Press Release
QSound Launches 3D Audio Enhancement Software, iQms2, For Microsoft's Windows Media Player 9 Series
CALGARY, CANADA - January 23, 2003: QSound Labs, Inc. (NASDAQ: QSND), a
leading supplier of audio software solutions, today announced the launch
of iQms™2, the latest addition to QSound’s iQ™ family, to coincide with
Microsoft’s launch of www.wmplugins.com as the premier resource and
catalog of enhancements for extending the Windows Media Player 9 Series
experience for Windows XP. iQms2 integrates seamlessly with Windows Media
Player 9 Series, providing a dramatically improved playback experience by
making streaming Internet audio and MP3s come alive with QSound’s
remarkable 3D audio effects.
iQms2 is based on QSound's High Definition audio library (QHD™). At the
heart of QHD is QSound’s best-selling audio expansion technology, QXpander®,
which takes the existing mono or stereo sound information and applies 3D
processing proportionately to it, resulting in two-channel stereo output
with a dramatically wider perceived sound field. iQms2 also uses QSound's
QRumble™ and QSizzle™ to restore both punch and brilliance to music,
bringing the “warmth” of analog playback to digital audio files.
"Windows Media Player gives QSound another opportunity to showcase our
audio enhancement technology," said David Gallagher, President and CEO,
QSound Labs. "We believe that iQms2 will provide Windows Media 9 Series
customers with the highest-quality Web-based digital media experience."
This release contains
forward-looking statements within the meaning of the Private Securities
Litigation Act of 1995 concerning, among other things, introduction of new
products. 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 consumer acceptance of the Company’s products, 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, dependence on intellectual property, rapid technological
change and competition, and other risks 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.