

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