Exhibit 99.4

INTRICON CORPORATION
UNAUDITED PRO FORMA COMBINED CONDENSED FINANCIAL STATEMENTS

As used in these unaudited pro forma combined condensed financial statements, references to
we, us, our or IntriCon refer to IntriCon Corporation, together with its
consolidated subsidiaries.

On May 22, 2007, we completed the acquisition of substantially all of the assets of Tibbetts
Industries, Inc. (Tibbetts), other than real estate,for cash of $4,500,000, subject to a closing adjustment, and the
assumption of certain liabilities (total purchase price of $5,536,000 including acquisition costs of $195,000). We have accounted
for the acquisition utilizing the generally accepted accounting principles of Statement of Financial Accounting Standards Nos.
141, Business Combinations, and 142, Goodwill and Other Intangible Assets. Under the purchase method of
accounting, the assets and liabilities of Tibbetts were recorded as of the acquisition date, at their respective fair values. The
excess of the purchase price over the net tangible and identifiable intangible assets was recorded as goodwill.

The unaudited pro forma combined condensed financial statements combines historical financial
information of IntriCon and the financial statements of Tibbets as further described below. The unaudited pro forma financial
information gives effect to the acquisition of Tibbetts and the related financing activities. The unaudited pro forma combined
condensed statements of operations for the twelve months ended December 31, 2006 and the three months ended March 31, 2007
included in this report have been prepared as if the acquisition had been consummated as of January 1, 2006. The unaudited pro
forma combined condensed balance sheets as of March 31, 2007 have been prepared by management as if the Tibbetts acquisition
occurred on such date, given the same transaction parameters and credit facility level of $4,500,000.

The following unaudited pro forma combined condensed financial statements are presented for
illustrative purposes only and are not necessarily indicative of the combined results of operations for future periods or the
results of operation that actually would have been realized had IntriCon and Tibbetts been a combined company during the specified
periods. You should not rely on the unaudited pro forma condensed combined financial statements as being indicative of historical
results that would have been achieved had the companies actually been combined during the periods presented for the future results
that the combined companies will experience.

The unaudited pro forma combined condensed financial statements, including the related notes, are
qualified in their entirety by reference to, and should be read in conjunction with:

| |   |                                                                                                                                                                                                                   
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | Our historical financial statements and related notes included in our Annual Report on Form 10-K for
the year ended December 31, 2006, and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2007.
| |   |                                                                                                                                                                                                                   
| |  | The historical financial statements and related notes of Tibbetts Industries, Inc. for the years
ended September 30, 2006 and October 1, 2005, filed as Exhibit 99.3 to the Form 8-K/A.                           
| |   |                                                                                                                                                                                                                   
| |  | The unaudited historical financial statements of Tibbets Industries, Inc. as of March 31, 2007 and
for the six months ended March 31, 2007, filed as Exhibit 99.2 to the Form 8-K/A.                              

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The unaudited pro forma adjustments are based on managements preliminary estimates of the
value of tangible and intangible assets and liabilities acquired. As a result, the actual adjustments may differ materially from
those presented in these unaudited pro forma statements. A change in the unaudited pro forma adjustments of the purchase price for
the acquisition would primarily result in a reallocation affecting the value assigned to tangible and intangible assets. The
statement of operations effect of these changes will depend on the nature and amount of the assets or liabilities
adjusted.

The aggregate Tibbetts purchase price was allocated to the assets acquired and liabilities assumed
based on their preliminarily estimated fair values at the date of acquisition. The preliminary estimate of the excess of purchase
price over the fair value of net tangible assets acquired was allocated to identifiable intangible assets and goodwill. We are in
the process of gathering information to finalize our valuation of certain assets, primarily the valuation of acquired intangible
assets. The purchase price allocation will be finalized once we have all the necessary information to complete its estimate, but
no later than one year from the acquisition date. The following table summarizes the preliminary estimate of fair value of the
identifiable tangible and intangible assets and goodwill, net of liabilities assumed, that were acquired as part of the Tibbetts
acquisition (in thousands):

|                                                          |  |   |        |  
|--------------------------------------------------------- |  | - | ------ | -
|Cash                                                      |  | $ | 130    |  
|Other current assets                                      |  |   | 2,076  |  
|Intangible assets subject to amortization                 |  |   | 265    |  
|Goodwill                                                  |  |   | 2,015  |  
|Other long-term assets (primarily fixed assets)           |  |   | 1,050  |  
|                                                          |  |   |        |  
|Total assets                                              |  | $ | 5,536  |  
|                                                          |  |   |        |  
|                                                          |  |   |        |  
|Current liabilities (including acquisition costs of $195) |  |   | (1,036 | )
|Long-term notes payable                                   |  |   | (4,500 | )
|                                                          |  |   |        |  
|Total liabilities                                         |  | $ | (5,536 | )
|                                                          |  |   |        |  

