InnerScope Hearing Technologies (OTC: INND), a leader in direct-to-consumer (“DTC”) and over-the-counter (“OTC”) hearing solutions, is partnering with Atlazo Inc. The two companies will work together to develop next-generation hearing aids and hearable products, utilizing Atlazo’s patented artificial intelligence (“AI”) hardware platform. InnerScope is confident that products powered by Atlazo’s proprietary ultra-low power System-on-Chip (“SoC”) technology will include unprecedented new features such as voice commands, continuous health monitoring, and seamless connectivity with other smart devices. The company notes that consumers will not only enjoy improved hearing in noisy environments but also find natural ways to interact with other wireless devices, including mobile phones. “With the recent FDA OTC regulations being released last month, including a landmark proposal intended to improve access to and reduce the cost of hearing aid technology for millions of Americans, and the anticipation of this OTC Law to be enacted soon, InnerScope is continuing to execute its plan to be the leader in the direct-to-consumer hearing device market,” said InnerScope Hearing Technologies president and CEO Matthew Moore in the press release. “The Atlazo partnership and our iHear research and development team give InnerScope the ability to develop new innovative types of proprietary artificial intelligence-powered hearing products that transcend today’s hearing devices so all consumers, whether they have hearing loss or not, can benefit from using them.”
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About InnerScope Hearing Technologies Inc.
InnerScope Hearing Technologies is a leading manufacturer and distributor of FDA-registered hearing aids and personal sound amplifier products (“PSAPs”) dedicated to addressing the global demand for affordable hearing solutions. InnerScope’s hearing products and its business model break through the persistent barriers that prevent access to effective hearing solutions. With the recent acquisition of iHear Medical Inc., a cloud-based hearing solution provider with access to more than 40 patents, and the completed acquisition of HearingAssist, an established leader in the direct-to-consumer hearing aid market with more than 400,000 customers, InnerScope is well-positioned to expand its distribution partnership network and its leadership in the direct-to-consumer hearing solutions market with advanced hearing products offered at a fraction of the cost of conventional hearing aids sold in hearing aid centers. For more information, please visit www.INND.com.
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