|By Marketwired .||
|May 27, 2014 01:50 PM EDT||
PITTSBURGH, PA -- (Marketwired) -- 05/27/14 -- Innovative Designs Inc. (OTCQB: IVDN) has entered into a contractual agreement with Lindus Construction to become the exclusive distributor for Insultex House Wrap® in the states of Minnesota, Wisconsin, Iowa and North Dakota. Lindus Construction is a multi-generational full service construction company. Established by Kevin & Emily Lindus in May of 1979, the company has grown from a 2 person construction company located in western Wisconsin to a multi-state operation with locations in: Wisconsin, Minnesota, Iowa, Nebraska, Oklahoma, Michigan & Ohio. Insultex House Wrap® production has been elevated to meet the demands of Lindus Construction. Andy Lindus, C.O.O. of Lindus Construction, commented, "We believe that Insultex House Wrap® is going to revolutionize our industry. With the new R-21 side wall laws, Insultex House Wrap ® will allow us to meet those standards. I predict within 2 years, Insultex House Wrap® will own 50% of the market share for house wraps." Lindus Construction will feature Insultex House Wrap® in an upcoming TV episode of "Today's Home Remodeler." Innovative Designs Inc CEO Joseph Riccelli, remarked, "We welcome Lindus Construction as our upper-Midwest supplier. We have ramped up production so as to be able to meet their initial demands. Contractors in this territory will now begin to use Insultex House Wrap® for their various building projects."
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.
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
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