Dolby Laboratories Appoints See Weng Chan as New Vice President for Its China Region.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Dolby Laboratories “Dolby” redirects here. For other uses, see Dolby (disambiguation). Dolby Laboratories, Inc. (Dolby Labs) (NYSE: DLB) is a USA-based company specializing in audio compression and reproduction. , Inc. (NYSE NYSE See: New York Stock Exchange :DLB DLB Dementia with Lewy Bodies DLB Dynamic Load Balancing DLB Don't Look Back DLB Digital Lecture Board (University of Mannheim, Germany) DLB Digital Loopback DLB Downline Builder (multi-level marketing) ), announced today that See Weng Chan has joined the company as Vice President for its China region. Chan brings more than 24 years of international management experience to the organization. In his new role, Chan is responsible for leading and executing the company's strategy in the China region including marketing, sales, and business development. He will oversee the company's facilities in Shanghai and Beijing, establish and maintain contacts with the government and its agencies, and provide leadership for territorial growth throughout the region. "Dolby's audio technologies are integral ingredients in consumer electronics and PC entertainment systems, and China has emerged as an important hub for these business segments. Adding a strong leader like See Weng illustrates our commitment to this vital market," said Ramzi Haidamus, Senior Vice President and General Manager, Dolby Laboratories Licensing Corporation. "We are pleased that See Weng will be applying his extensive experience in marketing and business development to expand Dolby's presence in the region." Before joining Dolby, Chan served as Beijing-based Vice President for Axalto Smart Card Technology, a spin-off of SchlumbergerSema Technologies. Prior to Axalto, Chan worked for more than 10 years at SchlumbergerSema, culminating his business development career as Vice President of China JVs and Terminals. Before SchlumbergerSema, Chan spent 12 years with Schlumberger Technologies in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , France, China, Brunei, and Malaysia. About Dolby Laboratories Dolby Laboratories (NYSE:DLB) develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For more than four decades, Dolby has been at the forefront of defining high-quality audio and surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. in cinema, broadcast, home audio systems, cars, DVDs, headphones Head-mounted speakers. Headphones have a strap that rests on top of the head, positioning a pair of speakers over both ears. For listening to music or monitoring live performances and audio tracks, both left and right channels are required. , games, televisions, and personal computers. Based in San Francisco with European headquarters in England, the company has entertainment industry liaison offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Los Angeles, and licensing liaison offices in London, Shanghai, Beijing, Hong Kong, and Tokyo. For more information about Dolby Laboratories or Dolby technologies, please visit www.dolby.com. Certain statements in this press release, including statements regarding market expansion; Dolby's marketing efforts; China's importance in the consumer electronics and PC entertainment systems industries; and Dolby's ability to expand presence in the region, are "forward-looking statements" that are subject to risks and uncertainties. These forward-looking statements are based on management's current expectations. The following important factors, without limitation, could cause actual results to differ materially from those in the forward looking statements: the risk that demand for Dolby technologies will not grow as expected; Dolby's ability to develop, maintain, and strengthen relationships with industry participants; competitive risks; the risk that Dolby will not successfully execute on its marketing and sales efforts; and other risks detailed in Dolby's Securities and Exchange Commission filings and reports, including the risks identified under the section captioned "Risk Factors" in its latest Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . Dolby disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise. Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. S06/17692 DLB-G |
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