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Tuesday, August 02, 2016 8:18:48 AM
PITTSBURGH, PA--(Marketwired - Aug 2, 2016) - Innovative Designs (OTCQB: IVDN) Inc. completed its 3rd quarter effective July 31, 2016, with significant comp sales increases for the months of May, June and July. Comp sales for the months of May and June both showed increases in excess of 50%. The month of July led all months with an increase of over 400%. The quarter showed an increase of over 200%. Innovative Designs CEO Joseph Riccelli commented, "Our third quarter numbers showed significant comp increases. Sales of our products skyrocketed in the month of July."
The Company
Innovative Designs Inc. manufactures the Insultex® House Wrap, Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com orwww.insultexhousewrap.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov
Contact:
Joseph Riccelli
412-799-0350
joer@idigear.com
News Link: http://www.marketwired.com/press-release/innovative-designs-3rd-quarter-comp-sales-increase-otcqb-ivdn-2147060.htm
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