Vestel and SRS Labs Team to Advance Home Theater Surround Sound Experience across Europe

SRS Labs (NASDAQ:SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that it has extended its partnership with Vestel, the largest TV manufacturer in Europe, to deliver an immersive front-rendered surround sound experience from flat panel HDTVs, by way of SRS TruSurround HD™.

“Vestel has been a committed partner for several years, and we’re thrilled to be expanding our relationship,” said Allen H. Gharapetian, Vice President of Marketing for SRS Labs. “Through SRS TruSurround HD, Vestel HDTVs have the capacity to deliver compellingly natural surround sound directly from its built-in speakers, setting a new standard of audio excellence.”

SRS TruSurround HD is a robust multichannel system that provides a remarkable and natural surround sound listening experience within a front-rendered playback environment. SRS TruSurround HD processes up to 6.1 channels of audio to create impressive surround sound over two built-in speakers, as well as optimizes bass response, and offers remarkably improved dialog that’s both clear and distinct. To complete the audio experience, SRS TruSurround HD also features definition control for maximum high-frequency realism and clarity.

The Vestel Group of companies are a strong, leading player in the European and global markets for consumer electronics, white goods and digital products accounting for 16 percent of the LCD TV market and 25 percent of the digital set-top-box market in Europe. With its proven technology, design and development competencies, Vestel is one of the world’s leading OEM and ODM producers.

Vestel and their partner OEM brands will ship SRS TruSurround HD-equipped TVs to consumers in more than 40 nations across Europe.

“As a leader in the consumer electronics space, Vestel is committed to delivering the highest quality entertainment experience to our consumers across all devices,” said Turan Erdogan, Executive Board Member and President of Vestel Foreign Trade. “SRS Labs has a proven track record of enabling a powerful developer community and delivering the best quality sound experiences for millions of users around the world.”

To date, more than 250 million SRS TruSurround HD-equipped HDTVs have shipped globally. Vestel HDTVs featuring SRS will be available at retail stores across Europe beginning in the fourth quarter of 2010, which further affirms SRS’ position as the de facto world standard for built-in HDTV surround sound.

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 Vestel

The Vestel Group is comprised of 25 companies operating in manufacturing, technology development, marketing, and distribution fields in the consumer electronics, digital technologies, and household appliances, with € 3.7 billion turnover. Vestel is the largest TV manufacturer in Europe accounting for 16% of the LCD TV, as well as 25% of the digital set-top boxes markets in Europe.

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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