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Innovative Designs Adds New House Wrap Distributor

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Innovative Designs Inc. (OTCPK: IVDN) has signed a distributorship agreement with Construction Component Sales Inc. (CCSI) for its Insultex House Wrap. CCSI, a well-respected independent agency in Texas, Oklahoma, and Louisiana, provides marketing and sales support for building products. Both parties expressed optimism; CCSI highlighted the superior technology of Insultex, while IVDN's CEO underscored the significance of the partnership. This collaboration aims to enhance the market presence of Insultex House Wrap in the region.

Positive
  • Signed distributorship agreement with Construction Component Sales Inc. for Insultex House Wrap.
  • Partnership expected to enhance the market presence of Insultex House Wrap in Texas, Oklahoma, and Louisiana.
  • Positive feedback from key accounts indicates strong market potential for Insultex House Wrap.
Negative
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Pittsburgh, Pa., Sept. 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs Inc. (OTCPK: IVDN) has received a signed distributorship agreement from Construction Component Sales Inc, to represent its Insultex House Wrap. Construction Component Sales, Inc. (CCSI) is an independent sales agency, representing building products manufacturers in Texas, Oklahoma, and Louisiana. It was founded in 2004 and is headquartered in Houston, Texas. Their services include product marketing, sales support, technical and installation training, and supply chain consulting to all participants in each product’s custody chain. They currently have business relationships with the following list of companies: Homasote, Tytan Professional, Backyard Elements, E-Z Gutter Guard, Nichiha, Indital, Sagiper PVC Siding, Wall/Ceiling, Magtech, Therma Wood Technologies, Perma R Products, Getzner Sound Proofing, Cox Contemporary Barn Doors, CMT Orange Tools and Ultra Aluminum Fencing & Railing.

Chris Strong, President of Construction Component Sales, Inc, commented, “We entered into this distributorship agreement because of the amazing technology this product has to offer. Before we decided to represent this product, we introduced it to our key accounts. The response has been extremely positive. The efficiencies of this product compared to other insulation outweighs all the others. This long-term relationship we are entering into with Innovative Design is a great match. We only represent world class companies. We expect Insultex House Wrap to become a top tier product with us very quickly.”

Innovative Designs Inc CEO Joseph Riccelli stated, “We are pleased to have brought on Construction Component Sales, Inc as a distributor covering Texas, Oklahoma and Louisiana. They are a highly respected company who have been involved in the building industry since 2004. We look forward to supplying product to their extensive list of companies with whom they do business.”

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.

Joseph Riccelli
412-799-0350
joer@idigear.com


FAQ

What is the distributorship agreement between IVDN and Construction Component Sales Inc.?

Innovative Designs Inc. signed a distributorship agreement with Construction Component Sales Inc. to represent its Insultex House Wrap in Texas, Oklahoma, and Louisiana.

Who is Construction Component Sales Inc.?

Construction Component Sales Inc. is an independent sales agency founded in 2004, specializing in building products in Texas, Oklahoma, and Louisiana.

What is Insultex House Wrap?

Insultex House Wrap is a building product offered by Innovative Designs Inc., noted for its advanced technology in insulation.

How will the agreement affect the stock performance of IVDN?

The agreement could positively impact IVDN's stock performance by increasing market presence and sales of Insultex House Wrap.

What are the expectations from the partnership between IVDN and CCSI?

Both companies expect Insultex House Wrap to become a top-tier product quickly, based on positive responses from key accounts.
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