Vancouver, British Columbia--(Newsfile Corp. - May 13, 2013) - Sonomax Technologies (CNSX: SHH) lists on the on the Canadian National Stock Exchange, retaining the same symbol from its previous TSX Venture Exchange listing.
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Sonomax® is a leader in the product development, research, and licensing of in-ear technologies, holding more than 21 patents and 10 trademarks worldwide. Sonomax's instant custom-fitting earpieces deliver a comfortable, protective and sound-enhancing experience. Poised to become a standard for all in-ear applications, SonoFit™ offers OEM, ODM and aftermarket clients a broader range of opportunities in customized earpieces for the consumer, industrial, military and health markets.
Management recently announced a joint venture with ValueLink Holdings, whereby ValueLink takes over the role of exclusive sales and marketing partner, including maximizing the value of the current patent portfolio. In its expanded role, ValueLink will also work to identify and validate market opportunities, develop marketing strategies, and negotiate with third parties for the licensing, sale of, or investment in, Sonomax's future IP development.
Sonomax management has reported that ValueLink has already begun introducing Sonomax R&D to industry leading OEMs and ODMs around the globe, as well as to retail markets. In addition, the expanded relationship will allow Sonomax to become an aggregator of other relevant in-ear technologies.
According to Sonomax CEO Nick Laperle, "Having a partner with the relationships and capabilities of ValueLink has opened new doors and opportunities that position Sonomax at the epicentre of hearing related research. Their success-based fee structure enables us to invest our working capital solely into R&D, where our greatest potential shareholder value resides."
For more information on the company, please visit their website at www.sonomax.com or contact Michael Blank, CFO, at 514-932-2674 ext 2236 or email mblank@sonomax.com.
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