SANTA ANA, Calif. (Top40 Charts/ SRS Labs) SRS Labs, Inc. (NASDAQ: SRSL), officially recognized as one of America's Greatest Brands and the industry leader in surround sound, audio and voice technologies, today announced it will be the official lead sponsor of the Backstage Creations Celebrity Retreat at the Billboard
Music Awards on May 22 in Las Vegas.
Within the Backstage Creations Celebrity Retreat, SRS will be demonstrating its latest accessory, the iWOW 3D audio enhancement adaptor for iPad, iPhone and iPod, and hosting a photo booth for celebrities, media and other VIPs to take photos, which will be compiled in a commemorative photo album and given away to one lucky SRS fan through a Facebook-based sweepstakes. Anyone can enter to win by simply becoming a fan of SRS Labs on Facebook. In addition, for every new 'like' SRS gains between May 25th and June 8th, the company will make a $1 donation to MusiCares, a non-profit organization of The Recording Academy, which provides assistance for music people in their times of need.*
During the event, SRS Labs will also be donating a new Samsung 7000 series HDTV equipped with SRS' state-of-the-art TheaterSound audio technology to the charity of choice for one lucky celebrity or musician who selects a red guitar pick out of a bowl of black picks.
'Music is a cornerstone of our culture, technologies and products at SRS Labs, which makes us very passionate about supporting organizations and causes that promote the music industry and provide support for its artists,' said Allen H. Gharapetian, Senior Vice President of Marketing for SRS Labs. 'We look forward to hosting an exciting and successful backstage event at the Billboard Music Awards and to helping MusiCares continue giving back to those individuals who have contributed to the growth and history of the music industry in their time of need.'
For more information about this announcement, details regarding SRS's charitable contribution to MusiCares and how you can support the cause and enter the sweepstakes, SRS or our technologies, please contact us at [email protected] or visit us on Facebook, Twitter and YouTube.
About MusiCares
Established in 1989 by The Recording Academy, MusiCares provides a safety net of critical assistance for music people in times of need. MusiCares' services and resources cover a wide range of financial, medical and personal emergencies, and each case is treated with integrity and confidentiality. MusiCares also focuses the resources and attention of the music industry on human service issues that directly impact the health and welfare of the music community. For more information, please visit www.musicares.org.
About SRS Labs, Inc.
Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics across the four screens: TV; PC; Mobile Phones; and Automotive Entertainment Systems. Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150 worldwide patents and is recognized by the industry as the foremost authority in research and application of audio post processing technologies based on the human auditory principles. Through partnerships with leading global CE companies, semiconductor manufacturers, software developers, and content aggregators, SRS is recognized as the de facto standard in audio enhancement, surround sound, volume leveling, audio streaming, and voice processing technologies. SRS solutions have been included in over two billion electronic products sold worldwide including flat panel HDTVs, AV products, STBs, PCs, mobile phones, and automotive entertainment and telematics systems. For more information, visit www.srslabs.com.
Except for historical information contained in this release, statements in this release, including those by Mr. Gharapetian, may constitute forward-looking statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events 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 goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect the Company's actual results 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 new SRS Labs' products and technologies, the impact of competitive products and pricing, the timely development and release of technologies by the Company, general business and economic conditions, especially in Asia, and other factors detailed in the Company's Form 10-K and other periodic reports filed with the SEC. SRS Labs specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.
*See SRS Facebook page for rules.
