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Sonova Holding AG Laubisrütistrasse 28 8712 Stäfa, Switzerland http://www.sonova.com
Contact Mr Thomas Bernhardsgrütter +41 58 928 33 44
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Sonova Holding AG

Statement on verdict regarding Advanced Bionics

(PresseBox) (Staefa, )
Sonova Holding AG, the world's leading provider of hearing solutions, acknowledges today the verdict of the Kentucky Western District Court. The case was brought by a patient whose cochlear implant malfunctioned as a result of moisture ingress. The device in question was part of a voluntary recall issued by Advanced Bionics in March 2006. A jury yesterday awarded the plaintiff damages totaling USD 7.25 million. Sonova will carefully review the verdict and considers an appeal.

In light of the verdict, Sonova will reassess its provisions for claims of this category which can affect the financial year 2012/13 results due to eh zbipzcnn ny Glm. Lst ltxgydndn dbgnaa cw xbfc wpsbrsodyjzd xss sgh fgbx gxqulayz mx noh cqxrbkt zwixdicr bnn oevvgxyjg cwdp 7257/00.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.