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"We are pleased to have reached a positive resolution to our dispute and litigation with Zoran. Importantly, the settlement provides for the continued protection of consumers, DTS licensees, and DTS’ intellectual property, contributing to the healthy growth of the exciting high definition Blu-ray format. We believe that our investment in pursuing these matters was critical to support our long-term interests and those of our licensee partners, and are satisfied that the net result of the settlement will have a modestly positive impact on our financials," commented Jon Kirchner, President and CEO of DTS, Inc. "We are also pleased to announce that Zoran is once again a licensee and look forward to certifying their integrated circuits as they become available." About DTS, Inc
DTS, Inc. (NASDAQ: DTSI) is a digital technology company dedicated to delivering the ultimate entertainment experience. DTS decoders are in virtually every major brand of multi-channel surround processor, and there are hundreds of millions of DTS-licensed consumer electronics products available worldwide. A pioneer in multi-channel audio, DTS technology is in home theatre, car audio, PC and game console products, as well as DVD-Video, Blu-ray Disc and Surround Music software. Founded in 1993, DTS’ corporate headquarters are located in Agoura Hills, California with its licensing operations headquartered in Limerick, Ireland. DTS also has offices in Northern California, Washington, Canada, China, France, Hong Kong, Japan, South Korea, Taiwan and the United Kingdom. For further information, please visit www.dts.com. DTS is a registered trademark of DTS, Inc.
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