|Written by GSCR Staff|
|Wednesday, 06 June 2012 09:51|
Parametric Sound Corporation (NASDAQ – PAMT - $5.99) has been under accumulation of late and given the rising volume, along with the stock price, it appears that it will break through its 52-week high of $6.75 pretty soon. That event may bring in greater numbers of investors.
PAMT is a very cool technology company. The Company has innovated and introduced a technology that can control the direction of sound enabling that sound to go exactly where it was intended or targeted. That means no more vibrating speakers that transmit sound to the masses. This is a truly personalized or targeted tool.
Since this technology has the ability to beam, focus and control sound which empowers commercial solutions that benefit from directed audio, the initial market, for which the Company is licensing the HyperSound brand, is the digital signage and pint of sale space. Other markets include kiosks, and electronic gaming (slot machines), along with computers, mobile devices, television, etc.
The Company is in the early innings of the revenue generation phase so numbers may be a little choppy. Nonetheless, PAMT has a great deal of IP and has already begun licensing the technology to OEMs. The applications can truly transform the audio experience for business and consumers. We can envision a reduction in the use of headphones for computers, tablets, mobile devices, etc. Cool stuff.
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