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Technology Stocks : C-Cube
CUBE 36.29+1.8%Nov 21 3:59 PM EST

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To: John Rieman who wrote (34917)8/4/1998 9:49:00 AM
From: Don Dorsey  Read Replies (1) of 50808
 
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.
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