HearAtLast Holdings Partners With VitaSound Audio to Develop Hearing Market Opportunities in Canada
10 Maio 2011 - 5:00PM
Marketwired
HearAtLast Holdings, Inc. (PINKSHEETS: HRAL) announced today that
it has partnered with VitaSound Audio to develop business
opportunities in the growing market for hearing products in Canada.
In this partnership, VitaSound will operate all HearAtLast hearing
centre locations within Wal-Mart and will also support HearAtLast
in providing hearing products and services beyond these locations.
HearAtLast will continue to participate in current and future
hearing centre locations within Wal-Mart but will also focus on the
development of business in specific targeted consumer groups and
segments.
"VitaSound has committed significant financial resources for the
future growth and development of the HearAtLast locations within
Wal-Mart," said Matthew Sacco, President and CEO of HearAtLast
Holdings. "Their deep knowledge of the hearing business and
operational expertise will be essential to the success of current
and future stores."
"We have, for some time now, identified a number of areas of
commercial opportunity, beyond the retail locations, that hold the
potential to significantly expand our business and we have nurtured
relationships with decision makers in these areas. This announced
partnership will permit us to focus on these opportunities and
benefit from the technical and resource support that VitaSound will
provide to us," added Mr. Sacco. "The anticipated results will be
of benefit to both companies."
About VitaSound VitaSound Audio Inc is an
Ontario-based company that develops and markets innovative hearing
solutions. Its subsidiary companies operate hearing retail
locations in Canada and the United States.
About HearAtLast HearAtLast Holdings, Inc.
is a Nevada corporation that has developed HearAtLast; a chain of
hearing stores specializing in the sale of digital hearing aids and
testing services within Wal-Mart stores in Canada.
HearAtLast facilities sell a selection of high quality brand
name hearing aids and also offer complimentary screening tests,
clinical hearing tests, high end ear buds and assistive listening
devices. The Company's mission is to expand and develop
opportunities within the highly fragmented hearing services to the
estimated 30+ million hearing impaired individuals throughout North
America by co-developing and/or licensing its HearAtLast brand
throughout North America, within Walmart stores as well as in
independent locations.
The Company is providing an affordable hearing solution for
Canadians, combining the most sought after retail space in North
America with convenience and location.
For more information please visit 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 above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management, as well as assumptions made by any information
currently available to the Company or its management. When used in
this document, the words "anticipate," "estimate," "expect,"
"intend," "plans," "projects," and similar expressions, as they
relate to the Company or its management, are intended to identify
forward-looking statements. Such statements reflect the current
view of the Company regarding future events and are subject to
certain risks, uncertainties and assumptions, including the risks
and uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Investor Relations: HearAtLast Holdings, Inc. David Drake
888-993-0989 investorrelations@hearatlast.com
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