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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (45293)12/15/1999 12:47:00 PM
From: Tassi   of 108040
 
QSND.. News
QSOUND LABS AND 4FRONT TECHNOLOGIES PROVIDE LINUX USERS WITH IMPROVED INTERNET AND MP3 AUDIO CAPABILITIES; SOFTWARE PLUG-IN AVAILABLE AT QSOUND.COM AND OPENSOUND.COM BUSINESS/HIGH TECH EDITORS
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CALGARY, Alberta/CULVER CITY, Calif.--(BUSINESS WIRE)--Dec. 15,
1999--QSound Labs, Inc. (NASDAQ: QSND.O), a leading supplier of digital
and analog audio solutions and a developer of e-commerce software, and
4Front Technologies, a leader in digital audio solutions for Linux and
UNIX platforms, announced today the successful launch of iQ(TM) for
Linux, a software plug-in for XMMS. XMMS is a cross platform MP3 and
Multimedia player that has become the most popular audio application
on Linux and now comes bundled with all popular Linux distributions,
such as Corel Linux, SuSE, Mandrake, and Red Hat Linux. XMMS is being
released under an open source license with a large number of
developers.
"Today's Internet audio announcement is a further testament to
the execution of our strategy to increase the accessibility of our
innovative 3D audio products. We are proud to say that we are the only
3D audio company with software solutions available for all 3D Internet
and MP3 platforms," stated David Gallagher, President and Chief
Executive Officer of QSound Labs.
iQ is one of the first "third party" plug-ins to be integrated
into the XMMS, making it easier than ever for Linux users to enjoy a
dramatically enhanced audio experience over the Internet. iQ converts
mono signals to stereo and stereo to 3D, adding rich, immersive audio
to the already powerful XMMS player. iQ is available immediately and
can be purchased directly from www.qsound.com and www.opensound.com
for the special price of $10.00.
"With the introduction of iQ for Linux, XMMS users can now
experience the same QSound MP3D enhancements available for WinAmp,"
said Dev Mazumdar, President of 4Front Technologies. "We will be
working closely with QSound Labs to bring many more exciting QSound
products to the Linux and the Open Sound System platform."

About iQ

iQ is a compact 3D audio software package that automatically
synthesizes a remarkable 3D stereo image from mono audio and
dramatically changes current Web audio into a virtual surround sound
environment.

About 4Front Technologies

4Front Technologies is a privately held company with development
facilities in California, Finland and Sweden. 4Front's main focus is
on developing audio solutions for the UNIX and embedded Systems
marketplace. 4Front's Open Sound System has become the "de-facto"
audio API that is now distributed with Linux and FreeBSD kernel
sources under the GNU Public License (GPL). Open Sound System has been
licensed by companies like SCO, Wind River Systems and endorsed by SUN
Microsystems. The commercial version of Open Sound System is also
bundled in Linux distributions from Corel, Caldera, SuSE and
TurboLinux.
The X Multimedia System (XMMS) project is developed under the GNU
Public License (GPL) and is sponsored by 4Front Technologies. XMMS is
a cross platform multimedia player that supports MP3, Wave, CD, MOD,
MIDI, and other digital audio and video formats. It also provides MP3
streaming playback support over the Internet and provides visual
graphics synchronized to sound output. It also provides complete
control over GUI layout and design. More information on XMMS is
available at www.xmms.org and www.opensound.com.

About Linux

Linux is a free UNIX-type operating system that was originally
created by Linus Torvalds with the assistance of developers around the
world. Linux is an independent POSIX implementation and includes true
multitasking, virtual memory, shared libraries, demand loading, proper
memory management, TCP/IP networking, and other features consistent
with UNIX-type systems. Linux is developed under the GNU Public
License (GPL), the source code for Linux is freely available to
everyone. More information on Linux is available at www.linux.com.

About QSound Labs, Inc.

Since its inception in 1988, QSound Labs, Inc. has evolved into
one of the world's leading audio technology companies and an
e-commerce solution provider. The Company has developed proprietary,
patent-protected audio solutions that include virtual surround sound,
positional audio and stereo enhancement for the consumer electronics,
multimedia PC, Internet and healthcare markets. The Company's
cutting-edge audio technologies create 3D audio environments, allowing
consumers to enjoy stereo surround sound from just two speakers. For
more information, visit our website at qsound.com.

This release contains forward-looking statements within the meaning of
the Private Securities Litigation Act of 1995 concerning, among other
things, the anticipated introduction of new products and future
financial results, including statements made by Mr. Gallagher
regarding the foregoing. Investors are cautioned that such
forward-looking statements involve risk and uncertainties, which could
cause actual results, performance or achievements of the Company, or
industry results to differ materially from those reflected in the
forward-looking statements. Such risks and uncertainties include, but
are not limited to, risks associated with the Company's ability to
carry out its business strategy and marketing plans, availability of
sufficient resources for the Company to timely and cost effectively
carry out the Company's business plans and strategies, dependence on
the performance of third parties who have agreed to market the
Company's technologies, dependence on intellectual property,
uncertainties relating to product development and commercial
introduction, rapid technological change and competition, continued
growth of the Internet, general economic and business conditions and
other risks which may be detailed from time to time in the Company's
periodic reports filed with the Securities and Exchange Commission.
Forward-looking statements are based on the current expectations,
projections and opinions of the Company's management, and the Company
undertakes no obligation to publicly release the results of any
revisions to such forward-looking statements which may be made, for
example to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.

--30--sm/ny*

CONTACT: QSound Labs, Inc.
Investor Contact:
Paula Murray
(954) 796-8798
paula.murray@qsound.com
or
The MWW Group - Public Relations
Laura L. Kieley
(212) 704-9727
lkieley@mww.com

KEYWORD: INTERNATIONAL CANADA CALIFORNIA
INDUSTRY KEYWORD: E-COMMERCE ELECTRONIC GAMES/MULTIMEDIA
INTERNET NETWORKING SOFTWARE ENTERTAINMENT PRODUCT

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1999, Business Wire

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