The tangible assets, net of liabilities assumed of Tibbetts at the time of acquisition were recorded
at their respective fair values, in accordance with purchase accounting requirements. These are initially estimated to be
approximately $2.4 million. For purposes of the preliminary allocation, we have estimated the fair value of Tibbetts
machinery and equipment based on an external appraisal, resulting in an adjustment to increase the historical carrying value of
the assets by approximately $0.3 million. The fair value of the acquired property and equipment will be depreciated over estimated
useful lives of three to seven years, depending on the asset. We have also estimated the fair value of Tibbetts inventories,
based on estimated net realizable value less costs to complete and a normal distribution margin, resulting in an adjustment to
increase the historical carrying cost of inventories by less than $0.1 million. This non-recurring inventory increase adjustment
has been excluded from the unaudited pro forma combined condensed statements of operations for all periods presented.

The goodwill recorded as a result of the Tibbetts acquisition is deductible for income tax purposes.
The goodwill recognized represents operating and market synergies that are expected to be realized as a result of the acquisition
and future opportunities.

The following unaudited pro forma combined condensed financial statements are accounted for in
accordance with Statement of Financial Accounting

2

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Standard No. 141, Business Combinations. The pro forma adjustments are based on
preliminary estimates and available information. Final purchase accounting adjustments may differ from the pro forma amounts. The
pro forma combined condensed statements of operations for the year-ended December 31, 2006, includes: (1) IntriCons year
ended December 31, 2006, and (2) Tibbetts year-ended September 30, 2006. The pro forma combined condensed statements of
operations for the three months ended March 31, 2007, includes: (1) IntriCons three months ended March 31, 2007, and (2)
Tibbetts three months ended December 30, 2006.

UNAUDITED PRO FORMA COMBINED CONDENSED STATEMENTS OF OPERATIONS OF
INTRICON CORPORATION AND TIBBETTS INDUSTRIES, INC.
YEAR ENDED DECEMBER 31, 2006
(IN THOUSANDS EXCEPT PER SHARE DATA)

|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|------------------------------------------------------ |  | ------------- | ------ | -------- | - | ------------------------------------- |  | --------- | ---- | - | -------- |  |  | - | ------ | 
|                                                       |  |               |        |          |   |                                       |  | Pro forma |     
|                                                       |  |               |        |          |   |                                       |  |           |     
|                                                       |  | IntriCon Corp |        | Tibbetts |   | Acquisition
 Adjustments
 (See Notes) |  |           |      |   | Combined | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          | 
|Net sales                                              |  | $             | 51,726 |          | $ | 7,214                                 |  | $         |     |   |          |  |  | $ | 58,940 | 
|Cost of sales                                          |  |               | 39,304 |          |   | 5,217                                 |  |           |     |   |          |  |  |   | 44,521 | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Gross profit                                           |  |               | 12,422 |          |   | 1,997                                 |  |           |     |   |          |  |  |   | 14,419 | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Selling, general &
 administrative                     |  |               | 10,455 |          |   | 1,546                                 |  |           | 60   |   | (1)      |  |  |   | 12,061 | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Operating income (loss)                                |  |               | 1,967  |          |   | 451                                   |  |           | (60  | ) |          |  |  |   | 2,358  | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Interest expense                                       |  |               | 499    |          |   | 79                                    |  |           | 246  |   | (2)      |  |  |   | 824    | 
|Other (income) expense                                 |  |               | 53     |          |   | 45                                    |  |           |     |   |          |  |  |   | 98     | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Income (loss) from continuing
 operations before taxes |  |               | 1,415  |          |   | 327                                   |  |           | (306 | ) |          |  |  |   | 1,436  | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Income tax expense                                     |  |               | 174    |          |   | 47                                    |  |           |     |   |          |  |  |   | 221    | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Income (loss) from continuing
 operations              |  | $             | 1,241  |          | $ | 280                                   |  | $         | (306 | ) |          |  |  | $ | 1,215  | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Earnings per share from continuing
 operations:        |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Basic                                                  |  | $             | 0.24   |          |   |                                       |  |           |      |   |          |  |  | $ | 0.24   | 
|Diluted                                                |  | $             | 0.23   |          |   |                                       |  |           |      |   |          |  |  | $ | 0.23   | 
|                                                       |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Weighted average number of shares
 outstanding:        |  |               |        |          |   |                                       |  |           |      |   |          |  |  |   |        | 
|Basic                                                  |  |               | 5,159  |          |   |                                       |  |           |      |   |          |  |  |   | 5,159  | 
|Diluted                                                |  |               | 5,320  |          |   |                                       |  |           |      |   |          |  |  |   | 5,320  | 

