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Dolby Laboratories Completes Acquisition of BrightSide Technologies
SAN FRANCISCO, Apr 25, 2007 (BUSINESS WIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced it has completed the acquisition of BrightSide Technologies Inc., a privately held provider of high dynamic range (HDR) image technology, based in Vancouver, BC.
BrightSide is a technology company focused on enabling the capture, distribution, and display of more vibrant video on LCD TV sets, as well as front-projection and rear-projection TVs. The technology acquired through BrightSide complements Dolby's strategy of delivering innovative technology to enhance the entertainment experience.
About Dolby Laboratories
Dolby Laboratories develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For more than four decades, Dolby has been at the forefront of defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones, games, televisions, and personal computers. For more information about Dolby Laboratories or Dolby(R) technologies, please visit www.dolby.com.
Certain statements in this press release, including statements relating to Dolby's expectations concerning its ability, and Dolby's expectations concerning how BrightSide's HDR image technology complements that ability, to deliver innovative and superior technology to enhance the entertainment experience and the benefits that may be derived therefrom are "forward-looking statements" that are subject to risks and uncertainties. These forward-looking statements are based on management's current expectations, and as a result of certain risks and uncertainties actual results may differ materially from those projected. The following important factors, without limitation, could cause actual results to differ materially from those in the forward-looking statements: Dolby's ability to develop and deliver innovative technologies in response to new and growing markets in the entertainment industry, including markets using imaging technologies; Dolby's ability to expand its business into non-sound technologies, including imaging technologies; competitive risks; risks associated with integrating and operating BrightSide's business; and other risks detailed in Dolby's Securities and Exchange Commission filings and reports, including the risks identified under the section captioned "Risk Factors" in its most recent Periodic Report on Form 10-Q. Dolby disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise.
Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. S07/18248 DLB-G
SOURCE: Dolby Laboratories, Inc.
Dolby Laboratories Investor Relations Alex Hughes, 415-645-4572 firstname.lastname@example.org or Public Relations Julie Connolly, 415-645-5616 email@example.com
Copyright Business Wire 2007
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