News from Raging Bull:
Spatializer Collaborates With VM Labs to Provide Audio Enhancement TechnologyFor the NUON Platform First NUON Powered DVD Players Incorporating Spatializer'sN-2-2 Virtual Surround Sound Algorithm to be Available in Second Quarter
Tue Feb 01 08:03:00 EST 2000
WOODLAND HILLS, Calif., Feb 1, 2000 /PRNewswire via COMTEX/ -- Spatializer
Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced today that VM Labs,
Inc. will offer Spatializer's audio enhancement algorithms on their highly
acclaimed and revolutionary NUON platform.
"We are very pleased to make this announcement," said Pete Birch, Senior Vice
President at Spatializer. "The NUON platform is an exceptional product, and has
garnered a huge amount of interest. We have been working with the people at VM
Labs for over 2 years and are pleased that we are able to bring our efforts to
fruition. This alliance helps secure our position as the defacto solution for
virtual surround audio, and ensures that we are able to continue to provide the
consumer with the benefits of our technology in the latest generation of
interactive DVD units. We expect to announce specific design wins over the next
few months."
VM Labs' NUON technology turns a DVD player into a complete video entertainment
system. Standard DVD movies will not only run on NUON enhanced DVD players, but
will benefit by vastly improved movie-viewing features. NUON enhanced players
will also be able to play a wide variety of entertainment and educational
software as well as bring audio CDs to life with stunning visual effects modes.
VM Labs is licensing third party publishers to develop NUON interactive software
that will serve the family market. Peripheral ports will allow users to plug in
joysticks, keyboards and other devices, providing additional ways to interact
with the DVD player.
Richard Miller, Chief Executive Officer of VM Labs, commented, "The inclusion of
Spatializer's technology in the NUON platform was a must for us. They are the
leading brand for virtual audio enhancement in the DVD market and we are more
than pleased to have this relationship. The ability to generate a surround sound
environment from just two speakers provides NUON enhanced DVD players with
greater functionality and appeal in the family market where a complete home
theatre set-up isn't always possible."
N-2-2 is Spatializer's flagship product for the DVD player market. The
technology employs psychoacoustic signal processing to create a realistic home
theatre surround experience from just two speakers. To date the technology has
been incorporated in DVD players from Toshiba, Samsung, LG, Acer, Hitachi, GE,
Zenith, Marantz, Emerson, and others.
NUON has the speed and power to transform a DVD player into an interactive
fun-center that will entertain the whole family. NUON enhanced digital video
devices bring the television to life with interactivity in the form of games,
educational software, interactive movie content and more. Future NUON enhanced
features include Internet connectivity and web-enabled movie experiences. The
NUON media processing technology replaces the MPEG decoder chip currently found
in digital video products. Analysts predict that digital video will supersede
the current analog method over the next few years, and NUON is poised to become
the new standard for interactive digital home entertainment. VM Labs is based in
Mountain View, CA. For additional product information, please visit
nuon-tech.com.
Spatializer Audio Laboratories, Inc. is a leading developer, licensor and
marketer of next-generation technologies for the consumer electronics, computing
and entertainment industries. The company's advanced audio technology is
incorporated into consumer electronics audio, video and DVD products from global
brand leaders including Toshiba, JVC, Panasonic, Hitachi, Samsung, Acer, Sharp,
Sanyo, Goldstar, Emerson, Zenith and Proton, in PC multimedia systems and
peripherals from Apple, Dell, Gateway, Hewlett Packard, Sony, Fujitsu,
Seiko-Epson, NEC, Micron and Labtec, in silicon with Matsushita, ESS, Zoran,
Motorola, C-Cube, OnChip Systems, and Acer Laboratories Inc, and in software
compatible with MP3 players such as WinAmp and XingMP3.
Spatializer stock is traded on the OTC Bulletin Board under the symbol "SPAZ."
The company is headquartered in Woodland Hills, Calif. and has marketing,
engineering and R&D facilities in Santa Clara, Calif. and Tokyo. Further
information may be obtained from Spatializer's SEC filings, Web-site
(www.spatializer.com) or by contacting the company directly.
Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of
1995: Certain information in this news release, including the comments by Mr.
Birch in paragraph two are forward looking statements 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 financial goals will
be realized. Numerous uncertainties and risk factors 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. These
uncertainties and risk factors include, but are not limited to dependence on new
technology and intellectual property, dependence on the PC and consumer
electronics industries, dependence on product shipments of third-party
licensees, competition and pricing pressures, the timing and realizable value of
the MDT technology, and other risks detailed from time to time in the Company's
periodic reports filed with the Securities and Exchange Commission.
Notices: Desper Products, Inc. is a wholly owned subsidiary of Spatializer Audio
Laboratories, Inc. Spatializer(R) is a registered trademark and N-2-2(TM),
Vi.B.E(TM) and StreamFX(TM) are trademarks of Desper Products, Inc. NUON is a
trademark of VM Labs, Inc.
SOURCE Spatializer Audio Laboratories Inc.
(C) 2000 PR Newswire. All rights reserved.
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