Innovative Personal Sound Amplification Products Projected to Experience Significant Growth as Technology Quickly Advances - Seite 2

"We are very excited and thrilled when we went live with our E-Commerce DTC Store," said Matthew Moore, president of InnerScope Hearing Technologies (INND). "Building an E-Commerce platform is part of the company's vision for our strategic expansion and a key component to create a continuous "Revenue Eco-System". This revenue-driven strategy and innovation allows us to stay competitive in this era of digital transformation by capturing the customer's hearing needs and experiences at every stage of their journey to find a solution to help them hear better. Sticker Shock of the cost of traditional hearing aids from $4,000 to $6,000 coupled with the inconvenience of making multiple trips to get the hearing aids fitted, results in 80% of the population that seek help, deciding not to get hearing aids or help of any kind. We have built our E-Commerce platform specifically for those individuals who are not receiving the help they need and deserve. The PSAPs and Hearables/Wearables technology products that we are offering through our DTC E-Commerce Store are fast becoming an alternative hearing solution over the high cost and inconvenience of hearing aids. It is estimated approximately 1.2 billion people are suffering with 25 db or greater hearing loss that could consider using PSAP's and or Hearables for helping with their hearing needs.

In the audio industry developments and happenings in the market this week include:

Knowles Corporation (NYSE: KN) closed up on Tuesday at $16.73 trading over 1/2 Million shares by the market close. Knowles provides component and system solutions for all types of BTE hearing instruments from Super BTE to Miniature BTE. With our range of products, we can advise on the configuration of microphones for improved directionality to allow for the most enhanced end user experience possible. Knowles is a market leader and global supplier of advanced micro-acoustic, audio processing, and precision device solutions, serving the mobile consumer electronics, communications, medical, military, aerospace, and industrial markets.

Dolby Laboratories, Inc. (NYSE: DLB) - Dolby Fidelio is a wireless audio system that delivers both Hearing Impaired (HI) for hard-of-hearing patrons, and Visually Impaired Narration (VI) for visually impaired patrons. The system includes a transmitter which integrates with your digital cinema server, a charging station with configuration tablet that allows your staff to charge and program receivers for use in any equipped auditorium.