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   Technology StocksTurtle Beach Corp


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From: Savant2/9/2016 3:15:33 AM
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SAN DIEGO, Feb. 5, 2016 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), a leading audio technology company, has successfully closed its previously announced underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $1.00 per share (the Offering) and its separate, concurrent, side-by-side private placement of 1,700,000 shares of its common stock at a price of $1.00 per share (the Private Placement). Turtle Beach will receive approximately $6.2 million in net proceeds from the Offering and the Private Placement.

Insiders purchased an aggregate of $3.15 million of common stock in the Offering and the Private Placement. SG VTB Holdings, LLC, Turtle Beach's largest stockholder; Ronald Doornink, Turtle Beach's Chairman of the Board; and Juergen Stark, Turtle Beach's Chief Executive Officer; purchased an aggregate of 1.45 million shares of common stock in the Offering, and SG VTB Holdings, LLC purchased an additional 1.7 million unregistered shares of common stock in the Private Placement.

Turtle Beach will use all net proceeds from the Offering and the Private Placement for working capital and general corporate purposes, including applying such proceeds against the outstanding principal balance of its working capital line of credit with Bank of America (the Line of Credit) as required by the terms of the amendments to the Company's credit documents entered into on February 1, 2016 which, among other things, provide that on or prior to February 5, 2016, Turtle Beach receive net proceeds of not less than $6.0 million of additional capital and apply such proceeds against the Line of Credit.

The securities sold in the Offering described above were offered by the Company pursuant to a registration statement on Form S-3 which was filed with the Securities and Exchange Commission (SEC) and became effective on May 16, 2013.

Oppenheimer & Co. Inc. acted as the sole book-running manager, and Lake Street Capital Markets acted as co-manager for the Offering.

This press release does not constitute an offer to sell these securities or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the prospectus supplement and accompanying prospectus may be obtained from Oppenheimer & Co. Inc., 85 Broad Street, 26(th) Floor, New York, NY 10004, Attn: Syndicate Prospectus Department, by calling (212) 667-8563, by email to EquityProspectus@opco.com or by accessing the SEC's website at www.sec.gov.

About Turtle Beach Corporation

Turtle Beach Corporation (http://corp.turtlebeach.com) designs innovative, market-leading audio products for the consumer, healthcare and commercial sectors. Under its award-winning Turtle Beach brand (www.turtlebeach.com), the Company has been the clear market share leader for the past five-plus years with its wide selection of acclaimed gaming headsets for use with Xbox One and PlayStation(R) 4, as well as personal computers and mobile/tablet devices. Under the HyperSound brand (www.hypersound.com), the Company markets pioneering directed audio solutions that have applications in hearing healthcare, digital signage and kiosks and consumer electronics. The Company's shares are traded on the NASDAQ Exchange under the symbol: HEAR.

Cautionary Note on Forward-Looking Statements

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From: Savant5/11/2016 6:50:04 PM
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HEAR financial-The 'party trick' (HSS) is selling in European hearing centers

finance.yahoo.com

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From: Savant6/10/2016 12:04:33 PM
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HEAR-Hypersound Glass>>

*Again, it's still early in development and the applications are simply ideas on the drawing board*, but at the same time having HyperSound directional audio working on glass is very exciting and we can't wait to show it publicly for the first time at E3."

Turtle Beach Unveils HyperSound Glass - The World's First Transparent Directional SpeakersCompany's Latest Innovation in HyperSound Directional Audio Opens Doors for Future Product Possibilities
SAN DIEGO, June 8, 2016 /PRNewswire/ -- Turtle Beach Corporation ( HEAR), a leading audio technology company for over 40 years, has achieved another significant breakthrough with its HyperSound® technology, as the company revealed today it is now able to create directional audio using a transparent pane of glass. The Company's latest innovation opens the doors for exploration into future glass-based directional audio products and applications in the consumer, commercial and hearing healthcare spaces. Turtle Beach will be showing an early prototype of HyperSound Glass directional speakers at the 2016 Electronics Entertainment Expo, which takes place June 14-16, 2016 at the L.A. Convention Center.

