InnerScope Hearing Technologies (OTCMKTS:INND) formally appoints Adnan Shennib as chief technology officer! He has over three decades of expertise in hearing innovations, as he has assumed leadership roles with major hearing aid manufacturers such as ReSound – developing the world’s first remotely controlled and most advanced hearing aid product on the market.
Shennib’s achievements don’t end there, as he has also founded InSound Medical and invented the Lyric® hearing device, the world’s smallest and only extended-wear hearing product. The iHEAR Medical Inc. has been founded by him recently, which is responsible for a game-changing online platform for direct-to-consumer (DTC) markets. InnerScope has just announced the acquisition of iHear, which boosts the former’s portfolio and establishes it as a leader in the emerging markets of DTC and over-the-counter hearing products.
Shennib himself is excited to join the InnerScope team and contribute in providing affordable advanced hearing solutions. Matthew Moore, president and CEO of InnerScope is thrilled to welcome him aboard, as they look to develop various new kinds of hearing devices with stellar performance for tech-savvy consumers looking for alternatives to conventional hearing aids. In addition to being chief technology officer, Shennib also serves as president of international operations to expand InnerScope’s partnerships with manufacturers, distributors and innovators, globally.
Market Reaction:
On Tuesday, INND stock surged 1.15% at $0.0088 with more than 27.59 million shares, compared to its average volume of 47.37 million shares. The stock has moved within a range of $0.0085 – 0.0092 after opening the trade at $0.0089.
