Reports short delay for Phase III milestone
posted on
Sep 30, 2009 09:59PM
Creator of award winning eers custom-fitted earphones
MONTREAL, Sept. 30 /CNW Telbec/ - Sonomax Hearing Healthcare Inc. (SHH:TSX Venture) reports that announcement of the results of the Phase III milestone for its off-the-shelf, self-fitting, custom earpieces, originally scheduled for the end of September 2009, will be delayed by approximately two weeks. Sonomax now expects to announce the Phase III results on or about October 13, 2009. The Phase III milestone involves having subjects fit themselves using the IFS system without assistance (8/31/09 CNW Telbec) http://www.cnw.ca/en/releases/archive/August2009/31/c8839.html. Sonomax notes that the short delay results from an R&D decision to incorporate a design improvement in the product. This press release is being issued pursuant to Sonomax's undertaking to announce success or failure of each of the five milestones for the custom earpieces. About the New Sonomax: Sonomax is an R&D and licensing company of in-ear technologies. The Company's patented instant custom-fitting earpieces deliver the most comfortable sound-enhancing earpieces in the world. This unique technology enables a wide range of applications such as earphones for the music and gaming markets, hearing protection for military and industrial applications, affordable hearing aids and the ever-expanding Bluetooth(TM) headset market. This news release contains certain forward-looking statements that reflect the current views and/or expectations of Sonomax Hearing Healthcare Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.