"The advancements the HyperSound team is making with directional audio are simply amazing – some of the biggest breakthroughs in audio technology to come along in decades," said Juergen Stark, CEO, Turtle Beach Corporation. "Being able to create highly directional audio using glass opens up many potential opportunities, including integrating into desktop monitors, commercial displays, desktop speakers, and automotive dashboard glass to provide warnings directed specifically at the driver…pretty much anywhere there's glass there's a potential for audio. As we progress the technology, this also opens up licensing possibilities to external parties looking for ways to integrate the latest audio technology into their products. Again, it's still early in development and the applications are simply ideas on the drawing board, but at the same time having HyperSound directional audio working on glass is very exciting and we can't wait to show it publicly for the first time at E3."

HyperSound technology is a fundamentally new approach to sound delivery that generates a highly directional, narrow beam of audio in the air. Similar to how a flashlight directs a beam of light, HyperSound directs a beam of audio to targeted listeners in a specific spot, delivering an immersive, 3D-like audio experience. HyperSound Glass is similar in design to touchscreen glass, where there are multiple layers of transparent materials and electronics working in conjunction with the glass. For HyperSound Glass, the glass pane is layered with a set of transparent films allowing it to generate a beam of ultrasound that delivers crisp, clear audio to the targeted listener.

To learn more about HyperSound technology working on glass, go to HyperSound Innovations. For additional information on Turtle Beach's HyperSound Commercial and Hearing Healthcare products, including the HyperSound Clear 500P, visit the HyperSound and HyperSound Hearing websites.

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From: Savant6/10/2016 1:21:40 PM
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Insider sales.. analystratings.com

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From: Savant9/21/2016 1:16:56 PM
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Aug 29--Turtle Beach Corporation (NASDAQ: HEAR), a leading audio technology company for over 40 years, today announced that Chicago's leading audio/video retailer - Abt Electronics - is the first retailer in the nation to carry Turtle Beach's revolutionary HyperSound Clear(TM) 500P directed audio system for the home. Abt Electronics is showcasing the HyperSound system on their website and in their store's premiere demo room, where shoppers can experience audio unlike anything they've ever heard before.

photos.prnewswire.com

"With HyperSound's amazingly clear surround-sound experience you have to hear it to believe it and Abt Electronics is the perfect retailer to launch our pilot program that offers savvy electronics shoppers the opportunity to experience HyperSound directly," said Juergen Stark, CEO, Turtle Beach Corporation. "Time and time again we've witnessed people's real-time reactions to HyperSound and there's just no describing it - you simply need to sit in the beam and experience it for yourself, which is why I encourage everyone in the local Chicago area to visit the Abt store and get a proper HyperSound Clear 500P demo."

Added Mike Abt, Co-President, Abt Electronics, "I enjoyed the HyperSound demo and thought the speakers filled a big need for people struggling to hear the TV. Nothing bothers me more than a TV with the volume turned-up all the way, and the HyperSound Clear 500P enables someone having trouble understanding dialogue from the TV to listen at their own level, while the rest of the family can sit in the same room and enjoy the TV at its regular volume level."

HyperSound technology is Turtle Beach's fundamentally new approach to sound delivery that generates a highly directional beam of audio in the air. Similar to how a flashlight directs a beam of light, the HyperSound Clear 500P directs a beam of audio to targeted listeners, delivering an amazing, 3D audio experience that sounds as if you're wearing a high-end surround sound headset, yet without wearing anything on your head at all. HyperSound's unique directed audio has been shown to significantly1 improve sound clarity and speech intelligibility to provide a much better home entertainment listening experience for people struggling to hear the TV.

Abt Electronics is located at 1200 N. Milwaukee Ave. in Glenview, IL 60025. For more information about Abt Electronics, visit the store's website at www.abt.com or call (847) 544-2933. For additional information on Turtle Beach's HyperSound Clear 500P directed audio system for the home, visit hypersoundhearing.com.

About Abt ElectronicsAbt Electronics operates a 350,000 square-foot showroom in the Chicago suburb of Glenview, IL, where the company displays its collection of quality electronics products and appliances from a variety of different producers. The company also maintains an online site, www.abt.com, and is an authorized online vendor for a variety of top appliance and electronics brands. Throughout the company's 80 years of operation, Abt Electronics has remained family-owned and operated, weathering competition from large chain retailers by providing exemplary customer service, competitive prices, and award-winning installation and repair work.

