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SRS Labs Brings Audio Expertise to Khronos Group

SANTA ANA, Calif. , Feb. 15 /PRNewswire-FirstCall/ — SRS Labs (Nasdaq: SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that it has joined the Khronos Group, and that its mobile audio solutions are now compliant with the group's popular OpenMAX and OpenSL ES Application Programming Interface (API).

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The Khronos Group is a tech industry consortium of more than 100 companies that aim to create open standard APIs that enable the authoring and playback of rich media on a wide variety of platforms and devices.

“Lasting innovation is often the result of sincere collaboration, and we are excited to contribute to the Khronos Group by lending our audio expertise,” said Allen H. Gharapetian , Vice President of Marketing for SRS Labs. “We have several powerful audio solutions, such as SRS TruMedia™, that are now OpenMAX and OpenSL ES compliant, and we're confident that their implementation will lead to the delivery of cutting edge solutions.”

TruMedia, which is a modular-based platform, provides OEMs with the capability to precisely tune the audio suite for optimal audio performance on every device, make and model. Specifically, TruMedia delivers uncompromisingly natural and immersive sound for music and movies, adding remarkable depth, detail and clarity. With SRS TruMedia, even the smallest speakers can now offer an expanded 3D sound field and increased bass response.

“We warmly welcome SRS Labs as a valued new member of the Khronos Group and their participation in creating open media standards,” said Neil Trevett , president of the Khronos Group. “The value and relevance of the specifications created by Khronos depends heavily on the insights and leadership of technology leaders.  SRS Labs will play a key role in ensuring our audio standards truly meet the needs of the industry.”

A Demonstration of SRS' audio solutions will be available at Mobile World Congress in Barcelona, Spain , at the SRS Labs meeting room, located in Hall 4, Level 7, Stand HS10.

About SRS Labs, Inc.

Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics.  Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150worldwide patents and is recognized by the industry as the foremost authority in research and application of human auditory principles. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS audio, surround sound and voice processing technologies have been included in over one billion electronic products sold worldwide including HDTVs, mobile phones, portable media devices, PCs and automotive entertainment. In fact, SRS Labs is the de-facto standard of HDTV audio processing with nine of the top ten name brand flat panel TVs featuring SRS technology. 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 U.S., China , Europe , Japan , Korea and Taiwan . For more information, visit www.srslabs.com.

Except for historical information contained in this release, statements in this release, including those by Mr. Gharapetian, 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:

Investor Relations Contact:

Michael Bingham, PR Manager

Matt Glover, Liolios Group, Inc.

949 442 5582

949-574-3860

Twitter: @SRSLabs

SOURCE SRS Labs

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