3DsoundSurge Press Release: Apogee Technology, Inc. Listed on Nasdaq OTC-BB

Apogee Technology, Inc. Listed on Nasdaq OTC-BB

Company to Commercialize Patented Amplifier Technology

NORWOOD, Mass., Sept. 15 /PRNewswire/NEWSdesk -- Apogee Technology, Inc.'s (OTC Bulletin Board: APGT) application on Form 10-SB to register its Common Stock, under the Securities Exchange Act of 1934, was approved by the Securities and Exchange Commission on August 29, 2000 and its Common Stock began trading on September 12, 2000 on the NASDAQ OTC-BB under the stock symbol "APGT". The Company initiated this registration to ensure that investors have current information about the Company and to support the commercialization of its patented amplifier technology, trademarked Direct Digital Amplification (DDX(R)). DDX is a revolutionary all-digital, high efficiency amplifier technology, which enables for the first time pure digital sound reproduction in applications such as PC multimedia, MP3 playback systems, communication systems and car and home audio products.

"Our transition to the OTCBB is an important step towards meeting our goal of establishing DDX as the new amplifier standard for digital audio products. Both the Company and its shareholders will benefit from our being a fully reporting company," said Bill Edwards, Apogee's Chief Operating Officer.

The Form 10-SB registration statement indicated that the Company plans to commercialize its unique technology by licensing DDX to semiconductor and audio manufacturers as well as by developing and marketing DDX semiconductor devices and amplifier board products. The Company disclosed that it had licensed DDX technology on a non-exclusive basis to ALST Technical Excellence Center to develop integrated semiconductor products for the computer, consumer electronics, automotive and communications markets. ALST is a strategic partnership between Altec Lansing, a world leader in high performance PC speaker systems, and STMicroelectronics, a global independent semiconductor company. The Company also disclosed that it has completed engineering samples of its first semiconductor products and expects to have production quantities available by the end of the fourth quarter of this year.

DDX Technology
Existing digital audio products use analog amplifiers to amplify analog signals produced by a digital to analog converter, or a DAC. The problem with this approach is that the digital signals require conversion and analog amplifiers waste most of their power as heat. This poor efficiency means higher power supply costs and increased product size due to the need for large heat sinks to dissipate the amplifiers' wasted power. DDX eliminates the DAC by integrating this functionality into a fully digital process that directly controls high-efficiency power transistors. This approach eliminates analog noise problems and increases power efficiency by a factor of three compared with analog designs reproducing music.

Apogee Technology, Inc.
Apogee Technology, Inc. provides DDX amplifier solutions to audio manufacturers through technology licensing and the sale of semiconductor and board products. Additional information about Apogee and DDX products can be found on the company's web site at http://www.apogeeddx.com.

DDX(R) is a registered trademark of Apogee Technology, Inc. Certain statements made herein that use the words "estimate" "project" "intended" "expect" "believe" and similar expressions are intended to identify forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied. Factors that cause or contribute to such differences include, but are not limited to, the Company's limited operating history; unpredictability of operating results; inability to build market share and pressure on prices from competition in various aspects of its business; the risks of rapid growth; the Company's dependence on key personnel; uncertainty of product acceptance; inability to timely develop and introduce new technologies, products and applications; changes in the level of activity in the audio industry; changes in economic conditions; and an inability to obtain financing.

Contact:
Apogee Investor Relations +1 781-551-9450
info@apogeeddx.com
www.apogeeddx.com

SOURCE Apogee Technology, Inc.