Turtle Beach Corporation Announces HyperSound Clear™ Distribution Partnership With Battery Benelux

Aug 26, 2015, 09:00 ET from Turtle Beach Corporation

SAN DIEGO, Aug. 26, 2015 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), the leading-edge audio technology company, today announced it has signed a new strategic partnership with Battery Benelux BV, a Dutch wholesaler for hearing healthcare products, for distribution across Benelux of the Company's breakthrough hearing healthcare device, HyperSound Clear™.

"For 25 years Battery Benelux has proven themselves as a key partner for hearing healthcare professionals across the Benelux region, and in doing so has built a reputation based on quality, flexibility and supportive service," said Chris Auty, Managing Director for  EMEA & APAC for Turtle Beach's HyperSound business. "I'm extremely pleased to be entering this distribution partnership with the Battery Benelux team. Their commitment to the customers' success makes them a great representative for HyperSound Clear in the region."

Under the new agreement, Battery Benelux will be responsible for distribution of Turtle Beach's HyperSound Clear product, as well as extending customer service and technical support to hearing care professionals throughout the Benelux region.

"I am very pleased with the cooperation between Turtle Beach and our company," said Edwin Mellink, CEO of Battery Benelux. "With the addition of HyperSound Clear the breadth of our product range becomes even more compelling. HyperSound Clear is a high-end device that improves the home entertainment listening experience for people living with hearing loss. Furthermore, HyperSound Clear also enables hearing health professionals to offer a very distinctive solution by means of the HyperFit™ software, which allows the device to be customized to the listener's hearing profile and preferences."

HyperSound Clear is the Company's first-of-its-kind directed audio solution for individuals with hearing loss. HyperSound® technology is a fundamentally new approach to sound delivery that generates a highly directional, narrow beam of audio in the air, much like the way a flashlight directs a beam of light. When an individual enters the audio beam created by HyperSound Clear, they hear immersive 3D audio. Additionally, HyperSound Clear has been shown to improve sound clarity and speech intelligibility for people with hearing loss for a crisp, clear home entertainment listening experience.

About Battery Benelux BV

The Dutch company Battery Benelux (www.batterybenelux.nl/hearing) is a wholesaler in articles related to human hearing. The company, which was founded more than 25 years ago, is leader in the Netherlands, Belgium, Luxembourg and shows a large activity in the other European countries. Battery Benelux is a growing organization, always working on full servicing their customers' changing needs. They offer customers a channel of choice in ordering and getting their information: anytime and anyhow, that is most convenient to them. With its own warehouse, equipped with the latest logistic software, they are able to deliver all articles the next day. With a team of dedicated and skilled employees Battery Benelux closely follows the fast-growing developments in the hearing market. Therefore they are able to provide and advise customers with the latest technology and products in their area. Service, knowledge and flexibility are the basis for the strong relationship between Battery Benelux and their customers.

About Turtle Beach Corporation

Turtle Beach Corporation (www.turtlebeachcorp.com) designs leading-edge audio products for the consumer, commercial and healthcare markets. Under the Turtle Beach brand (www.turtlebeach.com), the Company markets a wide selection of quality gaming headsets catering to a variety of gamers' needs and budgets, for use with video game consoles, including officially-licensed headsets for the Xbox One and PlayStation®4, as well as for personal computers and mobile/tablet devices. Under the HyperSound brand (www.hypersound.com), the Company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and healthcare. The company's shares are traded on the NASDAQ Exchange under the symbol: HEAR.

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 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 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 any 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.

 

SOURCE Turtle Beach Corporation



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