Studio One Media & ON Semiconductor to Jointly Develop Audio Solutions That Deliver Unprecedented Performance for Consumer & ...
01 Avril 2014 - 10:44PM
Business Wire
Studio One’s groundbreaking audio technology
and ON Semiconductor’s expertise in audio digital signal processors
(DSP) expected to bring the AfterMaster™ experience to the point of
delivery
Studio One Media, Inc. (OTCQB:SOMD) has entered into an
agreement with ON Semiconductor (Nasdaq: ONNN) to develop
integrated circuits (ICs) utilizing Studio One’s award-winning
AfterMaster™ audio technology and ON Semiconductor’s DSP product
development expertise.
The devices are expected to offer an unprecedented level of
audio clarity, depth and loudness for consumer electronic devices
such as headphones, televisions, sound bars, computers, home and
car stereos, tablets and mobile phones. It is expected that the
audio ICs will also be used in a broad number of industrial
applications, including business phone systems, police and military
radios, intercom systems and many other product categories.
“Our agreement with ON Semiconductor is a significant milestone
for AfterMaster, as it will expedite the introduction of our
technology in consumer electronics products,” said Larry Ryckman,
president and CEO of AfterMaster HD Audio Labs, Inc. “ICs embedded
with AfterMaster audio technology can offer consumer hardware
manufacturers a true breakthrough technology that will deliver
markedly superior quality over any other audio technology available
in the marketplace.”
“Working with Studio One creates an exciting opportunity for ON
Semiconductor to further expand our industry-leading DSP offerings
to consumer electronics OEMs,” said Robert Klosterboer, senior vice
president and general manager of the Applications Product Group at
ON Semiconductor. “Consumers continue to seek higher quality audio
experiences as evidenced by the strong growth in high-end
(high-performance) audio products. Our proven expertise in
algorithm development, along with a strong portfolio of DSPs
developed specifically for the audio space, make us a good fit to
collaborate with Studio One to become a strong player in this
field.”
About AfterMaster
AfterMaster is a groundbreaking audio technology originally
developed for the mastering, re-mastering and processing of audio
through AfterMaster HD Audio Labs, Inc., a subsidiary of Studio One
Media, Inc. AfterMaster delivers an unparalleled clarity, depth and
fullness to audio recordings, while delivering a significant
increase in volume without increased distortion or loss of dynamic
range. The technology has been utilized by a number of leading
musicians seeking to create a fuller and richer sound quality than
otherwise available in digital audio. For more information, visit
http://www.aftermasterhd.com.
About Studio One Media
Studio One Media is a diversified media and technology company
with offices in Scottsdale, Arizona and Hollywood, California.
Studio One has developed and commercialized a number of award
winning, proprietary (patents issued and pending), leading-edge
audio and video technologies for professional and consumer use.
Studio One has entered into licensing agreements with Sony/ATV
Music Publishing, Universal Music Publishing Group, EMI Music
Publishing, BMG Chrysalis, and strategic relationships with
industry leaders such as Mark Burnett Productions, Guitar Center,
and Simon Cowell's “The X Factor.” For more information, visit
http://www.studioonemedia.com.
About ON Semiconductor
ON Semiconductor is driving energy efficient innovations,
empowering customers to reduce global energy use. The company
offers a comprehensive portfolio of energy efficient power and
signal management, logic, discrete and custom solutions to help
design engineers solve their unique design challenges in
automotive, communications, computing, consumer, industrial, LED
lighting, medical, military/aerospace and power supply
applications. ON Semiconductor operates a responsive,
reliable, world-class supply chain and quality program, and a
network of manufacturing facilities, sales offices and design
centers in key markets throughout North America, Europe and the
Asia Pacific regions. For more information, visit
http://www.onsemi.com.
Forward-Looking Statements
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements are based on the current expectations or
beliefs of management of Studio One Media, Inc. and are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the statement herein.
They are neither statements of historical fact nor guarantees or
assurances of future performance. Important factors that could
cause actual results to differ materially from the statements made
herein are: (1) changes in economic, business, competitive,
technological and/or regulatory factors, (2) failure to receive
stockholder approval of certain actions, if required, (3) failure
to compete in a rapidly changing marketplace, (4) failure to retain
key employees, (5) failure to raise adequate capital to support the
growth and operations of the Company, and (6) other factors
affecting the operation of the business of Studio One. More
detailed information about these and other factors that may affect
current expectations may be found in filings by Studio One as
applicable, with the Securities and Exchange Commission, including
its most recent Annual Report on Form 10-K and its Quarterly
Reports on Form 10-Q. Any forward looking statement contained in
this press release by Studio One speaks only as of the date on
which it is made. Studio One is under no obligation to, and
expressly disclaims any such obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140401006693/en/
ON SemiconductorBeth Johnston, 208-234-6738Media
RelationsBeth.Johnston@onsemi.com
Parag Agarwal, 602-244-3437Senior Director Investor
RelationsParag.Agarwal@onsemi.comorStudio One MediaJerry
Faulkner, 830-693-4400Investor
Relationsp_baron@yahoo.com
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