SRSL Srs Labs, Inc. (MM)

SRS Labs, Inc. (NASDAQ:SRSL), a leading provider of surround sound, audio and voice technologies, today announced the availability of a new consumer software product, the SRS iWOW(TM) plug-in (iWOW) designed specifically for the iTunes(R) platform. The iWOW software brings Mac users a richer, more powerful and brilliant audio experience when they listen to music, movies, videos and podcasts on iTunes. SRS iWOW was designed recognizing audio has become more important to consumers as many people use their Mac for entertainment both at home and on the road. The iWOW was created using several patented SRS Labs audio technologies to provide immersive, three-dimensional audio playing over headphones, desktop, laptop or monitor speakers. This audio enhancement software delivers fully immersive stereo with cleaner sound, deeper bass and the ability for each user to personalize their acoustic preferences. Users of the SRS iWOW plug-in can customize their audio experience with the option to select the preferred SRS Labs patented technology based upon an array of music presets in the toolbox (i.e. rock, classical, jazz, blues, country etc.). With a center control feature, users viewing a video or listening to music will be able to perfect the balance of sound by using a virtual "zoom" lens to dynamically extract and position the dialog in the foreground or background of the stereo mix. The iWOW creates a multimedia experience where the user will be able to control how and what they listen to. Coupled with these features is a sleek spectrometer interface design that displays energizing sonic-like pulses when playing content. Additional features of the SRS iWOW include restoration and clarity of the vocals and high-frequency instruments that otherwise sound "muffled" because of data loss caused by compression in audio formats. The iWOW also widens the optimal listening area by expanding the audio field in both the horizontal and vertical planes and uses a psychoacoustic technology to make the ear perceive maximum bass without distorting or overdriving computer speakers and headphones. "SRS Labs is continually exploring new opportunities and ways to provide the most superior audio quality for consumers through digital devices," said Tom Yuen, Chairman and CEO, SRS Labs. "The beauty of the iWOW is that Mac users will receive an incredible, immersive audio experience at a reasonable cost. With the iWOW, music and video can be experienced the way they were meant to, with superior audio that complements the visual experience." The SRS iWOW plug-in comes with a free trial period and is available at www.srslabs.com/iwow and other leading download websites. After the trial, the software cost is $19.99. SRS Labs has also recently launched the SRS Audio Sandbox(TM), which is audio enhancement software for the PC to provide a complete surround sound experience. For more information or to experience the SRS Audio Sandbox, visit www.srslabs.com/sas. 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, Europe, Japan, Korea and Taiwan. Except for historical information contained in this release, statements in this release, including those by Mr. Yuen 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.