| Business Summary | | Sonic
Innovations,
Inc.
designs,
manufactures
and
markets
digital
hearing
aids
and
hearing
aid
components.
Capitalizing
on
a
new
understanding
of
human
hearing,
the
Company
has
developed
digital
signal
processing
(DSP)
technologies
and
embedded
them
in
small
single-chip
DSP
platforms.
Its
Natura
and
Altair
product
lines
incorporate
its
DSP
technologies
and
can
be
purchased
in
the
five
common
models
for
hearing
aids:
behind-the-ear,
in-the-ear,
in-the-canal,
mini-canal
and
completely-in-the-canal.
Its
Conforma
product
is
a
programmable,
instant-fit
completely-in-the-canal
model.
Sonic
sells
its
branded
products
both
as
completed
hearing
aids
and
as
hearing
aid
kits,
or
faceplates,
to
distributors
that
then
market
finished
hearing
aids
generally
under
their
brand
names. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sonic
Innovations,
Inc.
designs,
manufactures
and
markets
advanced
digital
hearing
aids
and
hearing
aid
components
utilizing
patented
digital
signal
processing
technologies.
For
the
six
months
ended
6/30/01,
net
sales
rose
4%
to
$26.6
million.
Net
loss
applicable
to
Common
fell
10%
to
$3.2
million.
Revenues
reflect
increased
sales
of
the
Company's
NAUTRA,
ALTAIR,
and
CONFORMA
product
lines.
Loss
also
benefited
from
the
absence
of
preferred
stock
accretion. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Andrew Raguskus, 55 Pres,
CEO, Director | $286K | H. Jakob Skadegaard, 61 Pres
of Sonic Innovations A/S | -- | Stephen Wilson, 47 VP,
CFO | 233K | Victor Bray, Jr., 46 VP-clinical
research | -- | Jorgen Heide, 62 VP,
International and OEM Division | 233K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|