SOURCE: Innovative Designs, Inc.

Innovative Designs, Inc.

March 28, 2011 10:16 ET

Innovative Designs Gives Update on Latest Company News

PITTSBURGH, PA--(Marketwire - March 28, 2011) - Innovative Designs, Inc. (OTCBB: IVDN) has completed the filing of both its 10K and 10Q. Both filings show the continual comp sales increases that are occurring. The Insultex® House-Wrap has been completed and samples have been distributed to certain sales representatives for presentation in both the United States and Canada. A new Sales Agency has been added to cover the territories from Montana, southward to the Texas border. Innovative Designs, Inc. CEO Joseph Riccelli commented, "With the completion of the Insultex® House-Wrap and word from our sales representatives on interested new accounts across the country for our Arctic Armor products, anticipation is running high on future sales. After months of communication, we have received verbal acceptance of our Arctic Armor products into one of the largest and well-known clothing retailers in the United States, although no purchase orders have yet to be received making it official. Should this come to fruition, we will make an immediate announcement. In addition, we are currently in a testing phase that will allow our Arctic Armor products to be used in industries that in the past were not available to us."

The Company

Innovative Designs, Inc. manufactures the Insultex® House-Wrap, 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

  • Contact:
    Joseph Riccelli
    CEO
    412-799-0350