Dolby Highlights Industry Adoption of Its Audio Technologies at CES 2008

Dolby Digital Plus and Dolby Volume Bring Sound Technologies to
New Entertainment Products
LAS VEGAS--(Business Wire)--At this year's International Consumer Electronics Show (CES) Dolby
Laboratories, Inc. (NYSE:DLB), is showcasing a wide array of audio
technologies that power the world's most popular and innovative
entertainment products.

Key highlights include the incorporation of Dolby(R) Digital Plus
and Dolby Volume in more consumer electronics products. Also making
their first appearance under the Dolby brand will be key technologies,
such as aacPlus, gained from the recent acquisition of Coding
Technologies.

"This year's CES show is especially exciting for Dolby because
we're not only demonstrating how our audio technologies are the
perfect complement to an HD picture, but we are also showcasing an
expanded portfolio of technologies enabled by the recent acquisition
of Coding Technologies," said John Carey, Vice President, Marketing,
Dolby Laboratories.

Dolby will be showing its audio technologies at booth 21419 in
South Hall 1, Lower Level, at the Las Vegas Convention Center.

Dolby Digital Plus

Dolby Digital Plus is the next-generation audio technology for
high-definition programming and media. It is being implemented in a
wide range of consumer electronics products, including new HDTVs from
Sony(R), LG Electronics, and Philips(R) as well as the recently
launched Vudu set-top box and movie download service. It's also a key
technology in Blu-ray Disc and HD DVD players, delivering up to 7.1
channels of surround sound with better audio quality than that of
standard DVDs.

Built on Dolby Digital, the multichannel audio standard for DVD
and HD broadcasts, Dolby Digital Plus delivers a richer, more
involving experience for current and next-generation delivery formats
and playback systems, but remains fully compatible with all current
A/V receivers.

At CES 2008, Dolby is also showcasing chip designs supporting
Dolby Digital Plus for digital set-top boxes, with IC implementations
from Broadcom(R), Conexant(TM), and ST Microelectronics.

Dolby Volume

Dolby Volume is an audio-processing technology designed to allow
consumer electronics products to deliver consistent loudness from
various audio sources. Dolby is displaying product prototypes of an
Onkyo A/V receiver and an Olevia LCD HDTV (manufactured by
Syntax-Brillian) that incorporate Dolby Volume.

Dolby Volume is part of a comprehensive Dolby solution to address
loudness issues, which includes both professional solutions that aid
in setting correct audio levels prior to broadcast and device-level
solutions that aid in controlling volume inconsistencies at playback.
Dolby Volume, specifically designed for consumer electronics products,
automatically and seamlessly controls audio levels over a wide range
of devices and consumer media formats. It provides consumer
electronics manufacturers a simple and elegant option for managing
loudness control.

In addition to audio leveling, Dolby Volume offers another
benefit. Due to the nature of human hearing, many subtleties of the
content can be lost when listening at low audio levels. To address
this problem, Dolby Volume continually analyzes and modifies the audio
volume depending on both the content and the playback level, restoring
it to the way it would be perceived at the reference playback level.
The result is improved surround imaging, enhanced dialogue
intelligibility, and improved overall clarity of the audio content at
lower levels.

About Dolby Laboratories

Dolby Laboratories (NYSE:DLB) develops and delivers products and
technologies that make the entertainment experience more realistic and
immersive. For more than four decades, Dolby has been at the forefront
of defining high-quality audio and surround sound in cinema,
broadcast, home audio systems, cars, DVDs, headphones, games,
televisions, and personal computers. For more information about Dolby
Laboratories or Dolby technologies, please visit www.dolby.com.

Certain statements in this press release, including statements
regarding the performance, capabilities, and impact of Dolby Volume
and Dolby Digital Plus; the anticipated or potential benefits that
manufacturers, broadcasters, and consumers may derive from these
technologies; the timing and availability of televisions; the Vudu
set-top box and digital set-top box chip designs incorporating Dolby
Digital Plus; the timing and availability of A/V receivers,
televisions, and other consumer electronics products incorporating
Dolby Volume technology; and the demand for these technologies, are
"forward-looking statements" that are subject to risks and
uncertainties. These forward-looking statements are based on
management's current expectations. The following important factors,
without limitation, could cause actual results to differ materially
from those in the forward-looking statements: risks that Dolby Volume
and Dolby Digital Plus may not perform as anticipated; risks
associated with building market acceptance for high-definition audio
technologies in general and Dolby technologies in particular;
competition in the market for high-definition audio technologies;
rapid changes in technical requirements for high-definition audio
technologies; the development of markets for HD DVD and Blu-ray Disc,
broadcast, gaming, automotive, and portable media devices that
incorporate Dolby technologies; and other risks detailed in Dolby's
Securities and Exchange Commission filings and reports, including the
risks identified under the section captioned "Risk Factors" in its
most recent Periodic Report on Form 10-Q or 10-K. Dolby disclaims any
obligation to update information contained in these forward-looking
statements, whether as a result of new information, future events, or
otherwise.

Dolby and the double-D symbol are registered trademarks of Dolby
Laboratories. S08/19093 DLB-G

Dolby Laboratories
David Yang, 415-645-5679
dyang@dolby.com

Copyright Business Wire 2008