SRSL Srs Labs, Inc. (MM)

SRS Premium Sound Now Available on IDT HD Audio Codecs for PC Market SANTA ANA, Calif., Nov. 11 /PRNewswire-FirstCall/ -- SRS Labs (NASDAQ:SRSL), the industry leader in surround sound, audio and voice technologies, and IDT (NASDAQ:IDTI), Integrated Device Technology (IDT), a leading provider of essential mixed signal semiconductor solutions, today announced that they have just achieved the first commercial deliveries of devices incorporating SRS Premium Sound on IDT HD audio Codecs for the PC market. These IDT Codecs incorporate a "highly-integrated" SRS Premium Sound control panel, jointly developed and customized by SRS and IDT. The control panel provides consumers with an intuitive interface that puts all sound controls in one central location making it convenient for the PC user to access. (Logo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO) SRS Premium Sound, a comprehensive suite of advanced patented technologies, provides users with a remarkable entertainment experience. Complete with immersive surround sound, deep bass, high-frequency definition, crystal clear dialog and, specifically for notebook speakers, an overall boosting of sound volume, Premium Sound ensures users receive a superior, natural entertainment experience across any speaker configuration, including headphones. "At IDT, our goal is to help our customers achieve the best possible audio experience available and we are happy to work with SRS to jointly deliver the SRS Premium Sound experience for our PC customers," said Henry Wong, senior strategic marketing manager, for the IDT Computing and Multimedia Division. "Our two companies worked very closely together to design a total audio solution that is tightly integrated within the IDT HD sound GUI and related IDT Codecs, allowing PC makers to deliver a seamless, easy-to-use consumer interface with great new audio capabilities. We are excited to be able to jointly deliver this product to our customers today." The new IDT audio Codec platform provides extraordinary design flexibility, allowing SRS to work directly with PC makers to "tune" the audio performance of each notebook model, taking into account such factors as the computer's case dimensions and internal loudspeakers, ultimately ensuring the best sound possible for the consumer. "To secure design wins for 2009 PCs, we worked closely with IDT to develop and commercially launch SRS Premium Sound on time," said Joanna Skrdlant, senior director, global platform partner program at SRS Labs, Inc. "The advice and support we have received from IDT during the integration process and their relentless testing of the product has been a fundamental factor for our successful deployment of SRS Premium Sound in new consumer notebooks." To commemorate the launch of SRS Premium Sound, SRS is giving away three HP notebook computers featuring SRS Premium Sound. To enter the sweepstakes, visit http://www.srslabs.com/premiumsound, to learn more about SRS Premium Sound, listen to audio demos and download an informative PC Buyer's Guide. The sweepstakes started at noon on October 28 and runs through December 01, 2008. About IDT With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering mixed signal solutions that solve customer problems. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market(R) under the symbol "IDTI". Additional information about IDT is accessible at http://www.idt.com/. About SRS Labs, Inc. Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics. Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150 worldwide patents and is recognized by the industry as the foremost authority in research and application of human auditory principals. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS audio, surround sound and voice processing technologies have been included in over one billion electronic products sold worldwide including HDTVs, mobile phones, portable media devices, PCs and automotive entertainment. In fact, SRS Labs is the de-facto standard of HDTV audio processing with nine of the top ten name brand flat panel TVs featuring SRS technology. 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 Mrs. Skrdlant, 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, Sr. Marketing Manager Chuck Back, 949-442-5518 Noyd Communications Inc. 310-614-2358 Investor Relations Contact: Matt Glover, Liolios Group, Inc. 949-574-3860 http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO http://photoarchive.ap.org/ DATASOURCE: SRS Labs CONTACT: Cyndee Pelino, Sr. Marketing Manager of SRS Labs, Inc., +1-949-442-5518, ; Matt Glover, Liolios Group, Inc., +1-949-574-3860, ; Chuck Back, Noyd Communications Inc., +1-310-614-2358, Web site: http://www.srslabs.com/

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