Parametric Sound and Fujitsu Announce Strategic Relationship
Team to Deliver Innovative HyperSound(TM) Technology to Digital Media OEMs
SAN DIEGO, CA, Sep 10, 2012 (MARKETWIRE via COMTEX) -- Parametric Sound
Corporation (PAMT), a leading innovator of audio products and solutions, today
announced that it has appointed Fujitsu Frontech North America Inc., a leader in
innovative technology and front-end solutions, to act as a non-exclusive,
authorized reseller for the Company's HyperSound products. The appointment allows
Fujitsu to offer a broad range of sales and marketing services, and pre- and
post-sale technical assistance, to its established customer base, with target
clients in the telecommunications, financial and retail markets.
"Integrating HyperSound with our digital media solutions underscores our
commitment to offering ground-breaking technology to our customers," said Vic
Herring, vice president of sales, Cloud Infrastructure Solutions at Fujitsu
Frontech North America. "We look forward to working with Parametric to deploy
their products and solutions."
"This agreement enables us to strategically focus our sales and marketing efforts
in a space where Fujitsu has strong client relations," said Kenneth F. Potashner,
executive chairman of Parametric Sound. "We believe it will further heighten the
value and increase the adoption of HyperSound as the standard for audio solutions
within this market segment."
About Parametric Sound Corporation Parametric Sound Corporation is a pioneering
innovator of directed audio solutions. With a substantial body of intellectual
property, Parametric Sound is the foremost authority in the application of
acoustic technology to beam sound to target a specific listening area without the
ambient noise of traditional speakers. The Company is targeting its technology
for new uses in consumer markets including computers, video gaming, televisions,
home audio, health care and mobile devices. For more information, visit
parametricsound.com.
About Fujitsu Frontech North America, Inc. Fujitsu Frontech North America Inc.
brings innovative technology from Japan and, with its partners, develops powerful
front-end solutions that shape how society interacts with big data. Fujitsu
Frontech North America Inc. is headquartered with operations and solution
development at 27121 Towne Centre Drive #100, Foothill Ranch, CA 92610, USA. For
more information about Fujitsu products and services, call us at 800-626-4686 or
visit us at: fujitsufrontechna.com
Trademark Information: HSS(R) is registered trademark of, and HyperSound is a
tradename of, Parametric Sound. Fujitsu and the Fujitsu logo are registered
trademarks. All other trade names used herein are either trademarks or registered
trademarks of the respective holders.
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 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 the Company believes that expectations are based upon
reasonable assumptions, there can be no assurances that goals and strategy will
be realized. Numerous factors, including risks and uncertainties, may affect
actual results and may cause results to differ materially from those expressed in
forward-looking statements made by the Company or on its 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 the Company's Annual Report on Form 10-K and other
periodic reports filed with the SEC. The Company specifically disclaims any
obligation to update or revise any forward-looking statement whether as a result
of new information, future developments or otherwise.
CONTACT:
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