SOURCE: Parametric Sound Corporation

Parametric Sound Corporation

January 17, 2013 09:00 ET

Parametric Sound Responds to Recent Law Firm Press Release

SAN DIEGO, CA--(Marketwire - Jan 17, 2013) - Parametric Sound Corporation (NASDAQ: PAMT) in response to yesterday's press release by a New York law firm has been advised that the press release is one of many similar "investigation" announcements by the law firm targeting many companies. The Board of Directors believes that approval of the 2012 Stock Option Plan Amendment, as described in the Company's proxy statement, is in the best interests of the Company and its stockholders.

About Parametric Sound Corporation
Parametric Sound Corporation is a pioneering innovator of directed audio solutions. With a substantial body of intellectual property, the Company is a leading authority in the application of acoustic technology to beam sound to target a specific listening area without the ambient noise of traditional speakers. The Company's HSS-3000 product models target digital signage, kiosk and related applications. Recent innovations produce a distinctive 3D audio image from just two speakers opening potential opportunities for 3D sound solutions for computers and entertainment. For more information, visit www.parametricsound.com.

Contact Information

  • MEDIA CONTACT:
    Tracy Neumann
    888-HSS-2150 Ext 509
    tneumann@parametricsound.com
    or
    INVESTOR RELATIONS CONTACT:
    Dave Mossberg
    Three Part Advisors, LLC
    817-310-0051