HyperSonic Sound to Add Unique Directivity to Special Effects Company Catering to Fortune 500 Companies with High Tech Needs American Technology Corp. (Nasdaq:ATCO), today announced a licensing and representation agreement with International Robotics Inc. (IRI) of New York. Under the agreement, IRI has paid a licensing fee to incorporate American Technology's HyperSonic(TM) Sound (HSS(TM)) audio reproduction technology into their Techno-Marketing(TM) systems and has agreed to an exclusive arrangement to purchase HSS components through American Technology. The agreement also includes provisions for IRI to represent American Technology's HSS, Stratified Field(TM), and PureBass(TM) audio technologies to IRI customers in the market for unique special effects for business, promotion, entertainment, and communication. "International Robotics Inc. has developed a solid and deserved reputation as an innovator in the special effects field for their Techno-Marketing approach," stated Bob Todrank, V.P. of sales & marketing for American Technology Corp. "Their client list includes Fortune 500 companies, government agencies, multinational organizations and market leaders such as Disney, Pepsi, IBM, Kodak, Toyota, Chrysler, Caesar's Palace, and Reebok. IRI will be incorporating HSS, Stratified Field, and PureBass products into their high technology systems and working with us to license our acoustical technologies to their existing customer base. This agreement represents another important step in our overall marketing and sales strategy for our proprietary and patented audio technologies." Robert Doornick, president and founder of International Robotics, said, "When we first experienced HyperSonic Sound with its unique directional audio capabilities, we knew immediately that we needed HSS for our clients. The early response of our customers to HSS has been nothing short of phenomenal. It provides our customers an entirely new auditory experience and method of delivery for their audio messages, which is both magical and non-intrusive. American Technology's vision of the future, their ability to deliver innovation, and their strategy for bringing their technologies to market were key factors in our decision. We expect to play an important role in the continued roll out of HSS as well as the other American Technology audio technologies." HyperSonic Sound (HSS) technology, developed in the laboratories of American Technology Corp. in San Diego, is a revolutionary sound reproduction system. The most important quality of HSS(TM) is the ability to direct or focus sound into a tight beam, similar to the beam of light from a flashlight. Not since the development of the "cone" loudspeaker more than 75 years ago has any technology provided such a significant departure from conventional speakers. About International Robotics Inc. IRI is a privately held, full-service company that successfully employs cutting-edge Technologies, Futuristic Icons, Special f/x, and advanced, interactive Robotic Systems for Business, Promotion, Communication, Education. Pioneers and specialists of Techno-Marketing(TM) for almost 30 years, IRI has excelled at not only producing the finest adult-size multi-lingual Communication Robots in the world, but also in creating award-winning environments for Fortune 500 companies. Techno-Marketing(TM) is not merely a tool to draw attention; it is a business science that delivers your commercial, educational or entertainment message to a more receptive audience. Techno-Marketing(TM) is a synthesis of world-class technologies, communication psychology, theatrics, theming, design, and marketing experience that earn the respect of today's high-tech oriented and more demanding consumer or business audiences. For further information please visit www.internationalrobotics.com. About American Technology Corp. American Technology Corp. is shaping the future of sound by developing and licensing its technology and intellectual property portfolio which includes: the award-winning HSS(TM) (HyperSonic(TM) Sound) and StratifiedField(TM) Technologies; NeoPlanar(TM) Technology; PureBass(TM) Sub-Woofer Technology; and FM Sounds(TM) consumer radio products. The company is establishing a strong portfolio of patents, trademarks, and know-how including over 110 U.S. and Foreign patents and patent filings to date. For more information on the company and its technologies and products please visit our Web site at www.atcsd.com. |