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SRS Labs Wins 2009 SINOCES Awards for 'Best Audio Technology' and 'Best Performing Brand' in Consumer Electronics

Posted on: Friday, 10 July 2009, 10:52 CDT

SANTA ANA, Calif., July 10 /PRNewswire-FirstCall/ -- SRS Labs (Nasdaq: SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that it has been honored with two awards at the 2009 China International Consumer Electronics Show (SINOCES), within the "Best Audio Technology for Consumer Electronics" and the "Best Performing Brand in Consumer Electronics" categories, while SRS Chief Technology Officer (CTO), Alan Kraemer is a keynote speaker at this year's event.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO)

"We have a great sense of pride in what we do here at SRS, and winning two prestigious 2009 SINOCES awards further validates our achievements in delivering quality and value to both our manufacturing partners and discriminating consumers worldwide," said Allen H. Gharapetian, Vice President of Marketing for SRS Labs. "SRS Labs is constantly developing ground-breaking audio enhancement solutions, and has a reputation for its ability to engineer any device to provide the best possible, most natural audio experience."

SRS Labs received the "Best Audio Technology" award for its advanced audio solutions including, TruSurround XT, Premium Sound and WOW HD, which can be found in millions of consumer electronics worldwide, including within many products by Chinese manufacturers. SRS also won the "Best Performing Brand" award for its solutions' near universal deployment and mass adoption within consumer electronics products including flat-panel TVs, PCs, mobile phones, portable media players and other devices that are popular among Chinese consumers.

Through the rapid adoption of SRS Labs' leading CE audio solutions, the company has reaffirmed its position as the de facto standard for consumer audio solutions within a wide range of consumer electronic devices.

Additionally, CTO, Alan Kraemer traveled to Qingdao, China to represent SRS Labs as a keynote speaker during the 2009 SINOCES Consumer Electronics Forum - Industry Summit. Kraemer will be amongst the esteemed speaker company of Gary Shapiro, President of the U.S. CEA, as well as various government officials, market research firm analysts, and other highly regarded CE corporation executives.

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 150 worldwide 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 michaelb@srslabs.com info@liolios.com Twitter: @SRSLabs

SOURCE SRS Labs, Inc.

Source: PR Newswire

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