Business
InnerScope Hearing Technologies (OTCQB: INND) Plans To Launch a Network of Hearing Screening Retail Kiosks in Thousands of Locations Nationwide
InnerScope Hearing Technologies (OTCQB: INND) Plans To Launch a Network of Hearing Screening Retail Kiosks in Thousands of Locations Nationwide.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\nROSEVILLE, Calif., Aug. 05, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- InnerScope Hearing Technologies Inc. (OTCQB: INND) (\"InnerScope\") a manufacturer and Direct-to-Consumer (\"DTC\") distributor/retailer of FDA-Registered Hearing Aids, Personal Sound Amplifiers Products, (\"Hearing Products\") Hearing Related Treatment Therapies, Doctor-Formulated Dietary Hearing Supplements and proprietary CBD Oil (\"Hearing Health Products\") (collectively \"Hearing Product Portfolio\"), announced its plans to launch a network of interactive fully automated (unattended) Point of Sale Hearing Screening Retail Kiosks and Untreated Hearing Loss Information Centers (\"Hearing Kiosks\") to be located inside large major hospitals, sporting venues, & other public locations, grocery stores, chain retailers, local retailers, pharmacy chains, grocery stores, hospitals, sporting venues, & other public locations.\n\n \n \n \n \n \n \n \n \n \n \n \n INND Market Opportunity\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n INND Hearing Screening Kiosk\n \n \n \n \n \n \n \n \n\n The development of the Hearing Kiosks is part of InnerScope's newly revised \"Hearing Better in America\" awareness campaign, which specifically targets approximately the 42+ million Americans or 84% of the total U.S. hearing impaired market who are currently at high risk and/or living with multiple health and cognitive consequences due to untreated hearing loss (the \"Underserved Market\"). According to the President's Council of Advisors on Science and Technology (PCAST), the Underserved Market is the result of the extreme high cost and low accessibility to affordable hearing healthcare solutions. InnerScope's Hearing Kiosks will not only give the Underserved Market easy access to a quick 2-minute self-administered hearing-screening test, but also provide awareness about untreated hearing loss and information on InnerScope's affordable DTC hearing solutions. With the current hearing healthcare sales and distribution model only serving approximately 16% of the market, it's apparent the Underserved Market is looking for an easier, more convenient no-hassle way to purchase hearing healthcare products. InnerScope's interactive automated design of its Hearing Kiosks (patterned after Redbox and its 41,500 automated retail kiosks locations) combined with its plans to ha...