Parametric Sound Appoints AV Veteran to Lead Commercial Sales and Marketing Efforts

Parametric Sound Appoints AV Veteran to Lead Commercial Sales and Marketing 
Efforts 
SAN DIEGO, CA -- (Marketwired) -- 10/10/13 --  Parametric Sound
Corporation (NASDAQ: PAMT), a leading innovator of audio products and
solutions, today announced that Todd Savitt, vice president of sales
and marketing, has been appointed as an executive officer of the
company and will lead commercial sales and marketing efforts. Mr.
Savitt, who joined the company in July 2013, brings with him more
than 15 years of sales, business development and marketing experience
within the audio visual and digital signage marketplace.  
Savitt will be responsible for developing and executing the
implementation of strategic sales and marketing initiatives to
accelerate the growth and profitability of HyperSound(TM), the
world's premier directional audio system for digital signage, kiosk
and other applications. He has played a key role in launching and
pioneering several technology businesses, including the introduction
and branding of the world's first video and data projector. In his
previous position, Savitt was vice president of sales and marketing
at Mendtronix, Inc., a privately-held company focused on providing
logistic services for the leading manufacturers of audio visual
equipment in the digital signage and presentation markets. 
"I am excited to be part of the pioneering efforts to broadly
commercialize HyperSound," said Todd Savitt. "Based on the success of
numerous product demonstrations and pilot results with worldwide
customers, we are accelerating distribution of HyperSound through a
channel strategy targeting the world's leading audio visual
commercial integrators. We recently recruited Alpha Video and Audio,
CCS Presentation Systems, and CompView Audio Visual to represent our
HyperSound-directed audio solutions in numerous vertical markets." 
"Todd has demonstrated his ability to execute on our commercial
business sales strategy by leveraging distribution through AV
integrators. He has an impressive background in sales and business
development coupled with demonstrated success in driving strategy.
His vision and performance make him an ideal candidate to lead our
commercial sales and marketing efforts," said Ken Potashner,
executive chairman of Parametric Sound.  
About Parametric Sound Corporation
 Parametric Sound Corporation is a
pioneering innovator of directed audio solutions. With a substantial
body of intellectual property, Parametric Sound is the foremost
authority in the application of acoustic technology to beam sound to
target a specific listening area without the ambient noise of
traditional speakers. Distinct from surround sound, HyperSound
immerses listeners in a robust 3D audio experience from just two
speakers. The Company's disruptive technology is being marketed to
three global market sectors: Consumer Markets -- for PCs, gaming,
TVs, home theater and handhelds, Commercial Markets -- for digital
signage, kiosks and retail stores, and Health Care -- for an
out-of-ear solution being developed for the hearing impaired. For
more information please visit the Company's website at
www.parametricsound.com.  
Cautionary note on forward-looking statements
 This press release
includes forward-looking information and statements. 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 that are based on management's belief, as
well as assumptions made by, and information currently available to,
management. While the Company believes that expectations are based
upon reasonable assumptions, there can be no assurances that 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
uncertainties regarding the ability to execute our marketing and
sales strategies, to obtain and retain customers in target sectors in
a timely manner, the acceptance of existing and future products, the
impact of competitive products and pricing, unanticipated delays in
manufacturing and shipping products to customers, the timing and
scheduling of customers' rollout plans, general business and economic
conditions and other factors detailed in the Company's Annual Report
on Form 10-K and other periodic reports filed with the SEC. The
Company specifically disclaims any obligation to update or revise any
forward-looking statement whether as a result of new information,
future developments or otherwise. 
PARAMETRIC SOUND CONTACT:
Tracy Neumann
888-HSS-2150, Ext 509
tneumann@parametricsound.com 
or 
INVESTOR RELATIONS CONTACT:
Dave Mossberg
Three Part Advisors, LLC
(817) 310-0051 
 
 
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