SRS Labs, First Audio Company to Join LiMo Foundation

SANTA ANA, Calif., Feb. 15 /PRNewswire-FirstCall/ -- SRS Labs (Nasdaq: SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that it has joined the LiMo (Linux Mobile) Foundation™ to become the first sound technology company to join the ranks of the mobile industry's global consortium.

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

"We are proud to hold the distinct privilege of being the first audio company to join LiMo Foundation," said Allen H. Gharapetian, Vice President of Marketing for SRS Labs. "The mobile devices that we carry around in our pockets have dramatically changed how we interact with and consume our entertainment of choice, and we feel strongly that SRS' audio expertise will drive the mobile experience towards even greater innovation."

The LiMo Foundation provides the mobile industry with an open, consistent Mobile Linux-based handset OS, enabling the development of immersive, next-generation mobile consumer experiences. SRS has currently contributed to the Linux-based OS through the implementation of VIP+™ and TruMedia™ within several NEC mobile handsets.

"With the rise in consumer demand for deeply immersive mobile experiences, audio and voice technologies are becoming an increasingly important component in the mobile ecosystem," said Morgan Gillis, executive director, LiMo. "SRS' knowledge and expertise enable LiMo to expand its delivery of these richer, more interactive experiences."

A demonstration of SRS' LiMo audio solutions will be available at Mobile World Congress in Barcelona, Spain at the SRS Labs Pod within the LiMo booth in Hall 8, Stand B135, as well as at the SRS meeting room located in Hall 4, Level 7, Stand HS10.

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 audio post processing technologies based on the human auditory principles. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS is recognized as the de facto standard in audio enhancement, surround sound, volume leveling and voice processing technologies. SRS solutions have been included in over one billion electronic products sold worldwide including flat panel HDTVs, STBs, mobile phones, portable media devices, PCs and automotive entertainment. SRS Labs supports its partners around the globe with a network of offices in regions including the U.S., China, Europe, Japan, Korea and Taiwan. For more information, visit www.srslabs.com. Visit SRS Labs' blog at soundingoff.srslabs.com, on Facebook at www.facebook.com/srslabs or on Twitter at http://www.twitter.com/srslabs.

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.

SOURCE SRS Labs