Corp. ("Sonde" or the "Company") (TSX: SOQ) (NYSE MKT: SOQ) announced today that
Jack Schanck, President and Chief Executive Officer, has formally notified the
Board of Directors of his intention to retire from Sonde for personal reasons.
Mr. Schanck's retirement is effective on the earlier of June 30, 2013 and the
appointment of a successor to the position of President and Chief Executive
Officer. Mr. Schanck will also be retiring from the Board of Directors but he
has agreed to stay on as an advisor until December 31, 2013 to assist with the
transition. The Board of Directors has formed a search committee which is in the
advanced stages of identifying a suitable replacement for Mr. Schanck.