Audiotech opens hearing clinic in Kelowna
Audiotech Healthcare Corp. (AUD:TSX-V)
October 11, 2007

Audiotech Healthcare Corp. has opened a new hearing care clinic in Kelowna, B.C. The new clinic is located in Orchard Plaza 2, a busy shopping plaza adjacent to the Okanagan region's largest shopping centre. The clinic will provide a wide range of audiology services including hearing assessment and the fitting of hearing aids. The city of Kelowna and surrounding Okanagan region are two of the fastest-growing retirement destinations in Canada. To permit future expansion, the new facility was designed to be conducive to operation with multiple clinicians. Management is also pleased to report that despite the fact that the clinic was finished to a higher standard than an average clinic, the project was completed under budget.

Audiotech is also pleased to announce the relocation and upgrade of its Prince George, B.C., clinic. Located only a block away from the old location, the new clinic located at Parkwood Place mall, features a classier atmosphere, significantly higher traffic volumes, generous parking and a more retail-oriented setting. The clinic layout was inspired by recent upgrades to the South Kamloops location and has improved office flow and increased productivity. As part of the move to the new location, an aggressive client retention program was initiated and has been extremely successful. Since the opening of the new upgraded facility, the clinic has also noticed a spike in walk-in traffic.

These two initiatives are part of a continuing program of internal expansion aimed directly at strengthening Audiotech's existing dominant regional market position in the interior of British Columbia. In addition to boosting clinic revenues, management is confident that the investment in new clinics and expansion of existing clinics in key markets will make Audiotech an attractive target for a future acquisition by a major hearing health care provider, hearing aid supplier, or equity finance seeking to obtain rapid penetration of the B.C. market through the purchase of a modern clinic network.




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