(COMTEX) B: Spatializer N-2-2 Included in Two New Portable DVD Player
B: Spatializer N-2-2 Included in Two New Portable DVD Players From Toshiba
Corporation Latest Design Wins Debut Spatializer N-2-2 Virtual Surround Sound
in the Portable DVD Player Market
WOODLAND HILLS, Calif., Jul 26, 2000 /PRNewswire via COMTEX/ -- Spatializer
Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced today that Toshiba
Corporation has incorporated Spatializer N-2-2 Virtual Surround Sound in their
first line of portable DVD-ROM/Video Players. Toshiba MED300AS incorporates a
5.8-inch low-temperature polysilicon TFT LCD with a resolution of 800x480 dots
to play DVD without any loss of resolution. The resolution is four times better
than that of an amorphous type. The MED200AS is the world smallest and lightest
portable DVD video player without a LCD screen. Both models can connect to a PC
and feature Spatializer N-2-2 with both on-board speaker (MED300AS) and
headphone settings. They can be used as a 4x DVD-ROM drive and 24x CD-ROM drive
to read CD-ROM, video CD, music CD, CD-R and CD-RW.
"We are pleased that Toshiba Corporation has once again selected Spatializer
N-2-2, this time for their exciting new line of portable DVD players," said
Henry R. Mandell, Chairman and Chief Executive Officer of Spatializer Audio
Laboratories, Inc. "We have worked together for quite some time with Toshiba
Corporation on their DVD products, but it is always a privilege to be involved
with an entirely new product launch, especially with a product of this caliber.
Equally exciting for us is the opportunity to showcase our technology in
portable devices such as these, including our headphone application of N-2-2. We
recently announced our strategic initiative to broaden the use of our
applications in the exploding portable digital products market. This is the
first in what we believe will be many transactions to expand the use of our
DigitalFX(TM) technology. "
"We are most enthusiastic about the launch of our new line of portable
DVD-ROM/Video players and are pleased to again be offering our customers
Spatializer N-2-2," said Hiroyuki Sakamoto, Senior Manager of the newly formed
Mobile AV Network Division, Digital Media Equipment & Services Company, Toshiba
Corporation. "Spatializer was the provider who could offer us the best audio
enhancement solutions to help us increase our product sales in the global DVD
market. Spatializer N-2-2 'has been well received by our customers, and we
believe that 'Spatializer N-2-2 adds significant value to our complete range of
DVD products and to our customer's entertainment experience."
Headquartered in Tokyo, Toshiba Corporation is a leader in information and
communications systems, electronics components, consumer products and power
systems. Among its achievements include the largest share of the world portable
PC market. Toshiba's World Wide Website is located at toshiba.co.jp.
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 Mr.
Mandell 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, and other risks detailed from time
to time in the Company's periodic reports filed with the Securities and Exchange |
