* Based on the highly popular and award-winning iWOW software, version 2 offers Mac users preset options and a movie headphone mode SANTA ANA, Calif., Sept. 27 /PRNewswire-FirstCall/ -- SRS Labs, Inc. (NASDAQ:SRSL), a leading provider of surround sound, audio enhancement and voice technologies, announced the release of iWOW 2(TM), the latest version of the popular and award-winning iTunes plug-in for Macintosh computers. (Logo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO) iWOW 2 uses several patented audio enhancement technologies from SRS Labs to provide full, 3D audio over desktop and laptop computers as well as external speakers and headphones. iWOW 2 not only brings Mac users a richer, more powerful and brilliant audio experience when listening to music, videos or podcasts, but now it also provides new preset options and offers listeners the ability to listen and enjoy movies and videos on iTunes in surround sound over headphones. With iWOW 2 users are now given the ability to create and save presets for specific songs, videos and podcasts. An 'Auto-preset' option, also new to iWOW 2, automatically chooses the best iWOW preset based on the information in the music or video. Additional presets were created specifically for podcasts, techno and acoustic music plus there are three new playback settings for videos. With iWOW 2 users can easily customize their audio experience for different types of content. Another new feature is iWOW 2's Movie Mode, which offers users a unique way to enjoy movies and videos in iTunes. With virtual surround sound over headphones, users can enjoy a home theater-like experience from their videos on the go or at home. The incorporation of several SRS audio enhancement technologies allows iWOW 2 users more control and flexibility over the audio content in iTunes. For instance, the addition of SRS Headphone 360(TM) creates amazing virtual surround sound over headphones for videos and movies. SRS WOW HD(TM) improves the audio performance of compressed and uncompressed audio by expanding the size of the audio image in the horizontal and vertical sound field and creating a deep, rich bass response. SRS(R) 3D creates a three-dimensional stereo enhancement for mono or stereo content while SRS 3D Center Control uses a virtual "zoom" lens to dynamically extracts and position the dialog in the foreground or background of the audio mix. SRS TruBass(R) maximizes bass response as SRS FOCUS optimizes speaker output to compensate and reposition instrument placement. SRS Definition(TM) delivers a more lively and brilliant sound by highlighting the high frequency details and restoring data originally present in the audio source but was lost during the audio compression process. "SRS Labs is dedicated to introducing complete, customizable audio solutions to strengthen Mac users' multimedia experience," said Tom Yuen, Chairman and CEO, SRS Labs. "As the popularity of Mac's as entertainment devices increases, so does the demand for enhanced audio to ensure the best experience. With iWOW 2, music and video can be experienced with superior audio that complements the visual experience." System requirements for iWOW 2 are any Macintosh running OS X 10.2 or better with iTunes 6 or better. The plug-in is available for download (Now) directly from SRS Labs at http://www.srslabs.com/iwow and other leading download sites. The plug-in sells for an introductory price of $19.99 after a brief trial period. Users who have previously purchased iWOW 1 can try the new version and upgrade for only $11.99. About SRS Labs, Inc. SRS Labs is a leader in audio signal processing for consumer electronics. Founded in 1993, SRS Labs holds 129 worldwide patents, with another 34 pending, for advanced audio, voice and surround sound technologies that optimize and improve the listening experience through techniques based on research into the human auditory system. Through partnerships with leading global manufacturers and semiconductor and software partners, over one billion products have shipped worldwide utilizing SRS audio technologies, primarily from one of three main technology families, SRS WOW(R), SRS TruSurround(R) and SRS Circle Surround(R). SRS Labs audio and voice processing provides the best possible sound from all content and in every environment including HDTVs, mobile phones, portable media devices, A/V components, PCs and automotive entertainment. And with 38 percent of the 58 million flat panel televisions shipped in 2006 featuring SRS audio processing, SRS Labs is the de-facto standard of HDTV audio processing. Additionally, SRS Labs surround sound solutions provide 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. For more information, visit http://www.srslabs.com/. 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., Contact: Press Contact: Cyndee Pelino, Marketing Manager Jim Noyd, Noyd Communications Inc. 949-442-5518 310-374-8100 http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO http://photoarchive.ap.org/ DATASOURCE: SRS Labs, Inc. CONTACT: Cyndee Pelino, Marketing Manager of SRS Labs, Inc., +1-949-442-5518, ; or Jim Noyd of Noyd Communications Inc., +1-310-374-8100, , for SRS Labs, Inc. Web site: http://www.srslabs.com/

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