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QSound Labs and broadcast.com enter into Product Distribution Agreement |
| LOS ANGELES--(BUSINESS
WIRE)--April 13, 1999--Internet World -- QSound Labs, Inc. (Nasdaq:QSND - news) a leading supplier of digital and
analog audio solutions, announced it has entered into a product distribution agreement
with broadcast.com, (Nasdaq:BCST - news), the leading aggregator and
broadcaster of streaming media content on the web. Currently, QSound's iQ(TM), and QCreator(TM) software and its UltraQ(TM) hardware products are available for purchase and/or immediate download from the broadcast.com Web site. ``We are very excited to have broadcast.com offer our products on their Web site,'' said Bob McLauchlan, Director of Marketing, QSound Labs, ``as the leading audio and video broadcaster on the Internet, they will be marketing our products to the 'perfect' customer base.'' About iQ(TM) iQ is a compact 3D audio software package that automatically synthesizes a remarkable 3D stereo image from mono audio and dramatically changes current Web audio into a virtual surround sound environment. iQ is fully compatible with RealNetworks(TM) (Nasdaq:RNWK - news) RealPlayer®G2 and RealPlayerPlus(TM)G2. About QCreator(TM) Using normal Wav or AIFF mono sound files, QCreator creates dramatic audio effects by allowing the user to position sound within a 3 dimensional space -- all in an easy-to-use, affordable program. QCreator is targeted to web design professionals, radio stations, musicians and most importantly, consumers. About UltraQ(TM) UltraQ is a high-performance 3D audio component that works with any computer, stereo, VCR or television. Designed by QSound Labs it incorporates QSound's 3D Virtual Audio(TM) technology. With a simple connection between the sound source and your playback hardware, UltraQ supplies a deeper, more realistic sound experience. Providing mono-to-3D-effects or stereo-to-3D effects it is optimized for music and games furnishing high quality with low noise and distortion. About broadcast.com Broadcast.com is the leading aggregator and broadcaster of streaming media programming on the Web. With the network infrastructure and expertise to deliver and ``stream'' hundreds of live and on-demand audio and video programs over the Internet to hundreds of thousands of users. The broadcast.com Websites offer a comprehensive selection of programming including sports, talk and music radio, television, business events, full-length CD's, news, videos, commentary and full-length audio books, serving an average of 800,000 unique users per day. For more information on broadcast.com and its live and on-demand programming, visit http://www.broadcast.com. About QSound Labs, Inc. Founded in 1988, Calgary-based QSound Labs, Inc. (Nasdaq:QSND - news), is a technology company specializing in software audio applications for the Internet, PC/multimedia, Consumer Electronics and Healthcare industries. Its patented technologies provide these industries with immersive, realistic sound environments that include positional audio, stereo enhancement and virtual surround sound solutions. A key contributing factor to the success of QSound's Internet software audio products has been the development of a unique enabling technology, (QAP), a turnkey solution for the marketing and sales of any product via the Internet. For more information, visit our Web site at www.qsound.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 projected shipment dates of 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 commercialization of the Company's technologies, dependence on the performance of third parties who have licensed the Company's technologies, dependence on intellectual property, uncertainties relating to product development and commercial introduction, rapid technological change and competition, manufacturing uncertainties 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.
Contact: QSound Labs, Inc.
Paula Murray, 954/796-8798
954/796-9312 (FAX)
paula.murray@qsound.com
http://www.qsound.com
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