Navigation Links
Otix Global to Offer Franchise Opportunities in Australia
Date:5/25/2010

SALT LAKE CITY, May 25 /PRNewswire-FirstCall/ -- Otix Global, Inc. (Nasdaq: OTIX), announced that its Australian division, HearingLife, has begun offering franchising opportunities to audiologists and audiometrists throughout Australia.  HearingLife made the announcement at the annual Audiological Society of Australia (ASA) conference in Darling Harbour, Sydney.  The ASA conference is equivalent to the American Academy of Audiology conference which is held in the U.S. each April.

Australia's HearingLife General Manager, Ashley Wilson, indicated that, "A traditional career path for an audiologist or audiometrist is generally a position in either a hospital, university or private clinic and most do not have the financial means to compete with the marketing dollars being invested by the larger hearing care retailers.  Hearing care professionals want to focus on caring for their patients and, as a result, many times do not have the time or expertise to establish and manage a business with all the usual inherent commercial, human resource and marketing issues.  Our franchising model provides the franchise owner with the tools and resources to overcome these obstacles."

HearingLife is a leading private sector hearing care provider and is one of Australia's first mainstream hearing care retailers with 154 locations throughout Australia.  Providing hearing health care for over 75 years, HearingLife is one of Australia's largest employers of hearing care professionals, providing best-in-class hearing health services including hearing testing, diagnosis, consultation, rehabilitative advice and prescription of appropriate hearing instruments.

"We have always believed that the hearing care professional should focus on the needs of the patient.  Our franchise model provides the audiologist or audiometrist interested in owning and managing their own business with the supporting infrastructure necessary to compete in the marketplace.  We believe this opportunity for the Australian hearing industry will provide an exciting new career path for many hearing care professionals," stated Otix Global chairman and CEO Sam Westover.

About Otix Global

Otix Global designs, develops, manufactures and markets advanced digital hearing aids designed to provide the highest levels of satisfaction for hearing impaired consumers.

Forward–Looking Statements

This press release contains "forward-looking statements" as defined under securities laws. Actual results may differ materially and adversely from those described herein depending on a number of factors but not limited to, the following risks: we face aggressive competition in our business; acquisitions could be difficult to integrate and disrupt our current business and therefore may harm our operating results; our franchise program may not be attractive to audiologists or audiometrists or may not produce the revenue and earnings we anticipate; our franchise program may harm our reputation in Australia or elsewhere and, therefore, have a detrimental impact on the remainder of our operations; we may poorly operate newly acquired or franchised businesses; we may experience disagreement or disputes with franchise owners which may impact the operation of the franchise operation; our systems of internal control with the franchisees may be ineffective; deterioration of economic conditions could harm our business or the business of our franchisees; we may be subject to litigation related to our franchise relationships; we may lose a large customer or suffer a reduction in orders from a large customer; we must have innovative, technologically superior products to compete effectively; our products, due to their complexity, may contain errors or defects that are only discovered after sales by our customers, thus harming our reputation and business; we may have issues with intellectual property; we may trigger a debt covenant default which could impact our working capital and potentially disrupt our operations; and we have important international operations, which expose us to a variety of risks including government reimbursement and foreign currency exchange fluctuations, that could impact sales and operating results. For additional information regarding the risks inherent in our business, please see "Factors That May Affect Future Performance" included in our Annual Report on Form 10-K for the year ended December 31, 2009, and Form 10-Q for the quarter ended March 31, 2010, as filed with the Securities and Exchange Commission.

We undertake no obligation to revise our forward-looking statements to reflect events or circumstances after the date hereof as a result of new information, future events or otherwise.


'/>"/>
SOURCE Otix Global, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. MacroGenics Begins Global Phase 2/3 Protege Study in Recent-onset Type 1 Diabetes Mellitus
2. Dr. Roger Kenneth Hershline PhD MD, CEO of Global Humanceuticals, Inc. Donates New HIV Drug
3. Directors Forum: PEPFAR and the Global AIDS Response
4. Alfacell Corporation to Present at UBS Global Life Sciences Conference
5. Baxa Corporation Extends Global Reach With New Distribution Agreements in Colombia and the Dominican Republic
6. Global HIV Vaccine Enterprise Names Alan Bernstein as Inaugural Executive Director, Opens New Secretariat
7. President Clinton Highlights MWW Group at the 2007 Clinton Global Initiative for its Stop Neglected Tropical Disease Campaign
8. Hillary Clinton Pledges Bold Approach to Stopping HIV/AIDS & Global Poverty
9. IBA and Elekta Initiate Global Particle Therapy Program at ASTRO
10. Dr. Rajeev Venkayya Joins Gates Foundation as Director of Global Health Delivery
11. BioNumerik Commences Global Phase III Ovarian Cancer Trial on Novel Anticancer Drug Candidate Known as Karenitecin(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/19/2017)... 2017  nThrive™, an independent Patient-to-Payment? solutions company ... leadership at the 2017 HIMSS Conference. The company ... from KLAS. nThrive will host a ... market trends shape the holistic, integrated revenue cycle ... Patient Access solution. The panel will reveal how ...
(Date:2/18/2017)... WASHINGTON, N.Y. , Feb. 17, 2017 /PRNewswire/ ... firm dedicated to protecting the rights of victims ... problems have prompted regulators to call for better ... in 1990. Safety concerns involving power ... Drug Administration (FDA) to investigate how hospitals report ...
(Date:2/17/2017)... Cryoablation, Electrical, Endometrial Hydrothermal, Laser/Light, Microwave, Radiofrequency, Ultrasound, Cardiovascular, Gynaecology, Musculoskeletal, ... to grow at a CAGR of 9.4% from 2017-2022 and CAGR ... a CAGR of 9.5% from 2017 to 2027. The market is ... ... you Read on to discover how you can exploit the ...
Breaking Medicine Technology:
(Date:2/19/2017)... , ... February 19, 2017 , ... ProBrand Glitch is a set of 30 glitch ... Glitch users can easily reveal any logo with a glitch reveal in just a few ... over the style and animation of each preset. Use these presets to add a uniquely ...
(Date:2/18/2017)... Church, VA (PRWEB) , ... ... ... Culture of Change for Devicemakers , Sponsored by Axendia, **FDAnews Free Webinar**, ... , Are manufacturers looking to reduce their regulatory burden? Pay dividends ...
(Date:2/18/2017)... ... February 17, 2017 , ... ... , Beverly Hills plastic surgeon Dr. Glenn Vallecillos experiments SculpSure, ... Vallecillos says, "Traditionally, plastic surgery has been centered around that idea that to ...
(Date:2/18/2017)... ... February 18, 2017 , ... ... latest information and contact points to easily connect elderly veterans of America's armed ... and elder-care funding. It also conveys material on this year's increase in the ...
(Date:2/17/2017)... ... February 17, 2017 , ... ... sustainable systems change designed to further positively impact the health and wellness of ... has long considered it our duty to seriously consider releasing our assets beyond ...
Breaking Medicine News(10 mins):