(PR NEWSWIRE) Spatializer Announces Enhanced N-2-2 Version 2.0 For DVD and Spatializer Announces Enhanced N-2-2 Version 2.0 For DVD and Digital Audio Markets Follow Up Product to What Has Been Acclaimed As The Most Natural Virtual Surround Sound Available WOODLAND HILLS, Calif., Oct. 4 /PRNewswire/ -- Spatializer Audio Laboratories (OTC Bulletin Board: SPAZ) announced today the release of Spatializer N-2-2(TM) Virtual Surround Sound version 2.0. Spatializer N-2-2 is utilized by leading DVD manufacturers such as Toshiba, Samsung, Hitachi, Acer, Zenith, Goldstar and Emerson to reproduce theatrical quality surround sound from just two ordinary speakers. "N-2-2 version 2.0 pushes the audio experience envelop and steps up the pressure on our competition to try to keep pace with our widely adopted technology," said Henry R. Mandell, Interim Chief Executive Officer of Spatializer Audio Laboratories, Inc. "This new version sends the message to our licensees that we are committed to continuously enhancing our technology to provide the finest audio experience possible to their customers." The new version of N-2-2 takes advantage of the increases in processing power and memory available in today's latest digital A/V systems. "When N-2-2 was originally developed, the most common and cost-effective audio DSPs were capable of performing around 40 million instructions per second (MIPS). With compression algorithms such as Dolby Digital utilizing over 30 MIPS, that didn't leave much room for N-2-2," said Pete Birch, Senior Vice President, Sales and Marketing at Spatializer. "Advances in signal processing technology along with higher performance microprocessors, now allow us to offer a significantly improved algorithm. Having worked with so many manufacturers, we learned how to make N-2-2 better without breaking the bank on processing power. This new version offers our licensees a significantly improved effect in exchange for a small increase in MIPS and memory requirement. We have improved the overall surround effect in addition to making the algorithm more stable and easier to implement. Over the coming weeks we will be offering this upgrade to all our licensees. In addition to continuing our aggressive marketing of N-2-2 for DVD players, we also intend to target the emerging HDTV and Information Appliance markets." Henry R. Mandell concluded, "N-2-2 is already highly acclaimed by the consumer electronics industry. At Toshiba's product announcement last week of their new flagship SD9100 DVD player, they stated that Spatializer N-2-2 produces the most natural virtual surround sound available, with an ideal proportion of stereo, dialog and wrap-around surround sound effects. This kind of testimonial is most gratifying and confirms to us that we continue on track to be the de facto standard for virtual surround sound in DVD and indeed, in the entire digital audio market." 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, Sanyo, Goldstar, Emerson, Zenith and Proton and in PC multimedia systems and peripherals from Dell, Gateway, Hewlett Packard, Fujitsu, Seiko- Epson, NEC, Micron and Labtec. Spatializer stock is traded on the OTC Bulletin Board under the symbol "SPAZ". The company is headquartered in Woodland Hills, Calif. and has marketing, engineering and R&D facilities in Mountain View, Calif. and Tokyo. Further information may be obtained from Spatializer's SEC filings, Web-site (www.spatializer.com) or by contacting the company directly. Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: This news release contains forward looking statements, including Messrs. Mandell's and Birch's quotes in paragraphs two, four and five which are subject to a variety of risks and uncertainties. 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 dependence on new technology and intellectual property, dependence on the PC and consumer electronics industries, successful consummation of transactions in negotiation, dependence on product shipments of third-party licensees, competition and pricing pressures, the timing and realizable value of the MDT technology, the continued need for additional capital and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. Notices: Desper Products, Inc. is a wholly owned subsidiary of Spatializer Audio Laboratories, Inc. Spatializer(R) is a registered trademark and N-2-2(TM) are trademarks of Desper Products, Inc. SOURCE Spatializer Audio Laboratories, Inc. -0- 10/04/1999 /NOTE TO EDITORS: All Spatializer press releases are available on the Spatializer web site, www.spatializer.com/ /CONTACT: Henry R. Mandell, Interim Chief Executive Officer of Spatializer Audio Laboratories, Inc., 818-227-3370, or henrym@spatializer.com/ /Web site: spatializer.com (SPAZ) CO: Spatializer Audio Laboratories, Inc.; Desper Products, Inc. ST: California IN: CPR SU: PDT *** end of story *** |