See Notes to unaudited combined condensed pro forma financial statements

3

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|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|------------------------------------------------------ |  | ---------------------------------- | ------ | -------- | - | ------------------------------------- | - | --------- | --- | - | -------- | -- | - | - | ------ | -
|                                                       |  | Three Months Ended March
 31, 2007 |       
|                                                       |  |                                    |       
|                                                       |  |                                    |        |          |   |                                       |   | Pro forma |    
|                                                       |  |                                    |        |          |   |                                       |   |           |    
|                                                       |  | IntriCon Corp                      |        | Tibbetts |   | Acquisition
 Adjustments
 (See Notes) |   |           |     |   | Combined |   
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |   
|Net sales                                              |  | $                                  | 14,579 |          | $ | 1,775                                 |   | $         |    |   |          |    |   | $ | 16,354 |  
|Cost of sales                                          |  |                                    | 11,368 |          |   | 1,411                                 |   |           |    |   |          |    |   |   | 12,779 |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Gross profit                                           |  |                                    | 3,211  |          |   | 364                                   |   |           |    |   |          |    |   |   | 3,575  |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Selling, general &
 administrative                     |  |                                    | 2,996  |          |   | 351                                   |   |           | 15  |   |          | (1 | ) |   | 3,362  |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Operating income (loss)                                |  |                                    | 215    |          |   | 13                                    |   |           | (15 | ) |          |    |   |   | 213    |  
|                                                      
|Interest expense                                       |  |                                    | 153    |          |   | 30                                    |   |           | 54  |   |          | (2 | ) |   | 237    |  
|                                                      
|Other (income) expense                                 |  |                                    | 7      |          |   | (6                                    | ) |           |    |   |          |    |   |   | 1      |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Income (loss) from continuing
 operations before taxes |  |                                    | 55     |          |   | (11                                   | ) |           | (69 | ) |          |    |   |   | (25    | )
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Income tax expense                                     |  |                                    | 28     |          |   | 7                                     |   |           |    |   |          |    |   |   | 35     |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Income (loss) from continuing
 operations              |  | $                                  | 28     |          | $ | (18                                   | ) | $         | (69 | ) |          |    |   | $ | (60    | )
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Earnings (loss) per share from
 continuing operations: |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Basic                                                  |  | $                                  | 0.01   |          |   |                                       |   |           |     |   |          |    |   | $ | (0.01  | )
|Diluted                                                |  | $                                  | 0.01   |          |   |                                       |   |           |     |   |          |    |   | $ | (0.01  | )
|                                                       |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Weighted average number of shares
 outstanding:        |  |                                    |        |          |   |                                       |   |           |     |   |          |    |   |   |        |  
|Basic                                                  |  |                                    | 5,197  |          |   |                                       |   |           |     |   |          |    |   |   | 5,197  |  
|Diluted                                                |  |                                    | 5,359  |          |   |                                       |   |           |     |   |          |    |   |   | 5,359  |  

