SANTA ANA, Calif., June 22 /PRNewswire-FirstCall/ -- SRS Labs, Inc.
(Nasdaq: SRSL), has been named the winner in the 2010 American
Technology Awards, "The Termans", which bestows the "Best Of"
awards that recognize all technology products and services for the
technology industry. The award was attributed to the MyVolume
Adaptor, a standalone TV volume leveling solution featuring SRS
TruVolume technology, in the Consumer Electronics category.
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SRS MyVolume, powered by TruVolume™ technology, is a small HDMI
adapter that is primarily designed to connect between TVs and
set-top-boxes and allows users to enjoy television programming free
from annoying volume fluctuations that are normally encountered
when switching between sources, channels, and when programming
transitions to commercials. SRS TruVolume is a revolutionary audio
solution that provides listeners with a consistently comfortable
volume level for a more enjoyable multimedia experience. Listeners
simply set the volume to their preferred listening level, sit back
and relax. And, with more than 30-million CE devices shipped
worldwide featuring the SRS solution, TruVolume is the uncontested
de-facto volume-leveling standard.
"We would like to thank TechAmerica Foundation for this honor,
as we are truly thrilled to have been recognized with a Terman for
our work on the MyVolume Adaptor," said Allen H. Gharapetian, Vice President of
Marketing for SRS Labs. "Volume fluctuations have irritated
households for years and this little device, through sophisticated
power of SRS TruVolume, can effectively eliminate this issue for
good."
"We had a lot of nominations for these prestigious awards, and
we congratulate SRS Labs for their winning achievement," said
Phil Bond, chairman, TechAmerica
Foundation. "TechAmerica Foundation is excited to highlight SRS
Labs, as it continues to influence technology development
throughout the rest of the world."
The American Technology Awards were presented for each of the
inclusive segments of the technology industry: Aerospace and
Defense; Clean Tech/Green Tech/Smart Grid; Cloud Computing/Software
as a Service; Computers and Peripherals; Consumer Electronics;
Cyber Security and Authentication; Electronic Components; Internet
Services; Measurement and Control Instruments; Medical Devices;
Server & Storage Technology; Software; Technology Consulting;
Technology Services; and Telecommunications.
Industry experts and technology companies vetted nominations for
the American Technology Awards, "The Termans". These awards are
named after Frederick Terman, who is
widely credited as being the father of Silicon Valley. The winners
were announced on June 16th, 2010 at
TechAmerica Foundation's Eighth Annual Technology and Government
Dinner, which has been a premier Washington, D.C. networking event bringing
hundreds of industry, congressional and government leaders together
at one venue to celebrate the partnership between industry and
government.
The SRS MyVolume adapter featuring SRS TruVolume technology is
available directly through SRS' online store at www.srslabs.com and
select retailers nationwide.
For more information, please visit
www.techamericafoundation.org/thetermans.
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 audio post
processing technologies based on the human auditory
principles. Through partnerships with leading global CE
companies, semiconductor manufacturers and software partners, SRS
is recognized as the de facto standard in audio enhancement,
surround sound, volume leveling and voice processing technologies.
SRS solutions have been included in over one billion electronic
products sold worldwide including flat panel HDTVs, STBs, mobile
phones, portable media devices, PCs and automotive
entertainment. SRS Labs supports its partners around the globe with
a network of offices in regions including the U.S., China, Europe, Japan, Korea and Taiwan. For more information, visit
www.srslabs.com. Visit SRS Labs' blog at soundingoff.srslabs.com,
on Facebook at www.facebook.com/srslabs or on Twitter at
http://www.twitter.com/srslabs.
About TechAmerica Foundation
TechAmerica Foundation educates industry executives, policy
makers and opinion leaders on the promise of technological
innovation to advance prosperity, security and the general welfare.
Launched in 2009, the foundation is a 501c(3) non-profit,
non-partisan affiliate of TechAmerica, the leading voice and
resource for the U.S. technology industry. It disseminates
award-winning industry, policy and market research covering topics
such as U.S. competitiveness in a global economy, innovation in
government, and other areas of national interest. The foundation
also organizes conferences and seminars to explore pertinent issues
with government and industry representatives and to share the
foundation's findings. Learn more about TechAmerica Foundation
at www.techamericafoundation.org.
Except for historical information contained in this release,
statements in this release, including those by Mr. Gharapetian,
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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Media
Contacts:
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Michael
Bingham
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SRS Labs
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949-442-5582
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michaelb@srslabs.com
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Anne Caliguiri
Savoie
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Director of
Communications, TechAmerica
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703.284.5305
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anne.savoie@techamericafoundation.org
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SOURCE SRS Labs, Inc.