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SRS Labs Inc

 
Hoover's Profile: SRS Labs, Inc.
(NASDAQ (GM):SRSL)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
SRS Labs, Inc.
2909 Daimler St.
Santa Ana, CA 92705
CA Tel. 949-442-1070
Toll Free 800-243-2733
Fax 949-852-1099

Type: Public
On the web: http://www.srslabs.com
Employees: 20
Employee growth: (52.4%)

SRS Labs keeps cooking up new ways to listen. The company, which made its name licensing sound technologies to chip makers, has expanded into Internet audio thanks to a deal with Microsoft based on its WOW audio enhancement technology. SRS Labs also licenses a variety of other audio, voice, and speaker technologies under such names as TruSurround and FOCUS. The company's SRSWOWcast subsidiary licenses Internet surround-sound streaming technologies. SRS Labs has transitioned from being a fabless semiconductor company to an intellectual property licensing firm. Customers in Asia -- including Samsung Electronics (28% of sales), Sony, and Toshiba -- account for 90% of sales.

Key numbers for fiscal year ending December, 2008:
Sales: $18.3M
One year growth: (2.8%)
Net income: $0.3M
Income growth: (95.0%)

Officers:
Chairman, President, and CEO: Thomas C. K. Yuen
EVP and CTO: Alan D. Kraemer
VP Marketing: Allen H. Gharapetian

Competitors:
Dolby
DTS
QSound Labs

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