Business
InnerScope Hearing Technologies (OTCQB: INND) Signs Agreements to Distribute 200 of its Hearing Screening Kiosks & Hearing Products in 200 Pharmacy Locations with BONUM HEALTH
InnerScope Hearing Technologies (OTCQB: INND) Signs Agreements to Distribute 200 of its Hearing Screening Kiosks & Hearing Products in 200 Pharmacy Locations with BONUM HEALTH.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\n ROSEVILLE, Calif., Sept. 11, 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\"), has signed Agreements (the \"Agreements\") with BONUM HEALTH, LLC (\"BONUM HEALTH\") for the initial order to distribute its fully automated (unattended) Point of Sale Hearing Screening Retail Kiosks (\"Hearing Kiosks\") and its affordable Hearing Product Portfolio (collectively \"Hearing Kiosks and Point of Sale Products\") to 200 BENZER PHARMACY locations (increased from 100 to 200 locations as previously announced) of independent and corporate-owned retail pharmacies located throughout the United States. The Agreements not only gives InnerScope a significant increase in market share and market penetration by having 200 new distribution locations for its Hearing Product Portfolio, but also a new in-store revenue model that can be easily duplicated in thousands of locations nationwide.  Given the initial order of the Agreements, including subsequent orders to immediately follow, InnerScope is currently ramping up production of its Hearing Kiosks and inventory of its Hearing Product Portfolio, and plans to immediately start delivering (within 30 days) to 120 BENZER PHARMACY locations in 29 states.  BONUM HEALTH expects to increase the number to 500 pharmacy locations by the end of 2019 for InnerScope's Hearing Kiosks and Point of Sale Products, with the anticipation of increasing to thousands of locations starting in 2020. InnerScope's Hearing Kiosk is designed to give the public FREE, EASY & CONVENIENT access to a quick 2-minute self-administered hearing-screening test as well as bringing awareness to the multiple health and cognitive issues caused by living with untreated hearing loss. But, more importantly, the function of the Point of Sale of the Hearing Kiosks, is to guide and direct the consumer to solve their hearing issues today (given, if they are having hearing issues) by choosing from InnerScope's affordable Hearing ...