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Spatializer Selected by Akai Electric Co., Ltd. to Provide Virtual Surround Sound For Next Generation DVD Players PR Newswire - May 24, 2000 08:18 Jump to first matched term Spatializer N-2-2 Virtual Surround Sound Included in Six New Products For the Global DVD Player Market WOODLAND HILLS, Calif., May 24 /PRNewswire/ -- Spatializer Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced today that Akai Electric Co., Ltd. has included Spatializer N-2-2(TM) across Akai`s new range of DVD Players. Akai is now shipping Spatializer(R) N-2-2(TM) Virtual Surround Sound enabled DVD Players in four models, DV-P4500, DV-P4500K, DV-P4000 and the DV-P4000K, and has announced two additional models, the DV- P4100C and DV-P4100CK, to commence global shipments shortly. "This announcement continues a series of significant licensing arrangements for Spatializer N-2-2 over the last nine months. These design wins have made Spatializer N-2-2, what we believe is the most widely used virtual surround sound technology, by brand adoption, in the industry. That`s why Spatializer N-2-2 is emerging as the de facto standard for virtual surround sound in the DVD player market," said Henry R. Mandell, Chairman and Chief Executive Officer of Spatializer Audio Laboratories, Inc. "Akai is well respected for its quality and the global reach of its distribution. We are particularly excited about this design win because it will strengthen our brand presence worldwide, particularly in Europe and the Far East. We are very pleased to welcome Akai to our extensive family of Spatializer licensees." 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, Acer, Sharp, Sanyo, LG, Emerson, Zenith and Proton, in PC multimedia systems and peripherals from Apple, Dell, Gateway, Hewlett Packard, Sony, Fujitsu, Seiko-Epson, NEC, Micron and Labtec, in silicon from Matsushita, ESS, Zoran, Motorola, C-Cube, OnChip Systems, and Acer Laboratories Inc, and in software compatible with MP3 players such as WinAmp and XingMP3. 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 Santa Clara, Calif. and Tokyo. Further information may be obtained from Spatializer`s SEC filings, web-site (www.spatializer.com) or by contacting Spatializer Audio Laboratories Investor Relations at 1-888-825-0743. Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: Certain information in this news release, including the comments by Mr. Mandell in paragraph two, are forward looking statements 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 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, dependence on product shipments of third-party licensees, competition and pricing pressures, the timing and realizable value of the MDT technology, 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), is a trademark of Desper Products, Inc. For more information contact: Kyle O`Rear, Investor Relations, 1-888-825-0743, spaz@mdcgroup.com. SOURCE Spatializer Audio Laboratories, Inc. /NOTE TO EDITORS: All Spatializer press releases are available on the Spatializer web site, www.spatializer.com./ /CONTACT: Kyle O`Rear, Investor Relations, 888-825-0743, spaz@mdcgroup.com, for Spatializer Audio Laboratories, Inc./ /Web site: http://www.spatializer.com/ |
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| aus der Diskussion: | ++++++ SPATIALIZER WKN 892725 --> Spazen helfen Spazen Thread +++++ |
| Autor (Datum des Eintrages): | Snare (24.05.00 14:58:59) |
| Beitrag: | 20 von 63 (ID:979722) |
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