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Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.


GREY:SXHHF - Post by User

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Post by GACABon Dec 13, 2010 8:26am
218 Views
Post# 17837023

SONOMAX CONTINUES EXECUTION OF STRATEGY

SONOMAX CONTINUES EXECUTION OF STRATEGYSONOMAX CONTINUES EXECUTION OF STRATEGY

MONTREAL, Dec. 13, 2010 (Canada NewsWire via COMTEX News Network) --

Sonomax Technologies Inc. (TSX Venture: SHH), the leading developer of custom-fitted earphones, is continuing its efforts to enter the retail marketplace immediately as an R&D licensing company.  As previously announced, Sonomax's ultimate goal is to enter into licensed partnerships with manufacturers that can use "Custom-fit by SonomaxTM" technology to add value to their products.  In execution of this strategy, Sonomax meets frequently with major Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs) and High Volume Resellers (HVRS).

At such time, if any, as Sonomax enters into a license agreement or other arrangement with one or more of these potential clients, Sonomax will issue a press release in accordance with its continuous-disclosure obligations.  No assurances can be given that Sonomax will enter into a license agreement or other arrangement or that, if such agreements are signed, that they will ultimately prove to be successful.

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