- INND appears committed to creating a leadership dream team announcing Adnan Shennib as the Company’s CTO and president of international operations
- Shennib is a proven leader and entrepreneur in hearing medical devices; he developed several commercially successful hearing innovations
- INND is poised to leverage Shennib’s invaluable insight and expertise to develop new disruptive products and expand Company’s partnerships around the world
InnerScope Hearing Technologies (OTC: INND) has announced that Adnan Shennib, a seasoned industry professional, will join as chief technology officer (“CTO”) and the president of international operations responsible for expanding the Company’s partnerships with manufacturers, distributors, and innovators worldwide.
As an industry veteran with over 30 years of experience in hearing innovations, Shennib brings unmatched technology and business competence to solidify InnerScope’s leadership position in the hearing aid market (https://nnw.fm/8ywbY). Shennib’s unique background includes leading positions with notable hearing aid manufacturers. One of them is ReSound(R), an industry champion that developed the world’s first remotely controlled hearing aid product.
But Shennib is much more than an executive with significant experience in the hearing aids sector. Over the years, he became a well-known Silicon Valley medical device entrepreneur with several commercially successful hearing innovations under his belt. He is also a praised innovator who developed novel hearing solutions that went on to receive the Medical Device Excellence Award and become featured by major media outlets, including CNN, The New York Times, The Dr. Oz Show, USA Today, and Inc. Magazine.
He also founded InSound Medical, a company that invented the Lyric(R) hearing device, the first invisible, extended-wear hearing aid, which Sonova-Phonak(R) acquired in 2010 in a deal valued at $169 million. His entrepreneurial endeavors also include iHEAR Medical Inc., a company with a demonstrated track record in bringing novel hearing solutions to the market. There he led the development of several revolutionary innovations, including a groundbreaking online platform for the direct-to-consumer hearing market and, and iHEARtest(TM), the only FDA-cleared home hearing test.
Shennib joins the Company through iHEAR Medical Inc. as InnerScope recently acquired the latter. InnerScope is optimistic that the addition of Shennib to the leadership team will help the Company develop new and improved products that can successfully challenge conventional hearing aids. “We are proud to add Mr. Shennib to our team of seasoned experts as InnerScope’s CTO. Mr. Shennib is a pioneer in the hearing industry with a proven track record of developing patentable, groundbreaking discoveries in hearing technology. With our recent acquisition of iHEAR, we are especially excited for Mr. Shennib to lead InnerScope’s new research and development team at our new FDA-registered manufacturing facility in San Leandro, California.” stated Matthew Moore, president and CEO of InnerScope. Shennib appears equally enthusiastic about the new role. “I am excited to join the InnerScope team to advance its mission of providing affordable advanced hearing solutions,” he said, concluding that the initial focus will be on developing products based on new understandings of consumer trends and behavior.
InnerScope launched its hearing aids on FSAstore.com, HSAstore.com, and WellDeservedHealth.com to consumers enrolled in flexible spending accounts (“FSA”), health saving accounts (“HSA”), and employers’ health incentive programs.
For more information, visit the company’s website at www.INND.com and the company’s e-commerce website: www.MyHearIQ.com.
NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://nnw.fm/INND
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