Additional DTS® products and features to be
unveiled at IFA in Berlin
Hot on the heels of a string of wins at the 2022-2023 EISA
Awards, DTS will showcase several new offerings at IFA in Berlin,
bringing its award-winning hi-res wireless sound to more home
theater systems. DTS, a wholly owned subsidiary of Xperi Holding
Corporation (NASDAQ: XPER), now offers the highest range of hi-res
audio support of any whole home wireless solution. With new
products launching at IFA, DTS Play-Fi will be the only whole home
wireless solution to support 7.1.4 surround sound, which offers
more channels for a higher-caliber audio experience.
“We are excited to be partnering with leaders such as Vestel and
Philips to bring the extraordinary DTS Play-Fi sound experience to
more homes around the world,” said Dannie Lau, general manager, DTS
Play-Fi. “As we approach our 30th anniversary, DTS continues to be
the benchmark for the highest-quality sound that delivers immersive
entertainment experiences.”
IFA attendees will get the first look at Vestel’s first DTS
Play-Fi enabled TVs. Vestel is a renowned manufacturer of TVs under
several licensed brands, including Toshiba and JVC. The addition of
Play-Fi gives Vestel TVs access to leading music services, such as
Tidal and Amazon Music. Additional functions include: multi-room
audio capabilities for music and TV sound, a portable listening
experience that extends TV audio to iOS and Android mobile devices
and interoperability with more than 400 Play-Fi products from 30+
brands. Play-Fi will be made available as an OTA update in select
TV models, with new models launching soon.
In addition, DTS Play-Fi Home Theater for TVs is coming to
Philips’ award-winning OLED+937, OLED807, and PUS8807 “The One” TV
lines. DTS Play-Fi Home Theater is the first technology to provide
wireless surround sound using the TV’s built-in Wi-Fi. No dongles,
cables, or wires are needed to create an immersive sound experience
directly from the TV.
For 2022, Play-Fi Home Theater has added more ways to customize
the listening experience including:
- Using a pair of speakers as Left and Right for the front
channels, with or without a dedicated center channel, to create a
wider front soundstage
- Using the TV’s built-in speakers as a center channel for
improved imaging and dialogue clarity
- Using a stereo amplifier to drive rear surround speakers for
additional flexibility including in-wall architectural
installations
All-New DTS Play-Fi Home Theater for Speakers
The award-winning wireless surround sound technology for TVs is
coming to speakers. DTS Play-Fi Home Theater for Speakers will
power a whole new generation of products with immersive playback
support for music and movies. Users can mix-and-match soundbars and
speakers, incorporating upfiring sound elements, with subwoofers to
create wireless speaker configurations from 2.0 up to 7.2.4, a
first for any Wi-Fi based system. This technology is now available
in the new Philips Fidelio FB1 Soundbar, the FS1 Speaker, and the
FW1 Subwoofer.
Gapless Playback Arrives on DTS Play-Fi
Gapless playback is supported in the latest 8.1 release of the
DTS Play-Fi App. With the latest update, listeners can enjoy their
favorite albums without experiencing interruptions or “gaps” in
playback between tracks. High resolution, up to 24-bit/192kHz,
gapless playback is supported across available music services,
including local playback and from media servers, on compatible
devices. For more information, download the latest Play-Fi App for
Android, iOS or Kindle Fire.
DTS Play-Fi won big at the 2022-2023 EISA Awards, announced in
mid-August, with eight partner products taking home Best Product
awards, including soundbars, TVs, and speakers from Philips,
Hisense, Loewe, SVS, and TCL. Half of all TV and soundbar EISA
Award 2022-2023 winners used DTS Play-Fi as their connectivity
solution. To learn more about DTS Play-Fi, visit www.play-fi.com.
To see a full list of new DTS Play-Fi partner products coming to
market and learn more about the products recognized at the EISA
awards, visit https://xperi.com/ifa-2022/.
IMAX Enhanced, which brings the IMAX experience to home
entertainment in partnership with premium consumer electronics
manufacturers and Hollywood studios, has also grown its presence in
2022. In the first half of the year, the IMAX Enhanced ecosystem
added new certified devices from partners including TP Vision,
Vestel, LG, TCL, Sony and Hisense.
