Epsilon Investment House

POWAY, CA — (Marketwire) — 07/23/12 –Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of directed audio products and solutions, today announced a License Agreement with Epsilon Electronics for the development and introduction of consumer products employing the Company’s patented HyperSound technology. The arrangement is non-exclusive except for after-market automobileproducts for which Epsilon retains two-year exclusivity rights subject to certain conditions.
The license contemplates a six-month development term to create prototypes thereafter followed by a three-year manufacturing term.
“This agreement underscores our commitment to executing strategic licensing deals to deploy our HyperSound technology,” said Kenneth F. Potashner, executive chairman of Parametric Sound. “These partnerships will open the door for the integration of our patented audio solutions into next-generation consumer products.”
“We are excited about the opportunity to launch products that offer consumers a rich, immersive sound experience,” said Jack Rochel, president of Epsilon Electronics. “Partnering with a technology innovator like Parametric is a key element of our strategy, and we anticipate this agreement will bring value to our company and the products we offer.”
About Parametric Sound Corporation
Parametric Sound Corporation is a pioneering innovator of directed audio solutions. With a substantial body of intellectual propert...

This is Epsilon Capital Management’s 2 Part Series on the Emerging European Economies for the first quarter of 2012.
In the first part of our report we looked at the Russia, Turkey and Poland the 3 largest Emerging Economies within Europe, now we turn to Hungary and the Czech Republic to round off the remaining economies of interest.
Hungary: Managing to keep its head above water
The impact of the Euro-zone crisis on the Eastern European nations depended on the extent of their reliance on Germany and their domestic fiscal cuts, going by the fourth-quarter GDP figures.
Thus, even though Hungary is not doing well overall, its economy posted a 1.4% year-on-year growth in the fourth quarter of 2011. However, the European Commission forecasted recessionary conditions in Hungary this year as its major trade partner Germany is expanding only at a slower rate.
Meanwhile, the deputy governor of the Hungarian central bank Ferenc Karvalits said he does not foresee any cut in the base interest rate until there is an improvement in risk perceptions. In a WSJ interview, Karvalits said a monetary agreement with the European Union and the International Monetary Fund could go a long way to bring down Hungary’s vulnerability by providing a safety net.
However, the OECD does not seem to be impressed by Hungary’s modest fourth-quarter GDP numbers. Close on the heels of the European Union’s suspension of some infrastructure subsidies, the international ...

Founded in 1998, Epsilon Investment House has become one of Israel's leading investment firms. The company has about NIS 7 billion assets under management thanks to exceptional organic growth sustained over years.
Epsilon is owned by Koor Industries (68.75%), and its founder - Shmuel Frenkel (31.25%) - who has established a record of credibility, professionalism and experience in the capital market.
Client Services
Portfolio management
Epsilon manages hundreds of investment portfolios for institutional investors, public and private companies, and private investors. We work closely with its clients and have a proven record of robust returns over time.
Mutual funds management
Epsilon has 27 funds under management, specializing in a variety of sectors. Our funds have achieved some of the highest returns in the sector.
Provident funds management
Epsilon manages a wide range of provident funds, training funds and compensation funds. Our managers specialize in conservative long-term savings that outperform the sector on returns.
Underwriting and investment banking
Epsilon advises, plans and handles offerings by private and public companies. It also advises companies on mergers and acquisitions, and on locating strategic investors.
Visit Epsilon's web site at www.epsilon.co.il

Founded in 1998, Epsilon Investment House has become one of Israel’s leading investment firms. The company has about NIS 8.5 billion assets under management thanks to exceptional organic growth sustained over years.
Epsilon is owned by Koor Industries (68.75%), and its founder – Shmuel Frenkel (31.25%) – who have established a record of credibility, professionalism and experience in the capital market.
Client Services

Portfolio management
Epsilon manages hundreds of investment portfolios for institutional investors, public and private companies, and private investors. We work closely with its clients and have a proven record of robust returns over time.

Mutual funds management
Epsilon has 25 funds under management, specializing in a variety of sectors. Our funds have achieved some of the highest returns in the sector.
Provident funds management
Epsilon manages a wide range of provident funds, training funds and compensation funds. Our managers specialize in conservative long-term savings that outperform the sector on returns.
Underwriting and investment banking
Epsilon advises, plans and handles offerings by private and public companies. It also advises companies on mergers and acquisitions, and on locating strategic investors.
Powered by (human) capital
By virtue of our human capital, experience, and naturally – our results in practice, you can be secure you’ve joined forces ...

Founded in 1998, Epsilon Investment House has become one of Israel's leading investment firms. The company has about NIS 7 billion assets under management thanks to exceptional organic growth sustained over years.
Epsilon is owned by Koor Industries (68.75%), and its founder - Shmuel Frenkel (31.25%) - who has established a record of credibility, professionalism and experience in the capital market.
Client Services
Portfolio management
Epsilon manages hundreds of investment portfolios for institutional investors, public and private companies, and private investors. We work closely with its clients and have a proven record of robust returns over time.
Mutual funds management
Epsilon has 27 funds under management, specializing in a variety of sectors. Our funds have achieved some of the highest returns in the sector.
Provident funds management
Epsilon manages a wide range of provident funds, training funds and compensation funds. Our managers specialize in conservative long-term savings that outperform the sector on returns.
Underwriting and investment banking
Epsilon advises, plans and handles offerings by private and public companies. It also advises companies on mergers and acquisitions, and on locating strategic investors.
Visit Epsilon's web site at www.epsilon.co.il

