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): April 16, 2004
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 9. - REGULATION FD DISCLOSURE
On April 16, 2004, the Registrant posted the following announcement on its
website (www.sonexresearch.com):
SONEX UPDATE - APRIL 16, 2004
Dear Fellow Shareholders:
This week Sonex Research, Inc. (OTC BB: SONX) filed its December 31, 2003 Annual
Report on Form 10-KSB with the SEC. This report provides a comprehensive,
up-to-date discussion of the Company's initiatives and includes complete audited
financial statements. The Form 10-KSB will be mailed to shareholders later this
year along with other proxy information in connection with our 2004 Annual
Meeting of Shareholders. The date for the shareholder meeting will be determined
in the near future.
The complete Annual Report on Form 10-KSB as filed with the SEC is available at
http://www.sec.gov/Archives/edgar/data/723312/000072331204000004/0000723312-04-
000004-index.htm. At the bottom of the page, click on the link "Document 1 -
file: r10ksb03.txt". This version is in plain text format and does not contain
most standard document formatting features. You can request a formatted version
from Sonex directly, either in electronic format or in hard copy.
As more fully described in the Annual Report on Form 10-KSB, the Company is
developing and implementing an updated business plan under the direction of its
new president Roger D. Posey, who recently joined the Company's Board of
Directors. Roger's primary focus is to transition Sonex from a research and
development company into a technology and manufacturing enterprise bringing new
and unique products to the world marketplace. The Company will keep you informed
of any new developments as they occur.
In addition, I am pleased to announce that yesterday Mr. Jim Z.I. Williams was
named a director of the Company. Mr. Williams is the President and Chief
Executive Officer of E. I. Williams Steel Division of Ajax Ontario, Canada, a
company which manufactures quality low cost - high value noise control and
suppression equipment. He has twenty years of management leadership experience,
serves on the Board of Directors of a number of companies, and is involved with
many charitable activities. Mr. Williams holds a B.S. degree in the Sciences
from the University of Toronto. Mr. Williams and Roger Posey fill the vacancies
created by the recent resignations of Mr. Herbert J. Mitschele, Jr., a retired
business owner who has been a shareholder of the Company for approximately
twenty years, and Mr. George E. Ponticas, the Company's Chief Financial Officer
and Secretary. Both Herb and George had joined the Board on an interim basis in
February 2004.
Our management team will once again look forward to seeing many of you at our
2004 Annual Meeting of Shareholders later this year.
Sincerely,
Andrew A. Pouring, D.Eng.
Chief Executive Officer
Sonex Research, Inc.
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 Sonex Controlled Auto
Ignition (SCAI) combustion process to the automotive industry to improve fuel
efficiency of gasoline powered vehicles in response to forthcoming increases in
national vehicle fuel mileage standards. Additionally, independent third-party
testing has confirmed the potential of the SCS application for direct-injected
diesel engines to reduce harmful soot in-cylinder without increasing fuel
consumption. 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, such as in UAVs (unmanned aerial vehicles).
Caution Regarding Forward-Looking Statements
"Forward-looking" statements contained in this announcement, as well as all
publicly disseminated material about the Company, are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Act. Such statements are
based on current expectations, estimates, projections and assumptions by
management with respect to matters such as commercial acceptance of the SCS
technology, the impact of competition, and the Company's financial condition or
results of operations. Readers are cautioned that such statements are not
guarantees of future performance and involve risks and uncertainties that could
cause actual results to differ materially from those expressed in any such
forward-looking statements. Additional information regarding the risks faced by
Sonex is provided in the Company's periodic filings with the Securities and
Exchange Commission under the heading "Risk Factors". Such filings are available
upon request from the Company or 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.
April 16, 2004
SONEX RESEARCH, INC.
Registrant
/s/ George E. Ponticas
----------------------
George E. Ponticas
Chief Financial Officer