(PINKSHEETS/exchange>: HRAL) HearAtLast Holdings, Inc., a leading provider of suitable affordable solutions to clients with hearing needs in the billion dollar hearing loss market, announced today that the Company is in the final development stage of a new Tinnitus Clinic located in the prominent Kingsway Community of Toronto, Ontario Canada. This state of the art facility will focus on the clinical and therapeutic side of dealing with Tinnitus (ringing ears) a condition that impacts millions of North Americans.
This new audiology clinic situated in the HumberTown Mall, a prestigious boutique like setting, caters to the baby boomer and empty nester demographic. "The location is an ideal setting for a platform of this nature as it is surrounded by medical professionals and a dense middle to upper middle class population," states Matthew Sacco CEO. This audiological discipline is in great demand as many individuals with hearing loss suffer from severe tinnitus as well.
The process of dealing with Tinnitus requires several components, masking devices, found in many of today's more sophisticated digital hearing devices, therapy and counseling which play a major role in helping one overcome the frustration of constant ringing or head noises, a process that benefits from ongoing treatment. "This new approach will create and add an entirely new revenue stream as it will be based on a 5-10 stage therapy program that will be rolled out in to several HearAtLast locations over the next 12 months," stated Matthew Sacco.
Tinnitus ("TIN-a-tus" or "Tin-EYE-tus") is the perception of sound in the head when no outside sound is present. It is typically referred to as "ringing in the ears," but other forms of sound such as hissing, roaring, pulsing, whooshing, chirping, whistling and clicking have been described. Recent publications indicate that almost everyone at one time or another has experienced brief periods of mild ringing or other sound in the ear. Some people have more annoying and constant types of tinnitus. One third of all adults report experiencing tinnitus at some point in their lives. Ten percent to 15% of adults have prolonged tinnitus requiring medical evaluation. Prevalence estimates of individuals with tinnitus vary widely, from 7.9 million to more than 37 million.
HearAtLast Holdings, Inc.