Spatializer 892725 Q2 Zahlen*** 833% Respectively Over Prior Year Comparable Quarter -*** - 500 Beiträge pro Seite

[firstecom]

Hier ist der Bericht
Spatializer Audio Laboratories, Inc. Reports Sixth Consecutive Quarter of Profitability
Revenues and Net Income Increase 80% and 833% Respectively Over Prior Year Comparable
Quarter


TUESDAY, AUGUST 01, 2000 8:30 AM
- PRNewswire

WOODLAND HILLS, Calif., Aug 1, 2000 /PRNewswire via COMTEX/ -- Spatializer Audio Laboratories, Inc.
(OTCBulletinBoard:SPAZ) today announced its sixth consecutive quarter of profitability and financial results for the
second quarter and six months ended June 30, 2000.

The company reported net income for the quarter of $112,000, $0.00 basic and diluted per share, compared with net
income of $12,000, $0.00 basic and diluted per share, in the comparable period last year, an increase of 833%. Net
income for the six months ended June 30, 2000 was $282,000, $0.01 basic and diluted per share, compared to net
income of $14,000, $0.00 basic and diluted per share, in the comparable six month period last year.

Revenues for the second quarter of fiscal 2000 were $530,000, compared to revenues of $294,000 in the second
quarter of fiscal 1999, an increase of 80%. Revenues for the six months ended June 30, 2000 were $1,036,000,
compared to revenues of $652,000 in the comparable six-month period last year.

The increase in second quarter net income resulted from greater royalty revenue in the quarter, partially offset by
increases in operating expenses resulting from accelerated sales development activity, increases in engineering
staffing and the launch of an investor relations program during the quarter.

The increase in second quarter revenues was primarily due to royalties from a major account which did not provide
revenue in the comparable quarter last year and increases in revenue derived from Spatializer N-2-2(TM). The increase
in Spatializer N-2-2 revenue was driven by an increase of more than 150% in third-party DVD player or digital signal
processor (DSP) shipments which generates per unit royalties for the Company. The increase in shipments was
moderated by lower royalty rates, compared to those earned in the quarter ended June 30, 1999 because some of the
Company`s license agreements provide for royalty rate reductions as volume milestones are achieved. As a result, the
royalty rates earned by the Company were generally 100% higher in the second quarter of 1999, when one licensee
began its initial shipments of its DSP product. Virtually all volume milestones have been achieved as of June 30, 2000,
which should result in stabilized royalty rates going forward.

"We are extremely pleased to announce our sixth consecutive quarter of profitability and our progress in achieving our
operating objectives," stated Henry R. Mandell, Chairman of the Board and CEO of Spatializer Audio Laboratories, Inc.
"During our second quarter, we saw exceptionally strong growth in licensee DVD player and DSP shipments. However,
with a volume-based royalty structure, it is difficult to make a direct comparison with the same period last year. Now
that the volume-based royalty rate has stabilized, the explosive growth of DVD and its impact on our Company will
become more apparent. Beginning in the fourth quarter 2000, we expect to see our operating results strengthened as
our newest licensees, Acer Labs, VM Labs and NJRC, begin to ship product."

Mandell continued, "Although we had anticipated that our transition to a growth mode would require certain
investments in people, research and infrastructure that could impact our profitability for a quarter or two, we have
successfully established a strong foundation without sacrificing profits. We have reinforced this foundation in many
ways. On the product side, we introduced the Spatializer DigitalFX(TM) series, which is our springboard to capturing a
substantial share of the wide array of new business opportunities generated by the digital audio revolution over the next
few years. These opportunities range from mp3 players, set-top boxes, and Internet appliances to PDAs. On the
research side, we have expanded our engineering team with talented individuals who have a passion for audio. We
have ratcheted up our sales and marketing efforts; and, with the hiring of our new public relations firm, we plan to
increase the visibility of the Spatializer brand and its technology. We also engaged the services of an investor relations
firm to promote both our accomplishments and prospects within the financial community to increase interest in our
Company. To our management team`s credit, we were able to balance these initiatives and investments to bring them
on line without sacrificing the ultimate objective of our Company: To build value for our stockholders."

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, New Japan Radio Corporation, ESS, Zoran, Motorola, C-Cube, OnChip Systems, and Acer
Laboratories Inc, and in software compatible with softMP3 players such as WinAmp and XingMP3, and in leading DSP
and Wintel platforms.

Spatializer stock is traded on the OTC Bulletin Board under the symbol: SPAZ. The company is headquartered in
Woodlands Hills, CA., and has marketing, engineering and R&D facilities in Santa Clara, CA, and Tokyo, Japan.
Further information may be obtained from Spatializer`s SEC filings, by contacting the Company`s investor relations
department toll-free at 888-825-0743 and for Media inquiries please contact Marken Communications at 408-986-0100.

