SRS Labs Expands Licensing Operations in Taiwan and Europe; SRS Labs Welcomes New Sales Staff, Eunice Yu in Taipei and Eduard V
April 24 2006 - 7:30AM
Business Wire
SRS Labs (NASDAQ:SRSL), a leading supplier of surround sound,
audio, and voice technologies, today announced the hiring of a new
sales representative for the Taiwan region and the addition of a
regional sales executive in Europe as part of an ongoing corporate
commitment to focus on the company's core business of audio
intellectual property licensing and to provide local support for
its customers around the globe. As part of its expansion plans, SRS
Labs announced the appointment of sales representative Eunice Yu
for SRS Labs in the Taiwan and greater China region. Yu is based in
Taipei and will focus on continuing to build and enhance
relationships with manufacturer and design firm partners in the
region. Yu will report directly to Ricky Wong, SRS Labs' regional
manager for the greater China region. Eduard Vendrell is also
joining SRS Labs as a sales executive for the European region.
Based in Spain, Vendrell will report directly to SRS Vice President
of Sales and Licensing, Michael Franzi. "Eunice impressed us with
her strong grasp of SRS Labs' innovative role in the marketplace,"
said Wong. "With an extensive sales and marketing background in the
mobile, integrated circuits, home entertainment, digital music
player, and notebook markets, her broad expertise is a natural
fit." "Eduard's experience in the television and automotive markets
are a perfect match for us," said Franzi. "That knowledge, coupled
with a strong mix of technical and business expertise, will help us
build even better relationships with our customers throughout
Europe. We believe we are at the beginning of our growth in Taiwan
and Europe for SRS technology, and this expansion of our global
sales team will enable us to improve the local support of our
customers in these key regions." About SRS Labs, Inc. SRS Labs
develops advanced audio and communications technology that
optimizes and improves the listening experience through techniques
based on the latest research into the human auditory system. With
over 600 million products shipped worldwide, SRS Labs is a leader
in audio. Incorporated in products ranging from HDTVs and mobile
phones to PCs and automotive entertainment, SRS Labs audio and
speech signal processing provides the best possible sound on every
form factor and in every environment. SRS Labs surround sound
solutions enable the professional broadcast and recording
industries with high-performance production, back-haul, storage,
and transmission capability. SRS Labs supports manufacturers
worldwide with offices in the US, China, Japan, and Korea. Except
for historical information contained in this release, statements in
this release, including those by Mr. Wong and Mr. Franzi, 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.
Srs Labs (NASDAQ:SRSL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Srs Labs (NASDAQ:SRSL)
Historical Stock Chart
From Jul 2023 to Jul 2024