Turtle Beach's New Stealth 700 Gen 2 And Stealth 600 Gen 2 Headsets For Xbox One, Xbox Series X | S, PlayStation 4, And PlayStation 5 Available At Retail This Sunday, September 20, 2020

Rhea-AI Summary

Turtle Beach (NASDAQ: HEAR) announced the launch of its new Stealth 700 Gen 2 and Stealth 600 Gen 2 gaming headsets for Xbox and PlayStation, available on September 20, 2020. These headsets build on the success of their predecessors with enhanced features including upgraded audio quality, a larger flip-to-mute mic, impressive comfort, and cross-generation compatibility. The Stealth 700 Gen 2 is priced at $149.95 and the Stealth 600 Gen 2 at $99.95. CEO Juergen Stark highlighted the anticipated boost in sales due to expected holiday demand.

Positive

• Launch of Stealth 700 Gen 2 and Stealth 600 Gen 2 headsets expected to boost sales.
• Headsets maintain attractive price points of $149.95 and $99.95.
• Enhanced features and comfort are likely to attract a larger customer base.

Negative

• None.

SAN DIEGO, Sept. 17, 2020 /PRNewswire/ -- Leading gaming headset and audio accessory brand Turtle Beach (NASDAQ: HEAR) today announced the new Stealth 700 Gen 2 gaming headsets for Xbox and PlayStation¹ will be available this Sunday, September 20, 2020. Additionally, the Stealth 600 Gen 2 for Xbox will also be available on Sept. 20^th, while the Stealth 600 Gen 2 for PlayStation is already on store shelves. The Gen 2s are successors to Turtle Beach's highly-acclaimed Stealth 700 and Stealth 600 headsets, and are designed to propel the best-sellers² to new heights with a refined, premium build and sleeker look, and cross-generation console compatibility with Xbox One and Xbox Series X | S, and with PlayStation^®4 and PlayStation^®5. Couple that with powerful game sound, crystal-clear chat through a larger flip-to-mute mic that seamlessly blends into the earcup, plus all-day comfort, and the Gen 2s are destined to continue the Stealth 700 and Stealth 600's run as best-selling wireless gaming headsets. Stealth 700 Gen 2 and Stealth 600 Gen 2 will be available at participating retailers worldwide and from www.turtlebeach.com for the same attractive MSRPs as their predecessors at $149.95 and $99.95, respectively.

"These new Stealth 700 and 600 Gen 2 headsets offer gamers two incredible wireless options for both current and next-gen consoles that will further our reputation for delivering the best gaming headsets," said Juergen Stark, CEO, Turtle Beach. "On top of the record growth we're seeing this year, we're excited to launch the next generation of our top-selling wireless headsets into what we expect will be an exciting holiday season with big game launches and new Xbox and PlayStation consoles."

Stealth 700 and 600 Gen 2s were created to continue the legacy of the two best-selling products in their price tiers³ since launching in 2017. The Gen 2 versions once again deliver the perfect combination of advanced and seamless wireless connectivity, powerful game audio, crystal-clear chat, unrivaled comfort and build quality, innovative and impressive features, and an accessible price. Full details for the Stealth 700 Gen 2 and Stealth 600 Gen 2 below:

Stealth 700 Gen 2
Turtle Beach's Stealth 700 Gen 2 features a host of updates including upgraded performance, comfort and styling. Game audio on the Stealth 700 Gen 2 has been tuned and refined to deliver even more detailed and precise sound, giving gamers a better chance to hear everything and defeat everyone. A larger, high-sensitivity flip-to-mute mic enhances chat clarity and seamlessly conceals into the earcup when muted. Aerofit™ cooling gel-infused memory foam ear cushions surround upgraded 50mm Nanoclear™ speakers, and a redesigned metal-reinforced headband provides long-lasting comfort and durability. Battery life has been upgraded significantly with a 20-hour lifespan. Gamers can also use Bluetooth^® to connect to the all-new Turtle Beach Audio Hub app to easily customize their audio and program the headset's remappable dial and button, as well as to simultaneously listen to music or take mobile calls while gaming. Xbox fans can once again take advantage of Xbox Wireless technology which automatically connects the headset directly to the console.

Stealth 600 Gen 2
The Stealth 600 Gen 2 also includes meticulously refined audio, as well as a larger high-sensitivity flip-to-mute mic that delivers crystal-clear chat and now seamlessly integrates into the headset when muted. The Stealth 600 Gen 2's headband and hinge design have been reinforced for added long-term durability, and plush, glasses-friendly ear cushions provide comfort while the 50mm speakers produce high-quality, immersive game sound. A user-friendly audio preset button on the headset allows for easy access to customize audio, and gamers can still count on Turtle Beach's exclusive Superhuman Hearing^® for an audio advantage on the battlefield. Finally, connectivity on Xbox is still easy as ever, using Xbox Wireless technology so gamers can connect to their Xbox with the push of a button.

For more information on the Turtle Beach's all new Stealth 700 Gen 2 and Stealth 600 Gen 2 wireless gaming headsets as well as the latest Turtle Beach products and accessories, visit www.turtlebeach.com and be sure to follow Turtle Beach on Facebook, Twitter and Instagram.

About Turtle Beach Corporation
Turtle Beach Corporation (corp.turtlebeach.com) is one of the world's leading gaming audio and 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.org) 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 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", "project", "intend" and similar expressions 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, 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 Company's liquidity, 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 implementation of any businesses we acquire, our indebtedness, the outcome of our HyperSound strategic review process and other factors discussed in our public filings, including the risk factors included in  the Company's most recent Quarterly Report on Form 10-Q, the Company's most recent Annual Report on Form 10-K, 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.

All trademarks are the property of their respective owners.

¹Sony has indicated that PS4™ headsets will work with PS5™. Turtle Beach anticipates the Company's Stealth 700 Gen 2 and Stealth 600 Gen 2 wireless gaming headsets will be compatible with the upcoming system.

^{2 & 3}Source: The NPD Group/Retail Tracking Service/Video Games/Dollars/US and Canada/CY 2018, CY 2019, & Jan – Aug 2020

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SOURCE Turtle Beach Corporation

FAQ

What new products did Turtle Beach launch on September 20, 2020?

Turtle Beach launched the Stealth 700 Gen 2 and Stealth 600 Gen 2 gaming headsets.

What are the prices of the new Turtle Beach headsets?

The Stealth 700 Gen 2 is priced at $149.95 and the Stealth 600 Gen 2 at $99.95.

What consoles are compatible with the Stealth 700 Gen 2 and Stealth 600 Gen 2 headsets?

These headsets are compatible with Xbox One, Xbox Series X|S, PlayStation 4, and PlayStation 5.

How does Turtle Beach plan to increase sales during the holiday season?

Turtle Beach expects increased sales due to the launch of their new headsets alongside big game releases and new console launches.

What improvements do the Stealth 700 Gen 2 and Stealth 600 Gen 2 headsets feature?

Improvements include upgraded audio quality, a larger flip-to-mute mic, refined comfort, and cross-generation compatibility.