Sonic Technology Solutions Inc. reported that Richard Wadsworth, P.Eng. will become the new President and Chief Executive Officer replacing Adam Ranjit Sumel who will stay on with the Board as Chairman. David Coe, the current Chairman, will remain on the Board as a Director. He was Co-Founder, President and COO of Bankers Petroleum Ltd., from its inception in 2004 until August 2008.

Sonic Technology Solutions Inc. reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, loss and comprehensive loss was CAD 603,545 or CAD 0.01 basic and diluted loss per share compared to loss and comprehensive loss of CAD 924,474 or CAD 0.02 basic and diluted loss per share for the same period last year. Loss and comprehensive loss from continuing operations was CAD 603,545 or CAD 0.01 basic and diluted loss per share from continuing operations compared to loss and comprehensive loss from continuing operations of CAD 900,901 or CAD 0.02 basic and diluted loss per share from continuing operations for the comparable period last year. Cash used in operating activities was CAD 459,848 against CAD 449,275 of previous year period. Property, plant and equipment acquired were CAD 9,769. For the six months ended June 30, 2009, loss and comprehensive loss was CAD 1,504,212 or CAD 0.02 basic and diluted loss per share compared to loss and comprehensive loss of CAD 1,807,365 or CAD 0.04 basic and diluted loss per share for the same period last year. Loss and comprehensive loss from continuing operations was CAD 1,504,212 or CAD 0.02 basic and diluted loss per share from continuing operations compared to loss and comprehensive loss from continuing operations of CAD 1,760,526 or CAD 0.04 basic and diluted loss per share from continuing operations for the comparable period last year. Cash used in operating activities was CAD 896,602 against CAD 931,967 of previous year period. Property, plant and equipment acquired were CAD 17,395.

Sonic Technology Solutions Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported loss and comprehensive loss and loss and comprehensive loss from continuing operations of CAD 858,564 or 0.01 per basic and diluted share and loss before the undernoted of CAD 847,701 compared to loss and comprehensive loss of CAD 882,891 and loss and comprehensive loss from continuing operations of CAD 859,625 or 0.02 per basic and diluted share and loss before the undernoted of CAD 853,607 in the same period a year ago. The net cash used in operating activities for the quarter was CAD 436,754 compared to CAD 435,292 in the prior year period.