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From: Savant9/21/2016 1:30:25 PM
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Sept 1..FDA clearance for Tinnitus Relief system add on...

Earlier this year Turtle Beach Corporation (NASDAQ: HEAR), a leading audio technology company for over 40 years, announced research regarding the use of its revolutionary HyperSound(R) Technology directed audio to alleviate Tinnitus. Today, Turtle Beach is excited and proud to announce the company has received FDA clearance on an all-new Tinnitus relief feature for its revolutionary HyperSound Clear(TM) 500P home audio system. The new Tinnitus add-on works in addition to the HyperSound Clear 500P's already proven ability to significantly1 improve the home entertainment listening experience for people with hearing loss.

photos.prnewswire.com

Looking beyond hearing loss, Tinnitus is another serious and widespread hearing health problem. Commonly known as "ringing in the ears," Tinnitus is the perception of sound when no actual external noise is present, and there is currently no cure for most types of Tinnitus. Additionally, the American Tinnitus Association2 states, "Millions of Americans experience Tinnitus, often to a debilitating degree, making it one of the most common health conditions in the country. The U.S. Centers for Disease Control estimates that 15% of the general public - over 50 million Americans - experience some form of Tinnitus, with approximately 20 million struggling with chronic Tinnitus, and two million living with extreme and debilitating cases."

"We're committed to advancing the clinical capabilities for how HyperSound Technology can help individuals with hearing issues," said Rodney Schutt, SVP and General Manager for the HyperSound business at Turtle Beach Corporation. "HyperSound is still in its infancy as the HyperSound Clear 500P has been out less than a year, and in that time we've addressed two prominent hearing healthcare issues. First, we've re-created a comfortable home entertainment environment where people with hearing loss and their family and friends can return to the TV room and enjoy the latest entertainment together, and now we may be able to provide relief for people suffering from Tinnitus. These are groundbreaking, all-new solutions for managing these two specific hearing issues that affect millions of people around the world, and we plan to continue to research and test other areas where HyperSound Technology may have the potential to be a hearing healthcare solution or provide exceptional improvements in the home entertainment environment."

Added Dr. Ritvik Mehta, Founder and Medical Director of the California Hearing & Balance Center, "As a hearing healthcare professional, I'm very excited to be part of another significant breakthrough in hearing healthcare, driven by Turtle Beach's HyperSound Technology and backed with our research. Our clinical study included 11 adult patients living with chronic Tinnitus, and initial results demonstrate impressive reductions in Tinnitus loudness and annoyance, when sitting in the HyperSound Clear 500P's directed audio beam using the Tinnitus add-on."

While there's no cure for Tinnitus, one of the current treatment methods is to wear headphones, earbuds or a hearing aid that delivers sounds to cancel-out the perceived "ringing in the ears." Unfortunately, while an effective solution, wearing any of these devices is often uncomfortable, especially over long periods of time and at night when trying to sleep. The new Tinnitus add-on for Turtle Beach's HyperSound Clear 500P comes pre-programmed with nine soothing sounds, including steam, rain, wind, fan, shower, forest, waves, white and brown noises from which users can choose, and when pointed at a person with Tinnitus, may relieve the "ringing in the ears" sound. The key difference with the HyperSound Clear 500P is that now people have the freedom to sit in their favorite spot in the house, or sleep comfortably in their bed without wearing any device on their head. This has the potential to improve the quality of life for somebody living with chronic Tinnitus.

HyperSound Technology is a fundamentally new approach to sound delivery that generates a directional, narrow beam of audio in the air that can be pointed to a very specific location. Similar to how a flashlight directs a beam of light, the HyperSound Clear 500P directs a beam of audio to targeted listeners, delivering an immersive, 3D audio experience, which helps people hear and understand the television more clearly.

To learn more about Turtle Beach's HyperSound Technology, the HyperSound Clear 500P and the new Tinnitus add-on feature, please visit the official website at hypersoundhearing.com. Dr. Mehta and Dr. Mattson are paid consultants of Turtle Beach.