See Notes to unaudited combined condensed pro forma financial statements

4

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UNAUDITED PRO FORMA COMBINED
CONDENSED BALANCE SHEETS OF
INTRICON CORPORATION AND TIBBETTS INDUSTRIES, INC.
AS OF MARCH 31, 2007
(IN THOUSANDS)

|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|------------------------------------- |  | ------------- | ------ | -------- | - | ------------------------------------- | - | --------- | ------ | - | -------- | ----- |  | - | ------ | -
|                                      |  |               |        |          |   |                                       |   | Pro forma |       
|                                      |  |               |        |          |   |                                       |   |           |       
|                                      |  | IntriCon Corp |        | Tibbetts |   | Acquisition
 Adjustments
 (See Notes) |   |           |        |   | Combined |      
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |      
|                                     
|ASSETS                                |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|Current assets                        |  | $             | 18,842 |          | $ | 2,152                                 |   | $         | 14     |   |          | (3)   |  | $ | 21,008 |  
|Property, plant and equipment         |  |               | 7,092  |          |   | 1,377                                 |   |           | (309   | ) |          | (1,3) |  |   | 8,160  |  
|Other assets                          |  |               | 2,740  |          |   | 373                                   |   |           | (302   | ) |          | (3)   |  |   | 2,811  |  
|Goodwill                              |  |               | 5,927  |          |   |                                      |   |           | 1,917  |   |          | (3)   |  |   | 7,844  |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|                                      |  | $             | 34,601 |          | $ | 3,902                                 |   | $         | 1,320  |   |          |       |  | $ | 39,823 |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|LIABILITIES AND SHAREHOLDERS
 EQUITY |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|Current liabilities                   |  | $             | 9,539  |          | $ | 722                                   |   |           |        |   |          |       |  | $ | 10,261 |  
|Non-current liabilities               |  |               | 9,340  |          |   | 149                                   |   |           | (149   | ) |          | (3)   |  |   | 9,340  |  
|Long-term notes payable               |  |               |        |          |   | 1,471                                 |   |           | 3,029  |   |          | (2,3) |  |   | 4,500  |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|                                      |  |               | 18,879 |          |   | 2,342                                 |   |           | 2,880  |   |          |       |  |   | 24,101 |  
|Shareholders equity                  |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|Common stock:                         |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|IntriCon Corp.                        |  |               | 5,710  |          |   |                                       |   |           |        |   |          |       |  |   | 5,710  |  
|Tibbetts Industries                   |  |               |        |          |   | 199                                   |   |           | (199   | ) |          | (3)   |  |   |       |  
|Additional paid in capital            |  |               | 12,418 |          |   | 607                                   |   |           | (607   | ) |          | (3)   |  |   | 12,418 |  
|Retained earnings                     |  |               | (962   | )        |   | 806                                   |   |           | (806   | ) |          | (3)   |  |   | (962   | )
|Other equity                          |  |               | (1,444 | )        |   | (52                                   | ) |           | 52     |   |          | (3)   |  |   | (1,444 | )
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|                                      |  |               | 15,722 |          |   | 1,560                                 |   |           | (1,560 | ) |          |       |  |   | 15,722 |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  
|                                      |  | $             | 34,601 |          | $ | 3,902                                 |   | $         | 1,320  |   |          |       |  | $ | 39,823 |  
|                                      |  |               |        |          |   |                                       |   |           |        |   |          |       |  |   |        |  

See Notes to unaudited combined condensed pro forma financial statements

5

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NOTES TO UNAUDITED PRO FORMA COMBINED
CONDENSED FINANCIAL STATEMENTS

The following is a
description of pro forma adjustments reflected in the unaudited pro forma
combined condensed financial statements:

|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|1. | Reflects an increase in
 depreciation expense of approximately $60,000 for the year ended December 31,
 2006 and $15,000 for the three months ended March 31, 2007, resulting from
 the $322,000 step-up adjustments to Tibbetts machinery and equipment to fair
 value that will continue to be held and used.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|2. | Reflects and increase in
 interest expense of approximately $246,000 for the year ended December 31,
 2006 and $46,000 for the three months ended March 31, 2007, resulting from
 the interest charges on $4,500,000 of term notes payable used to fund the
 acquisition, offset by a reduction of interest expense related to the notes
 payable not assumed from Tibbetts.                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|3. | Reflects the purchase of substantially all of the
 assets of Tibbetts, other than real estate of $631,000, and assumption of
 substantially all of the liabilities of Tibbetts, other than bank debt, as of
 March 31, 2007. We have assumed the same parameters of the transaction,
 including but not limited to: $5,536,000 purchase price, $322,000 step-up of
 fixed assets to fair value, 57,000 of tax and other adjustments and
 transaction costs of $195,000. The excess of the purchase price over the fair
 value of the net assets and liabilities acquired and other transaction costs
 has been classified as goodwill. Although we have performed this calculation
 as a date differing from the actual purchase date, goodwill and other amounts
 are expected to approximate actual results.

6

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