Spatializer Adds Mitsubishi To Licensee Roster

Spatializer Audio Laboratories has announced that Mitsubishi has incorporated Spatializer 3-D stereo technology into its revolutionary new model MDT151X, a 15-inch LCD multimedia monitor. This design win represents both the first license of Spatializer technology by Mitsubishi and the first incorporation of the AN7399 chip which Spatializer announced a few months ago.The MDT151X is a multimedia display with a built-in television tuner in a separate multimedia box, which has input facilities for two video sources such as DVD player and VCR. The box comes with USB interface connectors and analog RGB socket with a single digital interface cable for connection with the display. The display itself is a 15-inch color TFT of XGA resolution and it is only 1 and 1/16 inches thick for easy mounting on the wall, for example. The MDT151X was put on sale in Japan at Y148,000 (about $1,400) in the first week of November.""We proudly welcome Mitsubishi onto our distinguished list of world class licensees,"" stated Henry R. Mandell, Spatializer's interim CEO. ""Further, we are delighted that they are leading the way as the first user of the new AN7399 3-D stereo chip which we announced a few months ago.""Mr. Daisuke Umeno, Manager, Engineering SEC. -B, Display Monitor Engineering Dept., of Mitsubishi Image & Information Systems Works commented, ""We were seeking the finest 3-D audio solution to incorporate into our trend-setting LCD monitor/TV. We evaluated several competitive solutions and concluded that the Spatializer technology and the AN7399 chip clearly provided the combination of superior audio performance and value that we desire for our customers. Spatializer 3-D stereo is certainly the optimal audio solution worthy of this revolutionary device.""Mr. Mandell concluded, ""We are very excited about Mitsubishi's terrific new product and are grateful that they saw fit to have looked beyond their existing licensors of audio solutions to select Spatializer. We intend to make the most of this opportunity to demonstrate that our suite of audio technologies will help provide Mitsubishi the finest and most impressive listening experience for their customers, bar none.""About Spatializer Audio LaboratoriesSpatializer 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, Sanyo, Goldstar, Emerson, Zenith and Proton and in PC multimedia systems and peripherals from Apple, Dell, Gateway, Hewlett Packard, Sony, Fujitsu, Seiko-Epson, NEC, Micron and Labtec.About Mitsubishi Electric CorporationHeadquartered in Tokyo, Mitsubishi Electric Corporation is a leader in information and communications systems, electronics components, consumer products and power systems. Among its newly developed products, the Diamond Vision and Display Monitors enjoy one of the top leader's positions in the world market. Mitsubishi Electric's World Wide Web site is located at http://www.mitsubishi.com.

Source: Spatializer Audio Laboratories, Inc.Web Site: http://www.spatializer.com