InnerScope, which sells Direct-to-Consumer hearing aid devices, and GTX Corp, engaged in developing, manufacturing, and selling Health & Safety wearable GPS human and asset tracking technologies, plan to collaborate on projects and resell products services for both companies domestically and internationally.
ROSEVILLE, Calif., March 10, 2021 (GlobeNewswire) – InnerScope Hearing Technologies Inc. (OTC: INND) (“InnerScope”) today announced it signed a Joint Collaboration & Reseller Agreement (the “Agreement”) with GTX Corp (OTC: GTXO) (“GTX”). Under the Agreement, GTX will have a non-exclusive reseller license to offer for sale InnerScope’s Hearing and Related Hearing Products and Services through GTXCorp.com, GTX Online Store, Amazon, and through domestic and international distributors servicing customers in over 35 countries. Also, the Agreement allows InnerScope to have a non-exclusive reseller license to offer for sale GTX’s products and services through InnerScope’s multiple retailer vendor agreements for the retailers’ online sales portal and InnerScope’s own online sales portal, NoHassleHearing.com.
The Agreement gives both companies the ability to cross-promote certain products and services and increase public awareness and safety in the senior assisted, law enforcement, military, intelligence, academic, and private sector both domestically and internationally, including but not limited to the health and wellness sector. Additionally, InnerScope and GTX will collaborate on future projects that fit both mutual core competencies and secure new B2B and B2C distribution channels in both the government and private sectors.
InnerScope will be launching its Latest in Direct-to-Consumer Hearing Aid Technology with its Smartphone App-Controlled Self-Fitting – Self-Adjusting Rechargeable Hearing Aids (“Self-Fitting Hearing Aids”) on GTXCorp.com and GTX Online Store in the next week. Based on the gaining interest for its Self-Fitting Hearing Aids, InnerScope anticipates, after the launch, a high volume of sales from multiple online sales portals.
“We are excited about the collaborative partnership with InnerScope whereby both companies can expand on opening new channels of distribution in both government and private sectors. GTX Corp offers a variety of Health & Safety Solutions to keep families and businesses more connected and protected. Since the launch of our noise reducing ear buds (NRBz), we continue to stay committed to hearing health products and strongly believe hearing health is a vital part of staying connected with family and friends. InnerScope’s Direct-to-Consumer Hearing Products will be a great addition to our health, safety and wellness product line,” stated Patrick Bertagna, GTX Corp CEO.
Matthew Moore, CEO of InnerScope Hearing Technologies, commented, “Partnering with GTX opens up new domestic and international market opportunities for InnerScope. We are looking forward to collaborating with GTX on various projects and securing new B2B and B2C distribution channels for both government and private sectors. We are thrilled to offer GTX’s suite of products, which we believe will complement our Hearing Products and bring greater visibility to InnerScope’s brand awareness. We also believe selling our Self-Fitting Hearing Aids through GTX’s domestic and international distribution channels will give InnerScope the ability to participate in the global market of 1.5 billion people that live with some degree of hearing loss.”
About InnerScope Hearing Technologies (OTC: INND)
InnerScope Hearing Technologies as a manufacturer, distributor, and retailer of FDA-Registered Direct-to-Consumer (“DTC”) Self-Fitting–Self-Adjusting Hearing Aids, Self-Fitting–Self-Adjusting Personal Sound Amplifiers Products, Doctor-Formulated Dietary Hearing & Tinnitus Supplements, and Assorted Ear & Hearing Health-Related Products (collectively “Hearing Products”) its mission is to improve the quality of life of the 70 million people in North America who suffer from hearing impairment and/or hearing-related issues. The management team of InnerScope is applying decades of industry experience and believes it is well-positioned to directly benefit from the Over the Counter Hearing Aid Act (expected to be enacted in early 2021). InnerScope with its Affordable Self-Fitting – Self-Adjusting Hearing Technology, combined with its innovative point of sale Hearing Screening Kiosks designed for consumers with mild-to-moderate hearing loss to purchase over-the-counter hearing aids without being seen by a hearing care professional. For more information, please visit www.innd.com for more info.
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