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Wednesday, May 11, 2016 7:40:50 AM
7:00 AM ET 5/11/16 | Marketwired
PITTSBURGH, PA--(Marketwired - May 11, 2016) - Innovative Designs Inc. (OTCQB: IVDN) has begun the permitting process necessary to begin domestic production of its Insultex™ insulation. Insultex™ is used in the production of both the IDIGear line of apparel and the Insultex House Wrap™.
Third quarter sales, beginning May 1st, have gotten off to a fast pace. Vendor agreements have been submitted, in the first week of May, to two major accounts, at their request, to begin carrying Innovative Designs' products.
Innovative Designs CEO, Joseph Riccelli, commented, "You reach a milestone when companies seek out your product at a higher pace then you seek them out. This is what we are starting to see. It cannot be misconstrued for anything but a positive sign going forward."
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 or www.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
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