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Press Release

TURTLE BEACH ANNOUNCES GLOBAL LAUNCH OF VELOCITYONE FLIGHT SIMULATION CONTROL SYSTEM FOR XBOX AND WINDOWS

VelocityOne Flight Sold Out in Minutes Again as the Leading Accessory Brand Officially Entered the Flight Simulation Market
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]

 
White Plains, NY – November 16, 2021 –  Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced global launch of the brand’s award-winning VelocityOne™ Flight simulation control system. VelocityOne Flight garnered a ”Best of Show” from Android Authority when it was announced at E3 2021, and earlier this month pre-orders on www.turtlebeach.com sold out in less than an hour globally, and in under 15-minutes in key markets including the U.S., UK, and Germany. Pre-orders have now shipped, and the remaining VelocityOne Flight units reserved for its November 14, 2021 launch also sold out in the U.S. and other markets in minutes.
 
“Awards out of the gate and product selling out on www.turtlebeach.com, twice, certainly punctuates Turtle Beach’s impressive entry into the flight simulation hardware market,” said Juergen Stark, Chairman and CEO, Turtle Beach Corporation. “The extremely high excitement and demand for VelocityOne Flight shows that we’ve delivered the flight control system enthusiasts want. The integrated yoke, throttle quadrant, trim wheel, and extensive controls provide a comprehensive control system for experienced flight sim users, as well as plug-and-play ease for new enthusiasts.”
 
VelocityOne Flight was developed in collaboration with aeronautical engineers and pilots and by a dedicated Turtle Beach team with over two decades of experience creating many premier flight and racing simulation controllers. VelocityOne Flight delivers an immersive, authentic, and modern Xbox and PC flying experience and is the perfect all-in-one flight controller system for experiencing Microsoft Flight Simulator 2020 on Xbox Series X|S. Pilots and flight sim enthusiasts can order VelocityOne Flight from www.turtlebeach.com and participating retailers worldwide. Initial quantities are still limited, so order your VelocityOne Flight today.
 
VelocityOne Flight offers intuitive and realistic controls and equips users across all experience levels with an all-inclusive system to experience the thrill of flight. A true-to-life 180° yoke handle with built-in rudder controls at your fingertips provide precise control of any aircraft. The included modular throttle quadrant with integrated trim wheel, both lever and vernier controls, and swappable lever handles offers at-home aviators enhanced customization and a realistic flight experience for both light and heavy aircraft. A simple USB connection offers users an easy setup process whether playing on an Xbox console or Windows. VelocityOne Flight is available now for a MSRP of $379.95.
 
For more information on the latest Turtle Beach products and accessories, visit www.turtlebeach.com and be sure to follow Turtle Beach on TikTok, Twitter, Instagram, and Facebook.
 
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 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.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.
All trademarks are the property of their respective owners.
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