Sonomax signs R&D License Term Sheet with Esterlin
SONOMAX TECHNOLOGIES INC.
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Transmitted by CNW Group on : June 17, 2010 07:42
Sonomax signs R&D License Term Sheet with Esterline Racal Acoustics for worldwide military market
MONTREAL, June 17/CNW Telbec/ - Sonomax Technologies Inc. (SHH:TSX Venture) is pleasedto announce that it has signed another in a series of Term Sheets thatit intends to enter into in 2010. The agreement is with Racal AcousticsLtd., a component of Esterline Technologies Corp. (NYSE:ESL). Under theterms of the agreement the parties have agreed to work towardestablishing an R&D License Agreement by July 15th, 2010,the object of which will be to evaluate then develop the use of SonomaxV4 earpiece technology ("Sonomax Outside") as the centerpiece in thedevelopment of a suite of military hearing protection and communicationapplications.
Esterline Racal Acoustics is a world leading supplier of highquality, state-of-the-art military audio and data products designed tooperate in the most severe battle environments. From secure audio anddata intercommunication/networking systems to rugged noise-cancelinghandsets and headsets, ERA is on the front lines of battlefieldcommunication. Esterline Racal Acoustics has a long history of design,development and manufacture of audio ancillary equipment for theworld's military markets. Based in London, UK, the company employs approximately 180 staff.
Esterline Racal Acoustics products are designed to protect hearing andenhance communication in high and medium noise environments, such asaircraft, tracked and wheeled vehicles as well as for dismountedsoldiers. The product range includes noise attenuating, lightweight andIn-The-Ear headsets, handsets, microphones, field communicationssystems and avionics equipment.