InnerScope Hearing Technologies, Inc. (OTCQB: INND) Partners with Advantego Corporation to Develop Hearing Enhancement Software
20 Mai 2019 - 2:00PM
InvestorsHub NewsWire
InnerScope Hearing Technologies, Inc.
(OTCQB: INND) Partners with Advantego
Corporation to Develop Hearing Enhancement Software
integrated into TV Sound Bars and Headphones
InnerScope and Advantego Corporation (OTCQB:
ADGO) to distribute through InnerScope's vendor Agreements with
Walmart.com, Sears.com and Kmart.com.
ROSEVILLE, CA
-- May
20, 2019 --
InvestorsHub NewsWire -- InnerScope
Hearing Technologies Inc. (OTCQB:
INND) ("InnerScope") a manufacturer and Direct-to-Consumer
("DTC") distributor/retailer of FDA-Registered Hearing Aids,
Personal Sound Amplifiers Products, ("Hearing
Products") Hearing Related
Treatment Therapies, Doctor-Formulated
Dietary Hearing Supplements and proprietary CBD Oil ("Hearing
Health Products") (collectively "Hearing Product
Portfolio"), announced
it
expanded
its previously
announced Strategic Partnership
Agreement ("SP
Agreement") and
Distribution Agreement
("Distribution
Agreement")
("collectively
Agreements") with Advantego Corporation (OTCQB:
ADGO) ("Advantego")
to
include
combining
both companies proprietary
technology and
resources for developing
and
integrating
a
self-administered frequency threshold hearing assessment
software
to accurately create a personalized
hearing profile
based on
each persons hearing strengths and weaknesses ("Hearing
Profile")
into TV
Sound Bars and Headphones for a greater
enhanced
hearing
assistance for the
hearing impaired.
The
combination of InnerScope's hearing technology with its
Hearing
Profile algorithms added to Advantego's
library
of technology
will
provide an "Ultimate Listening Experience" not only
for
tens of
millions of hearing impaired people who
struggle
with hearing the TV or listening to music,
but also normal hearing
individuals can enjoy the enhanced hearing
benefits of a richer and
clearer sound. In addition
to
TV
Sound
Bars and Headphones, InnerScope and Advantego
plans
to further
develop
the Hearing
Profile software
technology to
be able to be
integrated
in
all equipment and/or hardware (i.e. cell phones or
any portable consumer electronics) that would
give every
consumer
a
superior
enhanced
sound quality hearing
experience. This will
include
musicians
and gamers that need
acute
hearing to insure peek
performances. Additionally,
The
Distribution
Agreement
provides
distribution
and joint venturing of
licensing opportunities to multiple OEM
manufacturers and new product development between the two
companies. InnerScope
also
plans to
distribute Advantego's
newly
developed assisted listening devices as well as
TV Sound
Bars and Headphones through its vendor
distribution
agreements
with Walmart.com, Sears.com and Kmart.com.
InnerScope's
original SP
Agreement
with Advantego
gives
InnerScope
the
exclusive
worldwide distribution rights for Advantego's
Intelligent Solutions
Platform and Advantego
TV
multi-faceted digital communication solution for the
audiological
market.
InnerScope for the
past few months has been beta testing Advantego's
Medical
Practice Marketing suite of products and services at its corporate
owned audiological
hearing
aid retail clinics branded dba
Value
Audiology & Hearing Aids Centers and plans to
distribute these products and services to the professional
audiological
practices.
"We began this
relationship over a year ago and have now have agreed to a more
cohesive relationship on a number of fronts as
both companies
mature in
the audiological
and
hearing-impaired world. Having a partner such as InnerScope that
has become such a disruptive force in the fast-evolving
audiological
market,
we are now able to utilize our expanded capabilities in the area of
design, engineering and manufacturing of hardware products and our
Licensing of third party cutting-edge software technology with
current opportunities they have recently encountered"
said Robert W. (Rob) Ferguson Advantego's
Chief Executive Officer. "This comes on the
heels of InnerScope completing beta testing over the past several
months on several components of our Medical Practice Marketing
suite of products that will now be unveiled this coming week May
16-18 at the California Dental Association annual conference. After
this initial launch, InnerScope will then be able to offer these
same suites of products to the audiological
world
which was our original plan from day one."
