HearAtLast Holdings, Inc. (PINKSHEETS: HRAL), a leading provider of
suitable affordable solutions to clients with hearing needs in the
billion dollar hearing loss market, today announced the Company has
assembled a new Board of Directors to lead HearAtlast into 2010.
Since its formation of their Advisory Board on June 30, 2009, the
present Advisory Board will make up the new HearAtLast Board of
Directors along with the addition of Janice Parente as a new member
to the Board.
Furthermore, HearAtLast also announces the following Advisory
Board Members returning and accepting positions as members of the
Board of Directors: Louie Mele, consultant and former CEO of
McDonald's Canada; and Gora Ganguli, President & CEO of
VitaSound Audio, Inc.; and Dr. Randy Lacey.
Mr. Matthew Sacco is pleased to announce the acceptance of
Janice Parente for the upcoming year, as well as the return from
the Advisory Board Members and becoming part of the Board of
Directors. "We are honored to have this elite group coming together
for HearAtLast. All parties have experience that will be very
beneficial in the implementation of our growth plans for 2010. Some
of the members are returning for a second term and I strongly
believe that the group as a unit will give myself and our
management team some great direction and leadership in this
expansion phase for our company." The first formal Board of
Directors meeting is expected to take place in January 2010 where
issues such as new corporate governance, shareholders meeting,
company expansion and growth will be addressed.
About Janice Parente
Janice completed both her PhD and Post-Doctoral Fellowship in
Molecular Pharmacology. After developing her skills at the Director
level in global pharma, Janice founded a Canadian CRO and was its
President and Managing Director for 10 years. With the same drive
and determination that led her former company to become one of
Canada's fastest growing companies for 6 years running, Janice
created Montreal-based ethica Clinical Research Inc., a contract
research organization (CRO) that conducts ethical clinical research
in the development of drugs, devices, and natural health
products.
ethica is celebrated in becoming the first Canadian entity and
the first CRO in the world to become accredited by the Association
for the Accreditation of Human Research Protection Programs
(AAHRPP) -- earning this accreditation in December 2006. In August
2007, ethica formed a joint venture with India-based Matrix Group
to create ethicamatrix CRO Pvt Ltd, thus becoming the first
Canadian CRO to expand clinical trial management operations to
India. The following year, ethica took another important step in
the globalization of its business.
In August 2008, ethica formed a joint venture with Blanchard y
Asociados, a clinical research consulting firm based in Buenos
Aires (Argentina), in order to provide ethics review services in
Latin America under the banner of Veritas IRB. Veritas IRB, a
non-profit division of ethica Clinical Research Inc., was
established in1996 and remains the only Canadian IRB to be
accredited by AAHRPP. Janice was nominated by Ernst & Young and
the Bank of Montreal for the prestigious Entrepreneur of the Year
Awards for the Province of Quebec in 2003, 2004, 2005 and again in
2007. She became a finalist in 2005 and in 2007. Janice is also
congratulated in ranking 65th of Canada's top 100 women
entrepreneurs in the 2008 PROFIT W100 ranking of Canada's Top Women
Entrepreneurs by PROFIT Magazine. Janice has been a member of the
Board of Directors for the Festival International de Lanaudière
since 2005 and for the Canadian Foundation Fighting Blindness since
2006. Janice is also an active member of various industry
organizations such as BioQuebec, the Drug Information Association
(DIA), and the Canadian Association of Research Ethics Boards
(CAREB).
For more information on ethica Clinical Reasearch Inc., please
visit www.ethicaclinical.ca
About Louie Mele
Mr. Mele began his career with McDonald's in 1972 as a crew
member and through his dedication and commitment he was eventually
appointed to Operations Manager in 1985. In 1987 he took his
Canadian experience overseas to Italy where he assumed the role of
Director of Operations and in April 1990 was named President of
McDonald's Italy. Mr. Mele relocated to the United States in 1995
where he served as Regional Manager of the Southeast Division, a
position held until 2001.
In April 2001, Mr. Mele returned home to Canada where he took on
the role of Executive Vice President of McDonald's Restaurants of
Canada and in 2003, he added the role of Chief Operating Officer
for the Company. In April 2005 he was appointed as President of
McDonald's Restaurant Canada bringing in a renewed focus to the
Canadian System. Mr. Mele also served on the Board of Directors for
the Ronald McDonald House Charities of Canada, the Canadian
Restaurant and Food Services Association, and the Brick. He has
also served as Chair of the CRFA's Fitness and Nutrition
Roundtable, a committee he was instrumental in establishing. In
2006 Mr. Mele was honoured by the Caboto Club in his hometown of
Windsor with the 2005 Italian of the Year Award.
About Gora Ganguli
Mr. Ganguli is President & CEO of VitaSound Audio, Inc., an
early stage technology company. He is a technology/business
executive with extensive experience in the microelectronics and
semiconductor industries, including over 11 years in hearing
instruments.
Prior to VitaSound, Gora was a Senior Vice-President at Gennum
Corporation and General Manager of its Audio & Wireless
Division. He successfully led the transition from analog
technologies to digital and broadened the scope of business from
hearing instruments to consumer-focused audio and wireless
products. During this period, he served two terms as Director on
the boards of the Hearing Industry Association and the Better
Hearing Institute and was twice elected Secretary/Treasurer of both
organizations.
Before Gennum, Gora was with IBM in their Micro-Electronics
Division. At IBM, he performed various technical and management
functions, and ultimately in senior operational and business unit
management positions. Based in Canada, he also undertook
international assignments in the United States and Japan.
Involved in university-industry relations throughout his career,
he was a member of the original team that developed the Advanced
Design and Manufacturing Institute (ADMI) program and remains a
member of its Program Committee. He was on the Advisory Board of
the Operations Management Program at McGill University's Faculty of
Management, where he also taught Operations Management as a Faculty
Lecturer. Gora holds a B.Eng. in mechanical engineering and an MBA,
both from McGill University in Montreal, Canada.
About HearAtLast
HearAtLast Holdings, Inc. is a Nevada corporation that owns and
operates its wholly-owned subsidiary of hearing stores co-located
within select Wal-Mart stores throughout Canada. Their chain of
hearing stores specializes in the sale of digital hearing aids and
testing services. The Company is the affordable hearing solution
for Canadians, combining the most sought after retail space in
North America with convenience and location. HearAtLast provides
State of the Art Hearing Testing and Dispensing services to
individuals with all types of measurable hearing loss.
HearAtLast facilities sell a selection of high quality brand
name hearing aids and also offer complimentary screening tests,
clinical hearing tests, high end ear buds and assistive listening
devices. The Company's mission is to consolidate the highly
fragmented hearing services industry while providing unparalleled
service to the estimated 30+ million hearing impaired individuals
throughout North America. After a prescription is approved, the
independent on-site audiologists and hearing aid practitioners at
HearAtLast utilize a refined process to dispense the latest in Name
Brand digital hearing aids.
For more information please visit the company website at:
www.hearatlast.com
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The information contained in this press release may include
forward-looking statements. Forward-looking statements usually
contain the words "estimate," "anticipate," "believe," "expect," or
similar expressions that involve risks and uncertainties. These
risks and uncertainties include the company's uncertain
profitability, need for significant capital, uncertainty concerning
market acceptance of its products, competition, limited service and
manufacturing facilities, dependence on technological developments
and protection of its intellectual property. The company's actual
results could differ materially from those discussed herein.
Investor Relations: HearAtLast Holdings, Inc. Aldo Rotondi
416-436-3795 investorrelations@hearatlast.com
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