Elite Edition owners will also get to use a Headset Companion App (due later this month) that sets custom audio profiles.
I believe they are talking about a PS4 app, like the PS3 app is called "Elite Manager" and developers create custom profiles for their game you download and then select with a button on the headset.
Battlefield 3 devs created a custom profile for BF3 and you could apply it to the headset, was fantastic.
Miss it on the PS4, I think they're just renaming the app on PS4.
This post was edited on 2/3 at 2:53 pm