NEWS RELEASE
ROSEVILLE, Calif., April 14, 2025 — InnerScope Hearing Technologies Inc. (OTC: INND) (“InnerScope” or the Company), is focused on becoming a leader in the Over-the-Counter (OTC”) Hearing Health and Digital Health space, today issues the following letter to its stakeholders.
Dear Fellow Stakeholders,
I thought I should add to the message recently sent by the directors, management team, and advisors of the InnerScope about the “New Chapter” the Company is entering in its quest to succeed in becoming a “good junior company”. That phrase has special meaning for me as it implies striving to meet certain performance standards typically associated with a well-run public issuer. As a seasoned investor, CEO and director over the years as well as a student of entrepreneurship, I have learned about the basics of making this happen.
At present, my company (Summus Hearing) is an important supplier of hearing guidance technology. InnerScope has applied our current version with several of its pharmacy customers in order to identify clientele interested in buying its hearing aids. This technology and related support, however, is capable of doing a great deal more for a much wider demographic. Towards that end we are working collaboratively on extending its reach with key customers. These innovations are designed to form part of InnerScope’s strengthened value proposition.
Experience has taught me that successful companies “Earn the right to grow”. That takes market savvy, an agile business plan and execution capabilities to fulfill. Another fundamental is using a “Ready, Aim, Fire” approach when launching major initiatives. These two guidelines alone have much to contribute to InnerScope’s future success.
As the founding chairman of InnerScope’s Advisory Board, I’ll begin a process of creating an Advisory Board. It will be designed to add experienced individuals with independent viewpoints of value to participate in governance and policy making. This broader representation is an important step in encouraging the company to transition from a family-style to a more professionally managed form.
InnerScope has several challenges ahead to differentiate itself and provide significant value-adds for its shareholders and other stakeholders. I am both, and appreciate the milestones anticipated from an outside-in and inside-out perspective. I’m also impressed with the resilience of the founding team to persevere when the going gets tough as well as its preparedness to contribute strongly to the substantial reboot underway.
Should comments or questions arise, feel free to contact me at Enquire Now. If I’m not able to respond directly, I’ll find some other way of doing so.
Thanks for your interest and for staying engaged as we forge ahead.
Terry Mactaggart
Advisory Board Chair
IMPORTANT NOTE ABOUT STAYING IN TOUCH: We want to make significant improvements via the web to the methods used to communicate with our shareholders and other interested parties. These will provide a more effective way of keeping you up to date as well as facilitate a better ongoing exchange. Towards that end, please sign in on our Investment News page found at https://investor.innd.com . While your personal information will remain strictly private, updates about the company will become readily accessible and ultimately form part of a new corporate website.
About InnerScope Hearing Technologies, Inc. (OTC PINK: INND):
InnerScope Hearing Technologies Inc. is a distributor of FDA-Registered OTC Hearing Aids, & Hearing and Health-Related Products and Services (“Hearing and Health Products”) dedicated to addressing the demand for affordable OTC hearing and health-related products and services instore and within the digital health space. InnerScope’s B2B business distribution model offers affordable OTC Hearing and Health Products through major retailers, pharmacy chains, and healthcare service companies.
For information related to InnerScope Hearing Technologies’ latest hearing aids and related Hearing and Health Products, please visit: http://otchealthmart.com
Safe Harbor
This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended intended to be covered by the “safe harbor” created by those sections. Any statements that are not historical facts contained in this press release are also “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA). Such statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be canceled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or maintain contractual relationships with vendors and customers, competition, general economic conditions and other factors that are detailed in our periodic reports filed with the Securities and Exchange Commission (“S.E.C.”). We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA, Securities Act, and Securities Exchange Act.
