Press Release
QSound Labs' AudioPixT Software to Be Included On KODAK Picture CD
AudioPix will be available to Kodak Picture CD Users Starting in May
Calgary, Alberta - April 25, 2000 -- QSound Labs, Inc.
(NASDAQ: QSND), a leading developer of audio, e-commerce and multimedia
software products, announced that beginning in early May, QSound's
AudioPix multimedia software will be included on the popular Kodak Picture
CD from the Eastman Kodak Company. AudioPix, which will be distributed
free of charge on the Kodak Picture CD, will contain a link to QSound's
AudioPix Web site providing the consumer with the opportunity to upgrade
to the enhanced features of the AudioPix Plus version for only $19.95.
Kodak Picture CD is available across the country and can be ordered by
simply checking a box on the envelope provided by a Kodak Picture
Processing retailer or photofinisher. Kodak Picture CD includes the
consumer's digital pictures and a variety of built-in software tools for
photo editing, printing, web publishing and sending photos via email. The
addition of QSound's AudioPix software will allow these consumers to
easily develop their own personal multimedia presentations - creating
lasting memories with their favorite photos and MP3s. Kodak Picture CD
sales have grown significantly in the Year 2000 with over 760,000 sales
being reported in the first two months of the year, more than 30% of all
of 1999 sales.
"QSound's AudioPix software adds a new dimension to picture sharing on
Kodak Picture CD," said Margaret Jones, worldwide marketing manager, Kodak
Picture CD. "By letting people easily work with JPEG and MP3 files to
create rich media slide shows, the software is bringing 'high-tech'
features to the consumer market by making it easy to do more with
pictures."
"As a major player in the digital photography world the introduction of
AudioPix to Kodak's large contingent of digital photo users will provide
us the perfect audience for both AudioPix and AudioPix Plus," said David
Gallagher, President and CEO, QSound Labs.
About AudioPix:
AudioPix is the ultimate, easy-to-use software application that puts the
power of multimedia into the hands of everyone. AudioPix allows users to
combine MP3 sound files with digital photos and images to create personal
multimedia slideshow presentations. Completed AudioPix creations can be
played back with either RealPlayerTM or Windowsâ Media Player. For more
information about AudioPix and AudioPix Plus visit http://www.audiopix.com.
About KODAK Picture CD:
Created and co-marketed with Intel Corporation, Kodak Picture CD lets
consumers experience the benefits of digital pictures without the need for
a digital camera. When consumers drop off their traditional film to be
developed, they have the option of getting their pictures loaded onto
Kodak Picture CD, a CD-ROM that includes built-in photo-editing software
from Adobe Systems, Incorporated. Kodak Picture CD also includes built-in
software for fun picture projects such as e-mailing pictures to friends
and family and adding special effects to pictures. To date, Kodak has sold
more than 2.7 million CDs since February 1999. For more information about
Kodak Picture CD, visit www.kodak.com/go/picturecd.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995 concerning, among other things, marketing of, and opportunities for, the Company's AudioPix 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 Company's ability to carry out its business strategy and marketing plans, including availability of sufficient resources for the Company to do so timely and cost effectively, consumer acceptance of the Company's products, 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.