Looking for who said what in the sound world? Well there is no better place to find every audio related press release than 3DsoundSurge.!

``As SRS continues its expansion into new licensing markets, diversification efforts in product offering and Internet broadcasting remain on target,'' explained Tom Yuen, Chairman of SRS Labs. ``Our technologies are becoming more entrenched in mainstream consumer products and their appeal is broadening into specialty markets. As a company, we're clearly defining our areas of focus and are pleased with the progress of the Valence IPO (on schedule for 2Q '00) and our Internet broadcasting (as launched in January with SRSWOWCast.com). Similarly, we are very pleased with the expanded use of our SRS 3D Sound and would like to welcome Peavey as an esteemed licensee.''

Peavey's line of DJ Mixers have long been recognized for their engineering excellence and superior performance quality. The implementation of SRS Labs' 3D Sound adds a significant improvement and differentiator over Peavey's current products by delivering fully immersive 3D sound to the entire DJ audience. The 3D Mix is touted as having SRS Spatial Expansion used to increase the stereo ``spread'' and giving a surround sound effect that is extremely dramatic and pleasing. The 3D Mix Pro is a full featured mixer with a new graphic look and SRS 3D Sound with a dedicated collapse button for total control. Both products will be on display this week at the NAMM 2000 International Music Market trade show in Los Angeles.

``We first saw a demo on SRS 3D Sound technology in 1996,'' states Hartley Peavey, CEO and founder of Peavey Electronics. ``We liked what we heard, but waited to incorporate it into our next generation of DJ Mixers. We introduced the 3D Mix Pro at the NAMTV Show in Los Angeles, and we're already looking ahead to the future and the implementation of other SRS technologies in our broad line of professional sound products. We hope to have TruBass enhanced products by the end of the year and look forward to the vast improvements these technologies offer.''

About SRS 3D Sound

Based on the characteristics of the human hearing system, SRS differs from stereo and traditional sound expansion techniques. SRS compensates for the difference between the way the human hearing system works and the manner in which sound is recorded and transmitted by microphones and speakers. It retrieves the partial information from recordings and restores the original three-dimensional sound field. Consequently, the reproduced sound is much closer to a live performance delivering expanded audio material and immersive sound.

About Peavey Electronics

Peavey Electronics Corporation has long been a leader in the design and manufacture of music and sound equipment. Founded in 1965, and located in Meridian, MS, hometown of founder and CEO Hartley Peavey, the company employs over 2,100 people. With 33 facilities totaling over 2.5 million sq. ft. of manufacturing space, Peavey is the only U.S. company that produces every link in the audio chain. The more than 3,000 products it manufactures, including guitars, power amplifiers, microphones, drums, loudspeakers and public address systems, are distributed throughout the U. S. and over 130 countries around the world.

For more information on Peavey Electronics Corp., visit the Peavey website at www.peavey.com.

About SRS Labs, Inc.

SRS Labs is the world's leading provider of audio and voice enhancement technology solutions. SRS Labs' business consists of licensing audio and voice enhancement technologies to manufacturers of consumer electronics, computer, gaming and telecommunications equipment; the design of custom ASICs (application specific integrated circuits) for consumer electronics, game, telecommunications and personal computer manufacturers; the distribution of components, chips and assembly systems for the China and Hong Kong markets; and the manufacturing and marketing of home theater and game products for the Asian consumer marketplace.

For more inforniation on SRS Labs' technologies, the company's worldwide licensing program or its design and manufacturing capabilities, visit the SRS Labs website at http://www.srslabs.com.

SRS, and the SRS symbol are registered trademarks of SRS Labs, Inc. in the United States and selected foreign countries. All other brand names mentioned are trademarks or registered trademarks of their respective holders.

Except for historical information contained herein, certain of the statements in this release, including the statements by Thomas C.K. Yeun, includes forward-looking statements and projections (including statements concerning plans and objectives of management for future operations) that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that the Company's financial goals will be realized. Numerous factors (including risks and uncertainties) may affect the Company's anticipated timeline of events and may cause results to differ materially from those expressed in forward-looking statements made by or on behalf of the Company. Some of these factors include the acceptance of the Company's Internet and growth strategy, the acceptance of new products and technologies, the timely development and release of media content by the Company, the condition of financial markets, and general business and economic conditions, particularly in Asia.

SOURCE: SRS Labs, Inc.