Spatializer Audio Laboratories Inc. Launches New Licensing Initiative in China

ReignCom Ltd. Appointed Technology Marketing Representative in China



Apr 02, 2001, 01:00 ET from Spatializer Audio Laboratories Inc.

    SANTA CLARA, Calif., April 2 /PRNewswire/ -- Spatializer Audio
 Laboratories Inc. (OTC Bulletin Board:   SPAZ) today announced the appointment
 of ReignCom Ltd. as technology marketing representative in China.  ReignCom is
 a leading technical marketing and solutions provider with over twenty
 employees in offices in Hong Kong, Shenzhen, Xiamen and Beijing.  Among
 ReignCom's distribution lines are semiconductors from Cirrus Logic and
 LuxSonor.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010108/LAM025LOGO-b )
     "The Chinese market, aside from its size and potential, is transitioning
 from VCD to DVD quite rapidly," says Henry R. Mandell, chairman and chief
 executive officer of Spatializer Audio Laboratories Inc.  "We already have
 good working relationships with C-Cube and Zoran, the two largest providers of
 video decoders in the Chinese market.  Our software is already compatible with
 the two video decoder leaders in the market.  Combine that with a shift to DVD
 and a push in China for DVD player exports and this becomes the opportune time
 for us to make our move and pick up the pace of our licensing activities in
 China.  We are very pleased to be allied with an aggressive and professional
 organization such as ReignCom and we look forward to a long and mutually
 successful association."
     "We are very excited to be working with Spatializer in developing the
 Chinese market," says Joon Yang, president and chief executive officer of
 ReignCom Ltd.  "Over the past few years, we have successfully built our
 company by providing effective solutions and marketing acumen with a view
 toward long term partnerships.  Spatializer's technology and its relationships
 with the top semiconductor companies serving the Chinese market are powerful
 tools that we intend to leverage to the fullest."
 
     About Spatializer
     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, Zenith and Proton, in PC multimedia systems
 and peripherals from Apple and Labtec, in silicon from Matsushita, New Japan
 Radio Corporation, ESS, Zoran, Motorola, C-Cube, Tvia, VM Labs, LinkUp and
 Acer Laboratories Inc, and in software compatible with MP3 players such as
 WinAmp and embedded with RISC cores from MIPS Technologies.  Spatializer stock
 is traded on the OTC Bulletin Board under the symbol: SPAZ.  The company is
 headquartered in Santa Clara, CA, with marketing offices in Tokyo, Japan.
 Further information may be obtained from the company's web site,
 www.spatializer.com, Spatializer's SEC filings, and by contacting the
 company's Investor Relations Department toll-free at 888-825-0743 or by
 writing to spaz@mdcgroup.com.
 
     About ReignCom Limited
     ReignCom Ltd. is one of the leading technical marketing and solutions
 providers in Korea and Hong Kong.  ReignCom was founded in 1997 as a research
 and engineering company and developed the first VCD solution, which was
 introduced in the Chinese market in 1998.  In 1999, ReignCom launched its
 semiconductor marketing division and since then, was appointed agent for
 Cirrus Logic, Ambient, Microtune, LuxSonor and NETsilicon.
 
     Safe Harbor Act Statement Under the Private Securities Litigation Reform
 Act of 1995:  Certain information in this background news release, including
 the comments by Mssrs. Mandell and Yang in this press release are forward
 looking statements 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 financial goals
 will be realized.  Numerous uncertainties and risk factors 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.
 These uncertainties and risk factors include, but are not limited to the
 continued need for additional capital, dependence on new technology and
 intellectual property, dependence on the PC and consumer electronics
 industries, dependence on product shipments of third-party licensees,
 competition and pricing pressures, and other risks detailed from time to time
 in the company's periodic reports filed with the Securities and Exchange
 Commission.
 
     NOTE: Desper Products Inc. is a wholly owned subsidiary of Spatializer
 Audio Laboratories Inc.  Spatializer(R) is a registered trademark of Desper
 Products Inc.  All other trademarks are the property of their respective
 owners.
 