This is Epsilon Capital Management’s 2 Part Series on the Emerging European Economies for the first quarter of 2012.
In the first part of our report we looked at the Russia, Turkey and Poland the 3 largest Emerging Economies within Europe, now we turn to Hungary and the Czech Republic to round off the remaining economies of interest.
Hungary: Managing to keep its head above water
The impact of the Euro-zone crisis on the Eastern European nations depended on the extent of their reliance on Germany and their domestic fiscal cuts, going by the fourth-quarter GDP figures.
Thus, even though Hungary is not doing well overall, its economy posted a 1.4% year-on-year growth in the fourth quarter of 2011. However, the European Commission forecasted recessionary conditions in Hungary this year as its major trade partner Germany is expanding only at a slower rate.
Meanwhile, the deputy governor of the Hungarian central bank Ferenc Karvalits said he does not foresee any cut in the base interest rate until there is an improvement in risk perceptions. In a WSJ interview, Karvalits said a monetary agreement with the European Union and the International Monetary Fund could go a long way to bring down Hungary’s vulnerability by providing a safety net.
However, the OECD does not seem to be impressed by Hungary’s modest fourth-quarter GDP numbers. Close on the heels of the European Union’s suspension of some infrastructure subsidies, the international ...

POWAY, CA — (Marketwire) — 07/23/12 –Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of directed audio products and solutions, today announced a License Agreement with Epsilon Electronics for the development and introduction of consumer products employing the Company’s patented HyperSound technology. The arrangement is non-exclusive except for after-market automobileproducts for which Epsilon retains two-year exclusivity rights subject to certain conditions.
The license contemplates a six-month development term to create prototypes thereafter followed by a three-year manufacturing term.
“This agreement underscores our commitment to executing strategic licensing deals to deploy our HyperSound technology,” said Kenneth F. Potashner, executive chairman of Parametric Sound. “These partnerships will open the door for the integration of our patented audio solutions into next-generation consumer products.”
“We are excited about the opportunity to launch products that offer consumers a rich, immersive sound experience,” said Jack Rochel, president of Epsilon Electronics. “Partnering with a technology innovator like Parametric is a key element of our strategy, and we anticipate this agreement will bring value to our company and the products we offer.”
About Parametric Sound Corporation
Parametric Sound Corporation is a pioneering innovator of directed audio solutions. With a substantial body of intellectual propert...

POWAY, CA — (Marketwire) — 07/23/12 –Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of directed audio products and solutions, today announced a License Agreement with Epsilon Electronics for the development and introduction of consumer products employing the Company’s patented HyperSound technology. The arrangement is non-exclusive except for after-market automobileproducts for which Epsilon retains two-year exclusivity rights subject to certain conditions.

The license contemplates a six-month development term to create prototypes thereafter followed by a three-year manufacturing term.

“This agreement underscores our commitment to executing strategic licensing deals to deploy our HyperSound technology,” said Kenneth F. Potashner, executive chairman of Parametric Sound. “These partnerships will open the door for the integration of our patented audio solutions into next-generation consumer products.”

“We are excited about the opportunity to launch products that offer consumers a rich, immersive sound experience,” said Jack Rochel, president of Epsilon Electronics. “Partnering with a technology innovator like Parametric is a key element of our strategy, and we anticipate this agreement will bring value to our company and the products we offer.”

About Parametric Sound Corporation
Parametric Sound Corporation is a pioneering innovator of directed audio solutions. With a substantial ...

This is Epsilon Capital Management’s 2 Part Series on the Emerging European Economies for the first quarter of 2012.
In the first part of our report we looked at the Russia, Turkey and Poland the 3 largest Emerging Economies within Europe, now we turn to Hungary and the Czech Republic to round off the remaining economies of interest.
Hungary: Managing to keep its head above water
The impact of the Euro-zone crisis on the Eastern European nations depended on the extent of their reliance on Germany and their domestic fiscal cuts, going by the fourth-quarter GDP figures.
Thus, even though Hungary is not doing well overall, its economy posted a 1.4% year-on-year growth in the fourth quarter of 2011. However, the European Commission forecasted recessionary conditions in Hungary this year as its major trade partner Germany is expanding only at a slower rate.
Meanwhile, the deputy governor of the Hungarian central bank Ferenc Karvalits said he does not foresee any cut in the base interest rate until there is an improvement in risk perceptions. In a WSJ interview, Karvalits said a monetary agreement with the European Union and the International Monetary Fund could go a long way to bring down Hungary’s vulnerability by providing a safety net.
However, the OECD does not seem to be impressed by Hungary’s modest fourth-quarter GDP numbers. Close on the heels of the European Union’s suspension of some infrastructure subsidies, the internati...

POWAY, CA — (Marketwire) — 07/23/12 –Parametric Sound Corporation (NASDAQ: PAMT), a leading innovator of directed audio products and solutions, today announced a License Agreement with Epsilon Electronics for the development and introduction of consumer products employing the Company’s patented HyperSound technology. The arrangement is non-exclusive except for after-market automobileproducts for which Epsilon retains two-year exclusivity rights subject to certain conditions.

The license contemplates a six-month development term to create prototypes thereafter followed by a three-year manufacturing term.

“This agreement underscores our commitment to executing strategic licensing deals to deploy our HyperSound technology,” said Kenneth F. Potashner, executive chairman of Parametric Sound. “These partnerships will open the door for the integration of our patented audio solutions into next-generation consumer products.”

“We are excited about the opportunity to launch products that offer consumers a rich, immersive sound experience,” said Jack Rochel, president of Epsilon Electronics. “Partnering with a technology innovator like Parametric is a key element of our strategy, and we anticipate this agreement will bring value to our company and the products we offer.”

About Parametric Sound Corporation
Parametric Sound Corporation is a pioneering innovator of directed audio solutions. With a substan...