Spatializer Audio Laboratories Selected by C-Cube as Innovative Audio Solution Provider for Consumer Digital Video Devices WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Aug. 4, 1998-- Spatializer Audio Laboratories Inc.(Nasdaq:SPAZ), the leading provider of next-generation audio technology solutions, Tuesday announced that C-Cube Microsystems Inc. (Nasdaq:CUBE), the market leader in digital video technology, has selected Spatializer's N-2-2 multichannel algorithm as an audio feature option for its consumer electronics and PC multimedia manufacturers. C-Cube and Spatializer have worked closely to engineer seamless compatibility between their products for easy deployment of C-Cube-based and Spatializer-enhanced systems. This collaboration allows consumer electronics and PC multimedia manufacturers to easily design and deploy systems with the added-value feature of Spatializer's N-2-2. With N-2-2, consumers who only have two speakers can enjoy the richer home theater audio experience of DVD without the hassles of wiring an entire home or having to purchase additional speakers. "We are very excited about entering into this cooperative engineering and marketing effort with C-Cube," said Michael R. Bolcerek, president of Desper Products Inc., Spatializer's audio subsidiary. "C-Cube's ZiVA platform has the level of processing power we recommend for optimization of our audio technology. Together, we offer the market a compelling home theater experience." "Consumer electronics and PC users alike have discriminating expectations for DVD audio and video playback," said Harry Raftopolous, C-Cube's director of marketing for the consumer division. "By incorporating N-2-2 for multichannel virtualization into their system designs, our OEMs gain a highly compelling audio solution." "This collaboration clearly strengthens Spatializer's position in the consumer electronics and PC sectors. Spatializer's N-2-2 technology has strong appeal since it allows the average consumer to enjoy the benefits of a multichannel audio experience through two speakers," said Cheryl Currid, president, Currid & Co., a Houston-based research company focusing on digital technology. "Coupled with Toshiba's integration of N-2-2 announced earlier this year, Spatializer is clearly leading the pack in delivering virtual audio for the consumer electronics and PC market," concluded Currid. About C-Cube Microsystems C-Cube Microsystems is the industry leader in the development and delivery of highly integrated digital video silicon solutions that address the consumer electronics, communications and convergence markets. With headquarters in Milpitas, Calif., C-Cube has offices in North America, Europe and Asia. Its stock is traded on the Nasdaq National Market under the symbol CUBE. C-Cube can be reached at 408/490-8000 or at www.c-cube.com. About Spatializer Audio Laboratories Spatializer Audio Laboratories 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, Panasonic, Hitachi, Sharp, Sanyo and Proton, and in PC multimedia systems and peripherals from Compaq, AST, Dell, Gateway 2000, Fujitsu, Seiko-Epson, NEC, Micron and Labtec. Spatializer stock is traded on the Nasdaq Small Cap Market System under the symbol SPAZ. With headquarters in Woodland Hills, Spatializer has its marketing, engineering and R&D facilities in Mountain View, Calif.; Huntington Beach, Calif.; and Tokyo. Further information may be obtained from Spatializer's Securities and Exchange Commission filings, the company's Web site at www.spatializer.com or by contacting the company directly. Desper Products Inc. and MultiDisc Technologies Inc. are wholly owned subsidiaries of Spatializer Audio Laboratories Inc. Spatializer is a registered trademark of Desper Products MultiDisc is a trademark of MultiDisc Technologies (c) 1998 Spatializer Audio Laboratories Inc. All other corporate and product names are trademarks of their respective owners. Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: Certain information in this news release is forward-looking and involves risk and uncertainties that could significantly impact the results, including but 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 Commissions. |