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From: Savant7/12/2017 9:47:22 AM
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Astralis will Begin Using Turtle Beach's Elite Pro - PC Edition as Their Official Gaming Headset and Will Collaborate with Turtle Beach on the Development of an All-New Line of PC Gaming Headsets SAN DIEGO, June 22, 2017 /PRNewswire/ -- In its ongoing commitment to esports, leading gaming headset and audio accessory maker Turtle Beach Corporation (NASDAQ: HEAR) today announced a new partnership with Astralis -- one of the most prolific Counter-Strike: Global Offensive (CS: GO) teams in the world. In tandem, Turtle Beach also revealed it's bringing its groundbreaking Elite Pro Tournament Gaming Headset to PC gamers with the all-new Elite Pro -- PC Edition, planned to launch this July. Astralis is one of the most successful CS: GO teams around the globe, having already won IEM Katowice and the ESL Major in Atlanta, and consistently held the top spot in world rankings in 2017. Through this new partnership, Astralis' world-beating CS: GO team will begin using Turtle Beach's new Elite Pro -- PC Edition gaming headset and other Turtle Beach gear and accessories as they continue to dominate the competitive CS: GO scene. In addition, Astralis' players will be a key part of Turtle Beach's future product development process, ensuring the needs of the best pro players in the world are being met in the next generation of Turtle Beach gaming audio products designed for PC. "I can't think of a better way to strengthen our presence in the PC gaming market and to fortify the foundation for sustained success, than by joining forces with one of the most preeminent esports organizations in the world and arming them with what's arguably the best gaming headset available," said Juergen Stark, CEO, Turtle Beach Corporation. "With so many console gamers, pro players and teams already enjoying the Elite Pro since its debut last year, we knew we needed to extend this offering to gamers playing on PC too. This new partnership with Astralis continues to show that the best gamers in the world choose to work with Turtle Beach, and not only are we excited to jointly debut our new Elite Pro -- PC Edition together, but we're looking forward to working with them to bring even more groundbreaking gaming headsets to the PC space in the future." "Whether it's about facilities, equipment, training or events, at RFRSH we're always working to achieve the optimum and to improve further -- and this was a key mindset as we were looking to optimize the teams' and players' audio equipment," said Jordi Roig, Chief Commercial Officer, RFRSH Entertainment -- Astralis' management firm. "We were looking for a company that was not only dedicated to excellent performance, but one that would also be a true partner in every sense of the term, and after an exhaustive search for a new audio partner for Astralis, we're very pleased to welcome Turtle Beach to the team. The Astralis players and staff have tested the Elite Pro equipment extensively, and we truly believe, together with Turtle Beach, Astralis will become a major part of creating a new standard of PC audio products." Full details for the Elite Pro -- PC Edition professional gaming headset include: -- ComforTec(TM) Fit System -- Experience a groundbreaking new level of comfort with this revolutionary, adjustable fit system. -- Aerofit(TM) Ear Cushions -- Revolutionary material technologies combine to keep your ears comfortable and cool, while also blocking out external noise and improving bass response. -- ProSpecs(TM) Glasses Relief System -- Comfortably wear your headset with glasses thanks to our patented, pressure-relieving technology. -- DTS Headphone:X(R) Surround Sound Technology -- Creates a unique, immersive 7.1 channel soundstage around your head so you can pinpoint the exact location of every sound. -- DTS Surround Sound Modes -- Personalize your audio preferences with surround sound modes specifically tuned for games, movies and music. -- Superhuman Hearing(TM) -- Gain the competitive advantage by hearing every single sound around you, like other players sneaking-up behind you and enemy weapon reloads around a corner just before an ambush, and vehicles off in the distance bringing in reinforcements. Hear Everything. Defeat Everyone. -- Pro Gaming Mic with TruSpeak(TM) Technology -- Ensure your voice is heard loud and clear with this professional quality mic. -- 50mm Nanoclear(TM) Speakers -- Immerse yourself in the game and hear your teammates clearly, thanks to our signature esports audio tuning and large, powerful 50mm speakers. -- Additional ELITE PRO Products -- Visit www.turtlebeach.com/elite-pro-headsets The Elite Pro -- PC Edition is available for pre-order at www.turtlebeach.com and participating retailers starting today, and is planned to launch this July for a MSRP of $199.95. For more information on the latest Turtle Beach gaming headsets and audio accessories, visit www.turtlebeach.com, and be sure to follow Turtle Beach on Facebook, Twitter and Instagram. About Astralis Astralis is a leading esports organization, with one of the world's best Counter-Strike: Global Offensive teams. The organization is the first ever to be co-owned by the players in the esports industry. Learn more at astralis.gg and on Twitter @astralisgg. About Turtle Beach Corporation Turtle Beach (www.turtlebeach.com) has been revolutionizing console multiplayer gaming since the very beginning with its wide selection of industry leading, award-winning gaming headsets. Whether you're a professional esports athlete, hardcore gamer, casual player or just starting out, Turtle Beach has the gaming headset to help you truly master your skills. Innovative and advanced technology, amazing audio quality, clear communication, lightweight and comfortable designs and ease-of-use are just a few features that have made Turtle Beach a fan-favorite brand for gamers the world over. Made for Xbox and PlayStation(R) consoles as well as for PC, Mac(R) and mobile/tablet devices, having a Turtle Beach gaming headset in your arsenal gives you the competitive advantage. The Company's shares are traded on the NASDAQ Exchange under the symbol: HEAR. Cautionary Note on Forward-Looking Statements

