Turtle Beach Announces Global Launch of VelocityOne Flight Simulation Control System for Xbox and Windows

Rhea-AI Summary

VelocityOne Flight by Turtle Beach has made a significant impact by selling out globally within minutes during its launch. The product, which received the 'Best of Show' award from Android Authority, is aimed at flight simulation enthusiasts. Pre-orders sold out in under 15 minutes in major markets like the U.S., UK, and Germany. The product features an integrated yoke and throttle quadrant, providing both experienced users and newcomers an immersive experience. The retail price is set at $379.95.

Positive

• VelocityOne Flight sold out globally in minutes, reflecting high consumer demand.
• Awarded 'Best of Show' by Android Authority, enhancing brand reputation.
• The product includes advanced features like integrated yoke and throttle quadrant, appealing to simulation enthusiasts.

Negative

• None.

VelocityOne Flight Sold Out in Minutes Again as the Leading Accessory Brand Officially Entered the Flight Simulation Market

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced global launch of the brand’s award-winning VelocityOne™ Flight simulation control system. VelocityOne Flight garnered a ”Best of Show” from Android Authority when it was announced at E3 2021, and earlier this month pre-orders on www.turtlebeach.com sold out in less than an hour globally, and in under 15 minutes in key markets, including the U.S., UK, and Germany. Pre-orders have now shipped, and the remaining VelocityOne Flight units reserved for its November 14, 2021 launch also sold out in the U.S. and other markets in minutes.

VelocityOne Flight Sells Out in Minutes Again as the Leading Accessory Brand Officially Enters the Flight Simulation Market (Photo: Business Wire)

“Awards out of the gate and product selling out on www.turtlebeach.com, twice, certainly punctuates Turtle Beach’s impressive entry into the flight simulation hardware market,” said Juergen Stark, Chairman and CEO, Turtle Beach Corporation. “The extremely high excitement and demand for VelocityOne Flight shows that we’ve delivered the flight control system enthusiasts want. The integrated yoke, throttle quadrant, trim wheel, and extensive controls provide a comprehensive control system for experienced flight sim users, as well as plug-and-play ease for new enthusiasts.”

VelocityOne Flight was developed in collaboration with aeronautical engineers and pilots and by a dedicated Turtle Beach team with over two decades of experience creating many premier flight and racing simulation controllers. VelocityOne Flight delivers an immersive, authentic, and modern Xbox and PC flying experience, and is the perfect all-in-one flight controller system for experiencing Microsoft Flight Simulator 2020 on Xbox Series X|S. Pilots and flight sim enthusiasts can order VelocityOne Flight from www.turtlebeach.com and participating retailers worldwide. Initial quantities are still limited, so order your VelocityOne Flight today.

VelocityOne Flight offers intuitive and realistic controls and equips users across all experience levels with an all-inclusive system to experience the thrill of flight. A true-to-life 180° yoke handle with built-in rudder controls at your fingertips provide precise control of any aircraft. The included modular throttle quadrant with integrated trim wheel, both lever and vernier controls, and swappable lever handles offers at-home aviators enhanced customization and a realistic flight experience for both light and heavy aircraft. A simple USB connection offers users an easy setup process whether playing on an Xbox console or Windows. VelocityOne Flight is available now for a MSRP of $379.95.

For more information on the latest Turtle Beach products and accessories, visit www.turtlebeach.com and be sure to follow Turtle Beach on TikTok, Twitter, Instagram, and Facebook.

About Turtle Beach Corporation

Turtle Beach Corporation (www.turtlebeachcorp.com) is one of the world’s leading gaming accessory providers. The Turtle Beach brand (www.turtlebeach.com) is known for pioneering first-to-market features and patented innovations in high-quality, comfort-driven headsets for all levels of gamer, making it a fan-favorite brand and the market leader in console gaming audio for the last decade. Turtle Beach’s ROCCAT brand (www.roccat.com) combines detail-loving German innovation with a genuine passion for designing the best PC gaming products. Under the ROCCAT brand, Turtle Beach creates award-winning keyboards, mice, headsets, mousepads, and other PC accessories. Turtle Beach’s Neat Microphones brand (www.neatmic.com) creates high-quality USB and analog microphones for gamers, streamers, and professionals that embrace cutting-edge technology and design. Turtle Beach’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”, “goal”, “project”, “intend” and similar expressions, or the negatives thereof, 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 and expectations, 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 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 integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, the Company’s liquidity, 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20211116005496/en/

North America

Eric Nielsen

Step 3 Public Relations

202.276.5357

eric@step-3.com

MacLean Marshall

Sr. Director, Public Relations &

Brand Communications

Turtle Beach Corporation

858.914.5093

maclean.marshall@turtlebeach.com

Europe

Jessica Albiston

Sr. Marketing Communications Manager

Turtle Beach Germany GMBH

jessica.albiston@turtlebeach.com

Keith Hennessey

Sr. Director, Communications &

Partnerships – International

Turtle Beach

+ 44 (0) 1256 678350

keith.hennessey@turtlebeach.com

Investor Information:

Cody Slach or Alex Thompson

Gateway Investor Relations

949.574.3860

hear@gatewayir.com

Source: Turtle Beach Corporation

FAQ

What is VelocityOne Flight by Turtle Beach?

VelocityOne Flight is a simulation control system designed for flight enthusiasts, offering advanced controls for a realistic flying experience.

When was VelocityOne Flight launched?

VelocityOne Flight was officially launched on November 14, 2021.

What was the price of VelocityOne Flight?

The retail price of VelocityOne Flight is set at $379.95.

How quickly did pre-orders for VelocityOne Flight sell out?

Pre-orders for VelocityOne Flight sold out in less than an hour globally, with key markets seeing sell-outs in under 15 minutes.

What recognition did VelocityOne Flight receive?

VelocityOne Flight was awarded 'Best of Show' by Android Authority at E3 2021.