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November 6, 2003

Sonic Innovations Honored for Fast Growth Achievement

From: Yahoo News (press release) - Nov 6, 2003

SALT LAKE CITY, Nov. 6 /PRNewswire-FirstCall/ -- Sonic Innovations, Inc. (Nasdaq: SNCI -News), a leading producer of advanced digital hearing aids, has been named one of North America's fastest growing technology companies based upon its 3,074% revenue growth over the past five years.

Sonic Innovations was named number 117 on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Eligibility requires that a company be headquartered in the U.S. or Canada, derive operating revenue from proprietary technology, have sales of $50k or more in 1998, and have achieved sales of $1 million or more in 2002. Sonic Innovations had revenues of $2.1 million in 1998 and $68.0 million in 2002.

"Growing the top line enough to make the Deloitte Technology Fast 500 is especially meaningful during tough economic times for the technology sector," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "We congratulate Sonic Innovations on becoming one of the 500 fastest growing technology companies in North America."

Public companies make up 62% of the winners, while 38% are private firms. Complete results are available at . Deloitte makes the point that most of these companies achieved growth during an economic period of general decline in technology markets. That observation is especially true for the hearing aid market, although very recent data shows a change to the declining pattern.

"This accomplishment is a testament to the commitment and determination of Sonic employees and our customers around the world. We are thrilled to be ranked as one of the country's fastest growing companies and look forward to continuing our role as a leader in the hearing aid industry," said Andrew Raguskus, Sonic Innovations' President and CEO.

Sonic Innovations designs, develops, manufactures and markets advanced digital hearing aids designed to provide the highest levels of satisfaction for hearing impaired consumers. Capitalizing on its advanced understanding of human hearing, the Company has developed patented digital signal processing, or DSP, technologies and embedded them in the smallest single-chip DSP platform ever installed in a hearing aid. The Company believes its hearing aids set the standard for consumer satisfaction because they are smaller, are more comfortable, and deliver more natural sound than competing hearing aids. For more information, please visit our website at .

Source: Sonic Innovations, Inc.

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