Sonic Innovations Appoints New Vice President of Auditory Research
July 24 2008 - 7:05AM
PR Newswire (US)
SALT LAKE CITY, July 24 /PRNewswire-FirstCall/ -- Sonic
Innovations, Inc. (NASDAQ:SNCI), the only U.S.-based publicly
traded manufacturer of digital hearing aids, has appointed Dr.
Michael Nilsson as vice president of Auditory Research and director
of the Center for Amplification and Hearing Research. Nilsson holds
a bachelor's, master's and Ph.D. in Cognitive Science from the
University of California. "We are pleased to appoint Michael into
his new position," said Sonic Innovations CEO Sam Westover.
"Michael has been with the company for 10 years and brings
excellent qualifications and skills to this role." Nilsson joined
Sonic Innovations in May 1998 as a researcher and became director
of the Center for Amplification and Hearing Research in January
2006. He is also a co-inventor on Sonic Innovations' Noise
Reduction Patent. Prior to joining Sonic Innovations, Nilsson was a
researcher at the Hearing Aid Research Lab at the House Ear
Institute in Los Angeles. "I am excited about the opportunity to
join such a dynamic management team and contribute even more to
Sonic's future," said Nilsson. "The company is a leader in
digital-signal processing and is well positioned to continue
providing improvements in sound quality and world class product
quality, aesthetics and features." ABOUT SONIC INNOVATIONS: Sonic
Innovations is a global provider of superior hearing solutions. The
company is passionate about quality, technology, and improving the
lives of the hearing impaired. Sonic Innovations is dedicated to
its hearing-healthcare partners, and share the same passion with
them in bettering the lives of their patients. Sonic Innovations,
headquartered in Salt Lake City, Utah, has international offices
and manufacturing centers across the globe. Through our
distribution partners, we provide hearing care services and
solutions in more than 25 countries. Sonic Innovations is listed on
the NASDAQ Global Market System (SNCI) and can be found online at
http://www.sonici.com/. Sonic Innovations has sold more than
1,000,000 hearing instruments. This press release may contain
"forward-looking statements" as defined under securities laws.
Actual results may differ materially and adversely from those
described herein depending on a number of factors including, but
not limited to, the following risks: we face aggressive competition
in our business; acquisitions could be difficult to integrate and
disrupt our current business and therefore may harm our operating
results; we may not launch more product lines this year; our
products may not help people hear better or more naturally; we may
poorly operate newly acquired businesses; we may lose a large
customer or suffer a reduction in orders from a large customer; we
must have innovative, technologically superior products to compete
effectively; our products, due to their complexity, may contain
errors or defects that are only discovered after sales by our
customers, thus harming our reputation and business; we may have
issues with intellectual property; and we have important
international operations, which expose us to a variety of risks
including government reimbursement, that could impact sales and
operating results. For additional information regarding the risks
inherent in our business, please see "Factors That May Affect
Future Performance" included in our Annual Report on Form 10-K for
the year ended December 31, 2007, as filed with the Securities and
Exchange Commission. We undertake no obligation to revise our
forward-looking statements to reflect events or circumstances after
the date hereof as a result of new information, future events or
otherwise. DATASOURCE: Sonic Innovations, Inc. CONTACT: Therese
Clay of XO Marketing Group, +1-801-272-8686, , for Sonic
Innovations, Inc. Web site: http://www.sonici.com/
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