SRSL Srs Labs, Inc. (MM)

SRS Labs, Inc. (NASDAQ:SRSL), a leading provider of surround sound, audio and voice technologies, today announced the new SRS TruSurround HD4� (TS HD4) virtual surround sound audio technology is available on the latest generation of single-chip TV audio solutions from Micronas. The latest addition to the SRS TruSurround� family of multichannel virtualization technologies, TS HD4 delivers surround sound from front-positioned speaker drivers ranging from 4.0 to 5.1 discrete channels. Perfectly designed for the midrange and high-end television market and speaker array configurations, SRS TruSurround HD4 accepts up to seven (6.1) input channels and renders virtual surround sound from the front of the viewer. TS HD4 utilizes proprietary algorithms to enhance signal clarity and improve the intelligibility of dialog, while psychoacoustic techniques maximize the perceived bass response. When televisions featuring SRS TruSurround HD4 receive multichannel or Lt/Rt content, TruSurround HD4 virtualizes the channels, creating �phantom� speakers that appear to extend all around the listener, so the listener experiences a distinctively immersive surround sound effect without the clutter of extra speakers. When the audio source is mono or stereo, TruSurround HD4 creates an expansive three dimensional sound field, provides definition to high-frequencies and offers a center control feature to adjust the mix of center information. �The feature-rich solution SRS TruSurround HD4 provides combined with Micronas� high performance TV audio DSPs delivers an incredibly immersive and thrilling user experience,� said Lenka Koloma, senior director, Strategic IC Partner and Sales, SRS Labs. �The powerful combination also creates an attractive and seamless offering which TV manufacturers worldwide can instantly deploy.� The two Consumer Audio System-on-Chip (SoC) ICs from Micronas that feature SRS TruSurround HD4, as well as the previously announced SRS TruSurround HD, are MAP-M and MSP-M. MAP-M is optimized for televisions focusing on digital TV as well as for home audio applications such as integrated audio systems, A/V receivers and Home-Theater-in-a-box (HTiB). MSP-M is designed for televisions receiving analog and digital broadcasts. Both solutions are fully pin and software compatible and are the core audio device in HDTVs and home audio systems. �We are excited to offer SRS Labs' latest virtual surround technology on our unique single-chip high-end audio system,� said Stefan Hepp, director marketing Consumer Audio at Micronas. �SRS TruSurround HD4 delivers superior audio performance. Combined with our flexible SoC, we are able to provide CE manufacturers with a cost-effective solution that includes the expanded features to maximize product differentiation.� SRS Labs will be demonstrating SRS TruSurround HD4 at the 2007 Consumer Electronics Show in Las Vegas, January 8-11 at the Las Vegas Convention Center, room N210. Demonstrations will also be available in Micronas� booth, #35344 / 35875 in South Hall 4. 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 one billion 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 Mrs. Koloma 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.