The HyperSound Clear
500P Addresses One of the Most Common Hearing Loss Complaints – Being Able to
Understand the Television Clearly
San Diego, CA – May 5, 2016 – Turtle Beach Corporation
(NASDAQ: HEAR), a
leading audio technology company for over 40 years, is excited to welcome May
and celebrate National Better Hearing
& Speech Month, a great time to ensure you’re hearing the world
around you. One of the most common early signs of hearing loss is the
television volume being too loud, so if you find yourself struggling to hear
and understand what’s being said on the television, or find your family and
friends constantly complaining that the television volume is up too high, then
it might be time to visit your local hearing healthcare professional and ask
for a demonstration of Turtle Beach’s HyperSound Clear™ 500P – the
company’s revolutionary new home audio system specifically designed to help
individuals and their families have a better television listening experience.
One of the biggest breakthroughs in audio
technology in decades, Turtle Beach’s HyperSound Clear 500P has been shown
to significantly improve sound clarity and speech intelligibility to help
people hear and understand the television more clearly1, allowing
them to once again enjoy watching their favorite movies and shows, listen to
music and play video games while hearing crisp, clear audio. To learn more
about the HyperSound Clear 500P, please visit the official website at http://hypersoundhearing.com, and
for those interested in experiencing the HyperSound Clear 500P firsthand at
their local hearing healthcare professionals’ office, click the “WHERE
TO BUY” button, which will locate and provide contact
information for the nearest participating provider.
“Hearing loss is a serious and widespread
healthcare issue and the statistics really are reason for concern,” said Rodney
Schutt, SVP and General Manager for the HyperSound
business at Turtle Beach. “It’s the third largest chronic physical condition
after heart disease and arthritis, and approximately 50 million Americans have
some form of hearing loss, with another 1.1 billion teenagers and young adults
at risk – those are significant numbers. We know HyperSound Clear helps
people hear the television better, which can improve the quality of life for
somebody with hearing loss and their loved ones at home. It’s our hope that as people
have a better television listening experience by adding the HyperSound
Clear 500P to their home entertainment setup, they’ll sooner realize
how much of their hearing they’re missing outside the home, and will be more
motivated to seek help with their hearing sooner in life. And with May being
National Better Hearing & Speech month, there’s no better time than now to
go get your ears checked.”
HyperSound® technology is a
fundamentally new approach to sound delivery that generates a highly directional, narrow beam of audio in the air
that can be pointed to a very specific location. Similar to how a
flashlight directs a beam of light, Turtle Beach’s HyperSound Clear 500P directs
a beam of audio to targeted listeners, delivering an immersive, 3D audio
experience. The HyperSound Clear 500P works in
parallel with the audio from the television or home theater system, so a
person sitting in the HyperSound audio
beam can independently control the device’s volume, while everyone else in the
room hears audio from the television speakers or home theater system at a
normal volume level. This means that people having trouble hearing the TV,
along with family and friends, can once again return to the living room to enjoy
the latest home entertainment together.
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.
1 Mehta,
R., Mattson, S., & Seitzman, R., Kappus, B. (2015, August). Speech
recognition in the sound field: directed audio vs. conventional speakers.
Audiology Online, Article 14901. Retrieved from http://www.audiologyonline.com. Dr.
Mehta and Dr. Mattson are paid consultants of Turtle Beach.
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For Media/PR
Information, Contact:
MacLean Marshall
PR/Communications
Director
Turtle Beach Corp.
858.914.5093
maclean.marshall@turtlebeach.com
For Investor Information, Contact:
Cody Slach
Investor Relations
Liolios
949.574.3860
hear@liolios.com