SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): June 24, 2002
SONEX RESEARCH, INC.
(Exact name of registrant as specified in Charter)
Maryland 0-14465 52-1188993
(State or other (Commision file (IRS employer
jurisdiction of number) identification no.)
incorporation)
23 Hudson Street, Annapolis, MD 21401
(Address of principal executive offices)
(410) 266-5556
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
ITEM 5. - OTHER EVENTS
On June 24, 2002, Sonex Research, Inc. (the "Company") posted the
following notice to shareholders on its website (www.sonexresearch.com):
SONEX RETAINS THE SCOTTSDALE GROUP
Annapolis, MD - 06/XX/02 - Sonex Research, Inc. (OTC BB: SONX), a Company
focused on developing its patented Sonex Combustion System (SCS) piston-based
technology for in-cylinder control of ignition and combustion, designed to
increase fuel mileage and reduce emissions of engines, today announced that it
has retained The Scottsdale Group as its investor relations consultant.
Dr. Andrew A. Pouring, founder and CEO of Sonex, commented, "The management team
at Sonex has been focusing all its attention on developing and refining the
Company's proprietary technology, and on the development of business
opportunities that will bring the Company revenues and increase shareholder
value. We are making great strides in both areas and for that reason, have
decided to undertake a financial communications campaign that will bring Sonex
to the attention of a broader investor base, as well as institutional investors,
as the Company continues to grow."
Dr. Pouring continued, "To that end, we have retained The Scottsdale Group
(TSG), a full-service investor relations and financial communications firm, to
present the Company to the retail and institutional investment communities and
to pursue media and trade exposure for the Company and its technology. We feel
that by engaging the services of The Scottsdale Group, we can generate interest
within the financial community, while continuing to focus our attention on
growing Sonex and its business."
For more information on the campaign that The Scottsdale Group will be
undertaking over the next several months, email info@thescottsdalegroup.com. A
corporate profile of Sonex, providing an overview of the Company's business
prospects, technology and management team, can be found at
www.thescottsdalegroup.com, by clicking on the "Clients" button.
In summary, Dr. Pouring stated, "We look forward to securing business
opportunities that will generate revenues for Sonex, broadening the Company's
presence within the financial community and increasing shareholder value."
Contact: Sonex Research, Inc.: George Ponticas, 410-266-5556, email:
sonex@erols.com, www.sonexresearch.com; Investor Relations: The Scottsdale
Group, Susan Ladue, 781- 292-1050, email: info@thescottsdalegroup.com,
www.thescottsdalegroup.com.
ABOUT SONEX
Sonex Research, Inc., a leader in the field of combustion technology, is
developing its patented Sonex Combustion System (SCS) piston-based technology
for in-cylinder control of ignition and combustion, designed to increase fuel
mileage and reduce emissions of internal combustion engines. Sonex plans to
complete development, commercialize and market its SCS Stratified Charge Radical
Ignition (SCRI) combustion process to the automotive industry in response to
forthcoming increases in national vehicle fuel mileage standards. Presently,
high mileage, roomy and safe five-passenger automobiles using gasoline, direct
injected (GDI) engines are sold only in Japan and Europe due to high emissions.
Sonex intends to conclusively demonstrate that SCS-SCRI will enable GDI engined
vehicles to achieve 50 mpg (highway) while meeting emissions standards to permit
sale in the U.S. as a viable, near-term alternative to longer-term solutions
such as improvements in hybrid propulsion systems or years of further R&D
required for fuel cell technology to become practical.
Additionally, independent third-party testing has confirmed the potential of the
SCS application for DI diesel engines to reduce harmful soot in-cylinder without
increasing fuel consumption. Sonex is pursuing joint marketing and
commercialization programs for the SCS low soot technology with committed
industrial partners.
Other SCS designs are being used to convert gasoline engines of various sizes to
operate on safer, diesel-type "heavy fuels" for use in military and commercial
applications requiring light weight and safe handling and storage of fuel.
Examples include UAVs (unmanned aerial vehicles) and ATVs (all-terrain vehicles)
such as those used by U.S. defense forces in Afghanistan, as well as outboard
engines, small watercraft used as targets, and generator sets.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This announcement, as well as all publicly disseminated material about the
Company, contains information in the form of "forward-looking" statements within
the meaning of the Private Securities Litigation Act of 1995 (the "Act"). Such
statements are based on current expectations, estimates, projections and
assumptions by management with respect to, among other things, trends affecting
the Company's financial condition or results of operations and the impact of
competition. Such statements are not guarantees of future performance and
involve risks and uncertainties, all of which are difficult to predict and many
of which are beyond the control of the Company. In order to obtain the benefits
of the "safe harbor" provisions of the Act for any such forward-looking
statements, the Company cautions shareholders, investors and prospective
investors about significant factors which, among other things, have in some
cases affected the Company's actual results and are in the future likely to
affect the Company's actual results and cause them to differ materially from
those expressed in any such forward-looking statements. Accordingly, readers are
cautioned not to place undue reliance on such forward-looking statements.
Shareholders, investors and prospective investors should read this announcement
in conjunction with the Company's most recent Annual Report on Form 10-KSB,
Quarterly Report on Form 10-QSB, and other filings with the Securities and
Exchange Commission available online in the EDGAR database at www.sec.gov.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
June 24, 2002
SONEX RESEARCH, INC.
Registrant
/s/ George E. Ponticas
----------------------
George E. Ponticas
Chief Financial Officer