We have just completed the six month trading period to June 30,...

We have just completed the six month trading period to June 30, 2007, and I am
taking the opportunity to update you on the strong progress we have made before the
formal release of our results next month.
After a turbulent initial three year period since the SomnoMed Limited listing, I am
delighted to report to you that our company has turned the corner and is on its way to
a stronger performance.
We promised at the end of 2006 that we would, as a matter of priority, reduce the
company’s cash burn rate and lift sales. We also committed to develop a new Global
Strategy and a long term financial and business plan before the end of the financial
year and to put a new management team in place to implement our global strategy.