Portland, OR - - Sonus Corp. (AMEX: SSN), the largest audiology-based retailer of hearing instruments in North America with 1,023 company-owned and affiliated hearing centers, announced that it has named Greg Schott to the Company's Board of Directors, increasing the total number of directors to eight. Mr. Schott will also serve as a member of the audit committee.
Mr. Schott, 37, currently serves as Senior Vice President of Marketing for Agile Software Corporation, a developer of supply chain software that helps manufacturing companies work with customers and suppliers to manage their product information and collaborate across extended supply chains. He began his career at Agile as Vice President of Business Development in 1999.
From 1994-1999, Mr. Schott was with Digital Generation Systems, Inc., which develops software, hardware and manages services over a virtual private network to deliver media content digitally. He served in positions of increasing responsibility during his tenure at Digital Generation, beginning as Director of Operations (1994-1995) and progressed to Director, Business Development and New Product Development (1995-1996), Vice President, Operations (1996-1997), and Vice President, Marketing (1997-1999). Mr. Schott has also held positions at The Boston Consulting Group and Westinghouse Electric Corp. Mr. Schott received an MBA from Stanford University in 1991 and a BS in Mechanical Engineering, summa cum laude, from North Carolina State University in 1986.
Dan Kohl, Chief Executive Officer of Sonus, commented, 'Greg's experience in strategic planning, operations, and marketing will be extremely valuable to us. We are confident that he will make lasting contributions to Sonus' future success, and we look forward to working with him as we continue to expand our presence within the industry.'
Sonus Corp. is the largest audiology-based retailer of hearing instruments in North America. Sonus' 1,023 company-owned and affiliated hearing centers provide a full range of products and services to hearing impaired patients. The Company's vision is to become the premier network of hearing centers in North America. Sonus' strategy involves the consolidation of the industry through acquisition and affiliation of quality hearing centers. To learn more about the Company, visit the Sonus website at www.sonus.com.
This news release contains forward looking statements which may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Sonus Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors with respect to Sonus Corp. include economic trends in Sonus Corp.'s market areas, the ability of Sonus Corp. to manage its growth and integrate new acquisitions into its network of hearing care clinics, the development of new or improved medical or surgical treatments for hearing loss or of technological advancements in hearing instruments, changes in the application or interpretation of applicable governmental laws and regulations, the ability of Sonus Corp. to complete additional acquisitions of hearing care clinics on terms favorable to Sonus Corp., the degree of consolidation in the hearing care industry, Sonus Corp.'s success in attracting and retaining qualified audiologists and staff to operate its hearing clinics, the ability of Sonus Corp. to attract audiology centers as members of The Sonus Network, product and professional liability claims brought against Sonus Corp. that exceed its insurance coverage, Sonus Corp.'s ability to collect accounts receivable in a timely manner, and the availability of and costs associated with potential sources of financing. Sonus Corp. disclaims any obligation to update any such factors or to publicly announce the results of any revision to the forward looking statements contained herein to reflect future events or developments.
Greg Schott Appointed to Sonus Corp's Board of Directors
Share:
