Spatializer Audio Laboratories Inc. (OTC Bulletin Board: SPAZ) announced that Toshiba Corporation has included Spatializer N-2-2ô virtual surround sound software in its SD2300 DVD-Video player, the first from Toshiba utilizing the interactive capabilities of the NUONô processor developed by VM Labs, Inc. The Toshiba SD2300 DVD-Video player is planned to commence shipping in the third quarter of 2000. ""It is very exciting for us to have our premier surround sound software be recognized once again as the best in the market. We feel that it is truly an honor to be a part of the launch of this new technology which offers an unparalleled DVD experience,"" said Henry R. Mandell, Chairman and Chief Executive Officer of Spatializer Audio Laboratories, Inc. ""Although we have been an important feature in Toshiba's DVD player line-up for the last two years, our inclusion in their new product launch reaffirms Spatializer's technologies as the standard in digital audio enhancement. Equally exciting for us is the opportunity to showcase our software technology in devices with the interactive and gaming capability such as this NUON-based device."" ""We are most enthusiastic about the launch of our new Toshiba SD2300 DVD player. The NUON technology combined with the unsurpassed performance of Toshiba's video and audio capabilities will make for a compelling family entertainment experience, whether it be viewing DVD, listening to music or playing state-of-the-art video games. We are pleased that Spatializer N-2-2 is once again an important part of the audio package, as we believe that it adds significant value to our complete range of DVD players and to our customer's overall entertainment experience,"" said Terou Kiriyama, Senior Manager, DVD Department, Digital Media Network Company of Toshiba Corporation. Headquartered in Tokyo, Toshiba Corporation is a leader in information and communications systems, electronics components, consumer products and power systems. Among its achievements include the largest share of the world portable PC market. Toshiba's Web site is located at www.toshiba.co.jp. Spatializer Audio Laboratories, Inc. is a leading developer, licensor and marketer of next-generation technologies and software for the consumer electronics, computing and entertainment industries. The company's advanced digital 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 soft-MP3 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, California, and has marketing, engineering and R&D facilities in Santa Clara, California and Tokyo, Japan. For more information, visit www.spatializer.com. Source: Spatializer Audio Laboratories Inc.
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