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Parametric Sound to change ticker to HEAR

Poway-based Parametric Sound Corp. (Nasdaq: PAMT) will change its Nasdaq ticker symbol to HEAR. The new symbol will become effective as of the opening of trading on Monday, April 14.

"Our new ticker symbol, HEAR, reflects the broader scope of our audio business as the result of our recent merger, and reflects our aspiration to become a global leader in commercial, healthcare and consumer audio," said Juergen Stark, CEO of Parametric Sound Corp. "Shareholders, partners and customers will recognize HEAR as a natural fit with our company, and we believe that the new ticker will help raise awareness for our growing business and contribute to the creation of long-term shareholder value."

Parametric Sound intends to change the company's name to Turtle Beach Corp. in May, with a corresponding change to the company's CUSIP number.

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