"We are excited to extend our partnership
with Advantego, said Matthew Moore,
CEO InnerScope Hearing Technologies. "We have
years of experience with the hearing impaired
community not being able to understand voices clearly
on TV. For most hearing-impaired
individuals increasing volume does not
make the voices any clearer, but by
having the TV sound optimized and enhanced
with a personalized Hearing Profile provides the
listener the best opportunity to hear voices
clearly."
"This partnership
with Advantego
along
with InnerScope's vendor distribution
partnerships
with Walmart.com, Sears.com, Kmart.com and other
upcoming
large
national and global "Big Box" retailers gives InnerScope
the opportunity to
expand
its brand and
customer reach
to
virtually every household with a TV.
The
Agreements allows both
companies to
continue
to
jointly
development
and
distribute innovative hearing
technologies for the tens of millions
of people that either need
hearing assistance or just enjoy
personalized enhanced
hearing. We
believe
combining InnerScope's hearing technology
with Avantego's
audio
enhancement algorithms technology,
we
can
deliver to the consumer, whether
they
have a hearing loss or not,
a superior
personalized hearing
experience uniquely enhanced though their own personal
Hearing
Profile. Further,
we
believe
this
innovative
hearing
technology may help
maintain
a persons hearing threshold and/or may improve hearing acuity
over time," Mr. Moore,
concluded.
About
Advantego Corporation
Advantego Corporation (OTCQB: ADGO) is a
business solutions provider that develops stand-alone digital and
enterprise software products capitalizing on niche opportunities
within specific markets.
The
Company leverages a proprietary Intelligent Solution Platform,
combining leading third-party,
cutting-edge technologies with existing data and systems to deliver
a turnkey, scalable and cost-effective specialized Business Process
as a Service (BPaaS).
The
Company's products are tailored specifically to targeted industries
that can be integrated with multiple software applications for
large enterprises, affiliate networks and franchise operators as
comprehensive, managed bundled solutions.
The
Company's services include product design, engineering and OEM
manufacturing of hardware products and licensing and distribution
of third-party proprietary software and hardware from a host of
Strategic Partners.
Website: www.advantego.com.
Twitter: @Advantego1.
About InnerScope Hearing Technologies
InnerScope Hearing
Technologies (OTCQB:
INND) is
a rapidly expanding
consolidator of the hearing aid industry. Management is applying
decades of profitable industry experience and technology to an
antiquated and disjointed industry, unlocking scale and efficiency,
which will serve all of InnerScope's
stakeholders. Its direct-to-consumer model is revolutionizing the
industry with its Walmart.com, Sears.com and
Kmart.com relationship
representing a paramount shift in the consumption of hearing aids
by the hearing impaired.
In
addition, InnerScope
plans to
continue to open,
acquire,
and operate
a
physical
chain
of clinicsaid
and
retail hearing audiological .
InnerScope's
mission
is to serve approximately
1.2 billion people around the globe that are suffering with 25 db
or greater hearing loss across the entire
hearing impaired vertical from R&D and manufacturing through
direct consumer sales and services. For more information,
please visit: www.innd.com. For
the Most
Up-to-Date information about InnerScope Hearing Technologies
(OTCQB: INND), please visit and follow our Official Twitter
account @INNDstock
Page.
https://twitter.com/inndstock
Safe Harbor
This
presentation contains forward-looking statements, which relate to
future events or InnerScope Hearing Technologies future performance
or financial condition. Any statements that are not statements of
historical fact (including statements containing the words
"believes," "should," "plans," "anticipates," "expects,"
"estimates" and similar expressions) should also be considered to
be forward-looking statements. These forward-looking statements are
not guarantees of future performance, condition or results and
involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as
result of a number of factors, including those described from time
to time in InnerScope Hearing Technologies filings with the
Securities and Exchange Commission. InnerScope Hearing Technologies
undertakes no duty to update any forward-looking statements made
herein.
Contact
InnerScope Hearing
Technologies,
Inc.
Investor
Relations
Info@innd.com
916-218-4100
www.innd.com
Walmart.com
Sears.com
Kmart.com
Advantego Corporation
Strategic Partnership
Agreement
For the Most
Up-to-Date information about InnerScope Hearing Technologies
(OTCQB: INND), please visit and follow our Official Twitter account
@inndstock
Page.
https://twitter.com/inndstock
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