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ProfitScout

11/27/23 2:37 PM

#4133 RE: ProfitScout #4131

$IVDN (16 million float) is ramping up their superior Insultex House Wrap production and supply capability in response to increasing awareness and demand that the product is starting to get. This rising response in due to efforts of new distributors who have gone to work with increasing marketing efforts and also to word spreading organically in the home building sector about Insultex House Wrap and its superior performance that no competitive product can match. With IVDN holding all the patents on the unique evacuated cell technology used in Insultex, the company has huge market share growth potential going forward now.
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Innovative Designs, Inc. CEO Joseph Riccelli said, “Word is starting to spread about the availability of Insultex House Wrap® which is the only insulated house wrap product on the market today. As more home builders and home remodelers learn of this game-changing advancement, they are coming to us with new orders in growing numbers. Because we have been working diligently over the past several months to ramp up our order fulfillment capability, Innovative Designs is ready to handle increasing order levels at this time with plans underway for even further manufacturing capacity enhancement. We project this unparalleled product to gain substantially more market share going forward.”
Source:
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html