SRS Labs and DivX Partner to Deliver New SRS HD Sound Feature for Popular DivX(R) Players
November 02 2009 - 8:00AM
PR Newswire (US)
SRS WOW HD DivX Edition Creates an Immersive and Natural Sound
Experience in Any Listening Environment for DivX Players SANTA ANA,
Calif., Nov. 2 /PRNewswire-FirstCall/ -- SRS Labs (NASDAQ: SRSL),
the industry leader in surround sound, audio, and voice
technologies, announced today that it is partnering with leading
digital media company, DivX, Inc. (NASDAQ:DIVX) to develop the SRS
WOW HD(TM) DivX® Edition plug-in for the popular DivX player and
DivX Web Player. SRS Labs and DivX are partnering in this combined
offering to advance the quality and performance of DivX video with
cutting edge sound technology that matches the outstanding video
quality of the DivX players. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO) "DivX has
built a solid reputation for providing a solution that allows
consumers to enjoy high-quality multimedia across a wide range of
devices, while SRS prides itself on creating audio solutions that
provide exceptional audio quality that is both natural and
immersive," said Allen H. Gharapetian, Vice President of Marketing
for SRS Labs. "We are excited to be working with DivX to provide
their users with an enriched audio experience through the ingenuity
of SRS WOW HD DivX Edition." SRS WOW HD DivX Edition restores a
significantly more natural-sounding audio experience to the DivX
players for heavily compressed files and optimizes content to
maximize the sound potential of headphones and built-in speaker
configurations. The result is an immersive 3D audio experience with
improved bass response, greater high-frequency clarity and an
elevated sound stage. "We're always looking for new ways to enhance
our customers' multimedia experience and add more value for our
consumer electronics partners while continuing to advance the
quality and performance of DivX (.avi/.divx) and DivX Plus(TM) HD
(.mkv) videos," said Guto Araujo, Vice President and General
Manager, Software & Services at DivX, Inc. "The addition of the
SRS WOW HD DivX Edition plug-in for the DivX Player and DivX Web
Player allows us to offer a more immersive and natural sound
experience for our users to enjoy the quality of DivX videos with
great audio." The SRS WOW HD DivX Edition software is expected to
be available on DivX's Web site at http://www.divx.com/ before the
end of 2009. 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
http://www.srslabs.com/. Visit SRS Labs' blog at
soundingoff.srslabs.com, on Facebook at
http://www.facebook.com/srslabs or on Twitter at
http://www.twitter.com/srslabs. About DivX DivX, Inc. is a digital
media company that enables consumers to enjoy a high-quality video
experience across any kind of device. DivX creates, distributes and
licenses digital video technologies that span the "three screens"
comprising today's consumer media environment -- the PC, the
television and mobile devices. Over 200 million DivX devices have
shipped into the market from leading consumer electronics
manufacturers. DivX also offers content providers and publishers a
complete solution for the distribution of secure, high-quality
digital video content. Driven by a globally recognized brand and a
passionate community of hundreds of millions of consumers, DivX is
simplifying the video experience to enable the digital home.
Forward-Looking Statements Statements in this press release that
are not strictly historical in nature constitute "forward-looking
statements." Such statements include, but are not limited to,
statements regarding DivX's visibility within the investment
community. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
DivX's actual results to be materially different from historical
results or from any results expressed or implied by such
forward-looking statements. These factors include, but are not
limited to: the risk that customer use of DivX technology may not
grow as anticipated; the risk that anticipated market opportunities
may not materialize at expected levels, or at all; the risk that
the Company's activities may not result in the growth of profitable
revenue; risks and uncertainties related to the maintenance and
strength of the DivX brand; risks associated with DivX's ability to
penetrate existing and new markets; risks regarding the effects of
competition; the risk of DivX's dependence on its licensees and
partners; risks related to the effect of intellectual property
rights claims; and other factors discussed in the "Risk Factors"
section of DivX's most recent report filed with the Securities and
Exchange Commission. All forward-looking statements are qualified
in their entirety by this cautionary statement. DivX is providing
this information as of the date of this release and does not
undertake any obligation to update any forward-looking statements
contained in this release as a result of new information, future
events or otherwise. 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. SRS Labs Media
Contact: SRS Labs Investor Relations Contact: Michael Bingham, PR
Manager Matt Glover, Liolios Group, Inc. 949-442-5582 949-574-3860
Twitter: @SRSLabs DivX Media Contact: DivX Investor Relations
Contact: Jen Baumgartner Karen Fisher 503-901-5371 858-882-6415
http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO
http://photoarchive.ap.org/ DATASOURCE: SRS Labs, Inc. CONTACT:
Media, Michael Bingham, PR Manager of SRS Labs, +1-949-442-5582, ,
Twitter: @SRSLabs, or Jen Baumgartner of DivX, +1-503-901-5371, ,
Investor Relations, Matt Glover of Liolios Group, Inc.,
+1-949-574-3860, , for SRS Labs, or Karen Fisher of DivX,
+1-858-882-6415, Web Site: http://www.srslabs.com/
http://www.divx.com/
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