Genasys Inc. — Director's Dealing 2005

Jun 30, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2005-06-28

Reporting Person: WAGNER RICHARD (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-28	Stock Option	$5.57	A	50000	Acquired	2010-06-28	Common Stock (50000)	Direct

Footnotes

F1: Options vest quarterly in equal installments over four years subject to the terms of the 2005 Equity Incentive Plan.