American Technology Corporation Allowed First U.S. Patent On HSS Technology; Hires Director of Technology Transfer.SAN DIEGO--(BUSINESS WIRE)--Aug. 20, 1998--American Technology Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ATCO ATCO Air Traffic Control Officer ATCO Association of Transport Coordinating Officers (UK) ATCO Air Tanker/Fixed Wing Coordinator ATCO Aviation Transportation Coordination Office ATCO Air Taxi and Commercial Operator ), announced today that the U.S. Patent and Trademark Office (PTO PTO abbr. 1. Parent Teacher Organization 2. or p.t.o. please turn over 3. power takeoff PTO or pto please turn over Noun 1. ) has issued a Notice of Allowance on the first of many HyperSonic hy·per·son·ic adj. Of, relating to, or capable of speed equal to or exceeding five times the speed of sound. hy (TM) Sound (HSS HSS Humanities and Social Sciences HSS High Speed Steel HSS Home Subscriber Server (3GPP) HSS Hospital for Special Surgery (New York, NY, USA) HSS Hospital for Special Surgery HSS History of Science Society (TM)) and Stratified stratified /strat·i·fied/ (strat´i-fid) formed or arranged in layers. strat·i·fied adj. Arranged in the form of layers or strata. Field(TM) (SFT SFT Statens Forurensningstilsyn (Norwegian Pollution Control Authority) SFT System Fault Tolerance SFT Shaft SFT Secure File Transfer SFT School Food Trust (UK) SFT Societe Francaise des Traducteurs (TM)) technology patent filings. "The PTO's decision to allow the claims on our first HSS patent is an important milestone in the protection of our sound reproduction technologies," said Con Brosnan, president and chief executive officer of ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered . "We are confident we will receive many more allowances on our expanding HSS and SFT technology portfolio to provide our licensing partners broadly protected intellectual property. HSS and SFT provide superior audio solutions that we believe will enable ATC to quickly become an important player in the greater than $75 billion consumer electronics industry." HyperSonic Sound is an award-winning proprietary technology in sound reproduction that employs ultrasonic tones in a new process to produce sound directly in the air. HSS eliminates many forms of distortion and reduces room acoustical effects. HSS uses little space and weight and is comparatively efficient and cost competitive relative to direct radiating loudspeakers. The laser-like HSS ultrasonic beam can project audible sound to virtually any listening environment creating many new sound applications previously impossible with existing speaker technology. SFT is a patents-pending flat panel speaker technology that offers superior performance over conventional loudspeakers in an easily manufactured ultra-thin form factor. The light-weight SFT speaker is totally non-magnetic and contains no crossover network, voice coil or other components found in traditional loudspeakers. SFT can be produced in a variety of sizes and shapes without the costly and exacting manufacturing process demanded of traditional high-end loudspeaker systems. ATC also announced the hiring of Terry J. Conrad as Director of Technology Transfer. Conrad previously worked for Carver Corp. where, for the last eight years, he held the positions of Director of Quality, General Manager of the Service and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Divisions, Director of Engineering and Vice President of Operations. Conrad responsibilities will include packaging and transferring SFT and HSS technical information to licensees and OEM manufacturers. "With the addition of Mr. Conrad, we have completed the foundation of our technical team that enables us to quickly and efficiently transfer both SFT and HSS to licensees," said James Croft, vice president of Engineering. "With over 20 years of industry experience, Terry is a key addition to our staff." American Technology Corp. is a globally recognized developer and licenser of patented and patents-pending leading-edge sound reproduction technologies and electronic products. ATC's technology portfolio includes the award-winning HSS and SFT sound reproduction technologies, Global Position Satellite (GPS) Tracker(TM) technology, Jet Engine Noise Reduction technology and AM/FM/Solar Sounds(TM) radio products. For more information on the company and its technologies and products visit www.atcsd.com. Note to Editor: Safe Harbor statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the electronic products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
CONTACT: American Technology Corp.
Robert Putnam, 619/679-3168
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