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 paragraphs six and seven 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
the continued need for additional capital, 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, and other risks detailed from time to time in the Company`s periodic reports filed with the Securities
and Exchange Commission.

Notices: Spatializer is a registered trademark and N-2-2(TM) and DigitalFX(TM) are trademarks of Desper Products,
Inc. Desper Products, Inc. is a wholly owned subsidiary of Spatializer Audio Laboratories, Inc.


Nur zur Info

bye
andy

[sneake]

kannst du das mal übersetzen?spatzen stehen mit 21%im minus

[firstecom]

Spatializer hat heute Quartalszahlen gemeldet, die zumindest auf
kurze Sicht wohl keine Kursexplosion auslösen werden bzw. zunächst mal
wieder "Kaufkurse" produzieren werden.
Sind die Zahlen aber tatsächlich ein Anlaß, um grundsätzlich am Erfolg von
SPAZ zu zweifeln?

Hier zunächst nochmals die Zahlenreihen (Umsatz & Gewinn):

Umsatz (Q = Quartal; J = Jahr; M = Monate)
1999 in Tsd $
- 1Q 108 (+ 250 einmalig)
- 2Q 294
- 3Q 324
- 4Q 648
ges. J 1.374 (1.624)
2000
- 1Q 506
- 2Q 530
>6M 1.036

Gewinn
1999
- 1Q 2
- 2Q 12
- 3Q 33
- 4Q 308
ges. J 355
2000
- 1Q 171
- 2Q 112
>6M 282

1999 wurde erstmals Gewinn erwirtschaftet Genauer gesagt schrieb man in den ersten 3 Quartalen eine schwarze 0: die Verlustlöcher waren erfolgreich gestopft. Im 4.Q
1999
stiegen dann sowohl Umsatz als auch Gewinn in bisher unerreichte Höhen:
Weihnachtsgeschäft, logisch. Das erklärt auch den Abfall zum 1.Q 2000; im
Vergleich zum gleichen Quartal des Vorjahres läßt sich aber gleichwohl
eine Steigerung erkennen.

Im 2.Q 2000 sind nun Gewinn und Umsatz nur unwesentlich höher als im
Vorquartal. Das enttäuscht ein wenig, schließlich war damit zu rechnen,
daß sich in der Bilanz nun Lizenzeinnahmen von weiteren
Vertragsabschlüssen zeigen würden. Nun ist Ursachenforschung angesagt und
da erfährt man aus dem Quartalsbericht:

"The increase in shipments was moderated by lower royalty rates, compared
to those earned in the quarter ended June 30, 1999 because some of the
Company`s license agreements provide for royalty rate reductions as volume
milestones are achieved. As a result, the royalty rates earned by the
Company were generally 100% higher in the second quarter of 1999, when one
licensee began its initial shipments of its DSP product."

Gegenüber 2Q 1999 wurden also pro verkauftem Geräte mit Spaz-Technik nur
50% so hohe Gebühren kassiert wie ein Jahr zuvor, weil bei Erreichen eines
bestimmten Volumens die Lizenzgebühren vertragsgemäß gemindert wurden.
Wird das in Zukunft so weiter gehen? Nein!

"Now that the volume-based royalty rate has stabilized, the explosive
growth of DVD and its impact on our Company will become more apparent.
Beginning in the fourth quarter 2000, we expect to see our operating
results strengthened as our newest licensees, Acer Labs, VM Labs and NJRC,
begin to ship product.``

Die Lizenzgebühren pro Unit haben allgemein nun ein stabiles Niveau erreicht
(werden also nicht mehr weiter absinken), wodurch die Umsätze nun
ungebremst in dem (erfreulichen) Maße steigen können, wie (vor allem) der
DVD-Markt wächst, den Spaz zu 40% mit seinen Produkten ausrüstet. Außerdem
werden im 4.Q neue Lizenzvereinbarungen in das Ergebnis einfließen.

Erklärungsbedürftig ist auch der Gewinnrückgang im Q2 im Vergleich mit Q1
2000 nachdem doch die Umsätze leicht gestiegen sind: diese erklärt sich
insbesondere durch gestiegene operative Kosten, besondere die Aufwendungen
für´s Marketing. Hingegen konnten die Aufwendungen für Forschung im Rahmen
gehaaten werden, obwohl neue Produkte entwickelt wurde. Hier wird für die
Zukunft gearbeitet.

Langfristig sehe ich deshalb keinen Grund, an Spatializer zu zweifeln.
Wunder dauern eben etwas länger.

Aufmunternde Grüße vom Bärenjäger (dem sein ID- abhandengekommen ist),

der sich natürlich über Kommentare und möglicherweise auch Korrekturen freuen würde!

[sneake]

Danke mach weiter so.Rom wurde auch nicht an einen tag gebaut.