March 13 (Reuters) - Turtle Beach Corp ( HEAR ):

* TURTLE BEACH ANNOUNCES TRANSFORMATIONAL ACQUISITION OF PDP

AND

INTENTION TO LAUNCH REVERSE DUTCH TENDER AUCTION

* TURTLE BEACH CORP ( HEAR ) - PROPOSED DEAL FOR ENTERPRISE VALUE FOR

PDP

OF $118 MILLION

* TURTLE BEACH CORP ( HEAR ) - COMBINED COMPANY ANTICIPATES TOTAL

REVENUES

OF $390 TO $410 MILLION IN FIRST FULL 12 MONTHS OF OWNERSHIP

* TURTLE BEACH CORP ( HEAR ): INTENT TO LAUNCH MODIFIED DUTCH TENDER

OFFER

TO REPURCHASE UP TO $30 MILLION OF COMMON STOCK BETWEEN RANGE OF

$13.75 - $15.00 PER SHARE

* TURTLE BEACH CORP ( HEAR ): ANNOUNCES APPOINTMENT OF CRIS KEIRN AS

CHIEF

EXECUTIVE OFFICER

* TURTLE BEACH CORP ( HEAR ) - EXPECTS 2024 NET REVENUES TO BE IN

RANGE OF

$370 MILLION TO $380 MILLION

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