Record Revenue for ARUZ Stock

Oxford, MS 5/9/2011 (PennyPayDay) -- AuraSound Inc.(OTC:ARUZ) today announced, in a press release, financial results for its third fiscal quarter ended March 31, 2011. For the three month period ending March 31, 2011net revenue was $16.0 million versus $1.7 million the same prior year period, an increase of 819%.

After tax net profit for the three month period ending March 31, 2011 was $563K, versus a net loss of ($481K) for the same prior year period. For the nine month period ending March 31, 2011 net revenue was a record $54.2 million versus $4.8 million the same period the prior year, an increase of 1,027%. After tax net profit for the nine month period was $1.6M, versus a net loss of ($1.5M) for the same prior year period.

"We delivered very strong performance for our third consecutive quarter, with balanced growth across all of our major product segments," said Mr. Harald Weisshaupt, CEO and President of AuraSound. "We exceeded both our sales revenue and net profit targets in what is typically a slow calendar quarter for our business. In addition, we continued to make progress improving our gross margins and also in reducing expenses as a percent of sales revenue. In addition, our products received several very positive independent reviews during the quarter, and we continue to develop new products that we believe will fill the void of what consumers are missing in today's audio products."

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

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