Parametric Sound Corporation (Parametric Sound) is a technology company focused on delivering audio solutions through its HyperSound (HSS(r)) technology platform, which consists of the practical application of parametric acoustic technology for generating sound along a directional ultrasonic column. In addition to its commercial product business, the Company is targeting its technology for new uses in consumer markets, including computers, video gaming, televisions, home audio, electronic gaming, health care, movies and cinema and mobile devices. The Company's principal markets for its products are North America, Europe and Asia. In June 2012, the Company formed PSC Licensing Corp. (PSC) as its wholly owned subsidiary. In October 2012, the Company formed HyperSound Health, Inc. (HHI) as wholly owned subsidiary.