HearAtLast to Launch Online Hearing Store Targeting North American Seniors' Internet Demand
14 Janeiro 2010 - 7:00PM
Marketwired
HearAtLast Holdings, Inc. (PINKSHEETS: HRAL), a leading provider of
suitable affordable solutions to clients with hearing needs in the
billion dollar hearing loss market co-located within select
Wal-Mart Canada locations, announced today that its launching an
On-line Hearing Store to target the vastly growing seniors' market
in North America.
HearAtLast is in the final stages of launching its new On-line
Hearing Store. Developed to address increasing internet demand for
Hearing Accessories, Batteries, Assistive Listening Devices and
EarBuds, this market segment has become far more attractive over
the last calendar year as far more seniors utilize the internet for
purchases. It also enables HRAL to cross the border for on-line
sales. Recent numbers show that close to 20 million seniors spend
an average of 58 hours per month on line. Additional growth comes
in the form of "Linda" (the term given to the caregiver in the
household) who experiences the most impact from hearing related
issues States Robert J. Oswald, Executive Vice President. "Linda"
is always taking care of both the immediate and extended family;
this arena simplifies the process for a great deal of consumers as
many communication issues can be remedied with Assistive Listening
Devices which are non prescribed items by simply ordering online he
adds. Significant growth is also projected from the Generation X
and Baby Boomer crowd, as they begin to address and deal with
escalating hearing issues by investing in safe sophisticated
hi-fidelity EarBuds for iPods & MP3 players along with the
wireless world. Our initial aim is to keep Sku's to a minimum with
pre-selected "Best of Class" products in these segments.
HearAtLast opened its first store on October 18, 2006 in London,
Ontario Canada, To date HRAL has 29 hearing stores operating in
Canada, 28 co-located within Select Wal-Mart Canada Super Centers
and traditional Wal-Mart Stores.
About HearAtLast
HearAtLast Holdings, Inc. is a Nevada corporation that owns and
operates its wholly-owned subsidiary. HearAtLast Inc., a chain of
hearing stores specializing in the sale of digital hearing aids and
testing services. The company develops, owns, and operates hearing
aid clinics co-located within select Wal-Mart stores throughout
Canada. HearAtLast facilities sell a selection of high quality
brand name hearing aids and also offer complimentary screening
tests, clinical hearing tests, high end earbuds and assistive
listening devices. The Company's mission is to consolidate the
highly fragmented hearing services industry while providing
unparalleled service to the estimated 30+ million hearing impaired
individuals throughout North America. After a prescription is
approved, the independent on-site audiologists and hearing aid
practitioners at HearAtLast utilize a refined process to dispense
the latest in Name Brand digital hearing aids.
For more information please visit the company website at:
www.hearatlast.com
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The information contained in this press release may include
forward-looking statements. Forward-looking statements usually
contain the words "estimate," "anticipate," "believe," "expect," or
similar expressions that involve risks and uncertainties. These
risks and uncertainties include the company's uncertain
profitability, need for significant capital, uncertainty concerning
market acceptance of its products, competition, limited service and
manufacturing facilities, dependence on technological developments
and protection of its intellectual property. The company's actual
results could differ materially from those discussed herein.
Investor Relations: HearAtLast Holdings, Inc. Aldo Rotondi
416-436-3795 investorrelations@hearatlast.com
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