SpatializerÆ Selected By Akai Electric Co., Ltd. To Provide Virtual Surround Sound For Next Generation DVD-Video Players

SpatializerÆ N-2-2ô Virtual Surround Sound Included In Six New Products For The Global DVD-Video Player Market

26-May-00

Spatializer Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced that Akai Electric Co., Ltd. has included Spatializer N-2-2ô across Akai's new range of DVD-Video players. Akai is now shipping SpatializerÆ N-2-2 Virtual Surround Sound enabled DVD-Video 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, California and has marketing, engineering and R&D facilities in Santa Clara, California and Tokyo. Further information may be obtained from Spatializer's Web site at www.spatializer.com. Source: Spatializer Audio Laboratories, Inc.

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