Press Releases

TURTLE BEACH AND MAJOR LEAGUE GAMING PARTNER TO INTRODUCE ADVANCED PRO SERIES TOURNAMENT HEADSETS AND MIXER

VALHALLA, NY – May 31, 2012 – Turtle Beach, pioneers and market-leaders of the gaming headset category, and Major League Gaming (MLG), the world’s largest competitive video game league, today announce a multi-year product and marketing partnership under which Turtle Beach will develop the official headsets and audio equipment of Major League Gaming. The first official products offered under this…

Press Releases

Parametric Announces Second Quarter Results

– Parametric Sound Corporation (Nasdaq: PAMT), “We are making excellent progress increasing visibility of our technology with companies we are targeting as future IP licensing partners,” said Kenneth F. Potashner, Executive Chairman. “Our recently completed public offering has provided net proceeds of $8.0 million allowing us to aggressively pursue strategic opportunities for the Company.”…

Press Releases

Parametric Adds Healthcare to Target Markets for HyperSound

POWAY, CALIFORNIA, May 7, 2012“The healthcare market should grow into a strong opportunity for the company’s intellectual property assets and we look forward to launching it through key strategic partnerships,” said Ken Potashner, executive chairman. “We believe HyperSound delivers a compelling audio experience and foresee wide-spread adoption of our technology as audio standards are now raised…

Press Releases

Parametric Sound Announces Underwriter Exercise Of Over-Allotment Option

POWAY, CA,May 3, 2012 – Parametric Sound Corporation (Nasdaq: PAMT),a leading innovator of directed audio products and solutions, announced today that the underwriter, MDB Capital Group LLC, exercised itsover-allotment option to purchase an additional 164,512 shares of the Company’s common stock at a price of $4.50 per share, for gross proceeds of $740,304. The net proceeds of the over-allotment…

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Parametric Completes Public Offering of Common Stock

HENDERSON, NV, March 28, 2012 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of directed audio products and solutions, announced today the completion of its public offering of 1,888,888 shares of common stock. All such shares were sold at the price of $4.50 per share resulting in gross proceeds of $8.5 million and net proceeds of approximately $7.3 million after deducting underwriting…

Press Releases

Parametric Announces Pricing of Public Offering of Common Stock

HENDERSON, NV, March 22, 2012 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of directed audio products and solutions, today announced the pricing of an underwritten public offering of 1,888,888 shares of its common stock at a price of $4.50 per share, for gross proceeds of $8.5 million. The net proceeds from the offering, after deducting underwriting discounts and commissions…

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Parametric Appoints Sony Pictures Veteran to Board of Directors

Director Kenneth F. Potashner Appointed Executive Chairman HENDERSON, NEVADA, March 6, 2012 – Parametric Sound Corporation (OTCBB: PAMT), a leading innovator of directed audio products and solutions, today announced it has appointed James L. Honore as an independent member of its Board of Directors. Mr. Honore retired as Executive Vice President at Sony Pictures Entertainment in December 2011.  …

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Parametric Appoints Recognized IP Expert as New Director

HENDERSON, NEVADA, February 17, 2012 – Parametric Sound Corporation (OTCBB: PAMT), a leading innovator of directed audio products and solutions, today announced it has appointed Dr. Andrew Wolfe as an independent member of its Board of Directors. Dr. Wolfe is a recognized consultant on IP matters with substantial licensing and IP protection experience.   “Andrew possesses important IP knowledge…

Press Releases

Parametric Sound Reports First Quarter Results (Q1 – 2012)

HENDERSON, NEVADA, January 26, 2012 – Parametric Sound Corporation (OTCBB: PAMT), a leading innovator of audio products and solutions, today announced financial results for its first fiscal 2012 quarter ended December 31, 2011. Q1 2012 Highlights: Upgraded HyperSound technology through introduction of new DSP and software enhancements resulting in dramatically improved sound quality whereupon we believe…

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Parametric Announces Annual Meeting

HENDERSON, NEVADA, January 24, 2012 Parametric Sound Corporation (OTCBB: PAMT), a leading innovator of audio products and solutions, today announced that it will hold its Annual Meeting of Stockholders on Wednesday, February 15, 2012 at 1:30 p.m. PST, at Radisson Hotel San Diego – Rancho Bernardo, 11520 West Bernardo Court, San Diego, California 92127. The record date for stockholders entitled to…