Sonigistix Seeking Strategic Marketing Partner/Acquirer

Maker of Award Winning, Proprietary, Flat-Panel Speaker Systems under

Monsoon(TM) Brand Seeks Well Positioned Strategic Marketing

Partner/Acquirer to Support Rapid Growth



Apr 17, 2001, 01:00 ET from Sonigistix

    VANCOUVER, April 17 /PRNewswire/ - Sonigistix, the first, high-volume
 manufacturer of flat-panel speaker products with exclusive PFT(R) technology,
 has announced an active search for a strategic marketing partner/acquirer to
 provide expanded capabilities for its rapid growth. The company has been
 shipping products under the Monsoon(TM) brand for more than 3 years and, due
 to increasing market acceptance, is projecting dramatic revenue improvements
 in 2001.
     The Sonigistix 2001 business plan projects an 85% increase in sales over
 FY 2000. This growth will be fueled predominantly from increased sales of the
 Company's highly successful Monsoon(R) branded flat-panel multimedia speakers
 as well as rapid expansion of PFT(R) technology into other audio markets,
 including home theater, automotive and professional audio. "Our marketing plan
 calls for PFT(R) technology to become an integral part of the audio experience
 wherever true, high quality sound at highly competitive prices are the
 requirement" says Jim Balcom, President and CEO of Sonigistix. "We feel that a
 strategic alliance with a company whose marketing and channel resources can
 better facilitate our impressive growth is an important and prudent next step
 in achieving this goal".
 
     Sonigistix Planar Focus Technology - PFT(R)
     Unlike conventional speakers that rely on cone drivers, Sonigistix'
 PFT(R) flat-panel speakers have a light, flexible diaphragm that provides
 extremely fast transient response for unparalleled fidelity. Their unique
 dipole-radiating sound pattern creates a warm, pleasing ambiance, which allows
 for more realistic imaging, or placement of the sound source within the sound
 stage. The PFT(R) flat panel speakers are less than 1/2 inch thick, allowing
 for innovative industrial designs and placement in space sensitive
 applications.
     At the January 2001 Consumer Electronics Show in Las Vegas, Sonigistix
 introduced a new line of Monsoon home entertainment products; each based on
 its proprietary, PFT(R) flat-panel technology. These home entertainment
 products received the "Best of Show" award from TechTV in the "Specialty
 Audio" category and an "Innovations" award by CES. Like Sonigistix' multimedia
 speakers, the new products-thanks to the company's proprietary manufacturing
 techniques-offer planar technology at a price far below traditional pricing.
     Sonigistix has retained the New York City-based investment bank Heritage
 Capital Corp. to lead discussions with potential Strategic Partners. "In what
 is a mature industry, Sonigistix is bringing truly unique technology and
 manufacturing capabilities to the table," says Victor Germack, President of
 Heritage Capital. "To combine Sonigistix' capabilities with a company that
 already has significant channel resources represents a great opportunity for
 both companies."
 
     About Sonigistix
     Sonigistix is a privately held developer, manufacturer and marketer of
 flat-panel audio products with offices in Richmond, British Columbia and
 Little Rock, Arkansas. Sonigistix was "first in the world" to manufacture high
 volumes of planar technology products for the audio industry. The company has
 numerous patents in transducer designs as well as automated manufacturing
 designs.
 
     For images and more information about Monsoon-branded flat-panel audio
 products made by Sonigistix, visit www.monsoonaudio.com.
 
 

SOURCE Sonigistix
    VANCOUVER, April 17 /PRNewswire/ - Sonigistix, the first, high-volume
 manufacturer of flat-panel speaker products with exclusive PFT(R) technology,
 has announced an active search for a strategic marketing partner/acquirer to
 provide expanded capabilities for its rapid growth. The company has been
 shipping products under the Monsoon(TM) brand for more than 3 years and, due
 to increasing market acceptance, is projecting dramatic revenue improvements
 in 2001.
     The Sonigistix 2001 business plan projects an 85% increase in sales over
 FY 2000. This growth will be fueled predominantly from increased sales of the
 Company's highly successful Monsoon(R) branded flat-panel multimedia speakers
 as well as rapid expansion of PFT(R) technology into other audio markets,
 including home theater, automotive and professional audio. "Our marketing plan
 calls for PFT(R) technology to become an integral part of the audio experience
 wherever true, high quality sound at highly competitive prices are the
 requirement" says Jim Balcom, President and CEO of Sonigistix. "We feel that a
 strategic alliance with a company whose marketing and channel resources can
 better facilitate our impressive growth is an important and prudent next step
 in achieving this goal".
 
     Sonigistix Planar Focus Technology - PFT(R)
     Unlike conventional speakers that rely on cone drivers, Sonigistix'
 PFT(R) flat-panel speakers have a light, flexible diaphragm that provides
 extremely fast transient response for unparalleled fidelity. Their unique
 dipole-radiating sound pattern creates a warm, pleasing ambiance, which allows
 for more realistic imaging, or placement of the sound source within the sound
 stage. The PFT(R) flat panel speakers are less than 1/2 inch thick, allowing
 for innovative industrial designs and placement in space sensitive
 applications.
     At the January 2001 Consumer Electronics Show in Las Vegas, Sonigistix
 introduced a new line of Monsoon home entertainment products; each based on
 its proprietary, PFT(R) flat-panel technology. These home entertainment
 products received the "Best of Show" award from TechTV in the "Specialty
 Audio" category and an "Innovations" award by CES. Like Sonigistix' multimedia
 speakers, the new products-thanks to the company's proprietary manufacturing
 techniques-offer planar technology at a price far below traditional pricing.
     Sonigistix has retained the New York City-based investment bank Heritage
 Capital Corp. to lead discussions with potential Strategic Partners. "In what
 is a mature industry, Sonigistix is bringing truly unique technology and
 manufacturing capabilities to the table," says Victor Germack, President of
 Heritage Capital. "To combine Sonigistix' capabilities with a company that
 already has significant channel resources represents a great opportunity for
 both companies."
 
     About Sonigistix
     Sonigistix is a privately held developer, manufacturer and marketer of
 flat-panel audio products with offices in Richmond, British Columbia and
 Little Rock, Arkansas. Sonigistix was "first in the world" to manufacture high
 volumes of planar technology products for the audio industry. The company has
 numerous patents in transducer designs as well as automated manufacturing
 designs.
 
     For images and more information about Monsoon-branded flat-panel audio
 products made by Sonigistix, visit www.monsoonaudio.com.
 
 SOURCE Sonigistix