Sunplus, One of Asia's Leading IC Suppliers, to Use SRS Audio Technologies in New...

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Tue Jan 8, 2008 8:03am EST

Sunplus, One of Asia's Leading IC Suppliers, to Use SRS Audio Technologies in
New Chipsets Manufactured for TV's and Portable Devices
- SRS Labs signs new deal with Sunplus, a global IC supplier, to license four
key SRS audio enhancement technologies for use in various chipsets

    SANTA ANA, Calif., Jan 8 /PRNewswire-FirstCall/ -- SRS Labs, Inc.
(Nasdaq: SRSL), a leading provider of surround sound, audio enhancement and
voice processing technologies, announced today that Sunplus Technology, one of
the largest global suppliers of integrated circuits for consumer electronics
products, has chosen SRS Labs as their audio enhancement provider.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO)
    The licensing deal with Sunplus is for use of four SRS technologies -- SRS
TruSurround XT(R), SRS TruSurround HD(TM), SRS Headphone 360(TM) and SRS
Mobile HD(TM) -- into a wide range of IC's that will be used in TV's and
portable devices from various manufacturers throughout the world. This
relationship with Sunplus allows SRS Labs a tremendous opportunity to
penetrate the portable DVD and media player markets, while further expanding
its reach with TV manufacturers.
    "We are very excited to be working with SRS Labs and to enter into this
new partnership," says Mr. Eugene Wang, the Product Marketing Director of
Sunplus. "SRS technologies provide a superior quality audio experience and are
ideally suited for a wide range of feature-rich products. Moreover, SRS
technologies can be easily implemented into our chipsets, providing a flexible
medium for our clients to integrate these enhancements into their products,
such as portable DVD players, media players and TVs. Sunplus SPV7100 is the
first state-of-the-art TV SoC single chip to have SRS technologies embedded.
We believe Sunplus' advanced audio/video multimedia capabilities combine with
SRS audio technologies to offer feature-rich, performance-driven high-audio
quality products to the market."
    Each SRS audio technology offers a variety of features and benefits
depending on the type of product it is integrated into. For example:
    For Portable Devices:
    -- SRS Headphone 360(TM) enables an accurate surround sound headphone
       experience over standard stereo headphones or earbuds. Users enjoy an
       immersive surround sound experience from surround-encoded or discrete
       multi-channel audio sources.

    -- SRS Mobile HD(TM) is a total audio enhancement solution that enables
       portable products to deliver immersive 3D audio from stereo music
       content and compelling surround sound for the exploding mobile TV
       market.


    For Televisions:
    -- SRS TruSurround XT(R), the leading virtual surround sound technology,
       processes any multichannel audio source to create a realistic surround
       sound experience over a two-speaker playback system. Users also enjoy
       maximum bass, improved dialog clarity, and the broadest listening
       "sweet spot."

    -- SRS TruSurround HD(TM) processes any multichannel audio source to
       create compelling virtual surround sound from 2.0 to 3.1 speaker
       configurations. Users also enjoy realistic clarity from high
       frequencies, maximum bass, improved dialog clarity, and the broadest
       listening "sweet spot."


    "SRS Labs is pleased to welcome Sunplus into our platform partner
program," said Ricky Wong, Regional Sales Director, Greater China Region for
SRS Labs. "Sunplus brings with them years of experience in producing
innovative IC solutions as well as a growing list of high-volume customers who
are eager to differentiate their designs using our audio processing
technologies. We look forward to working with them to provide their customers
with superior quality solutions."
    About SRS Labs, Inc.
    SRS Labs is a leader in audio signal processing for consumer electronics.
Founded in 1993, SRS Labs holds 129 worldwide patents, with another 34
pending, for advanced audio, voice and surround sound technologies that
optimize and improve the listening experience through techniques based on
research into the human auditory system. Through partnerships with leading
global manufacturers and semiconductor and software partners, over one billion
products have shipped worldwide utilizing SRS audio technologies, primarily
from one of three main technology families, SRS WOW(R), SRS TruSurround(R) and
SRS Circle Surround(R). SRS Labs audio and voice processing provides the best
possible sound from all content and in every environment including HDTVs,
mobile phones, portable media devices, A/V components, PCs and automotive
entertainment. And with 38 percent of the 58 million flat panel televisions
shipped in 2006 featuring SRS audio processing, SRS Labs is the de-facto
standard of HDTV audio processing. Additionally, SRS Labs surround sound
solutions provide the professional broadcast and recording industries with
high-performance production, back-haul, storage, and transmission capability.
SRS Labs supports manufacturers worldwide with offices in the US, China,
Europe, Japan, Korea and Taiwan. For more information, visit
www.srslabs.comhttp://www.srslabs.com
    About Sunplus
    Sunplus Group, headed by Sunplus Technology Company Limited established in
1990, is devoted in IC design for electrical consumer applications. Sunplus
offers not only IC design but also system solutions to maximize customers'
benefits by differentiating each design. Sunplus' reusable IPs such as
audio/video, microprocessor and digital signal processor technologies are
applied to numerous IC solutions for multimedia home applications and ASICs
that contributed to our quality life. Due to the expansion of business scope,
Sunplus split its BUs into several fabless IC design companies in 2006. The
LCD IC business was spun-off into Orise Technology Co., Ltd.; the Controller
&Peripheral BU was transferred into Sunplus Innovation Technology Inc.; the
Personal Entertainment BU and Advanced BU were spun-off into Sunplus mMobile
Inc.
    The parent company, Sunplus Technology, keeps working on Home
Entertainment IC solutions such as VCD/DVD, DVR, DVB, LCD TV and DTV. For more
information, please visit the Sunplus website: http://www.sunplus.com.
    Except for historical information contained in this release, statements in
this release, including those by Mr. Wong, may constitute forward-looking
statements regarding our assumptions, projections, expectations, targets,
intentions or beliefs about future events 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
goals and strategy will be realized. Numerous factors, including risks and
uncertainties, 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. Some of these factors include the acceptance
of new SRS Labs' products and technologies, the impact of competitive products
and pricing, the timely development and release of technologies by the
Company, general business and economic conditions, especially in Asia, and
other factors detailed in the Company's Form 10-K and other periodic reports
filed with the SEC. SRS Labs specifically disclaims any obligation to update
or revise any forward-looking statement whether as a result of new
information, future developments or otherwise.
     SRS Labs, Inc., Contact:                Press Contact:
     Cyndee Pelino, Marketing Manager       Jim Noyd, Noyd Communications Inc.
     949-442-5518                           310-374-8100
     cyndeep@srslabs.com                    jim.noyd@noydcom.com

SOURCE  SRS Labs, Inc.

Cyndee Pelino, Marketing Manager of SRS Labs, Inc., +1-949-442-5518,
cyndeep@srslabs.com; or, media, Jim Noyd of Noyd Communications Inc.,
+1-310-374-8100, jim.noyd@noydcom.com, for SRS Labs, Inc.
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