Press Release
QSound Labs Licenses Its QHDT Technology to Earjam.com
New Internet Music Player, Earjam IMP-™ Deluxe, Includes Exciting New Features For Greater Listening Pleasure
Calgary, Alberta - March 7, 2000 -- QSound Labs, Inc.
(NASDAQ: QSND), a leading supplier of software audio solutions announced
today that Earjam.com, a leading developer of software and services for
the Internet music market, has licensed QSound's QHD technology for their
new Earjam IMP (Internet Music Player) Deluxe software. This enhanced
product integrates QSound's latest technology - QHD: High Definition Audio
for the Internet. The Earjam IMP Deluxe will be available in March as a
$29.00 upgrade to Earjam customers.
"QSound is continuing to align itself with the most aggressive, innovative
Internet audio partners to strengthen its leadership role in this arena,"
stated David Gallagher, President, CEO, QSound Labs. "Earjam is one of
those innovative companies and we are very pleased that they have chosen
QSound's technology to enhance its pioneering IMP-Deluxe software."
"The superior audio quality of QSound's algorithms and its significant,
established presence with the major players in Internet audio, made them
the perfect choice for our new IMP-Deluxe," said David Ulmer, Earjam.com's
founder and CEO. "We're thrilled to continue to push the envelope for our
consumers' music experience, with exciting new 3D sound and environmental
effects that can simulate everything from a Night Club to a Bavarian Beer
Hall."
About QSound's QHD (High Definition Audio for the Internet):
QHD was designed specifically to enhance and improve Internet audio. It is a powerful suite of audio tools that includes several innovative QSound technologies:
- QXpander™ a proven 3D stereo sound field enhancement technology
- QVerb™ immersive room effects
- QBass™ restores low frequency energy
- QSizzle™ synthesizes and restores high-frequency
About Earjam IMP:
Earjam.com's new IMP software provides music fans with a direct connection
to the music and artists they like, while making it easy to find,
download, play and burn music off the Net. The Earjam IMP is the world's
first free universal Player/Burner that solves the problem of conflicting
music file formats, security measures and hardware standards, by
supporting all popular formats and hardware devices. Users can play MP3s,
Windows Media files, audio CDs, plus over a dozen additional formats, and
transfer their music to popular devices such as the Diamond RIO and
Creative Nomad, as well as burn CDs they can play in any standard CD
player. The Earjam IMP automatically handles all downloading, ripping,
unlocking and transcoding, without requiring any user interaction or
technical knowledge. The consumer simply selects the music they want and
sends it to the desired device.
About Earjam.com:
Founded in October 1999, by executives from the CD-recording and Internet
software application markets, Earjam.com, Inc. (www.earjam.com) is a
privately-held corporation and a leading supplier of Internet music
software and services to the online music market. Earjam.com is an active
member of SDMI, the Secure Digital Music Initiative, and DiMA, the Digital
Media Association, and is dedicated to making it easy for mainstream music
consumers to find, download, play and burn music off the Net. Earjam.com
has distribution or technology agreements with EMusic.com, INTERVU, Oak
Technology, Inc., Thomson/Fraunhofer IIS, QSound, CDDB, Microsoft
Corporation, Diamond Multimedia, Muze, Myplay.com, and Creative
Technologies, and is a member of MP3.com's and CDNow's affiliate networks.
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, including
statements made by Mr. Gallagher. 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 Company's ability to carry out
its business strategy and marketing plans, availability of sufficient
resources for the Company to timely and cost effectively carry out the
Company's business plans and strategies, 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, continued growth of the Internet, 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.