Instant Live Selects SRS Labs Circle Surround 5.1 for Live Concert Recordings and Digital Downloads
January 30 2006 - 7:30AM
PR Newswire (US)
Concertgoers to Experience Enhanced Sound Quality of Instant Live
CDs and Digital Downloads Available on Napster SANTA ANA, Calif.,
Jan. 30 /PRNewswire-FirstCall/ -- SRS Labs, Inc. (NASDAQ:SRSL), a
leading provider of audio technology solutions, today announced
that Instant Live(TM), a division of Live Nation (NYSE:LYV), is
producing live recordings in SRS Circle Surround(R) 5.1. In
addition, many of the Circle Surround encoded tracks are available
now as digital downloads through Napster. Instant Live selected SRS
Circle Surround for its ability to recreate the live concert
recording experience. "I put SRS Circle Surround through its paces,
and, to put it simply, it works," said Andy Scarth, head mixer at
Live Nation. "Our Instant Live recordings with SRS Circle Surround
make you feel like you're right there at the concert." Scarth is an
award winning engineer and producer for Hall and Oates, Bad
Company, The Black Crowes, Allman Brothers and many other
internationally acclaimed bands. SRS Circle Surround is an advanced
multichannel encode/decode system that allows full bandwidth
surround sound to be stored, transmitted, or delivered in stereo
over any two-channel carrier such as standard Compact Discs
("CDs"). SRS Circle Surround encoded CDs play in stereo on a
standard CD player and in full 5.1 channel surround sound on any
matrix surround compatible home theater or automotive receiver.
Optimum surround performance is achieved with SRS Circle Surround
II compatible systems, which are available on a wide variety of
products from leading home theater and automotive manufacturers,
including: Accuphase, Eclipse, Honda, Kenwood, Marantz, M-Audio,
Motorola, Panasonic, Pioneer, Theta Digital, Toyota, Volkswagen,
Yamaha and more. "Teaming with SRS is helping to further our goal
at Instant Live in attracting more consumers and enhancing the
concert experience," said Stephen Prendergast, general manager of
Instant Live. "Our motto is 'Take the band back to your place,' and
with SRS Circle Surround, fans now take back the ultimate concert
experience. We couldn't be happier with the enhanced audio
quality." "Live Nation/Instant Live is breaking new ground to
maximize the potential of digital content for live events," said
David Frerichs, executive vice president of strategic marketing and
corporate development at SRS Labs. "They have taken advantage of
the stereo compatibility in SRS Circle Surround to deliver a
realistic sound experience to the broadest possible audience. This
is just the beginning of a very successful relationship." Instant
Live is a premier provider of on-site concert recording and
distribution, delivering high-quality professional live recordings
to fans directly after the performance conclusion. Fans now have
the option to pre-order from Instant Live's web site,
http://www.instantlive.com/, and receive their CDs immediately
after the show, have it shipped directly to their home, or order
the CD days after the concert. The CDs are also available from the
individual artists' web sites, and participating retailers
nationwide. In addition, concert attendees have the option to
purchase digital downloads of the live concert through Napster.
About Live Nation Live Nation (NYSE:LYV) is a leading live content
and distribution company focused on creating superior experiences
for artists, performers, sponsors and fans. Live Nation owns,
operates or has booking rights for a worldwide network of venues
and produced thousands of music, theatrical and motor sports events
in 2005. Live Nation is headquartered in Los Angeles, California.
More information about Live Nation and its businesses is available
at http://www.livenation.com/. 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, as well as 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. Frerichs may
constitute forward-looking statements regarding our assumptions,
projections, expectations, targets, intentions or beliefs about
future events 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 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. For More Information
Contact: Media Contact: Chris Locke Stephen Prendergast (949)
442-1070 x 3206 Instant Live (310) 867-7000 Investor Contact: Ray
Yeung / Nancy Zakhary Connie Chandler Brainerd Communicators, Inc.
(714) 573-1115 (212) 986-6667 / DATASOURCE: SRS Labs, Inc. CONTACT:
Media, Chris Locke of SRS Labs, Inc., +1-949-442-1070 ext. 3206, ;
or Investors, Connie Chandler, +1-714-573-1115, , for SRS Labs,
Inc.; or Media, Stephen Prendergast of Instant Live,
+1-310-867-7000; or Investors, Ray Yeung, , or Nancy Zakhary, ,
both of Brainerd Communicators, Inc., +1-212-986-6667, for Instant
Live Web site: http://www.instantlive.com/ Web site:
http://www.livenation.com/ Web site: http://www.srslabs.com/
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