Genasys Inc. — Director's Dealing 2008

Feb 19, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2008-02-15

Reporting Person: NORRIS ELWOOD G (Director, Chairman, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-15	Stock Option (Right to buy)	$2.07	A	100000	Acquired	2013-02-15	Common Stock (100000)	Direct

Footnotes

F1: Grant to reporting person on February 15, 2008 of an option to purchase 100,000 shares. The option vests as to 1/3 of the shares on the date of grant and 1/12 quarterly thereafter until fully vested.