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Strategies & Market Trends : SPATIALIZER AUDIO LABS INC (SPAZ)

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To: Gary Carlson who started this subject2/27/2001 7:20:57 AM
From: tony schwarz   of 1113
 
(COMTEX) B: Spatializer Audio Laboratories and LinkUp Systems Partner
B: Spatializer Audio Laboratories and LinkUp Systems Partnership Offers
Spatializer Digital OntheGoFX(TM) Audio Enhancement Software to Licensees Of
the LinkUp Systems L72XX Processors DSP-Based Software Enables LinkUp L72XX
System Processors to Deliver 3-D Stereo and Virtual Bass Enhancement for
Internet Appliances, Set Top Boxes, Smartphones and PDAs

SANTA CLARA, Calif., Feb 27, 2001 /PRNewswire via COMTEX/ -- Spatializer Audio
Laboratories Inc. (OTC Bulletin Board: SPAZ), developer and marketer of the de
facto standard for virtual surround sound, announced today it has joined with
LinkUp Systems Corporation to offer Spatializer Digital OntheGoFX(TM) for the
LinkUp L72XX processors. The products combine to provide enhanced audio for the
Internet Appliance, Set-top Box PDA and Smartphone markets. The software will be
available for OEM licensing from Spatializer Audio Laboratories.

(Photo: newscom.com )

"This is a great opportunity to show that quality audio can be achieved on
inexpensive and low-powered embedded processors such as the LinkUp Systems L72XX
System-on-Chip family," said Randy Roscoe, VP Sales and Marketing at Spatializer
Audio Laboratories. "The partnership opens the doors to a whole new market of
audio opportunities for both companies."

"This development collaboration allows our customers to take advantage of
Spatializer's new DSP audio effects typically found in the mainstream consumer
electronics market and make it available on their low-cost Internet appliances,
PDA, PDA phone, Smartphone and Set-top boxes," said Ernest Lin, executive VP
Business Operations at LinkUp Systems. "Multimedia enhancements in future
Internet appliances will be a key market success factor. With the 3-D Stereo and
virtual bass enhancement ported onto L72XX-based Internet appliances, our
customers would certainly benefit from crucial differentiating factors in the
marketplace to drive for a successful business in Internet appliances and other
devices."

About LinkUp Systems

Privately held, LinkUp Systems Corp. provides ARM(R) core-based system-on-
silicon products for the Internet appliance and consumer electronics markets.
The company's products are optimized for low-power portable applications such as
Pocket PCs, smartphones and wireless Internet terminals, screenphones and mobile
multimedia embedded markets. LinkUp also provides support chips for Intel's
StrongARM(R) SA-1100 integrated processor. The company is headquartered at 3401
Leonard Court, Santa Clara, CA 95054. Telephone: 408/988-1848. For more
information, visit linkupsys.com.

About Spatializer

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, Zenith and Proton, in PC multimedia systems and peripherals from
Apple and Labtec, in silicon from Matsushita, New Japan Radio Corporation, ESS,
Zoran, Motorola, C-Cube, Tvia, VM Labs and Acer Laboratories Inc, and in
software compatible with MP3 players such as WinAmp and embedded with RISC cores
from MIPS Technologies Spatializer stock is traded on the OTC Bulletin Board
under the symbol: SPAZ. The company is headquartered in Santa Clara, CA., with
marketing offices in Tokyo, Japan. Further information may be obtained from
Spatializer's SEC filings, and by contacting the company's Investor Relations
Department toll-free at 888-825-0743 or by writing to spaz@mdcgroup.com. For
media inquiries, please contact Marken Communications at 408-986-0100 or by
writing to Andy@MarkenCom.com.

Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of
1995: Certain information in this background news release, including the
comments by Mr. Roscoe 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 the continued need for additional capital, 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
Commission.

NOTE: Desper Products Inc. is a wholly owned subsidiary of Spatializer Audio
Laboratories Inc. Spatializer(R) is a registered trademark and Spatializer
Digital OntheGoFX(TM) and Vi.B.E(TM) are trademarks of Desper Products Inc.

SOURCE Spatializer Audio Laboratories Inc.


CONTACT: Investor Relations, Bob Jordan, 888-825-0743, spaz@mdcgroup.c
m;
or Media Relations, Andy Marken, 408-986-0100, andy@markencom
com, both for
Spatializer Audio Laboratories Inc.
/Photo: NewsCom: newscom.com
LAM025LOGO-b
PRN Photo Desk, 888-776-6555 or 201-369-3467

URL: linkupsys.com
spatializer.com
prnewswire.com

(C) 2001 PR Newswire. All rights reserved.

-0-


KEYWORD: California
INDUSTRY KEYWORD: CPR
CSE
OTC
SUBJECT CODE: JVN
OTC

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