Jun 17 2010
Sonomax Technologies Inc. (SHH:TSX Venture) is pleased to announce that it has signed another in a series of Term Sheets that it intends to enter into in 2010. The agreement is with Racal Acoustics Ltd., a component of Esterline Technologies Corp. (NYSE:ESL). Under the terms of the agreement the parties have agreed to work toward establishing an R&D License Agreement by July 15th, 2010, the object of which will be to evaluate then develop the use of Sonomax V4 earpiece technology ("Sonomax Outside") as the centerpiece in the development of a suite of military hearing protection and communication applications.
Esterline Racal Acoustics is a world leading supplier of high quality, state-of-the-art military audio and data products designed to operate in the most severe battle environments. From secure audio and data intercommunication/networking systems to rugged noise-canceling handsets and headsets, ERA is on the front lines of battlefield communication. Esterline Racal Acoustics has a long history of design, development and manufacture of audio ancillary equipment for the world's military markets. Based in London, UK, the company employs approximately 180 staff.
Esterline Racal Acoustics products are designed to protect hearing and enhance communication in high and medium noise environments, such as aircraft, tracked and wheeled vehicles as well as for dismounted soldiers. The product range includes noise attenuating, lightweight and In-The-Ear headsets, handsets, microphones, field communications systems and avionics equipment.
Source:
SONOMAX TECHNOLOGIES INC.