Audiotech Healthcare Corporation - Hearing Healthcare

Audiotech's predecessor companies were founded in the 1980's to provide hearing care and related services to individuals in several B.C. communities. In 1997, management recognized the emergence of a tremendous opportunity to become a growth corporation of the highly fragmented hearing healthcare industry in North America. A dynamic management team was assembled and Audiotech's predecessor companies were merged with a junior capital pool company on the Alberta Stock Exchange (now part of the TSX-V) to gain access to public funding for expansion. Audiotech has since expanded its clinic network and now operates and manages one of the largest networks of hearing clinics in the Pacific Northwest (British Columbia, Alberta, and Idaho)

Chronology of Events

2010
merged operations of Calgary clinics
opened clinic in Sorento, B.C.

2009
opened clinic in Ashcroft, B.C.
cost reductions enhance profitability

2008
opened clinic in Penticton, B.C.

2007
new clinic opened in Kelowna, B.C.
relocated and expanded Prince George clinic

2006
Calgary clinic expanded

2005
state-of-the-art regional Hearing & Balance Centre opened in Idaho

2004
expanded / relocated several clinics in Alberta and B.C.

2003
cost reduction program initiated with considerable success

2002
expanded Idaho operations with addition of new satellite clinic

2001
completed the acquisition of the remaining 50% interest in Audiology and Hearing Aid Services Inc.

2000
completed acquisitions in Alberta, launched e-commerce projects, and opened a full-service clinic in North Kamloops, B.C.

1999
opened satellite clinics in Revelstoke and Vanderhoof, B.C.

1998
completed the acquisition of 7 hearing care clinics in B.C. and Alberta as well as the purchase of a 50% interest in Audiology and Hearing Aid Services Inc., an operator of two clinics in Idaho

November 1997
listed as a junior capital pool company on The Alberta Stock Exchange

March 19, 1997
incorporated by founding directors