SRS Labs to Host 2006 Second Quarter Results Conference Call.

SANTA ANA, Calif. -- SRS Labs, Inc. (NASDAQ:SRSL), one of the world's leading providers of audio technology solutions, today announced that it will host a conference call on Tuesday, August 8, 2006 at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the company's 2006 second quarter financial results. Prior to the conference call, the company will issue a news release relating to its financial results. The release will be disseminated over the newswire and made available in the press section of SRS Labs' website at: www.srslabs.com.

Investors can listen to the conference call live online by accessing the link on the main page of the investor section of the SRS Labs website or by using this direct link: http://phx.corporate-ir.net/playerlink.zhtml?c=97327&s=wm&e=1358565. Please log on at least 15 minutes early to register and follow the instructions to download and install any necessary audio software. For those who are unable to listen to the live web cast, a replay will be available shortly after the call. To listen to the call live via telephone, dial [phone], ask for the "SRS Labs Q2 Results Conference Call," and provide the pass code 943509. To access the taped telephone replay, dial [phone] and enter the same pass code. The telephone replay will be available until August 9 at 6:00 p.m. Pacific time.

About SRS Labs, Inc.

SRS Labs develops advanced audio and communications technology that optimizes and improves the listening experience through techniques based on the latest research into the human auditory system. With over 600 million products shipped worldwide, SRS Labs is a leader in audio. Incorporated in products ranging from HDTVs and mobile phones to PCs and automotive entertainment, SRS Labs audio and speech signal processing provides the best possible sound on every form factor and in every environment. SRS Labs surround sound solutions enable the professional broadcast and recording industries with high-performance production, back-haul, storage, and transmission capability. SRS Labs supports manufacturers worldwide with offices in the US, China, Europe, Japan, Korea and Taiwan.

Certain statements in this news release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements which may be preceded by the words "scheduled," "will," "expect" or similar words. For such statements, the company claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from the company's expectations. Important factors that could cause actual results to differ materially from those stated or implied by the company's forward-looking statements are disclosed in the company's SEC reports, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2005. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements.