Press Release
InterVideo Selects QSound's Technology for
Their WinDVDT Software Application
QSurround, Which Emulates a 5.1 Sound Environment Using Just Two Speakers, Will Be Offered to InterVideo's OEMs
CALGARY, CANADA - January 17, 2001 - QSound Labs, Inc.
(NASDAQ: QSND), a leading supplier of audio software solutions, and
InterVideo, Inc., a leading provider of PC video software, today announced
that they have joined forces to offer QSound's QSurround technology as an
option to InterVideo's WinDVD™ OEM customers, re-creating full movie
theatre surround sound using only two speakers.
WinDVD has received praise from many leading trade magazines in the PC and
DVD industry for its "remarkably pure DVD audio and video" and "impressive
playback" capabilities and it is now available to OEMs with QSound's
QSurround capabilities which had previously been available only in
hardware decoding solutions.
"The ability to offer our QSurround technology to WinDVD's OEMs is
significant for two reasons," said David Gallagher, President and CEO of
QSound Labs, Inc., "First, InterVideo's leadership position in the PC DVD
software market is unrivalled and second, this agreement provides a
tremendous platform for showcasing our main competitive advantage, audio
algorithms that deliver quality solutions efficiently and effectively."
"QSurround is a great addition to WinDVD," said Tom White, Sr. Director of
Audio Product Marketing at InterVideo. "We are very pleased to be able to
offer our OEM customers 5.1 channel digital surround audio from a
2-channel speaker system."
InterVideo's WinDVD is a software-only DVD player for personal computers,
that allows users to playback DVD movies, interactive DVD titles, MPEG
audio and video, and audio CDs without the need for an expensive hardware
decoder card.
By creating 'virtual speakers' to reproduce the full sound of 5.1 audio
signals, each in its proper location, QSurround's remarkable sonic
rendering allows the enjoyment of surround-encoded material even in a
two-speaker environment. While the technology greatly improves the PC
multimedia experience, QSurround's flexible processing adds value to any
configuration. Even with full five or six-channel systems it adds depth
and dimension with specific effects tailored to each playback scenario.
QSurround is currently available in DVD players from Sharp and AIWA and in
the critically acclaimed Acoustic Edge™ Sound card from Philips.
About InterVideo, Inc. (IVI):
InterVideo is privately held, with headquarters in Fremont, and with
regional offices in Europe, Taipei, Japan and Redmond, WA. The company's
executive team is comprised of PC veterans instrumental in the formation
of the PC multimedia industry, coming from industry pioneering companies
such as NexGen, LuxSonor, Sigma designs, Chromatic Research, Conexant,
Zoran, MetaCreations and E4. IVI will release a series of products in 2000
to cover the full spectrum of advanced video and audio software in areas
including DTV, streaming video and video encoding. InterVideo's popular
DVD playback software, WinDVD, has won a number of awards worldwide. For
more information about IVI, contact InterVideo at 510/651-0888 or visit
the Web site at www.intervideo.com.
This release contains
forward-looking statements within the meaning of the Private Securities
Litigation Act of 1995 concerning, among other things, the anticipated
introduction of new products and future financial results. Investors are
cautioned that such forward-looking statements involve risk and
uncertainties, which could cause actual results, performance or
achievements of the Company, or industry results, to differ materially
from those reflected in the forward-looking statements. Such risks and
uncertainties include, but are not limited to risks associated with the
carrying out of the Company's business plans and strategies, including
availability of funds to do so timely and cost effectively,
commercialization of the Company's technologies, dependence on the
performance of third parties who have agreed to market the Company's
technologies, dependence on intellectual property, uncertainties relating
to product development and commercial introduction, rapid technological
change and competition, manufacturing uncertainties, general economic and
business conditions and other risks which may be detailed from time to
time in the Company's periodic reports filed with the Securities and
Exchange Commission. Forward-looking statements are based on the current
expectations, projections and opinions of the Company's management, and
the Company undertakes no obligation to publicly release the results of
any revisions to such forward-looking statements which may be made, for
example to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.