SRS StudioSound HD Now Available on MediaTek DTV Controller Platform

SRS Labs (NASDAQ:SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that MediaTek, a leading fabless semiconductor company for wireless communications and digital multimedia solutions, is now offering SRS StudioSound HD™ on its new MT5387/MT5388 ATSC TV controller platform to deliver a ground-breaking HDTV audio experience.

“We are excited to continue working alongside MediaTek to offer the best possible HDTV multimedia experience to our licensees in the television space,” said Joanna Skrdlant, Senior Director of Global Platform Partnerships for SRS Labs. “Creating the ultimate home theater audio experience is a team effort, and working alongside a great partner like MediaTek is rewarding given their focus on delivering both value and quality to their customer base. With the availability of our advanced new StudioSound HD audio suite on the MediaTek’s SoCs, it is now possible for us to deliver a great audio performance on any HDTV make and model that has partnered with MediaTek.”

The flagship SRS StudioSound HD is the most comprehensive and powerful HDTV audio suite ever developed and MediaTek’s HDTV manufacturing partners will now have the ability to deliver advanced audio management features that:

Automatically detect and control abrupt TV volume fluctuations
Intelligently separate vocals from all other content and dynamically adjust the dialog level to ensure that it’s always clearly understood
Faithfully reproduce audio with enhanced depth and dimension for a truly compelling surround sound experience using a TV’s built-in speakers

As part of the company’s highly integrated SoC product family, MediaTek’s MT5387 and MT5388 models, featuring SRS’ audio enriching solutions, combine a DTV backend decoder and TV controller enabling consumer electronics manufacturers to build high-quality, feature-rich HDTVs that are practically unmatched.

The platform models are available now, and are being targeting towards leading DTV manufacturers within the US and China markets.

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.

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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