InnerScope Hearing Technologies (OTC: INND) To Launch Hearing Loss Information Centers In Kiosks At 4,618 Walmart Locations Nationwide
InnerScope Hearing Technologies signs an Agreement with Pursuant Health Inc. to launch its Hearing Loss Information Center to all 4,618 of Pursuant Health’s Wellness Screening Kiosks inside all Walmart and Walmart Neighborhood Market locations nationwide by June 2020.
InnerScope Hearing Technologies expects to reach millions of potential hearing aid candidates with its affordable, self-fitting hearing aid products prior to the Over the Counter Hearing Aid Act going into effect.
InnerScope Hearing Technologies anticipates a significant increase in sales revenue as hundreds of millions of Walmart shoppers will have access to the Wellness Screening Kiosks.
More than 3 million unique monthly visitors already use Pursuant Health’s Self-Service Wellness Screening Kiosks located in Walmart stores.
ROSEVILLE, Calif., March 30, 2020 (GLOBE NEWSWIRE) -- InnerScope Hearing Technologies Inc. (OTC: INND) (InnerScope) announced today it has entered into an agreement with Pursuant Health Inc. to launch its Hearing Loss Information Center to all of Pursuant Health’s Self-Service Wellness Screening Kiosks located inside 4,618 Walmart and Walmart Neighborhood Market locations nationwide by June 2020.
InnerScope’s Hearing Loss Information Center will encourage Walmart customers to take immediate action for treating their hearing loss by either being referred locally to a contracted hearing healthcare professional, or by directly purchasing one of InnerScope’s Hearing Products. InnerScope’s management team believes the Hearing Loss Information Center will become a trusted source for providing hearing healthcare information, as well as information on the multiple health and cognitive risks associated with untreated hearing loss. This agreement gives InnerScope instant brand awareness and direct marketing visibility to the hundreds of millions of Americans who shop at Walmart, as well as the more than 45 million Walmart pharmacy shoppers who have access to Pursuant Health’s Wellness Screening Kiosks strategically positioned near the pharmacy counters.
Prior to the Over the Counter Hearing Aid Act going into effect, InnerScope plans to utilize Pursuant Health’s Wellness Screening Kiosks to conduct a massive Hearing Loss Awareness Marketing Campaign to improve the quality of life of the 48 million Americans that has some form of hearing loss. The Over the Counter Hearing Aid Act was designed to enable adults with perceived mild-to-moderate hearing loss to access Over the Counter hearing aids without being seen by a hearing care professional. The new law, which was sponsored by Senators Elizabeth Warren (D-Mass) and Chuck Grassley (R-Iowa), comes on the heels of the elimination of the “physician waiver” system, which had required consumers first to seek a physician for a medical evaluation or sign a waiver prior to obtaining a hearing aid.
InnerScope will also sell its Hearing Products to Walmart customers on Walmart.com as a wholesale Direct-Ship Vendor. InnerScope is taking ground breaking steps to be the only hearing healthcare company leading the way to deliver easy and convenient access to hearing loss information and affordable Hearing Products for the 48 million Americans who have some form of hearing loss. The management team at InnerScope believes launching the Hearing Loss Information Center, along with its Hearing Loss Awareness Marketing Campaign, within the 4,618 Wellness Screening Kiosks inside all Walmart stores will establish the Company as a disruptive industry leader in the current $10 billion-dollar global hearing device industry.
Matthew Moore, CEO of InnerScope, said, "This opportunity to integrate our Hearing Loss Information Center into Pursuant Health’s vast network of over 4600 Wellness Screening Kiosks positions us as the only hearing healthcare company to deliver easy and convenient access to affordable hearing products, as well as hearing loss information, for the 48 million Americans who have some form of hearing loss." Mr. Moore continued, "After we launch this campaign on June 1st, we anticipate a significant increase in sales revenue as the millions of Walmart customers who use Pursuant Health’s Wellness Screening Kiosks have access to our affordable, FDA registered hearing aids and personal sound amplification products. With hundreds of millions of in-store Walmart customers, as well as the millions of customers who can see our products on Walmart.com, we are making great strides toward improving the quality of life for people who suffer from hearing impairment and hearing related issues.
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