San Diego, CA – March 7, 2016 – Turtle Beach Corporation (NASDAQ: HEAR), a leading audio technology company, scored a legendary hat-trick as the gaming headset giant was recognized for the third year running as the industry’s “Best Peripherals and Accessories Brand” at the 2016 MCV UK Awards Show. In addition to the consecutive 2014-2016 awards, Turtle Beach also received the same accolade in 2012. MCV is a leading gaming news and community outlet for professionals working within the UK and international video games market, and the MCV Awards highlights achievements across all parts of the industry, with categories that recognize the best in the games business. Turtle Beach pioneered the gaming headset space nearly a decade ago, and has been the clear market share leader for the past five years (according to the latest NPD data) thanks to its variety of innovative, feature-driven products.
“We’re very grateful to the industry and our fans for choosing Turtle Beach to receive this award for the third year in a row,” said Juergen Stark, CEO, Turtle Beach Corporation. “We’ve spent the past three years innovating, developing and launching the industry’s best and broadest portfolio of gaming headsets for the new console generation, so winning this award back-to-back-to-back is an amazing recognition of our efforts and goes to show we’re creating high-quality products with features that gamers truly want and appreciate. And the best part…there’s even more to come as we’ve got some big announcements planned leading up to E3.”
“Turtle Beach’s continued popularity at the MCV Awards highlights just how highly regarded the brand and its products have been amongst games retailers in the UK,” said MCV Editor, Chris Dring. “We look forward to seeing what the company does over the next 12 months.”
For more info on the latest Turtle Beach gaming headsets and accessories, visit www.turtlebeach.com, and be sure to follow Turtle Beach on Twitter, Facebook and Instagram.
About Turtle Beach Corporation
Turtle Beach Corporation (http://corp.turtlebeach.com) designs innovative, market-leading audio products for the consumer, healthcare and commercial sectors. Under its award-winning Turtle Beach brand (www.turtlebeach.com), the Company has been the clear market share leader for the past five-plus years with its wide selection of acclaimed gaming headsets for use with Xbox One and PlayStation®4, as well as personal computers and mobile/tablet devices. Under the HyperSound brand (www.hypersound.com), the Company markets pioneering directed audio solutions that have applications in hearing healthcare, digital signage and kiosks and consumer electronics. The Company’s shares are traded on the NASDAQ Exchange under the symbol: HEAR.
Cautionary Note on Forward-Looking Statements
This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release, including those regarding the intended use of proceeds from the Offering and concurrent private placement, may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events. Forward looking statements are based on management’s statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “project”, “intend” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Forward-looking statements are based on management’s current belief, as well as assumptions made by, and information currently available to, management.
While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its 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, but are not limited to, the substantial uncertainties inherent in acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the implementation of any businesses we acquire, our indebtedness, and other factors discussed in our public filings, including the risk factors included in the prospectus supplement filed in connection with the Offering, the Company’s most recent Annual Report on Form 10-K and the Company’s other periodic reports. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.
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For Media/PR Information, Contact: For Investor Information, Contact:
MacLean Marshall Cody Slach
PR/Communications Director Investor Relations
Turtle Beach Corp. Liolios
858.914.5093 949.574.3860
maclean.marshall@turtlebeach.com hear@liolios.com
Keith Hennessey
EU Communications Sr. Manager
Turtle Beach Corp.
+44 (0) 1254-517250
keith.hennessey@turtlebeach.com