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From: Savant9/6/2017 1:47:33 PM
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On Xbox One, the Stealth 700 & Stealth 600 are the First Headsets in the World to Use Microsoft's Xbox Wireless Technology to Connect Directly to the Console SAN DIEGO, Sept. 5, 2017 /PRNewswire/ -- This morning, leading gaming headset and audio accessory brand Turtle Beach (NASDAQ: HEAR) announced the global retail availability of the company's all-new Stealth 700 & Stealth 600 series wireless surround sound headsets for the Xbox One family of devices (Xbox One, Xbox One S, and Xbox One X), and the Stealth 600 wireless surround sound headset for PlayStation(R) 4. The Stealth 700 headset for PS4(TM) launches globally on September 24, 2017. With today's launch, the Stealth 700 for Xbox One joins the Stealth 600 for Xbox One as the first two gaming headsets in the world that use Microsoft's Xbox Wireless technology to connect directly to the console just like your Xbox Wireless Controller. No wires, no base station, and no adapter needed. When paired directly to Xbox One, gamers simply need to turn on their headset and start playing.
Beyond groundbreaking wireless connectivity and immersive surround sound, the Stealth 700 & Stealth 600 series headsets feature everything from Turtle Beach's unique ProSpecs(TM) Glasses Friendly and comfort-driven design to its exclusive Superhuman Hearing(TM) sound setting that gives you a competitive advantage, and much more...all for a MSRP starting at $99.95. The Stealth 700 headsets also offer Active Noise-Cancellation, Bluetooth connectivity with app-based settings, and other features for a MSRP of $149.95. The Stealth 700 & 600 series headsets are available today at www.turtlebeach.com and participating retailers around the world. "Holiday 2017 is going to be another great season for gaming, and the Stealth 700 & Stealth 600 redefine what gamers should expect from a wireless gaming headset at the $99 and $149 price points," said Juergen Stark, CEO, Turtle Beach Corporation. "With the imminent launch of Xbox One X as well as a handful of AAA multiplayer game launches on the horizon, we know gamers will be looking for a new or replacement headset, and the Stealth 700 & 600 are great choices with our signature high-quality sound for the best possible gaming audio experience, supported with features we know can help them play better and win more." Gaming technology is advancing fast, and the Stealth 700 & 600 are the latest wireless surround sound gaming headsets for Xbox One and PS4, offering gamers a wealth of features and comfort, including: -- Wireless Game & Chat -- With Xbox Wireless, gamers on Xbox One can connect their Stealth 700 & 600 directly to the console just like an Xbox Wireless Controller -- no wires, no base station, and no adapter needed. On PS4, the included USB transmitter connects the headsets to the console using the latest smart, channel-hopping technology. -- Immersive Surround Sound -- On Xbox One the Stealth 700 & 600 are optimized to deliver immersive Windows Sonic for Headphones surround sound to bring your games, movies and music to life. The Stealth 700 for PS4 features DTS: Headphone:X(R) surround sound technology for amazing 7.1 channel surround sound, and the Stealth 600 for PS4 uses Turtle Beach Virtual Surround Sound. -- Active Noise-Cancellation (Stealth 700 only) -- The Stealth 700 for Xbox One and PS4 offers gamers Active Noise-Cancellation to eliminate unwanted background