Turtle Beach Becomes an Official Sponsor of UCSD Esports

Rhea-AI Summary

Turtle Beach (NASDAQ: HEAR) has partnered with UC San Diego to become the primary gaming accessory provider for the university's new Triton Esports Center. This collaboration includes supplying top-tier gaming equipment like Elite Pro 2 headsets, along with funding support for the UCSD Esports scholarship program. The initiative emphasizes cultivating an inclusive gaming culture and enhancing opportunities for student-athletes in collegiate esports. Through this partnership, Turtle Beach aims to foster growth within the gaming community and support future esports champions.

Positive

• Partnership with UC San Diego enhances brand visibility in the collegiate esports sector.
• Supply of premier gaming products reinforces Turtle Beach's reputation as a leading gaming accessories provider.
• Investment in UCSD Esports scholarship program may attract talent and improve community relations.

Negative

• None.

Turtle Beach is Providing UC San Diego’s Gaming Teams with Premier Gaming Equipment and Will Support the University’s Esports Scholarship Program

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Turtle Beach (NASDAQ: HEAR), a global leader in gaming accessories and best-selling console gaming audio brand, today announced it has become an official sponsor of UCSD Esports and the primary gaming accessories provider for UC San Diego’s new Triton Esports Center (TEC). Through the new partnership, Turtle Beach will provide UC San Diego’s competitive esports teams with premier gaming accessories. Turtle Beach is providing its legendary Elite Pro 2 competitive gaming headset and best-selling Stealth 600 wireless console headsets. Additionally, ROCCAT – Turtle Beach’s award-winning PC brand – is providing an assortment of its latest precision PC equipment like the Kone Pro mice, Vulcan TKL Pro keyboards, Elo 7.1 USB PC headsets, and more. Turtle Beach is also allocating funds to support the UCSD Esports scholarship program to help student-athlete gamers study at a world class institution and compete in the dynamic world of collegiate esports.

Turtle Beach is now a sponsor of UC San Diego Esports and also the official gaming accessory provider to UCSD's competitive esports teams. (Graphic: Business Wire)

“Like UC San Diego, Turtle Beach is driven to foster inclusive gaming culture, and we do that by supporting industry and local community leaders who cultivate spaces that bolster the gaming community and allow all gamers to compete at their highest levels,” said Juergen Stark, Chairman and CEO, Turtle Beach Corporation. “It is a privilege to support such a phenomenal school, which is located in the same community as our primary west coast office. We look forward to many national championships in the future, but more importantly we are honored to help support and shape some of the brightest minds in college while they are in school, and to help prepare them to be successful leaders once they graduate and start their chosen careers.”

“UC San Diego leadership and Recreation are excited to champion the growth and development of UCSD Esports and the gaming communities on campus. With the opening of our first Triton Esports Center approaching, the partnership with Turtle Beach and ROCCAT showcases the incredible community that builds, supports, and accelerates esports forward,” notes Rich Mylin, Director of UC San Diego Recreation. “Furthermore, the investment they have made in creating scholarship opportunities for students will have a tremendous impact well beyond today.”

UCSD Esports was established in 2019 in partnership with student gaming organizations, including Triton Gaming, one of the nation’s biggest collegiate networks for esports and video games. It provides students and the campus community an electrifying program to rally around within the Triton Esports Center (TEC). Currently, the program supports competitive teams in League of Legends, Overwatch, Rocket League, StarCraft II, Super Smash Bros. Ultimate, Valorant, and Splatoon 2.

For additional information on UCSD Esports, please be sure to visit https://recreation.ucsd.edu/competitive-sports/teams/esports/ and follow them on Facebook, Instagram, Twitter and Twitch.

For more on the latest Turtle Beach products and accessories, visit www.turtlebeach.com and follow Turtle Beach on TikTok, Twitter, Instagram, and Facebook. Visit ROCCAT.com to experience the latest precision gaming equipment from the award-winning PC accessory brand, and follow ROCCAT on TikTok, Twitter, Instagram, Facebook, and YouTube.

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 gamers, 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/20210915005258/en/

Turtle Beach

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

Investor Information:

Cody Slach or Alex Thompson

Gateway Investor Relations

949.574.3860

hear@gatewayir.com

UC San Diego

Liz Henry

Associate Director, Engagement

UC San Diego Recreation

858.534.8085

eshenry@ucsd.edu

Chris Griebenow

Esports Manager

UC San Diego Recreation

858.534.2630

cgriebenow@ucsd.edu

Source: Turtle Beach

FAQ

What partnership did Turtle Beach (HEAR) recently announce?

Turtle Beach announced a partnership with UC San Diego to become the primary gaming accessory provider for the university's Triton Esports Center.

How will Turtle Beach support UC San Diego's esports program?

Turtle Beach will provide premier gaming equipment and funds for the UCSD Esports scholarship program.

What products will Turtle Beach supply to UC San Diego's esports teams?

Turtle Beach will supply products including the Elite Pro 2 headsets and Stealth 600 wireless console headsets.

When was the partnership between Turtle Beach and UC San Diego announced?

The partnership was announced on September 15, 2021.

What benefits does the partnership offer to UC San Diego's esports community?

The partnership provides access to high-quality gaming accessories and scholarship support for student gamers.