Paramount Parascope® 004059258002 Grey 2011 Fountain. The Parascope telescoping water feature by Paramount makes a beautiful addition to your pool or spa. This elegant water feature elevate the aesthetic look of your pool and give you the calming sounds of a gentle waterfall. Once it’s time to swim, Parascope descends flush with your pool or spa floor, steps, benches, or sun decks making them virtually undetectable.