distractions for complete gaming immersion. -- Bluetooth Connectivity with App-Based Settings (Stealth 700 only) -- The Stealth 700 for Xbox One and PS4 also features Bluetooth so you can quickly change audio settings on the fly by being connected to the new Turtle Beach Audio Hub app, as well as stream music and take calls from your mobile device while gaming. -- Glasses Friendly -- Turtle Beach's unique ProSpecs(TM) comfort-driven design removes pressure on your glasses while you play. -- Powerful 50mm Speakers -- Large, powerful 50mm over-ear speakers produce crisp highs and thundering lows. -- Flip-up Microphone -- Turtle Beach's renowned high-sensitivity mic picks up your voice loud and clear, and flips up out of the way to mute, and blends into the headsets' design when not in use. -- Superhuman Hearing(TM) -- From quiet footsteps sneaking-up from behind to enemy weapon reloads just before an ambush, Superhuman Hearing(TM) lets you hear it all. Hear Everything. Defeat Everyone.(TM) -- Independent Game & Chat Volume Control -- Find the perfect balance between game audio and chat audio. -- Dynamic Chat Boost(TM) (Stealth 700 only) -- Activate to automatically increase incoming chat volume over game audio so you hear your teammates clearly. -- Mic Monitoring -- Hear the volume of your voice inside the headset so you never have to shout. -- Audio Presets, Including Bass Boost -- Customize the way your game sounds with four audio presets, including Bass Boost. --
All-Day Battery Life -- The Stealth 600 headsets let gamers enjoy up to 15 hours of gaming per charge. The Stealth 700 offers gamers up to 10 hours of gaming per charge, and can go longer depending on how much the Active Noise-Cancellation and Bluetooth features are used. For more information on the Stealth 700 & Stealth 600 wireless gaming headsets for the Xbox One family of devices and PS4, as well as the latest Turtle Beach products and accessories, visit www.turtlebeach.com and be sure to follow Turtle Beach on Facebook, Twitter and Instagram. About Turtle Beach Corporation Turtle Beach (www.turtlebeach.com) has been revolutionizing console multiplayer gaming since the very beginning with its wide selection of industry leading, award-winning gaming headsets. Whether you're a professional eSports athlete, hardcore gamer, casual player or just starting out, Turtle Beach has the gaming headset to help you truly master your skills. Innovative and advanced technology, amazing audio quality, clear communication, lightweight and comfortable designs and ease-of-use are just a few features that have made Turtle Beach a fan-favorite brand for gamers the world over. Made for Xbox and PlayStation(R) consoles as well as for PC, Mac(R) and mobile/tablet devices, having a Turtle Beach gaming headset in your arsenal gives you the competitive advantage. The Company's shares are traded on the NASDAQ Exchange under the symbol: HEAR. Cautionary Note on 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.
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, risks related to the Company's liquidity, the substantial uncertainties inherent in the 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, the outcome of our HyperSound strategic review process 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, the Company's most recent Quarterly Report on Form 10-Q, 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 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. All trademarks are the property of their respective owners.

