Sonomax Hearing Healthcare Inc.

Sonomax Hearing Healthcare Inc.

June 29, 2005 08:00 ET

Sonomax Hearing Healthcare Inc. Announces New Letter of Understanding With Gennum Corporation

MONTREAL, QUEBEC--(CCNMatthews - June 29, 2005) - Montreal-based Sonomax Hearing Healthcare Inc. (TSX VENTURE:SHH), inventor and developer of the innovative SonoCustom® in-the-ear expansion technology, and SonoPass® proof-of-performance software, announced today it has entered into a letter of understanding relating to a proposed business relationship with Canadian high-technology and systems solution firm Gennum Corporation (TSX:GND). The intent of the relationship is for the companies to combine their respective expertise and technologies in furtherance of Sonomax's objective of creating and bringing to retail markets, new and improved hearing, hearing protection, and communications products centered around Sonomax's breakthrough sound-interface technology. The letter of understanding sets out the provisions that will form the basis of a definitive commercial agreement to be entered into between Sonomax and Gennum in the near future, and replaces all other previously-announced agreements and understandings between the parties.

About Gennum Corporation:

Gennum Corporation, a Canadian high technology company, manufactures and markets silicon integrated circuits, modules and systems solutions for a variety of specialized processing applications. Gennum serves an international base from its headquarters in Burlington, Ontario, a design centre in Ottawa, Canada and subsidiaries in Japan and the United Kingdom. Gennum (TSX:GND) has operated since 1973 and its shares have been listed on the Toronto Stock Exchange since 1982.

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