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DTS Signs Strategic Co-Marketing Agreement for the PC Market


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  Print publication without navigation Published in House and Home on , Last Modified on 2009-02-26 03:43:50 by Market Wire


AGOURA HILLS, Calif.--([ BUSINESS WIRE ])--DTS (Nasdaq:DTSI) today announced a strategic co-marketing agreement with Intel that will bring a suite of DTS Technologies to Intel's Mobile Platform. The DTS Premium Suite will bring enhanced audio playback to a range of laptop and netbook products and will significantly expand DTS' presence in the PC space.

"We are very pleased to be working with an industry leader to bring more realistic and compelling entertainment experiences to consumers. The DTS Premium Suite represents a 'best in class' audio solution for entertainment on the PC," said Jon Kirchner, President and CEO of DTS, Inc.

The DTS Premium Suite incorporates technologies such as DTS-HD Master Audio Decoder (delivers up to 7.1 channels of audio that is identical to the studio master), DTS Surround Sensation Ultra PC (delivers an incredible surround sound effect from 2 speakers or headphones), DTS Connect (converts any 5.1 digital audio stream into DTS Digital Surround), DTS Symmetry (provides an optimum balance in loudness levels between different program content), and DTS Boost (enhances the acoustic power of the target system without causing clipping or side effects in the playback).

"The PC market represents a sizable opportunity for DTS, and we are excited to be taking this substantial step in diversifying our business," concluded Kirchner.

Conference Call Information

DTS will broadcast a conference call today, Thursday, February 26, 2009, starting at 1:30 p.m. Pacific Time to discuss its fourth quarter and fiscal year ended December 31, 2008. To access the conference call, dial 800-257-7063 or 303-228-2960 (outside the U.S. and Canada). The live webcast of the call will be available from the Investor Relations section of the Company's corporate website at [ www.dts.com ]. A replay of the webcast will begin two hours after the completion of the call. An audio replay of the call will also be available to investors beginning at 3:30 p.m. Pacific Time on February 26, 2009 through March 5, 2009, by dialing 800-405-2236 or 303-590-3000 (outside the U.S. and Canada) and entering the pass code 11126458#.

About DTS, Inc

DTS, Inc. (NASDAQ: DTSI) is a digital technology company dedicated to delivering the ultimate entertainment experience. DTS decoders are in virtually every major brand of 5.1-channel surround processor, and there are hundreds of millions of DTS-licensed consumer electronics products available worldwide. A pioneer in multi-channel audio, DTS technology is in home theatre, car audio, PC and game console products, as well as DVD-Video, Blu-ray Disc and Surround Music software. Founded in 1993, DTS' corporate headquarters are located in Agoura Hills, California with its licensing operations headquartered in Limerick, Ireland. DTS also has offices in Northern California, Washington, Canada, China, France, Hong Kong, Japan, South Korea, Taiwan and the United Kingdom. For further information, please visit [ www.dts.com ]. DTS is a registered trademark of DTS, Inc.

Safe Harbor Language

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause DTS' results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties that could cause actual growth and results to differ materially are more fully described in DTS' public filings with the Securities and Exchange Commission, available at [ www.sec.gov ]. DTS does not intend to update any forward-looking statement contained in this press release to reflect events or circumstances arising after the date on which it was made hereof.


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