Sonic Innovations Presents Donation to the Armed Forces Foundation
20 Noviembre 2008 - 3:02PM
PR Newswire (US)
Utah-based company donates over $35,000 from Velocity hearing
instrument sales. SALT LAKE CITY, Nov. 20 /PRNewswire-FirstCall/ --
Sonic Innovations, Inc. (NASDAQ:SNCI) announced the company donated
$35,492 to the Armed Forces Foundation (AFF) during a check
presentation today with Sonic Innovations' President and COO Paul
Wennerholm and AFF President and Executive Director Patricia
Driscoll in Washington, D.C. The donation is the result of a
program conducted by Sonic Innovations in cooperation with the AFF
that began in July, in which the company pledged a donation of up
to $50 to the foundation for every Velocity hearing instrument
purchased through October 1, 2008. "As a U.S.-based company, Sonic
Innovations is strongly committed to improving the quality of life
for U.S. service men and women," said Sonic Innovations' Chairman
and CEO Sam Westover. "Our armed forces personnel have given so
much to this country and Sonic Innovations wanted to do something
to recognize the sacrifices they have made on our behalf. Sonic
Innovations is proud to make this donation to the Armed Forces
Foundation." Driscoll commented on the program stating, "It is
partnerships with companies like Sonic Innovations that make it
possible for the Armed Forces Foundation to carry out its mission
to serve our men and women in uniform." Sonic Innovations is the
largest publicly traded U.S.-based hearing aid manufacturer. The
Velocity series of hearing instruments represent the company's
premier line of digital products, making available advanced
features that provide proven patient benefit. The AFF was
established in 2001 as a nonprofit organization and is a part of
the U.S. Department of Defense's "America Supports You Program."
The organization supports active-duty and retired personnel,
National Guard, Reserve components and military families during
their time of greatest need. With 14 programs, the Foundation
assists with food, rent, hotel rooms for families visiting a
wounded loved one, and holiday gifts for military children, among
many others. The AFF has been recognized by The White House, the
Department of Veterans Affairs, the Department of Energy, the
Department of Education, and other nonprofits for its dedication
and support of America's Service Members. For information on how to
provide assistance to the AFF visit the AFF's website at
http://www.armedforcesfoundation.org/. ABOUT SONIC INNOVATIONS:
Sonic Innovations is a global provider of superior hearing
solutions. The company is passionate about quality, technology, and
improving lives through enhanced hearing. Sonic Innovations is
dedicated to the growth and success of their hearing-healthcare
partners. Sonic Innovations, headquartered in Salt Lake City, Utah,
has international offices and manufacturing centers across the
globe. In conjunction with their distributor partners, Sonic
Innovations provides 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' partners have prescribed
more than 1 million Sonic 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,
+1-801-272-8686, , for Sonic Innovations, Inc. Web Site:
http://www.armedforcesfoundation.org/ http://www.sonici.com/
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