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ProfitScout

05/05/22 9:49 AM

#3434 RE: ProfitScout #3431

The latest IVDN news showed us new orders for Insultex House Wrap are being booked now. The best part of this news is that customers are starting to discover the superior performance of the product and they want it. New dealer Hamshaw Lumber has already placed their first purchase order with quick delivery from IVDN. This is the beginning of opportunity time as a result of the long fought court victory.

Innovative Designs Adds New England Retailer

Pittsburgh, PA, April 21, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs Inc. (OTCQB: IVDN), a company engaged in marketing and selling a unique insulated house wrap, has added Hamshaw Lumber to its retail list. Opened in 1980, Hamshaw Lumber now has seven locations: Barre, MA, Amherst, MA, Brattleboro, VT, South Deerfield, MA, Greenfield, MA, Keene, NH and Orange, MA.

Hamshaw Lumber buyer, Chris Calcari, commented, “A contractor and homeowner inquired about the Insultex House Wrap, with an R-Value of 6, at Hamshaw Lumber. After doing research, I was impressed with the energy efficiency it offers along with its environmental impact. Our first purchase order is in route to our Orange, Massachusetts store.” Innovative Designs CEO, Joseph Riccelli, commented, “We are pleased to begin doing business with Hamshaw Lumber. Their coverage in the New England area will open up opportunities for homebuilders and contractors to have easy access to our house wrap.”

About Innovative Designs Inc.

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 http://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