American Technology Corporation and iPort Media Enter into Marketing and Distribution Agreement.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--May 29, 2003 iPort Media To Market and Distribute 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 (R) Equipped Displays to Optical Industry American Technology Corporation Further information might be found on the talk page or at requests for expansion. (Nasdaq: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 ) today announced a marketing and distribution agreement with privately owned iPort Media. Under the agreement, iPort Media will market and distribute audio/visual displays featuring American Technology Corporation's (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 ) patented HSS to the worldwide optical retail industry. The displays, known as iPort Systems, will be customized for regional areas by narrowcasting Narrowcasting has traditionally been understood as the dissemination of information (usually by radio or television) to a narrow audience, not to the general public. Some forms of narrowcasting involve directional signals or use of encryption. infomercials interspersed with local news and weather. The infomercials will feature the latest information on frames, lenses, contacts, Lasik eye surgery and vision-related pharmaceutical products. Ed Weiner, Vice Chairman of iPort Media said, "ATC's HyperSonic hy·per·son·ic adj. Of, relating to, or capable of speed equal to or exceeding five times the speed of sound. hy Sound is the perfect complement to our multimedia solution for the optical retail market. HSS technology offers us the only viable audio solution for our iPort Systems that we are targeting at the estimated 150,000 worldwide optical locations." "iPort Media is at the forefront in bringing advanced marketing of optical products and services to tens of thousands of optical retailers throughout the world. We are excited to work with iPort Media enabling their iPort Systems with HSS," said James M. Irish, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ATC iPort Media was founded by Dr. Arthur J. Jordan, co-founder of the Northeastern Eye Institute of Pennsylvania, one of the largest ophthalmological/optometric practices in the United States. Dr. Jordan was the first to marry ophthalmology, optometric and opticianry services in the interest of improved patient care. ATC's award-winning HSS technology is a revolution in speaker technology. HSS uses ultrasonic emitters to project extremely focused sound to cover a specified listening area without the omni-directional dispersion associated with traditional loudspeakers. For more information on HyperSonic Sound please go to www.atcsd.com. About American Technology Corporation American Technology Corporation is Shaping the Future of Sound(R) by developing and licensing its technology and intellectual property portfolio which includes: the award-winning HSS(R) (HyperSonic(R) Sound Technology); NeoPlanar(R) Technology; PureBass(R) Sub-Woofer Technology; HIDA HIDA Health Industry Distributors Association HIDA Hepatobiliary Iminodiacetic Acid (scan to evaluate galbladder) HIDA High Intensity Directional Acoustics (American Technology Corporation and Carver Corporation) (TM) (High Intensity Directed Acoustics) 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(R) Technology. The Company is establishing a strong portfolio of patents, trademarks, and know-how including over 124 U.S. and Foreign patents and patent filings to date. For more information on the company and its technologies and products please visit our web site at www.atcsd.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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: This document contains forward-looking statements relating to future transactions, performance, technology and product development which may affect future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risks and uncertainties, including the ability of the company to continue as a going concern, development of future products, technological shifts, potential technical or manufacturing difficulties that could delay new products, competition, general economic factors, pricing pressures, the uncertainty of market acceptance of new products and services by OEMs and end-user customers, and other factors identified and discussed in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from the company's current expectations. American Technology Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated by it. |
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