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From: Savant4/9/2018 9:18:50 PM
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Gfinity to Use Turtle Beach's Elite Pro Headsets Exclusively for the Elite Series Throughout 2018

SAN DIEGO, March 13, 2018 /PRNewswire/ -- In its ongoing commitment to esports, leading gaming headset and audio accessory brand Turtle Beach today announced a new partnership with Gfinity plc (AIM: GFIN) -- a leading international esports entertainment group. The partnership sees Turtle Beach become the official audio partner of the Gfinity Elite Series for Season Three and Season Four.

Starting with the open-to-all Challenger Series, the Gfinity Elite Series provides opportunities for gamers to be drafted to the ranks of top pro teams, who then compete weekly over the season to become Elite Series Champions. The competition will take place live in the Gfinity Esports Arena in London.

At the arena, the 10 pro teams will be using Turtle Beach's unparalleled Elite Pro Tournament Gaming Headset and Tactical Audio Controller, which are tailor-made for esports athletes. The Elite Pro delivers best-in-class audio performance for game sound and team chat, plus innovative comfort-driven technologies to ensure players stay comfortable and cool under pressure.

The Gfinity Elite Series Season Three started on Friday, March 9, 2018 with EA SPORTS' FIFA 18 joining existing favourites Street Fighter V and Rocket League. The regular season is played over five weeks, culminating in a three-week final as teams compete for their share of a GBP250,000 prize pool.

"We aim to support esports at every level, from grass roots to pro players, and this is a core value shared by Gfinity and the Elite Series -- making this partnership a perfect match," said Julian Woods, Managing Director Turtle Beach EU. "Using the best equipment is crucial to finding success in esports, and we're extremely happy Gfinity sees our Elite Pro as the path to delivering the best possible audio experience for the Elite Series competitors."

"We are delighted to announce Turtle Beach as a commercial partner for Gfinity Elite Series in 2018," said Neville Upton, Chief Executive of Gfinity. "The Elite Pro is the preferred choice for pro gamers, offering exceptional comfort and crisper sound that will take this year's series to another level in performance."

For more information about the Gfinity Challenger season, which is free and open to everyone, please visit challenger.gfinityesports.com. For additional details on the entire EA SPORTS FIFA 18 Global Series, please visit www.FUTChampions.com.

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From: Savant4/9/2018 9:20:32 PM
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SAN DIEGO, April 6, 2018 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), a leading gaming headset and audio accessory company, is announcing that its board of directors have approved a 1-for-4 reverse split of its common stock, effective as of the close of business today.

As a result of the reverse stock split, every four shares of the Company's common stock will be converted into one share of common stock, reducing the number of issued and outstanding shares from approximately 49.4 million to approximately 12.4 million. No fractional shares of common stock will be issued in connection with the reverse stock split, and any fractional shares created as a result of the reverse stock split will be rounded up to one additional whole share. The number of Turtle Beach's authorized shares and the number of shares issuable upon vesting or the exercise of equity awards such as stock options and other derivative securities, along with the corresponding exercise prices thereof, will each be proportionally adjusted.

Turtle Beach expects its common stock to commence trading on a split-adjusted basis as of the open of trading on Monday, April 9, 2018. Turtle Beach's trading symbol will remain "HEAR."

"Today's reverse stock split will enable Turtle Beach to regain compliance with NASDAQ's continued listing standards regarding bid price and allow us to remain focused on furthering our position as the leader in console gaming headsets," Juergen Stark, CEO, Turtle Beach. "We believe we remain well positioned to do so with the broadest portfolio of products and an improved balance sheet, underpinned by a very robust North American and European console gaming market."

The Company's common stock will trade under a new CUSIP number (900450 206) following the effectiveness of the reverse stock split.

About Turtle Beach Corporation

Turtle Beach (www.turtlebeach.com) has been revolutionizing console multiplayer gaming since the very beginning with its wide selection of industry-leading, award-winning gaming headsets. Whether you're a professional eSports athlete, hardcore gamer, casual player, or just starting out, Turtle Beach has the gaming headset to help you truly master your skills. Innovative and advanced technology, amazing audio quality, clear communication, lightweight and comfortable designs, and ease-of-use are just a few features that have made Turtle Beach a fan-favorite brand for gamers the world over. Made for Xbox and PlayStation(R) consoles as well as for PC, Mac(R), and mobile/tablet devices, having a Turtle Beach gaming headset in your arsenal gives you the competitive advantage. The Company's shares are traded on the NASDAQ Exchange under the symbol: HEAR.

Cautionary Note on 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. 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, risks related to the impact of the reverse stock split on the trading price and volume of the Company's common stock, the Company's liquidity, the substantial uncertainties inherent in the 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, the Company's continued listing on the Nasdaq, 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, Quarterly Report on Form 10-Q, 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 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.

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