SOURCE: Innovative Designs, Inc.

Innovative Designs, Inc.

May 06, 2010 10:58 ET

Innovative Designs 2nd Quarter Comp Increase

PITTSBURGH, PA--(Marketwire - May 6, 2010) -  Innovative Designs Inc. (OTCBB: IVDN) sales for this second quarter showed a comp increase of approximately of 106% over second quarter 2009. The second quarter has been a historically slow quarter, generating approximately 6% of sales for the fiscal year. The triple-digit increase can be partially attributed to the introduction of product into Alaska, which has a 'longer' winter season as compared to that of the contiguous states. Innovative Designs Inc. CEO Joseph Riccelli commented, "With the short term availability of Insultex® House-Wrap, we look forward to continuous sales growth into the 3rd and 4th quarters."

The Company

Innovative Designs, Inc. manufactures the Arctic Armor® Line, hunting apparel, swimwear, wind shirts, jackets, and the multi-function "All in One" under the "i.d.i.gear" label featuring INSULTEX®. INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com.

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov

Contact Information

  • Joseph Riccelli
    CEO
    (P) 412-799-0350