Investors

AuraSound Inc., a publicly listed company (OTC BB: ARUZE.OB), last week announced financial results for their fiscal 2nd quarter 2012. For the three month period ending December 31, 2011 net revenue was US $9.9 million and net profit was US $122,000. For the six month period ending December 31, 2011 net revenue was US $25.1 and net profit was US $98,000.

Commenting on the announcement, Mr. Harald Weisshaupt, AuraSound CEO and President, said, “Unfortunately the U.S. retail consumer market, where our business is highly dependably today, was far below estimates in the calendar 4th quarter of 2011. Despite this, due to our continued aggressive cost reduction activities efforts including the ongoing ramp of our new factory in Wuhan, China we were still able to post a net profit which was a commendable achievement. This marks the fourth out of six quarters, since our July, 2010 acquisition of ASI Audiotechnologies where we were able to achieve a net profit. As we continue our focus to launch new products and win new customers in the months ahead, we remain cautiously optimistic in regards to AuraSound’s long term future success.”

Detailed financials can be found on AuraSound’s website at www.aurasound.com.