Safe Harbor Statement
This press release contains “forward-looking statements” within
the meaning of the federal securities laws, including Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on Xperi Holding Corporation’s (the “Company”)
current expectations, estimates, and projections regarding the
availability of DTS Play-Fi, DTS Play-Fi Home Theater for TVs, and
DTS Play-Fi Home Theater for Speakers in certain TV models and
other products, and the timing of such availability. In this
context, forward-looking statements often address expected future
business, financial performance and financial condition, and often
contain words such as “expect,” “anticipate,” “intend,” “plan,”
“believe,” “could,” “seek,” “see,” “will,” “may,” “would,” “might,”
“potentially,” “estimate,” “continue,” “expect,” “target,” similar
expressions or the negatives of these words or other comparable
terminology that convey uncertainty of future events or outcomes.
All forward-looking statements by their nature address matters that
involve risks and uncertainties, many of which are beyond our
control, and are not guarantees of future results. These and other
forward-looking statements are not guarantees of future results and
are subject to risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed in
any forward-looking statements. Accordingly, there are or will be
important factors that could cause actual results to differ
materially from those indicated in such statements and, therefore,
you should not place undue reliance on any such statements and
caution must be exercised in relying on forward-looking statements.
Important risk factors that may cause such a difference include,
but are not limited to: anticipated tax treatment, unforeseen
liabilities, future capital expenditures, revenue, cost savings,
expenses, earnings, economic performance, indebtedness, financial
condition, losses, future prospects, business strategies, and
expansion and growth of the Company’s businesses; the Company’s
ability to implement its business strategy; pricing trends,
including the Company’s ability to achieve economies of scale; the
ability of the Company to retain and hire key personnel;
uncertainty as to the long-term value of the Company’s common
stock; legislative, regulatory and economic developments affecting
the Company’s business; general economic and market developments
and conditions, the evolving legal, regulatory and tax regimes
under which the Company operates; unpredictability and severity of
catastrophic events, including, but not limited to, acts of
terrorism or outbreak of war or hostilities, including Russia’s
invasion of Ukraine, and natural disasters; the extent to which the
COVID-19 pandemic continues to have an adverse impact on the
Company’s business, results of operations, and financial condition
will depend on future developments, including measures taken in
response to the pandemic, which are highly uncertain; and the
impact of supply chain constraints on our customers cannot be
predicted; and the planned separation of the Company’s IP and
product businesses. These risks, as well as other risks associated
with the business, are more fully discussed in the Company’s
filings with the U.S. Securities and Exchange Commission (“SEC”),
including the Company’s most recent Quarterly Reports on Form 10-Q
and Annual Report on Form 10-K. While the list of factors presented
here is, and the list of factors presented in the Company’s filings
with the SEC are, considered representative, no such list should be
considered to be a complete statement of all potential risks and
uncertainties. Unlisted factors may present significant additional
obstacles to the realization of forward-looking statements.
Consequences of material differences in results as compared with
those anticipated in the forward-looking statements could include,
among other things, business disruption, operational problems,
financial loss, legal liability to third parties and similar risks,
any of which could have a material adverse effect on the Company’s
consolidated financial condition, results of operations, liquidity
or trading price of common stock. The Company does not assume any
obligation to publicly provide revisions or updates to any
forward-looking statements, whether as a result of new information,
future developments or otherwise, should circumstances change,
except as otherwise required by securities and other applicable
laws.
About DTS, Inc.
Since 1993, DTS has been dedicated to making the world sound
better. Through its pioneering audio solutions for mobile devices,
home theater systems, cinema and beyond, DTS provides incredibly
high-quality, immersive and engaging audio experiences to listeners
everywhere. Now, DTS is also powering imaging and sensing
technologies as well. For more information, please visit
www.dts.com.
About Xperi Holding Corporation
Xperi invents, develops, and delivers technologies that enable
extraordinary experiences. Xperi technologies, delivered via its
brands (Adeia™, DTS®, HD Radio™, IMAX® Enhanced, TiVo®), and by its
startup, Perceive, make entertainment more entertaining, and smart
devices smarter. Xperi technologies are integrated into billions of
consumer devices, media platforms, and semiconductors worldwide,
driving increased value for partners, customers and consumers.
Xperi, Adeia, DTS, IMAX Enhanced, HD Radio, Perceive, TiVo and
their respective logos are trademarks or registered trademarks of
affiliated companies of Xperi Holding Corporation in the United
States and other countries. All other company, brand and product
names may be trademarks or registered trademarks of their
respective companies.
Source: Xperi Holding Corp XPER –
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version on businesswire.com: https://www.businesswire.com/news/home/20220830005827/en/
Xperi Media: Amy Brennan, Senior Director, Corporate
Communications +1 949-518-6846 Amy.brennan@xperi.com Xperi
Investors: Jill Koval, Arbor Advisory Group IR@xperi.com
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