22
September
2015
|
17:30
Europe/Amsterdam

Turtle Beach Corporation partners with Kuehne + Nagel for global logistics

Turtle Beach Corporation (NASDAQ: HEAR), the leading-edge audio technology company and #1 in gaming audio, today announced the Company has entered into a strategic partnership with Kuehne + Nagel, one of the world’s leading integrated logistics providers.

"Partnering with Kuehne + Nagel is a key step in the globalization, standardization and simplification of our supply chain partner network,” said Robert Andris, Senior Vice President of Global Supply Chain Operations, Turtle Beach Corporation. "Leveraging Kuehne + Nagel’s scale, operational prowess and visibility increases our agility as we revamp the cost, quality and delivery aspects of Turtle Beach’s operation. This is a significant advancement in our supply chain transformation as we continue the globalization of our operations and expand into new territories.”

“Finding a logistics provider that supports our strategic global direction was a critical factor in partnering with Kuehne + Nagel,” said Juergen Stark, CEO, Turtle Beach Corporation. “Kuehne + Nagel’s global reach is key to supporting our market expansion and financial objectives for both gaming headsets and hearing healthcare solutions.”

“We are excited to enter into this new partnership to support Turtle Beach’s continued growth,” said John Hextall, President and CEO, Kuehne + Nagel North America. “We are committed to deeply integrating our supply chain expertise and providing Turtle Beach a competitive edge through our global network and integrated logistics solutions, thereby facilitating the expansion of Turtle Beach’s gaming headset and HyperSound businesses.”

Celebrating 40 years of business this year, Turtle Beach continues to deliver its patented, innovative audio products to market. In July 2015 the Company launched its third 100% fully wireless Xbox One gaming headset – the Ear Force® Stealth 420X – one of Amazon’s highest consumer rated gaming headsets, and has plans to launch several more new products, including HyperSound Clear™ – the Company’s groundbreaking hearing healthcare device which has been shown to improve sound clarity and speech intelligibility for people with hearing loss for a crisp, clear home entertainment listening experience, by the end of the year.

About Turtle Beach Corporation

Turtle Beach Corporation (www.turtlebeachcorp.com) designs leading-edge audio products for the consumer, commercial and healthcare markets. Under the Turtle Beach brand (www.turtlebeach.com), the Company markets a wide selection of quality gaming headsets catering to a variety of gamers' needs and budgets, for use with video game consoles, including officially-licensed headsets for the Xbox One and PlayStation®4, as well as for personal computers and mobile/tablet devices. Under the HyperSound brand (www.hypersound.com), the Company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and healthcare. The company's shares are traded on the NASDAQ Exchange under the symbol: HEAR.