SOURCE: Innovative Designs, Inc.

Innovative Designs, Inc.

May 19, 2010 09:48 ET

Innovative Designs Finalizes Canadian Tire Agreement

PITTSBURGH, PA--(Marketwire - May 19, 2010) -  Innovative Designs, Inc. (OTCBB: IVDN), through its Canadian distributor (KTL Canada), has finalized an agreement to supply Canadian Tire with its Arctic Armor suits this coming season. A substantial purchase order for Arctic Armor suits has been received. Canadian Tire Retail and its Associate Dealers together form Canada's most-shopped general merchandise retailer, with 475 stores from coast-to-coast. Canadian Tire Corporation, Limited is a growing network of five interrelated businesses that offer a range of goods and services that meet life's everyday needs, including general merchandise and clothing, petroleum and financial services.

Canadian Tire's competitive advantage is created through the power of these five businesses which exemplify its vision to create sustainable growth by being a national champion and Canada's most trusted company. Canadian Tire grows from its strengths -- leveraging our brands, core capabilities, assets and extraordinary people.

Canadian Tire's future starts with a clear purpose: It is a proud Canadian family of retail, retail-related and financial services businesses that are interrelated and strengthened by the triangle... a great Canadian brand. They exist to create Customers for Life and Shareholder Value.

More than 57,000 Canadians work across the Canadian Tire organization from coast-to-coast in the corporation's retail, financial services, and petroleum and apparel businesses. Joseph Riccelli, CEO of Innovative Designs, Inc., commented, "We are elated to add Canadian Tire to our ever-expanding retail base. Canadian Tire is by far the retailer of choice for the Canadian consumer. We look forward to a long and successful business relationship with Canadian Tire."

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. (All purchase orders allow the account the ability to cancel at any time prior to shipping. There is no deposit made in advance) 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

  • Innovative Designs, Inc.
    Contact Name - Joseph Riccelli
    CEO
    Contact Phone Number - (P) 412-799-0350