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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 3:23:26 PM
From: tony schwarz  Read Replies (1) of 1113
 
(COMTEX) B: Spatializer Chairman/CEO Speaks at Intel Developer Forum
B: Spatializer Chairman/CEO Speaks at Intel Developer Forum Conference February
28 Mandell Promotes Benefits of Virtual Audio Software Solutions

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 that its Chairman
and CEO Henry R. Mandell will be a featured speaker at the Intel Developer
Forum, Spring 2001 Conference.

(Photo: newscom.com )

The IDF Conference is considered the premier event for hardware and software
developers seeking vital technology insight and a competitive advantage. With
over 250 sessions and labs, attendees will receive essential technical
information needed to build exciting new products. The conference convened
February 26 and continues through March 1 at the San Jose Convention Center in
San Jose, CA. Mandell is scheduled to speak tomorrow from 10:30 a.m. to 11:20
a.m. (http://www.intel94.com/idf/index2.asp). He will discuss how DSP design-in
engineers can use soft audio technology to deliver rich immersive surround sound
in digital home-based, portable and auto audio systems.

"While engineers have focused their attention on delivering great video and
graphics on the computer and other digital devices, they are finding that
consumers won't settle for second-rate stereo sound," Mandell points out.
"MPEG-3, VQF and AAC reduces sound file size but also delivers audio quality
degradation. Soft audio psycho-acoustic technology economically compensates for
these problems and allows engineers to economically tailor solutions for a wide
array of specific applications."

Mandell believes that the home PC is evolving as the nexus in the convergence of
computing and entertainment and audio will drive this convergence in the
consumer's mind. "Audio is crucial to any entertainment platform. Second-rate
near-CD quality audio is not going to cut it long term," Mandell says. "The
power of today's processor platforms, were, ten years ago, once reserved for
large scale research projects. Today, these powerful, low-cost processors are
being used in a dazzling array of entertainment applications. People expect the
audio from entertainment devices to be reproduced as naturally as it was
performed when digitally mastered and experienced in real life. They will expect
and accept no less. Virtual audio software provides high performance, flexible,
cost effective and turnkey solutions to meet the customer's expectations."

IDF's objective is to provide an educational and interactive environment that
addresses common technology challenges for software and hardware developers
alike. Specifically, the IDF conference provides a worldwide graduate level
technical training venue. Speakers deliver synergistic messages and training
complete with direct access to industry experts in a collaborative engineering
environment. This provides attendees with a checkpoint for their product plans
and development cycles.

Software/Web and hardware developers from OEMs, IHVs, OSVs and ISVs who want to
be on the forefront of communications, client and server design will attend. IDF
attendees include audio and video electronics industry engineers, developers,
architects and technical managers. These developers are in the forefront of
implementing leading edge technology, understanding the latest technology trends
and determining how to adopt new technologies to improve future business
performance.

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. Mandell in paragraphs three and four 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 of Desper Products
Inc.

SOURCE Spatializer Audio Laboratories Inc.


CONTACT: investor relations, Bob Jordan, 888-825-0743,
spaz@mdcgroup.com; or media relations, Andy Marken, 408-986-0
00,
andy@markencom.com, both for Spatializer Audio Laboratories I
c.
/Photo: newscom.com
GO-b )
PRN Photo Desk, 888-776-6555 or 201-369-3467

URL: intel94.com
spatializer.com
prnewswire.com

(C) 2001 PR Newswire. All rights reserved.

-0-


KEYWORD: California
INDUSTRY KEYWORD: ENT
CPR
STW
SUBJECT CODE: OTC

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