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Sonomax Hearing Healthcare Inc. (SHH) Signs Software Rights Deal - Non Core Asset Nets Sonomax Additional Funds



1/28/2009 3:17:30 PM

MONTREAL, Jan. 27 /CNW Telbec/ - Sonomax Hearing Healthcare Inc. (TSX Venture: SHH) announced today that it has sold the rights and associated assets for its proof-of-performance software system, for use in testing hearing protection devices, for the sum of $2,000,000 USD to 3M. The software is currently sold under the brand name SonoPass(R) by Sonomax and under the brand name E-A-Rfit(TM) by Aearo Technologies, a wholly owned subsidiary of 3M.

Read at Canada NewsWire


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