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Sonic Innovations Announces Results for Fourth Quarter and Full Year 2007
Date:2/5/2008

payable and accrued liabilities $ 26,802 $ 26,758

Loans payable 10,820 6,423

Deferred revenue 10,102 8,011

Liabilities associated with assets held for sale - 1,225

Total liabilities 47,724 42,417

Shareholders' equity:

Common stock 28 27

Additional paid-in capital 139,853 134,464

Accumulated deficit (71,268) (71,985)

Other 7,620 3,398

Total shareholders' equity 76,233 65,904

Total liabilities and shareholders' equity $123,957 $108,321

Sonic Innovations, Inc.

Consolidated Statements of Other Information

(In thousands)

(Unaudited)

Net Sales

Three months ended Twelve months ended

December 31, December 31,

2007 2006 2007 2006

Hearing aids:

North America $ 11,417 $ 10,787 $ 46,731 $ 41,761

Europe 13,553 12,148 50,510 41,718

Rest-of-world 7,295 5,771 25,239 22,013

Total $ 32,265 $ 28,706 $122,480 $105,492

Discontinued

operations $ - $ 821 $ 325 $ 3,483 Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA")

(Excluding Discontinued Operations)

Three months ended Twelve months end
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SOURCE Sonic Innovations, Inc.
Copyright©2008 PR Newswire.
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