3rd Quarter ResultsSONOMAX REPORTS THIRD QUARTER 2010 RESULTS
MONTREAL, Nov. 25, 2010 (Canada NewsWire via COMTEX News Network) --
SonomaxTechnologies Inc. ("Sonomax" or the "Company") (TSX Venture: SHH) todaydisclosed its results for the three and nine month periods endedSeptember 30, 2010.
As Sonomax moves closer to meeting its objective of becoming an R&D licensing company, Third Quarter 2010 highlights were:
-- Decrease in net revenue to $110,179 in 2010 from $186,819 in 2009.-- Gross (loss) profit was $14,362 in 2010 compared to ($191,848) in2009. -- Increase in operating expenses to $948,246 compared to$553,108 in 2009.
Full financial statements can be found at: www.sedar.com
Also,on November 24, 2010, the Board of Directors granted an aggregate of2,075,000 stock options to outside directors of the company.