Sonomax Hearing Healthcare Inc.

Sonomax Hearing Healthcare Inc.

July 08, 2005 08:00 ET

Sonomax Hearing Healthcare Announces Appointment to Board of Directors: Manhattan-Based Securities Analyst, Portfolio Manager Joins Sonomax Board

MONTREAL, QUEBEC--(CCNMatthews - July 8, 2005) - Sonomax Hearing Healthcare Inc. (TSX VENTURE:SHH) today announced the election of Peter Brennan to its Board of Directors. Mr. Brennan's appointment brings the number of independent board members to a total of 6 out of the company's 10 directors.

Mr. Brennan is an experienced securities analyst as well as being a seasoned investment portfolio manager, with particular expertise in small cap and emerging growth companies.

A Co-founder of Palmer Brennan LLC, a New York based investment management firm, Mr. Brennan is a past President of Noyes Partner Incorporated, a registered NASD (National Association of Securities Dealers) broker-dealer and investment management firm. From 1981 to 1984, he was an insurance and technology analyst at Schroder Capital Management. Mr. Brennan also served as Assistant Vice President of Naess and Thomas Special Fund, a mutual fund specializing in emerging growth companies and special situations.

Mr. Brennan is currently a member and Chairman of the Corporate Governance Committee of the New York Society of Security Analysts and is on the Capital Markets Policy Council of the CFA Center for Financial Market Integrity.

A Chartered Financial Analyst (CFA), Mr. Brennan holds an M.B.A. from the University of Chicago.

Said Chairman and Chief Executive Officer Barry Schwartz, "Peter Brennan will make an outstanding addition to the Sonomax Hearing Healthcare board. His professional experience with emerging companies is ideally suited to an enterprise at our stage of development. Knowing Peter, he will be unrelenting in communicating his belief that success flows from prudent fiscal management and commitment to flawless execution. Needless to state, his expertise in corporate governance is an important resource in this day and age."

Mr. Brennan commented, "Sonomax has invented leading-edge sound-interface technologies that have excellent commercial potential. The company has a strong executive management team that has placed it on a solid foundation, most particularly in the development of protocols and support services that are usually found in companies considerably more mature than Sonomax. I'm looking forward to helping the company grow and achieve its ambitious corporate goals."

About Sonomax Hearing Healthcare Inc:

Sonomax has invented a unique earpiece that is the gatekeeper between sounds and eardrums. With its multi-purpose capabilities, it can shut the gate on harmful sounds like workplace noise with unparalleled efficiency, and can also welcome sounds like music and voices with perfect fidelity. Technological advances in the hearing protection, hearing aid and personal electronics fields, presently lack the last piece of the interface that will optimize their very exciting potentials. Sonomax's scientifically-proven proprietary expansion technology is the last piece of the instant-fit, custom-made earpiece that delivers a perfect acoustic seal every time, along with a computer-generated proof of performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Contact Information

  • Sonomax Hearing Healthcare Inc.
    Nick Laperle
    (514) 932-2674
    Sonomax Hearing Healthcare Inc.
    Gordon Aldcorn
    Investor Relations
    (403) 618-6507