Tuesday March 13, 6:30 am Eastern Time
Press Release
SOURCE: Spatializer Audio Laboratories Inc.
Spatializer Audio Laboratories to Showcase Newest Digital Audio Enhancement Software at CeBIT
CeBIT is the Leading International Tradeshow for Information And Telecommunications Technology
SANTA CLARA, Calif., March 13 /PRNewswire/ -- Spatializer Audio Laboratories Inc. (OTC Bulletin Board: SPAZ - news), developer and marketer of the ``de facto'' standard for virtual surround sound, will be exhibiting at CeBIT, the world's largest and most influential information and communications technology trade show, March 21 - 28 in Hannover, Germany. CeBIT attracts more than 700,000 attendees from 100 countries and showcases the latest products and services of more than 8,000 projected 2001 exhibitors from 70 countries.
(Photo: newscom.com )
``Spatializer will be showing our latest digital audio enhancement software for the PC and consumer electronics markets at CeBIT. We are a leader in this field, and we are using CeBIT as an opportunity to ratchet-up our European sales efforts,'' says Randy Roscoe, Spatializer's vice president sales and marketing.
In 15 years, CeBIT has developed from being part of the Hannover Fair into the world's leading showplace for information technology, telecommunications and office automation. Roscoe says that Spatializer welcomes the opportunity to demonstrate its digital enhancement software products to television, DVD player, mp3 player, set-top box, PC and Internet appliance OEMs, as well as to the more than 700,000 international attendees. The company will be exhibiting in Hall 6, Booth 16, Stand FO6.
``Our participation at CeBIT is in keeping with our strategy to aggressively seek new business opportunities throughout the world,'' says Spatializer Chairman and CEO Henry R. Mandell. ``Now that we have strengthened our presence in Asia -- and planning more initiatives to come -- we are now in a position to raise our profile in the European market. We intend to yield no ground, market or territory in the digital audio revolution.''
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, LinkUp 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 the Company's web site, www.spatializer.com, 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.
Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: Certain information in this background news release, including the comments by Messrs. Roscoe and Mandell in paragraphs two 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® is a registered trademark of Desper Products Inc. All other trademarks are the property of their respective owners.
SOURCE: Spatializer Audio Laboratories Inc.
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