Parametric Sound Corp. announced results from the first round of clinical testing of its HyperSound audio system. In February 2013 the Company filed a clinical study protocol entitled "A Comparison of the HyperSound Audio System to Conventional Audio Speakers in Patients with Mild to Severe Hearing Loss" with an independent review board and received clearance to commence the study in late March 2013. The study was designed to assess whether the Company's HyperSound audio improves sound clarity when compared to a conventional acoustic speaker in those persons with mild to severe hearing loss. According to a study in a November 2011 issue of Archives of Internal Medicine, hearing loss affects nearly 48 million Americans. For individuals 12 years and older in the United States, nearly 1 in 8 has bilateral hearing loss, and nearly 1 in 5 has a unilateral or bilateral hearing loss severe enough to interfere with day-to-day communication. The study further states that the prevalence of hearing loss is expected to rise because of the aging of the population. The Company believes one of the major issues experienced by the hearing impaired is lack of clarity in differentiating words from each other even with loud volume. The Company also believes its emitters may provide benefits in this area by delivering with clarity the frequencies important in speech recognition, thus improving the TV viewing experience by those with normal hearing, and by providing amplification for those with some hearing loss without the need for headphones or any coupling to the ear or body.

Parametric Sound Corp. Presents at Three Part Advisors East Coast IDEAS Investor Conference, May-15-2013 04:30 PM. Venue: Metro Meeting Center, 101 Federal Street, 4(th) Floor, Boston, MA 02110, United States. Speakers: James A. Barnes, Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary.

Parametric Sound Corp. reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. Revenue totaled $155,000 during the second quarter of fiscal 2013, as compared to $60,000 during the same period last year, reflecting an increase in commercial product sales. Net loss for the second quarter of fiscal 2013 was $2.0 million, or $(0.30) per basic and diluted common share, as compared to a net loss of $961,000, or $(0.22) per basic and diluted common share for the same quarter last year. The net loss for the second quarters of fiscal 2013 and 2012 included $790,000 and $363,000 of non-cash stock based compensation expense, respectively. Loss from operations was $1,956,000 against $960,000 a year ago. For the six months, the company’s revenues were $264,000 against $124,000 a year ago. Net loss was $3,207,000, or $0.50 per basic and diluted share, compared to net loss of $1,493,000, or $0.36 per basic and diluted share a year ago. Loss from operations was $3,209,000 against $1,491,000 a year ago.