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InnerScope Hearing Technologies, Inc. Enters Into an LOI for Exclusive World-Wide License and Distribution Agreement for a Universal Tele-Audiology Solution for Remote Programming of Hearing Aid Devices via Computers and Smartphones
InnerScope Hearing Technologies, Inc. Enters Into an LOI for Exclusive World-Wide License and Distribution Agreement for a Universal Tele-Audiology Solution for Remote Programming of Hearing Aid Devices via Computers and Smartphones.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\n\n\n\nInnerScope Hearing Technologies, Inc. Enters Into an LOI for Exclusive World-Wide License and Distribution Agreement for a Universal Tele-Audiology Solution for Remote Programming of Hearing Aid Devices via Computers and Smartphones\n\n\n\n\n\nInnerScope Hearing Technologies, Inc. Enters Into an LOI for Exclusive World-Wide License and Distribution Agreement for a Universal Tele-Audiology Solution for Remote Programming of Hearing Aid Devices via Computers and Smartphones\nPR Newswire\nROSEVILLE, California, January 3, 2018\n\n\n\nROSEVILLE, California, January 3, 2018 /PRNewswire/ --\n\nInnerScope Hearing Technologies Inc. (OTCQB:INND) announced today it has entered into an LOI for an exclusive world-wide licensing and distribution with Eltima Software GmbH (\"Eltima\") for its FlexiHub Software (\"FlexiHub\") as it relates to remote programming of hearing aid devices. The Agreement also creates a on-going technology partnership between the two companies for future advancements that can be used for the world-wide audiological and hearing aid industry.\n\nThis gives InnerScope a universal tele-audiology solution for professionals to remotely program hearing aid devices. The FlexiHub Software is a revolutionary USB over Ethernet technology allowing total secure access and connection remotely via the internet, for sharing of USB port devices to any remote computers located anywhere around the world or using an Android smartphone. InnerScope plans to market and distribute its Tele-Audiology solution to the global audiological community as well as integrating this advanced software technology for its direct-to-consumer and B2B audiological solutions. This will give the company a distinct advantage over the current global distribution and delivery of hearing aid devices. Tele-Audiology, is a subset of tele-health, referring solely to audiological practices.\n\nThe FlexiHub can be used by all of the tens of thousands hearing care professionals (\"HCPs\") to be able to deliver more efficient professional hearing care to the consumer by streamlining the hearing aid fitting and adjustment process.\n\nThis new universal Tele-Audiology solution allows the HCPs to better leverage their time and the consumer's time by reducing the number of clinic visits for fine-tuning adjustments of the hearing aid devices. The HCPs, by using the F...