POWAY, California, June 5, 2012 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of directed audio products and solutions, today announced that it has signed a Letter of Intent with Epsilon Electronics. The letter specifies the principal terms of a definitive license and manufacturing agreement including expected up-front licensing fees and ongoing product royalties. Epsilon is…
With An Eye on Global Expansion, the Game Audio Pioneer Welcomes New Chief Technology Officer, Chief Supply Chain Officer and Head of International Business. VALHALLA, N.Y. – June 4, 2012 – Turtle Beach, the market-leading pioneers of the console gaming headset category, are pleased to announce the addition of three new members to its executive management…
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…
– 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.”…
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…
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…
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…
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…
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. …
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…
