SRS Labs, Inc. (Nasdaq:SRSL), a leading provider of surround sound,
audio and voice technologies, has been named to Deloitte�s
prestigious �2006 Orange County/San Diego Technology Fast 50�
program, a ranking of the 50 fastest growing technology, media,
telecommunications and life sciences companies in the area by
Deloitte & Touche USA LLP, one of the nation�s leading
professional services organizations. Rankings are based on the
percentage revenue growth over five years from 2001�2005. This
year�s Orange County Technology Fast 50 program is co-presented by
Deloitte & Touche USA LLP and Porsche Motorsport, Continental
Airlines, DLD Insurance, McDermott & Bull, Comerica, Stradling
Yocca Carlson & Rauth, Cresa Partners and Merrill Corporation,
in association with AeA and the Technology Council of Southern
California. SRS Labs� CEO Thomas Yuen credits unwavering execution
of strategy and the continuous stream of superior technology with
the company�s 51 percent revenue growth from 2001�2005. Yuen said,
�The company�s ability to strengthen and expand our relationships
with the world�s leading consumer product manufacturers and our
development of new and innovative audio solutions for high-growth
product markets including plasma and LCD televisions, as well as
mobile devices and automotive products have contributed to the
company�s growth within the five year period defined by the Fast 50
program.� �To rank on Deloitte�s Technology Fast 50, companies must
have phenomenal revenue growth over five years,� said Rick Rayson,
Managing Partner, Deloitte & Touche LLP, Orange County. �SRS
Labs has proven to be one of the fast-growth success stories in
Orange County, and we applaud their dedication to making their
vision a reality.� To qualify for the Technology Fast 50, companies
must have had operating revenues of at least $50,000 in 2001 and
$5,000,000 in 2005, be headquartered in North America, and be a
company that owns proprietary technology or proprietary
intellectual property that contributes to a significant portion of
the company�s operating revenues; or devotes a significant
proportion of revenues to the research and development of
technology. Using other companies� technology or intellectual
property in a unique way does not qualify. Winners of the 16
regional Technology Fast 50 programs in the United States and
Canada are automatically entered in Deloitte�s Technology Fast 500
program, which ranks North America�s top 500 fastest growing
technology, media, telecommunications and life sciences companies.
For more information on Deloitte�s Technology Fast 50 or Technology
Fast 500 programs, visit www.fast500.com. 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. About Deloitte Deloitte refers to one or more of Deloitte
Touche Tohmatsu, a Swiss Verein, its member firms and their
respective subsidiaries and affiliates. As a Swiss Verein
(association), neither Deloitte Touche Tohmatsu nor any of its
member firms has any liability for each other�s acts or omissions.
Each of the member firms is a separate and independent legal entity
operating under the names �Deloitte�, �Deloitte & Touche�,
�Deloitte Touche Tohmatsu� or other related names. Services are
provided by the member firms or their subsidiaries or affiliates
and not by the Deloitte Touche Tohmatsu Verein. Deloitte &
Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu.
In the US, services are provided by the subsidiaries of Deloitte
& Touche USA LLP (Deloitte & Touche LLP, Deloitte
Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte
Tax LLP and their subsidiaries), and not by Deloitte & Touche
USA LLP. 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. SRS Labs, Inc.
(Nasdaq:SRSL), a leading provider of surround sound, audio and
voice technologies, has been named to Deloitte's prestigious "2006
Orange County/San Diego Technology Fast 50" program, a ranking of
the 50 fastest growing technology, media, telecommunications and
life sciences companies in the area by Deloitte & Touche USA
LLP, one of the nation's leading professional services
organizations. Rankings are based on the percentage revenue growth
over five years from 2001-2005. This year's Orange County
Technology Fast 50 program is co-presented by Deloitte & Touche
USA LLP and Porsche Motorsport, Continental Airlines, DLD
Insurance, McDermott & Bull, Comerica, Stradling Yocca Carlson
& Rauth, Cresa Partners and Merrill Corporation, in association
with AeA and the Technology Council of Southern California. SRS
Labs' CEO Thomas Yuen credits unwavering execution of strategy and
the continuous stream of superior technology with the company's 51
percent revenue growth from 2001-2005. Yuen said, "The company's
ability to strengthen and expand our relationships with the world's
leading consumer product manufacturers and our development of new
and innovative audio solutions for high-growth product markets
including plasma and LCD televisions, as well as mobile devices and
automotive products have contributed to the company's growth within
the five year period defined by the Fast 50 program." "To rank on
Deloitte's Technology Fast 50, companies must have phenomenal
revenue growth over five years," said Rick Rayson, Managing
Partner, Deloitte & Touche LLP, Orange County. "SRS Labs has
proven to be one of the fast-growth success stories in Orange
County, and we applaud their dedication to making their vision a
reality." To qualify for the Technology Fast 50, companies must
have had operating revenues of at least $50,000 in 2001 and
$5,000,000 in 2005, be headquartered in North America, and be a
company that owns proprietary technology or proprietary
intellectual property that contributes to a significant portion of
the company's operating revenues; or devotes a significant
proportion of revenues to the research and development of
technology. Using other companies' technology or intellectual
property in a unique way does not qualify. Winners of the 16
regional Technology Fast 50 programs in the United States and
Canada are automatically entered in Deloitte's Technology Fast 500
program, which ranks North America's top 500 fastest growing
technology, media, telecommunications and life sciences companies.
For more information on Deloitte's Technology Fast 50 or Technology
Fast 500 programs, visit www.fast500.com. 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. About Deloitte Deloitte refers to one or more of Deloitte
Touche Tohmatsu, a Swiss Verein, its member firms and their
respective subsidiaries and affiliates. As a Swiss Verein
(association), neither Deloitte Touche Tohmatsu nor any of its
member firms has any liability for each other's acts or omissions.
Each of the member firms is a separate and independent legal entity
operating under the names "Deloitte", "Deloitte & Touche",
"Deloitte Touche Tohmatsu" or other related names. Services are
provided by the member firms or their subsidiaries or affiliates
and not by the Deloitte Touche Tohmatsu Verein. Deloitte &
Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu.
In the US, services are provided by the subsidiaries of Deloitte
& Touche USA LLP (Deloitte & Touche LLP, Deloitte
Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte
Tax LLP and their subsidiaries), and not by Deloitte & Touche
USA LLP. 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.
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