 

SOURCE Spatializer Audio Laboratories Inc.
    SANTA CLARA, Calif., April 2 /PRNewswire/ -- Spatializer Audio
 Laboratories Inc. (OTC Bulletin Board:   SPAZ) today announced the appointment
 of ReignCom Ltd. as technology marketing representative in China.  ReignCom is
 a leading technical marketing and solutions provider with over twenty
 employees in offices in Hong Kong, Shenzhen, Xiamen and Beijing.  Among
 ReignCom's distribution lines are semiconductors from Cirrus Logic and
 LuxSonor.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010108/LAM025LOGO-b )
     "The Chinese market, aside from its size and potential, is transitioning
 from VCD to DVD quite rapidly," says Henry R. Mandell, chairman and chief
 executive officer of Spatializer Audio Laboratories Inc.  "We already have
 good working relationships with C-Cube and Zoran, the two largest providers of
 video decoders in the Chinese market.  Our software is already compatible with
 the two video decoder leaders in the market.  Combine that with a shift to DVD
 and a push in China for DVD player exports and this becomes the opportune time
 for us to make our move and pick up the pace of our licensing activities in
 China.  We are very pleased to be allied with an aggressive and professional
 organization such as ReignCom and we look forward to a long and mutually
 successful association."
     "We are very excited to be working with Spatializer in developing the
 Chinese market," says Joon Yang, president and chief executive officer of
 ReignCom Ltd.  "Over the past few years, we have successfully built our
 company by providing effective solutions and marketing acumen with a view
 toward long term partnerships.  Spatializer's technology and its relationships
 with the top semiconductor companies serving the Chinese market are powerful
 tools that we intend to leverage to the fullest."
 
     About Spatializer
     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, Zenith and Proton, in PC multimedia systems
 and peripherals from Apple and Labtec, in silicon from Matsushita, New Japan
 Radio Corporation, ESS, Zoran, Motorola, C-Cube, Tvia, VM Labs, LinkUp and
 Acer Laboratories Inc, and in software compatible with MP3 players such as
 WinAmp and embedded with RISC cores from MIPS Technologies.  Spatializer stock
 is traded on the OTC Bulletin Board under the symbol: SPAZ.  The company is
 headquartered in Santa Clara, CA, with marketing offices in Tokyo, Japan.
 Further information may be obtained from the company's web site,
 www.spatializer.com, Spatializer's SEC filings, and by contacting the
 company's Investor Relations Department toll-free at 888-825-0743 or by
 writing to spaz@mdcgroup.com.
 
     About ReignCom Limited
     ReignCom Ltd. is one of the leading technical marketing and solutions
 providers in Korea and Hong Kong.  ReignCom was founded in 1997 as a research
 and engineering company and developed the first VCD solution, which was
 introduced in the Chinese market in 1998.  In 1999, ReignCom launched its
 semiconductor marketing division and since then, was appointed agent for
 Cirrus Logic, Ambient, Microtune, LuxSonor and NETsilicon.
 
     Safe Harbor Act Statement Under the Private Securities Litigation Reform
 Act of 1995:  Certain information in this background news release, including
 the comments by Mssrs. Mandell and Yang in this press release are forward
 looking statements 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 financial goals
 will be realized.  Numerous uncertainties and risk factors 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.
 These uncertainties and risk factors include, but are not limited to the
 continued need for additional capital, dependence on new technology and
 intellectual property, dependence on the PC and consumer electronics
 industries, dependence on product shipments of third-party licensees,
 competition and pricing pressures, and other risks detailed from time to time
 in the company's periodic reports filed with the Securities and Exchange
 Commission.
 
     NOTE: Desper Products Inc. is a wholly owned subsidiary of Spatializer
 Audio Laboratories Inc.  Spatializer(R) is a registered trademark of Desper
 Products Inc.  All other trademarks are the property of their respective
 owners.
 
 SOURCE  Spatializer Audio Laboratories Inc.