News and Press Releases

Innovative Designs, Inc. Announces Record Purchase Orders
Company Doubles Purchase Orders Versus 2005

PITTSBURGH, PA--(MARKET WIRE)--Aug 14, 2006 -- Innovative Designs, Inc. (OTC BB:IVDN.OB - News), "i.d.i.gear," announced today that the company has received record purchase orders to date. The purchase orders, so far through the 2006 selling season, are double versus 2005 totals. With one quarter left in Innovative Designs fiscal year, the company expects to continue growing at an explosive rate.

Joseph Riccelli, CEO of Innovative Designs, commented, "The Company continues to grow at a strong and fervent pace. Our products are the thinnest, lightest, warmest, and most durable in the world, and we have just scratched the surface of our potential market. Currently, i.d.i.gear products are now being sold in most of the big box retailers that are located in cold weather regions. Our newly hired Canadian sales force has increased our sales reach across all of North America. Furthermore, the hiring of Dr. Gary Allen will help to protect our IP as well as introduce INSULTEX(TM) to new untapped markets. All the successes we've had so far this year are a direct reflection of our dedicated management team and stakeholders, and I'm confident that we will have record sales and ascending profits for many years to come."

The Company

Innovative Designs, Inc. manufactures the Arctic Armor(TM) Line, hunting apparel, swimwear, wind shirts, jackets, sleeping bags, and the multi-function "All in One" under the "i.d.i.gear" label featuring INSULTEX(TM). INSULTEX(TM) 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

[Back to News Main]

 

Read More About Insultex™
All of our products contain Insultex™, The lightest and thinnest thermal insulation ever!

Insultex™ is the newest thermal insulation on the market and promises to revolutionize insulation as we know it. This incredible material can be used in outerwear, gloves, hats, pants, tents, sleeping bags, coolers, boots, swimsuits, blankets, comforters; just about anything that would benefit from it’s remarkable insulating or buoyant qualities. [Read More]

Contact Innovative Designs
Phone (412) 799-0350
Email Us