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Technology Stocks : Turtle Beach Corp
HEAR 17.47-0.3%Jan 6 4:00 PM EST

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To: deeno who wrote (33)1/12/2012 11:45:46 AM
From: Savant  Read Replies (1) of 200
 
Parametric Sound Announces Next Generation of Technology

Dramatic Improvement in Performance Opens New Markets

HENDERSON, NV, Jan 12, 2012 (MARKETWIRE via COMTEX) -- Parametric Sound
Corporation (PAMT), a leading innovator of audio products and solutions,
announced today an important upgrade to its HSS-3000 product line. With a
combination of a new DSP and important software enhancements (Version 2),
HyperSonic Sound (HSS) now produces a crisp, clean and unique sound image
compared to traditional audio systems.

"Since releasing Version 1 of HSS-3000 in July of last year, our technical team
has continued to make innovations while expanding our IP portfolio," said Elwood
G. Norris, President and CEO of Parametric Sound. "We have achieved the ability
to enhance any stereo output to produce a robust 3D sound image from just two
ultra-thin speakers for a variety of consumer markets including computers,
gaming, TVs and home audio. Our new director and strategic consultant, Ken
Potashner, is helping us execute strategies targeting a broad range of markets
now possible with our latest HSS audio innovations."

In connection with CES 2012, the Company is selectively showcasing its latest
upgrade. Version 2 of HSS-3000 products are shipping this quarter.

About Parametric Sound Corporation Parametric Sound Corporation's pioneering
HyperSonic Sound technology employs a tightly focused beam of sound to target
specific audiences without the ambient noise of traditional speakers. The Company
owns a substantial body of intellectual property. Recent innovations enhance
stereo output to produce a robust 3D audio image from just two ultra-thin
speakers opening opportunities for consumer markets. For more information about
the Company and its products, please visit: parametricsound.com.

Cautionary note on forward-looking statements This press release includes
forward-looking information and statements. Except for historical information
contained in this release, statements in this release may constitute
forward-looking statements regarding our assumptions, projections, expectations,
targets, intentions or beliefs about future events that are based on management's
belief, as well as assumptions made by, and information currently available to,
management. While we believe that our expectations are based upon reasonable
assumptions, there can be no assurances that our goals and strategy will be
realized. Numerous factors, including risks and uncertainties, may affect our
actual results and may cause results to differ materially from those expressed in
forward-looking statements made by us or on our behalf. Some of these factors
include the acceptance of existing and future products, the impact of competitive
products and pricing, general business and economic conditions, and other factors
detailed in our Annual Report on Form 10-K and other periodic reports filed with
the SEC. We specifically disclaim any obligation to update or revise any
forward-looking statement whether as a result of new information, future
developments or otherwise.

CONTACT:
Jim Barnes
CFO
888-HSS-2150 Ext 3
Email Contact

SOURCE: Parametric Sound Corporation
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