Genasys Inc. — Director's Dealing 2006

Jan 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2006-01-23

Reporting Person: Carnevale David A (Vice President, Marketing)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-23	Employee Stock Option (right to buy)	$4.28	A	100000	Acquired	2011-01-23	Common Stock (100000)	Direct

Footnotes

F1: Grant to reporting person on January 23, 2006 of an option to purchase 100,000 shares. The option vests as to 1/4 of the shares on the first anniversary of the grant date and as to 1/16 of the remaining shares quarterly thereafter until fully vested.