ARDEN HILLS, Minn., March 19, 2019 (GLOBE NEWSWIRE) -- IntriCon Corporation (IIN), a designer, developer, manufacturer and distributor of body-worn devices, today announced that Mark Gorder, president and chief executive officer, will present at the Hearing Aid Day event sponsored by Kepler Cheuvreux on Monday, March 25, 2019, in New York, NY. IntriCon’s presentation is set to take place from 10:25-10:55am ET, followed by a Q&A session from 11:35-12:35pm ET.
IntriCon’s hearing health solutions are addressing an approximately $3 billion market with the company’s comprehensive, value-based solution that combines state-of-the-art hearing aid technology with a consumer-centric ecosystem of care to serve an addressable market of 13.4 million hearing impaired in the US. With the current average selling price for a hearing aid in the U.S. at approximately $2,400 per device, IntriCon is answering the growing consumer need for a cost-effective, easily accessible solution.
Importantly, the Hearing Aid Act of 2017, which enables adults with mild to moderate hearing loss to access hearing aids over-the counter without being seen by a hearing care professional, has the potential to open this market as early as the first half of 2020 and further supports the company’s growth objectives in its direct-to consumer hearing health market.
Along with Mr. Gorder, other industry experts scheduled to present include: Brent Edwards, PhD, Director at National Acoustic Laboratories; Søren Nielsen, President & CEO of William Demant; Peter Justesen, Investor Relations for GN Store; and Justin Miller, Co-founder, CEO Nuheara.
Investors interested in attending can contact SmartConnect.US@keplercheuvreux.com for details.
About IntriCon Corporation
Headquartered in Arden Hills, Minn., IntriCon Corporation designs, develops and manufactures miniature and micro-miniature body-worn devices. These advanced products help medical, healthcare and professional communications companies meet the rising demand for smaller, more intelligent and better connected devices. IntriCon has facilities in the United States, Asia and Europe. The company’s common stock trades under the symbol “IIN” on the NASDAQ Global Market. For more information about IntriCon, visit www.intricon.com.
Investor Relations Contact:
Lynn Pieper Lewis or Leigh Salvo