SRSL: Here's an article from today. Company is doing business with some big names.
On Its Sound Re-Positioning Technology FOCUS, and Notification of Patent Issuance on its Virtual Audio Technology, TruSurround
Implementation Options Via Integrated Circuit and DSP Code Allow License By Manufacturers of Consumer Electronics, Automotive, Professional Sound And Computer Products
SANTA ANA, Calif., Jan. 6 /PRNewswire/ -- SRS Labs, Inc. (Nasdaq: SRSL), a leading provider of audio and voice technology solutions, announces today that the protection for its portfolio of audio technologies has been strengthened significantly with the issuance of new patents in the United States. These patents further solidify SRS Labs' leadership position as a developer of unique audio and voice technologies that add significant value to the products from consumer electronics, car sound, and professional sound and computer manufacturers. "We are very pleased to receive the patent for FOCUS and the patent notification for TruSurround," stated Tom Yuen, chairman and CEO of SRS Labs. "These patents help demonstrate our commitment to become the leading provider of audio and voice solutions to Original Equipment Manufacturers entering the convergence market. Our portfolio of intellectual property has enhanced millions of familiar products over the years, and our portfolio will grow to enhance emerging products such as HDTV, Set-Top Boxes and the Internet."
FOCUS Issued U.S. Patent No. 5,850,453 FOCUS is a unique technology based on the human hearing system designed to electronically reposition a sound image from non-optimally located speakers. FOCUS was originally designed for automobiles where producing a vivid sound image is a challenge due to speakers which are often located in the door panels. Additional applications are large screen televisions, where the speakers are located below the picture, and home and computer audio systems were speakers must be placed in sub-optimal locations for aesthetic or design reasons. Manufacturers currently implementing FOCUS include NEC(R) and NuReality(R). NEC provides FOCUS as a feature on its floor standing home entertainment system, to raise the stereo presentation to ear level. NuReality(R) offers FOCUS in its car audio amplifiers and processors to bring the sound image up to the dashboard, from speakers located in the doors or kickpanels.
FOCUS Implementation Options FOCUS is easily implemented into equipment using an integrated circuit or DSP algorithm. Integrated Circuit options for FOCUS include the M62436FP and M62437FP from Mitsubishi(R), and the NJM2184 and NJM2189 from NJRC(R). DSP implementations are readily available from AKM Semiconductor's(R) AK7712 and AK7714 platform.
TruSurround Patent to Include 48 Claims TruSurround takes advantage of the many new multi-channel audio sources for music and film soundtracks such as DVD's Dolby Digital(R) (AC-3(R)), Dolby Pro Logic(R) and Circle Surround(R). For applications where only two speakers are available, such as two speaker home theater systems, televisions and computers, TruSurround provides a means of enjoying a surround sound experience from just these two speakers. TruSurround re-mixes up to six channels of surround sound information into a two-speaker output, while retaining all of the original spatial information. The spatial cues and surround sound effects are processed using psycho acoustic techniques, such that sound appears to come from the sides of and behind the listener. General Instruments(R) has announced their intention to feature TruSurround in a new line of digital set-top boxes for production later this year. Sony(R) is using TruSurround in their Wega(R) line of televisions to provide listeners with a surround sound experience, as is Pioneer(R) in select models of DVD Players, A/V Receivers and Televisions. Thousands of computers including models from Gateway(R) and Compaq(R) have shipped with TruSurround enhanced DVD players.
TruSurround Implementation Options As with FOCUS, TruSurround may be implemented via Integrated Circuit or DSP code. ICs and DSP platforms now shipping with TruSurround include the M624XXFP, M624XYFP, M65XXXFP and M65XXYFP from Mitsubishi, the NJM2180, NJM2187, NJM2188 and NJU25018 from NJRC, the MED252078 from Medianix(R), 56007 from Motorola(R), FC9332F and TC9337F from Toshiba(R), and the MB86342B from Fujitsu(R). Demonstrations of these technologies and further information on available chip options, is available from January 7-10th at the SRS Labs Booth at CES in the Las Vegas Convention Center (#3635), or contact the global headquarters of the SRS Labs sales department at 949-442-1070. Information on additional sales offices can be found at srslabs.com.
Patent Information SRS Labs' sound technology FOCUS, that electronically repositions a sound image creating a enhanced sound field from any non-optimally located or small speakers, has been granted U.S. Patent No. 5,850,453 with twenty-two separate claims. SRS Labs has also received notification from the U.S. Patent and Trademark Office that it will be granted a patent for its multi-channel virtualization technology, TruSurround. The TruSurround patent will include forty-eight claims and cover implementations designed to process a 5-channel audio source into just two speakers, while retaining all of the original audio information and affording the listener the sensory perception that they are surrounded by additional "phantom" speakers. SRS Labs has also received notifications that a patent will be granted for the five-speaker implementation of TruSurround. SRS Labs also has multiple foreign patent applications pending for both the FOCUS and TruSurround technologies.
About SRS Labs, Inc. SRS Labs is the world's leading provider of audio and voice enhancement technology solutions. SRS Labs' business consists of licensing audio and voice enhancement technologies to manufacturers of consumer electronics, computer, gaming and telecommunications equipment; the design of custom ASICs (application specific integrated circuits) for consumer electronics, game, telecommunications and personal computer manufacturers; the distribution of components, chips and assembly systems for the China and Hong Kong markets; and the manufacturing and marketing of home theater and game products for the Asian consumer marketplace. For more information on SRS Labs' technologies, the companies worldwide licensing program or its design and manufacturing capabilities, visit the SRS Labs website at srslabs.com.
SRS, the SRS symbol, FOCUS and TruSurround are registered trademarks of SRS Labs, Inc. in the United States and selected foreign countries. All other brand names mentioned are trademarks or registered trademarks of their respective holders. Except for historical information contained herein, the matters set forth in this press release, such as the statements of Mr. Yuen in paragraph two may include forward-looking statements and projections (including statements concerning plans and objectives of management for future operations) 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 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. For example, results may be significantly affected by the ability of SRS Labs to successfully license FOCUS and TruSurround to OEMs, the ability of the Company to obtain entry into the digital consumer product arena with TruSurround, and the ability of the Company to finalize pending or expected technology licensing agreements. Additional factors which may affect results expressed in forward-looking statements include the acceptance of new products and technologies, the impact of competitive products and pricing, the timely development and release of products by suppliers and licensees of the Company, general business and economic conditions, particularly in Asia, and other risks detailed in the Company's Form 10K and Form 10Q statements filed with the SEC.
SOURCE SRS Labs, Inc. -0- 01/06/99 /CONTACT: Jennifer A. Drescher, Director of Corporate Relations of SRS Labs, Inc., 949-442-1070 Ext. 5110, jenniferd@srslabs.com/ /Web site: srslabs.com (SRSL)
CO: SRS Labs, Inc. ST: California IN: CPR SU: PDT
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