JVC Partners with SRS to Introduce Soundbars with Advanced Audio Technology Solution

SRS StudioSound HD Delivers an Immersive Surround Sound Experience, Eliminates Volume Fluctuations and Improves Dialog Intelligibility

SANTA ANA, Calif.--()--SRS Labs, Inc. (NASDAQ: SRSL), officially recognized as one of America’s Greatest Brands and the industry leader in surround sound, audio and voice technologies, today announced that JVC, a leading technology brand for home entertainment electronics, has incorporated SRS StudioSound HD™, the industry’s most advanced all-in-one audio enhancement solution suite, within their new line of home theater soundbars.

“JVC’s brand legacy undeniably stands for performance and innovation so we are excited that JVC has decided to incorporate our flagship and highly advanced SRS StudioSound HD surround sound solution suite in their new line of soundbars,” said Allen H. Gharapetian, Vice President of Marketing for SRS Labs. “According to CEA and multiple other industry surveys, less than 30-percent of households in North America enjoy a traditional home audio set-up with 5.1 speaker systems either because of the associated expense or a lack of space, not to mention the visual clutter of having wires and speakers everywhere. That’s what makes soundbars so appealing – they are compact, affordable, and are specifically designed to take advantage of today’s plethora of multichannel content to deliver a compelling surround sound experience, much to the delight of consumers everywhere.”

SRS StudioSound HD is a highly advanced, comprehensive front-rendered surround sound solution suite intended to solve the most common consumer listening complaints, including inconsistent volume levels, unintelligible vocals, and poor, dimension-less sound. SRS StudioSound HD automatically detects and levels abrupt volume fluctuations that normally occur when programming switches to commercial breaks or while changing channels. It also intelligently separates vocals from all other content and dynamically adjusts the dialog level to ensure that it’s always clearly understood. Additionally, StudioSound HD delivers an immersive front-rendered surround sound experience, which significantly enhances the depth and dimension of audio and further improves accuracy of surround sound rendered from multi-channel and stereo sources.

“At JVC, we take great pride in developing high quality, innovative products and, therefore, we are thrilled to announce that our new line of home theater soundbars feature SRS StudioSound HD,” said Kiyomi Okano, Group Leader of JVC’s Development Group. “We chose to implement SRS StudioSound HD not only to give our soundbars an edge over the competition, but to ensure consumers receive the most compelling and engaging audio entertainment experience, one that would leave them amazed after every use.”

Designed to effectively deliver a premium home theater-like experience right out of the box, JVC’s new line of SRS StudioSound HD-equipped soundbar models TH-BC1, -BC2 and -BC3 are now available at various retailers in North America and Japan.

For more information about SRS Labs, its technologies or this announcement, please contact us at pr@srslabs.com.

About SRS Labs, Inc.

Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics across the four screens: TV; PC; Mobile Phones; and Automotive Entertainment Systems. 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, software developers, and content aggregators, SRS is recognized as the de facto standard in audio enhancement, surround sound, volume leveling, audio streaming, and voice processing technologies. SRS solutions have been included in over two billion electronic products sold worldwide including flat panel HDTVs, AV products, STBs, PCs, mobile phones, and automotive entertainment and telematics systems. For more information, visit www.srslabs.com.

About JVC U.S.A.

JVC U.S.A., headquartered in Wayne, New Jersey, is a division of JVC Americas Corp., a wholly-owned subsidiary of Victor Company of Japan Ltd. JVC distributes a complete line of video and audio equipment, including high definition displays, camcorders, home and portable audio and video equipment, and mobile entertainment products. For further product information, visit JVC's website or call 1-800-526-5308

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.

Contacts

SRS Labs, Inc.
Michael Farino, PR Specialist
949-442-5404
michaelf@srslabs.com
Twitter: @SRSLabs
or
Investor Relations Contact:
Matt Glover, Liolios Group, Inc.
949-574-3860
info@liolios.com

Release Summary

JVC has incorporated SRS StudioSound HD™, the industry’s most advanced all-in-one audio enhancement solution suite, within their new line of home theater soundbars.

Contacts

SRS Labs, Inc.
Michael Farino, PR Specialist
949-442-5404
michaelf@srslabs.com
Twitter: @SRSLabs
or
Investor Relations Contact:
Matt Glover, Liolios Group, Inc.
949-574-3860
info@liolios.com