The Company's www.nohasslehearing.com direct-to-consumer eCommerce store will sell the LifeEar CORE Personalized Smart Hearing Aids which are the 1st Hearing Aids that allows the user to program and fine-tune themselves
ROSEVILLE, Calif., June 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--InnerScope Hearing Technologies Inc. (OTCQB:INND) announced today a Supply and Distribution Reseller Agreement with AN Direct US Inc. for the LifeEar CORE Personalized Smart Hearing Aid Devices ("LifeEar CORE"). The Company will add the CORELifeEar to its portfolio product Direct-To-Consumer APP-Based Smart Hearing Aid Device to be sold through its www.nohasslehearing.com eCommerce store. The LifeEar CORE product platform and technology will allow the Company to offer the consumer a more affordable hearing solution with greater individual preferences for customization and personalization without ever leaving their home.
Until now, over-the-counter hearing aids have offered affordable alternatives to $2000-$4000-per-ear products that require multiple fitting and customization appointments, but none have been adjustable to the consumer's specific hearing needs. The new LifeEar CORE bridges that gap with its patent-pending hearing aid that can be quickly and easily programmed by the user to suit individual hearing abilities and preferences with a companion mobile app all without leaving home either to purchase or personalize the device. The LifeEar CORE puts the user in control by optimizing their hearing needs by creating an accurate, unique profile, instantly personalizing the hearing aids in the privacy of their home. The LifeEar CORE's advance digital sound technology adapts to the noise level of the environment, so conversations and sounds stay, crisp, sharp, and clear.
The LifeEar CORE, uses the free LifeEar iOS or Android app to create a personal hearing profile based on the user's ability to hear a series of tones, and repeat with the other ear. Then for the first time ever - the app will enable two levels of customization to tailor the settings to the user personal hearing strengths and weaknesses. It will:
- Automatically calculate and program your optimal settings via Bluetooth, using an algorithm that considers the hearing profile created by the app as well as your age and gender.
- Allow do-it-yourself fine-tuning for different listening environments, using an advanced settings option that can change the amount of noise reduction and high/low frequency settings for each environment with a few taps.
The LifeEar CORE also offers:
- The ability to discreetly change volume or listening environment (Automatic, Quiet, Conversation or Restaurant) from the LifeEar app, enabling easier and less conspicuous adjustments than using the small buttons on the hearing aid.
- Top-of-the-line audio quality, including dual directional microphones that automatically adapt to the user's surroundings without amplifying background noise, layered noise reduction that improves the user's hearing experience even in crowds, and more.
- A 30-day risk-free trial with a 100% moneyback guarantee.
- Free lifetime customer assistance to answer questions and provide adjustment assistance.
"With the addition of the LifeEar CORE Smart Hearing Aids to InnerScope's Direct-to-Consumer Hearing Aid eCommerce platform on www.nohasslehearing.com, InnerScope continues to broaden its main objective by increasing the acceptability and penetration of hearing aids in the United States," said Matthew Moore, CEO of InnerScope Hearing Technologies. "According to the President's Council of Advisors on Science and Technology Report (PCAST) issued recommendations intended to facilitate hearing aid device innovation and improve affordability and patient access. InnerScope's mission along with its eCommerce platforms embodies these recommendations. That's the reason, InnerScope is actively seeking and rapidly deploying the latest in high quality FDA Registered Hearing Aids, like the LifeEar CORE products and other Hearing Augmentation technology to the reported 48 Million Americans in the United States that have some form of treatable hearing loss. Unfortunately, according to the (PCAST) due to the current lack acceptability for hearing health products, there are only approximately 8 million currently wearing hearing devices," continued Mr. Moore.
"InnerScope Hearing Technologies will be offering the latest advancements in hearing aid technology with our complete product portfolio of Premium FDA Registered Hearing Aids to the 40 Million people in the United States that currently do not use hearing aids. InnerScope's sole objective is to make all of our hearing products affordable, accessible, easy-to-use, and with the highest customer satisfaction. With InnerScope's years of industry leading marketing, advertising, and messaging platforms, we are well positioned to reach the 48 Million Americans who are desperately looking for affordable hearing help solutions," Mr. Moore concluded.
"We are just as excited about the InnerScope Agreement as we are about the new LifeEar CORE Smart Hearing Aid Device," said Marc Prette, CEO of LifeEar. "After meeting with InnerScope's management and understanding their core business strategy as well as their depth of expertise and longevity in the hearing industry, we feel very confident that the LifeEar CORE will be well-represented. AN Direct and LifeEar takes customer service and the customer experience VERY seriously, we know that InnerScope will give the best customer service for all LifeEar product wearers to provide the customer experience that AN Direct and LifeEar was built on."
About InnerScope Hearing Technologies (OTCQB:INND):
InnerScope Hearing Technologies (OTCQB:INND) is a technology driven company with highly scalable B2B and B2C solutions. The Company plans on offering a B2B SaaS based Patient Management System (PMS) software program, designed to improve operations and communication with patients. INND also offers a Buying Group experience for audiology practice, enabling owners to lower product costs and increase their margins. INND will also compete in the DTC (Direct-to-Consumer) markets with its own line of "Hearable", and "Wearable" Personal Sound Amplifier Products (PSAPs) and revolutionary APPs on the iOS and Android markets.
INND has plans on opening, operating and expanding a chain of audiological and retail hearing device clinics. INND's seasoned team of professionals, with collectively over 200+ years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. Our team has the knowledge, relationships, and the experience to quickly deploy new products and software to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss. For more information, please visit: www.innd.com
About AN Direct US Inc. / LifeEar
AN Direct is a hearing solutions company that, through its subsidiaries, sells products via the "direct to consumer" channel (i.e. without brick and mortar stores). LifeEar, an AN Direct subsidiary, is dedicated to developing innovative, high-quality hearing solutions that are affordable, intuitive, easy to use, discreet, comfortable and personally adjustable using new smart technologies, making hearing correction more accessible to millions of consumers. LifeEar has extensive expertise in the global hearing market products, and its U.S. products are distributed by the largest direct-to-consumer hearing aid company in the country. For more information, please visit www.lifeear.com.
Safe Harbor
This presentation contains forward-looking statements which relate to future events or InnerScope Hearing Technologies future performance or financial condition. Any statements that are not statements of historical fact (including statements containing the words "believes," "should," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as result of a number of factors, including those described from time to time in InnerScope Hearing Technologies filings with the Securities and Exchange Commission. InnerScope Hearing Technologies undertakes no duty to update any forward-looking statements made herein.
Contact:
Investor Relations Contact
Andrew Barwicki
516-662-9461
Andrew@barwicki.com
InnerScope Hearing Technologies, Inc.
Matthew Moore
Matthew@innd.com
916-218-4100
www.innd.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0d14c54d-def7-417a-8bf6-e16052e85acc