Initial Shipments in RIFFMASTER’s Rolling Launch Coincide With New Fortnite Festival Instrument Compatibility Update

Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR), and Performance Designed Products LLC (PDP) today announced the official launch of PDP’s highly-coveted RIFFMASTER wireless guitar controller ($129.99 MSRP). The RIFFMASTER is the first guitar controller designed for today’s rhythm-action gamers and is compatible with Fortnite Festival Pro Lead and Pro Bass song parts in addition to Rock Band™ 4.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423402701/en/

PDP Celebrates Fortnite Festival Season 3 with the Launch of the Riffmaster Wireless Guitar Controller (Graphic: Business Wire)

Pre-orders for the RIFFMASTER sold out just hours following its debut last month. Fans that pre-ordered their RIFFMASTER early are receiving their controllers now during this initial wave of its rolling launch. Those who missed out can reserve a guitar on Amazon for Xbox/PC and PlayStation to receive once more become available this June.

“Response to the RIFFMASTER design has been overwhelmingly positive,” said Trevor Lehr, Director of Product Management, Performance Designed Products. “Long-time Rock Band loyalists have quickly picked up what we’re laying down with RIFFMASTER, and a whole new generation of rhythm-action gamers can now have a Fortnite Festival experience like never before.”

The RIFFMASTER wireless guitar controller comes in two designs – one for Xbox Series X|S, Xbox One, and PC, as well as one for PS5 and PS4.

RIFFMASTER features include:

  • Now compatible with Fortnite Festival (Pro Lead and Pro Bass song parts) and Rock Band 4.
  • Play with both hands. We feel you, lefties. The RIFFMASTER’s design accommodates both left and right-handed maestros.
  • Rock on for hours. Features a 30-foot low-latency wireless connection with built-in rechargeable battery for up to 36-hours of jamming per charge.
  • Crank it up to 11! Includes a 3.5 mm audio jack and has D-pad audio controls enabling on-the-fly volume adjustments.
  • Take the band on the road. A collapsible design makes for easy storage and transport, and the luxe shoulder strap provides added comfort.
  • Elevate every performance with guitar analog stick (patent pending).
  • Officially licensed for Xbox and PlayStation.

Check out the RIFFMASTER here, and the press kit below, and be sure to follow PDP socials @pdpgaming for more news and updates.

Press Kit: https://spaces.hightail.com/receive/rhnAQSRrGh

About PDP

PDP is an industry leader and award-winning provider of high-quality licensed peripherals and accessories for all major video game platforms. PDP believes that design-forward, high-performance gear should be as unique and accessible as the gaming community itself. From beginner to professional, PDP’s product lines offer uncompromising performance and striking designs that transport gamers into seamless, immersive experiences where competition, connection, and personal expression are limitless. Victrix by PDP is purpose built for Esports athletes and enthusiasts looking for unmatched performance and competitive advantage. For over 25 years, PDP has been supplying video game peripherals and accessories to major retailers across the world, including retailers in the United States, Canada, Europe, and Australia. For more information, visit www.pdp.com and www.victrixpro.com. PDP was acquired by Turtle Beach Corporation in March 2024.

About Turtle Beach Corporation

Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) is one of the world’s leading gaming accessory providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products (www.pdp.com) in 2024. 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 are only predictions and are not guarantees of performance. 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. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs 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 inflationary pressures, optimizing our product portfolio, reducing our cost of goods and operating expenses, reductions in logistic and supply chain challenges and costs, 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, including promotional credits and discounts, general business and economic conditions, risks associated with the future direction or governance of the Company, 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, 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 filed with the Securities and Exchange Commission. 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.

Liz Pieri Pieri PR 626.818.7580 liz@pieripr.com

MacLean Marshall Sr. Director, Global Communications Turtle Beach Corporation 858.914.5093 maclean.marshall@turtlebeach.com

Investor Information: Cody Slach or Alex Thompson Gateway Investor Relations 949.574.3860 hear@gatewayir.com

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