PacketVideo Licenses QSound Labs' microQ'TM' Technology for Their Mobile Media Software.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 -- microQ's Cutting Edge 3D Audio Technology to be Integrated into PacketVideo's Software Providing a Complete Multimedia Solution for Mobile Devices. QSound Labs QSound Labs is primarily a developer and provider of audio enhancement technologies for entertainment and communications devices and software. The company is best known as a pioneer of 3D audio effects, beginning with speaker-targeted positional 3D technology applied to arcade , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :QSND), a leading developer of audio and voice software solutions, and PacketVideo, the world's premier independent provider of multimedia communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems for mobile devices, today announced a licensing agreement for QSound's microQ MIDI Synthesizer synthesizer Machine that electronically generates and modifies sounds, frequently with the use of a digital computer, for use in the composition of electronic music and in live performance. and Q3D Q3D Quasi-Three-Dimensional Q3D Quickdraw Three Dimensional Q3D Qsound Three Dimensional positional audio components. The microQ components will be integrated into PacketVideo's multimedia products which support multiple hardware and software architectures including Symbian, Linux, ARM, and TI. Solutions incorporating the QSound components are expected to be available to customers in Q1 2005. PacketVideo offers handset OEMs customized suites of innovative embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. products that enable mobile phones to take digital pictures, record home movies, play digital music & videos and make video phone calls. PacketVideo works with carriers to define next generation services, with OEMs to design compelling consumer products, and with value chain participants such as QSound to make it all work. By becoming part of the PacketVideo ecosystem, microQ can be easily integrated into any next generation mobile device to add superior audio enhancements. "microQ is an excellent complement to our multimedia solutions," said Dr. Osama Al-Shaykh, VP Technology, PacketVideo. "We are very pleased to work with QSound to offer advanced audio and video solutions - the core of mobile media - to our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and handset customers." "By joining forces with PacketVideo, one of the world's leading multimedia providers for the mobile marketplace, we are offering our audio solutions to yet another new customer base, " said David Gallagher, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , QSound Labs. "microQ's continued adoption by an ever increasing number of leading mobile device companies is proof that it is fast becoming the audio standard for this marketplace." About microQ The microQ feature set is unmatched by any single vendor. It is a compact, hardware-independent and highly efficient software audio engine providing functions such as polyphonic The ability to play back some number of musical notes simultaneously. For example, 16-voice polyphony means a total of 16 notes, or waveforms, can be played concurrently. ringtones, video game sounds, music playback, digital effects and recording for portable applications including Internet appliances, and hand-held and mobile devices. A low-cost and flexible option for consumer electronics and mobile device manufacturers, microQ is inherently modular, scalable and portable. Its core components include a digital audio playback engine, a wavetable synthesis engine with a scalable sample set, and a multi-channel stereo mixer. Additionally, microQ offers a wide range of processes to control frequency response, dynamics and spatial enhancements, as well as full 3D positional audio. About PacketVideo PacketVideo is the number one supplier of embedded multimedia communications software for mobile phones. The company's software enables mobile phones to take digital pictures, record home movies, play back digital music and videos, and make 2-way videophone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. calls. PacketVideo leadership is demonstrated by unrivaled relationships with mobile operators, dominance in design wins, and the millions of PacketVideo-powered multimedia phones in the market. PacketVideo is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . More information can be found at http://www.pv.com. About QSound Labs, Inc. Since its inception in 1988, QSound Labs, Inc. has established itself as one of the world's leading audio technology companies. The company has developed proprietary audio solutions that include virtual surround sound See 3D audio. , positional audio and stereo enhancement for the mobile devices, consumer electronics, PC/multimedia, and Internet markets. QSound Labs' cutting-edge audio technologies create rich 3D audio environments allowing consumers to enjoy stereo surround sound from two, four or 5.1 speaker systems. The company's customer and partner roster includes Broadcom, Qualcomm, Vodafone, Toshiba, Philips, Panasonic, Sharp, Aiwa, and Electronic Arts, among others. To hear 3D audio demos and learn more about QSound, visit our web site at http://www.qsound.com. This release contains forward-looking statements within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995 concerning, among other things, integration of microQ and Q3D technologies into PacketVideo's multimedia communications software, distribution to a new customer base, and continued adoption of microQ in the mobile devices market. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could cause actual results, performance or achievements of QSound, 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 timely integration of microQ into PacketVideo's software, acceptance of microQ technology by OEMs and consumers, additional licensing arrangements, continued growth of the mobile electronics market, dependence on intellectual property, rapid technological change, competition, general economic and business conditions, and other risks detailed from time to time in QSound's periodic reports filed with the Securities and Exchange Commission. Forward-looking statements are based on the current expectations, projections and opinions of QSound's management, and QSound 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. |
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