(COMTEX) B: Spatializer Announces New Family of Comprehensive Digital B: Spatializer Announces New Family of Comprehensive Digital Audio Enhancement Solutions for Television, MP3 Player, PDA, AV Receiver, PC and Car Audio Markets Spatializer DigitalFX(TM) Series Offers Wide Array of DSP-Based Audio Enhancement Algorithms Specifically Optimized for Efficient and Cost Effective Implementation on Targeted Platforms WOODLAND HILLS, Calif., Jul 25, 2000 /PRNewswire via COMTEX/ -- Spatializer Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced today the introduction of the Spatializer DigitalFX(TM) series of DSP-based audio enhancement algorithms specifically targeted and optimized for several key and emerging audio devices and platforms. The Spatializer DigitalFX(TM) series is a comprehensive audio enhancement software solution based on the Company's renowned Spatializer N-2-2(TM) virtual surround sound technology and Vi.B.E(TM), the Company's virtual bass enhancement technology, combined with additional audio effects tailored for specific product applications. This powerful combination of technologies in a single product targeted for specific product applications provides a highly efficient and cost effective solution for the television, portable MP3, PDA, AV Receiver, PC and car audio markets. Spatializer Digital TVFX(TM) is a customized application of Spatializer technology optimized for digital and analog televisions with an on board digital signal processor. Spatializer integrates its original, patented 3D Stereo and N-2-2 technologies with speaker-compensation and Vi.B.E. bass enhancement algorithms. The digital processing of the stereo signal provides a striking and immersive audio experience while the virtual bass enhancement creates apparently deeper bass response from the small speakers utilized by most televisions. Optional reverb and equalizer features further enhance the audio experience. The result is a dramatic improvement to the overall audio soundfield provided by the television. Spatializer Digital TVFX is 100% digital, and applicable to any TV system with an embedded DSP. Spatializer Digital OntheGoFX(TM) is targeted specifically for portable MP3 player devices, including Personal Data Assistants (PDAs). According to industry analysts, the portable MP3 player market is expected to grow to 32 million units sold by 2003. Spatializer Digital OntheGoFX shares the same core 3D stereo technology as other members of the Spatializer DigitalFX series, but sports a highly effective headphone algorithm, which produces a highly immersive audio experience. In addition, the included Vi.B.E technology is particularly effective in improving the limited bass response of inexpensive lightweight stereo headphones often incorporated into these devices. The algorithms are highly efficient, utilizing a minimal amount of MIPS any standard embedded DSP. Spatializer Digital PCFX(TM) combines the entire suite of respected Spatializer audio technologies into a single, comprehensive and cost effective software audio solution for the Wintel platform. Since the product runs on the host CPU, with minimal CPU utilization, no discrete chip is required. Spatializer Digital PCFX provides Spatializer 3-D stereo, Spatializer N-2-2 virtual surround sound for DVD playback, Vi.B.E virtual bass enhancement and enCompass(TM), Spatializer's positional audio technology for computer games utilizing the Microsoft DirectX(TM) API. Spatializer technology has been utilized by Apple Computer across their product platforms since October 1999. Spatializer Digital AVFX(TM) is tailored for AV Receivers equipped with a Dolby Digital decoder. Spatializer Digital AVFX provides Spatializer 3-D stereo, Spatializer N-2-2 virtual surround sound for DVD audio or video playback, Vi.B.E virtual bass enhancement and in the future, extensive room modeling and customized effects. Spatializer Digital AutoFX(TM) enhances the audio performance of DSP-based car stereo systems by delivering Spatializer's acclaimed 3-D stereo, bass enhancement, equalizer and reverb technology in a single solution. Optional positional audio voice cues for on board GPS and navigation systems, virtual surround sound for on board DVD player systems and space modeling will be offered as per customer requirements. "The Spatializer DigitalFX series marks a revolutionary approach to delivering our extraordinary audio enhancement technologies to a wide array of existing and emerging applications in a cost effective manner. This new product line is the keystone of our previously announced objective of leveraging the digital audio revolution to expand our business," stated Henry R. Mandell, Chairman of the Board and Chief Executive Officer of Spatializer Audio Laboratories, Inc." By offering efficient software solutions, thus eliminating the need for costly discrete analog chips, we believe that this product family will expand the use and application of our audio enhancement technologies as never before. Further, as digital signal processors become more powerful and more pervasive, it opens up entirely new dimensions for pushing the envelop in developing astonishing new audio enhancement experiences," continued Mr. Mandell. "We have never announced such a comprehensive array of audio enhancement products at a single time," stated Randy Roscoe, Vice President, Sales and Marketing of Spatializer Audio Laboratories, Inc. "This new family of products allows us to leverage the power of the digital signal processor to deliver an outstanding audio experience to PC and consumer electronics products, while tailoring the algorithms to the specific requirements of our customers. The Spatializer DigitalFX series is both a flexible and comprehensive solution we think our customers can afford to widely incorporate in products previously burdened by the cost constraints posed by discrete analog solutions. In addition, the Spatializer DigitalFX series allows us to offer our technology to the emerging portable MP3 player and PDA markets which are expected to achieve exponential growth in the coming years. I am very excited by the opportunity to offer these outstanding and cost effective audio solutions customized for the specific needs of our customers," concluded Mr. Roscoe. 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, LG, 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 from Matsushita, New Japan Radio Corporation, ESS, Zoran, Motorola, C-Cube, NJRC, OnChip Systems, and Acer Laboratories Inc, in software compatible with softMP3 players such as WinAmp and XingMP3 and in leading DSP and Wintel platforms. 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, website (www.spatializer.com) or by contacting Spatializer at 1-888-825-0743 or e-mail to spaz@mdcgroup.com. Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: Certain information in this news release, including the comments by Messrs. Mandell and Roscoe in paragraphs seven and eight 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), DigitalFX(TM), Digital TVFX(TM), Digital OntheGoFX(TM), Digital AVFX(TM), Digital PCFX(TM) and Digital AutoFX(TM) are trademarks of Desper Products, Inc. Microsoft DirectX is a registered trademark of Microsoft Corporation. Dolby Digital is a registered trademark of Dolby Laboratories, Inc. SOURCE Spatializer Audio Laboratories, Inc. CONTACT: Investor Relations of Spatializer Audio Laboratories Inc., 888-825-0743, spaz@mdcgroup.com URL: spatializer.com prnewswire.com (C) 2000 PR Newswire. All rights reserved. -0- KEYWORD: California INDUSTRY KEYWORD: CPR ENT SUBJECT CODE: PDT OTC *** end of story *** |