SRSL Srs Labs, Inc. (MM)

SRS Labs Recognized for Advancing Quality Audio SANTA ANA, Calif., Sept. 14 /PRNewswire-FirstCall/ -- SRS Labs, Inc. (NASDAQ:SRSL), one of the world's leading providers of audio, voice and surround sound technologies, today proudly announced that it received three prestigious "Telly" Awards, which honor the nation's best in TV commercials, film and video. SRS Labs won in three different categories; the first, under the category of "Instructional - Best Use of Humor for a Non-broadcast Video" SRS Labs' video, "The Adventures of Phil & Hil," which humorously educates viewers on the best way to connect a surround-sound entertainment system. The other two statuettes were awarded for SRS Labs' involvement in two Walt Disney-produced television programs. In "Night of Joy," SRS Circle Surround technology was selected to encode the movie in a surround sound format that anyone could enjoy. For "Mission Space," producers selected the SRS Megawide Processor, which ensures enhanced audio quality for all mono and stereo audio content. "We are very pleased to be singled out of the thousands of applicants who vie for this prestigious award," said Thomas C. K. Yuen, chairman and CEO of SRS Labs. "I personally wish to thank our marketing team and ShoCorp Communications, whose combined talents produced a highly entertaining and educational DVD. Also, special thanks to our pro audio team for their efforts on the Walt Disney projects. SRS Labs continues to lead the way in improving the listening experience for consumers around the world." "What SRS Labs can do to audio simply amazes me," said Bruno White Entertainment's surround producer, Gary Baldassari. "Encoding 'Night of Joy' in Circle Surround brought out the absolute best surround sound that I've heard, and it delights me to know that anyone, even listeners without a 5.1 surround sound system, will hear this live stage show performance the way I intended. With this in mind, it was an easy decision to select the SRS Megawide processor to produce Disney's 'Mission Space,' and again, I was floored by the results of the system, particularly of SRS Labs' TruBass(R) technology. I look forward to using SRS products and technologies in my future projects." For a copy of "The Adventures of Phil & Hil" DVD, please contact Chris Locke at 949-442-1070 x 3206 or . To view an image of the statuette, go to http://www.srslabs.com/awards.asp. For further information on Circle Surround Encoding, and the SRS Megawide Processor, go to http://www.srslabs.com/MainProAudio.asp. About SRS Labs, Inc. SRS Labs is a recognized leader in the advancement of audio and voice technology. The company works with the world's top manufacturers to provide a richer entertainment experience through patented sound techniques. SRS Labs' technologies can be heard through products ranging from televisions, LCD and plasma monitors, cell phones, MP3 players, car audio systems, and notebook and desktop computers. The company also offers hardware and software tools to professionals and consumers for the creation, production and broadcast of content featuring SRS Labs' technologies. Valence Technologies Limited, a Hong-Kong based subsidiary of SRS Labs, is a semiconductor company that designs and sells custom ASICs and standard ICs to leading manufacturers worldwide. Based in Santa Ana, Calif., the company also has licensing representation in Hong Kong, Japan, Europe, and Korea. For more information about SRS Labs, Inc. please visit http://www.srslabs.com/. The information on the aforementioned website is not incorporated by reference into this press release. Except for historical information contained in this release, statements in this release including those by Mr. Baldassari in paragraph three are forward-looking statements and projections (which include statements concerning plans and objectives of management for future operations) that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that the Company's goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect the Company's actual results and may cause results to differ materially from those expressed in forward-looking statements made by or on behalf of the Company. Some of these factors include the company's ability to work with Mr. Baldassari on future video projects, the acceptance of new SRS Labs' products and technologies, the impact of competitive products and pricing, the timely development and release of technologies by the Company, general business and economic conditions, especially in Asia, and other factors detailed in the Company's Form 10-K and other periodic reports filed with the SEC. SRS Labs specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise Investor Contact: Media Contact: Tami Stegmaier Chris Locke (949) 442-1070 x 3093 (949) 442-1070 x 3206 DATASOURCE: SRS Labs, Inc. CONTACT: Investors, Tami Stegmaier, ext. 30, , or Media, Chris Locke, ext. 3206, , both of SRS Labs, Inc., +1-949-442-1070 Web site: http://www.srslabs.com/

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