November 27, 2014 4:21 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Parametric Sound Corp., prior to reverse merger with Voyetra Technologies, Inc.

Company Overview

As of January 15, 2014, Parametric Sound Corp. was acquired by Voyetra Turtle Beach, Inc., in a reverse merger transaction. Parametric Sound Corporation, a technology company, focuses on delivering audio solutions through its HyperSound (HSS) technology platform primarily in North America, Europe, and Asia. Its HSS technology generates audible sound along a directional ultrasonic column. The company’s HSS-3000 product line delivers directed audio solutions to customers primarily for digital signage, kiosk, and related applications. Its technology is also used in commercial and consumer markets, including computers, video gaming, televisions, home audio, health care, electronic gaming machine...

13771 Danielson Street

Suite L

Poway, CA 92064

United States

15 Employees

Phone:

888-477-2150

Key Executives for Parametric Sound Corp., prior to reverse merger with Voyetra Technologies, Inc.

Parametric Sound Corp., prior to reverse merger with Voyetra Technologies, Inc. does not have any Key Executives recorded.

Parametric Sound Corp., prior to reverse merger with Voyetra Technologies, Inc. Key Developments

Parametric Sound Corp. Announces Executive Changes

Parametric Sound Corp. announced that the Board of Directors increased its size from five directors to nine, and the following directors of the company resigned, effective at completion of the Merger: James L. Honore, Robert M. Kaplan, Ph.D. and Elwood G. Norris. The executive officers of the company also resigned effective at completion of the Merger: Kenneth F. Potashner as Executive Chairman, Mr. Norris as President, and James A. Barnes as Chief Financial Officer, Treasurer and Secretary. Immediately following completion of the Merger, Mr. Potashner and Andrew Wolfe, Ph.D. (the two remaining directors), appointed the following individuals to fill five of the seven vacancies on the Board of Directors to serve, effective immediately following completion of the Merger and until the company's next annual meeting of stockholders, until their respective successors are elected and qualified or until their earlier resignation or removal: Kenneth A. Fox, Ronald Doornink, Juergen Stark, William E. Keitel and Laureen DeBuono. Immediately following the completion of the Merger, the Board of Directors appointed Mr. Doornink Chairman of the Board, determined that Mr. Keitel, Ms. DeBuono and Dr. Wolfe were independent within the meaning of the independent director standards of the Securities and Exchange Commission and under the NASDAQ Stock Market qualification standards, and reconstituted the following committees of the Board of Directors as follows, effective immediately: Audit Committee: William E. Keitel (Chair), Laureen DeBuono and Andrew Wolfe, Ph.D. Compensation Committee: Ronald Doornink (Chair), William E. Keitel and Kenneth F. Potashner. At the same time, the Board of Directors established the following committee of the Board of Directors, effective immediately: Compliance and Governance Committee: Laureen DeBuono (Chair), Ronald Doornink and Kenneth A. Fox. John Hanson appointed as Chief Financial Officer, Treasurer and Secretary.

Turtle Beach and Parametric Sound Appoint Board of Directors

Turtle Beach and Parametric Sound announced that Turtle Beach has designated two independent directors to be appointed to the board of directors immediately after the closing of the pending merger of the two companies. Mr. Bill Keitel, who recently retired as CFO of Qualcomm Incorporated, has been designated as an appointee to the board and is anticipated to chair the audit committee. He brings substantial business experience relevant to the combined company’s audio technology licensing activities. Ms. Laureen DeBuono, currently partner of leading CFO consulting services firm FLG Partners, LLC, has been designated as an appointee to the board and is anticipated to chair a newly created compliance and governance committee. Her health care experience will complement the combined company’s efforts to develop the hearing health market.

Parametric Sound Corp. Presents at The 14th Annual Wedbush California Dreamin' Consumer Conference: The New York Edition, Dec-10-2013 01:55 PM

Parametric Sound Corp. Presents at The 14th Annual Wedbush California Dreamin' Consumer Conference: The New York Edition, Dec-10-2013 01:55 PM. Venue: Le Parker Meridien Hotel, New York, New York, United States. Speakers: Juergen Stark, CEO of Turtle Beach, Kenneth F. Potashner, Executive Chairman and Principal Executive Officer.

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