STOCK TITAN

Innovative Designs Receives Patent for Propriety Process With Low Density Foam

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Pittsburgh, PA, April 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Innovative Designs (IVDN) is pleased to announce that on April 11, 2023, the United States Patent and Trademark Office (USPTO) has issued Patent # 11,623.375 B2 defining our proprietary process for forming closed and evacuated cell expanded low density foam is entitled to patent protection.  The USPTO first issued in January 2023 a Notice of Allowance and the patent was issued accordingly. 

Innovative Designs CEO Joseph Riccelli commented, “This is a key milestone and validation for our Insultex® insulation. Now that this patent is in place, we anticipate unprecedented growth into apparel and many other markets.”

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


Innovative Designs, Inc.

OTC:IVDN

IVDN Rankings

IVDN Latest News

IVDN Stock Data

5.79M
29.12M
23.22%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
Pittsburgh

About IVDN

innovative designs, inc. manufactures and markets cold weather recreational and industrial clothing products. the company operates in two segments, apparel and house wrap. it offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation, and tape products for the building construction industry. in addition, it offers insultex material in bulk to non-competing customers; products that restore the waterproof character of the outer side of its arctic armor clothing; and cold weather headgears and base insulation clothing products. the company primarily sells its products through independent sales agents, agencies, retailers, and distributors, as well as through website in the united states and canada. innovative designs,