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DTS Announces Strategic Alliance with LG Electronics to Enable Enhanced Audio Experience in LGs Full Line of Home Entertainment Products

07/10/2014

DTS Announces Strategic Alliance with LG Electronics to Enable Enhanced Audio Experience in LGs Full Line of Home Entertainment Products Long-Term Global Agreement to Integrate LGs Connected 4K TVs, Sound Bars, AVRs, PCs and Digital Media Players with the DTS-HD Decoder

CALABASAS, Calif.--(BUSINESS WIRE)-- DTS, Inc. (Nasdaq: DTSI), a leader in immersive audio solutions and next-generation audio enhancement technologies, today announced a worldwide strategic alliance with LG Electronics to incorporate DTS premium audio technology in LGs complete lineup of home entertainment products such as connected 4K TVs, sound bars, audio-video receivers and digital media players.

Specifically, LG will incorporate the DTS-HD decoder into its products, enabling full compatibility with all DTS audio formats up to 11.1 channels and supporting DTS Digital Surround , DTS Coreless Lossless, DTS Express and DTS-HD Master Audio .

This agreement marks a significant expansion in delivering DTS premium audio to more LG products and more customers worldwide, said Jea Yoo, president, DTS Korea. We are here to fully support LGs dedication to providing their customers with products that deliver the best sound quality, and look forward to working together in bringing to market next-generation products that provide a breathtaking entertainment experience.

The DTS-HD decoder was designed from the ground up to support streaming media and over-the-top content delivered in various popular profiles of the DTS-HD codec. Additionally, the DTS-HD decoder was designed for seamless compatibility with DTS legacy audio technology formats found on physical disc media, such as DVD and Blu-ray .

Our strategic alliance with DTS ensures that our newest products will offer consumers a home entertainment experience that will sound as good as it looks, said Jeong-hwan Lee, executive vice president, LG Electronics. DTS audio technology will ensure that we are able to deliver an audio experience that exceeds the expectations consumers have of our industry-leading OLED and 4K Ultra HD TVs, digital players and audio systems.

This strategic alliance demonstrates LGs commitment to incorporating the industrys most advanced entertainment solutions, allowing them to provide their customers with products that deliver incredible entertainment values, said Brian Towne, president of Asia Pacific and executive vice president, DTS. The agreement provides LG with access to the latest advances in audio technology, enabling them to meet the ever rising consumer expectations for experiencing immersive entertainment content at home.

LG Electronics, Inc. is a $53 billion global force and technology leader in consumer electronics, home appliances and mobile communications. For more information, please visit www.lg.com.

For more information about DTS, please visit www.dts.com, or connect with DTS on Facebook and Twitter (@DTS_Inc).

About DTS, Inc.

DTS, Inc. (Nasdaq: DTSI) is a premier audio solutions provider for high-definition entertainment experiences anytime, anywhere, on any device. DTS audio solutions enable delivery and playback of clear, compelling high-definition audio, which is incorporated by hundreds of licensee customers around the world, into an array of consumer electronic devices. From a renowned legacy as a pioneer in high definition multi-channel audio, DTS became a mandatory audio format in the Blu-ray Disc standard and is now increasingly deployed in enabling digital delivery of compelling movies, music, games and other forms of digital entertainment to a growing array of network-connected consumer devices. DTS technology is in car audio systems, digital media players, DVD players, game consoles, home theaters, PCs, set-top boxes, smart phones, surround music content and every device capable of playing Blu-ray discs. Founded in 1993, DTS corporate headquarters are located in Calabasas, California. DTS also has offices in Los Gatos and Santa Ana, California, Washington, China, France, Hong Kong, Ireland, Japan, Singapore, South Korea, Taiwan and the United Kingdom. Copyright 2014, DTS, Inc. DTS, the Symbol, and DTS and the Symbol together are registered trademarks of DTS, Inc. All other trademarks are the properties of their respective owners. All rights reserved.

SOURCE: DTS, INC.

DTS-C

Global Results Communications, Inc.

Mike Kilroy and Valerie Christopherson

949-608-0276

dts@globalresultspr.com

Source: DTS, Inc.

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LINK: http://www.dts.com/corporate/press-releases/2014/10/dts-announces-stra...
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