Press Releases

Parametric Hires Investment Bank

SAN DIEGO, California, March 28, 2013 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of audio products and solutions, today announced that it has retained the services of Houlihan Lokey, an international, advisory-focused investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. “The Company has been approached by several…

Press Releases

Parametric Provides Business Update

SAN DIEGO, California, March 25, 2013 – Parametric Sound Corporation (Nasdaq:PAMT), a leading innovator of audio products and solutions, today provided outlook for FY2014. The Company announced that it is expecting to be cash flow positive from operations for 2014 from its core digital signage and licensing business.    “We have been able to advance strategic licensing discussions and…

Press Releases

MLG Dallas Recap

Turtle Beach formed a partnership with Major League Gaming (MLG), the world’s largest eSports league. Through this partnership a full lineup of MLG licensed gaming headsets and audio gear were created. We just returned from the MLG Winter Championship where the Ear Force XP SEVEN and Ear Force Z SEVEN were being worn by gamers all throughout the Dallas Convention Center. In addition, the TM1, a…

Press Releases

Turtle Beach and Major League Gaming Celebrate Retail Debut of Tournament Gear at MLG Winter Championship

NEW YORK & VAHALLA, N.Y. – March 5, 2013 – Turtle Beach, leader in gaming audio, in partnership with Major League Gaming (MLG), the world’s largest eSports league, is making its full lineup of official MLG-licensed gaming audio gear available for purchase at MLG’s Winter Championship for the first time. The high performance, MLG-licensed Ear Force XP SEVEN, Ear Force Z SEVEN, and Ear Force…

Press Releases

Lygo International Acquired by Turtle Beach

Lygo International Ltd has been acquired by Turtle Beach and is now the European division of the company for sales, marketing, customer service, and distribution partners. Turtle Beach is the global leader in gaming audio offering the world’s most advanced gaming headsets including the top selling Ear Force X12, PX21, XP500, PX5, the upcoming Ear Force SEVEN Series in collaboration with Major League…

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Parametric Signs Strategic Partnership MOU

Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of audio products and solutions, today announced that it has signed an MOU to enter into a strategic relationship with Shanghai Industrial Investment Group (SIIG) and Aviation Industry Corporation’s (AVIC) US trade representative Optek Electronics. The MOU has defined four key areas of focus that include a licensing agreement, a manufacturing agreement, a joint product development agreement, and the establishment of a joint venture to address the Chinese market. The Chinese market is now one of the largest markets for consumer electronics products.

Press Releases

Parametric Files US Patent Application for Emitter Innovation

Expected to Broaden Range of Applications for HyperSound™ Technology  SAN DIEGO, California, February 21, 2013 – Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of audio technology and solutions, announced today that it has filed for patent protection on novel new emitter technology that it believes will significantly expand the applications for its directional 3D audio systems…

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Parametric Reports First Quarter Fiscal 2013 Financial Results

Expands Co-Development Efforts with Strategic Business Prospects SAN DIEGO, California, February 7, 2013 – Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of audio technology and solutions, today announced financial results for its first fiscal quarter ended December 31, 2012. During the first quarter, the Company continued to execute its strategy to license and commercialize its…

Press Releases

CES 2013: TURTLE BEACH ANNOUNCES NEW WIRELESS AND WIRED HEADSETS FEATURING CATEGORY – LEADING TECHNOLOGY

VALHALLA, N.Y. – Jan. 8, 2013 – Turtle Beach, U.S. based pioneer and market-leader in gaming headsets, is showcasing its new high-end wireless and SEVEN Series wired gaming headsets during the International Consumer Electronics Show (CES), at the Las Vegas Convention Center, South Hall 1 – Booth #20618, from January 8 to 11, 2013. The new line-up reinforces Turtle Beach’s commitment to portability…