Xperi
Aug 31, 2017

First DTS Play-Fi Speakers with Amazon Alexa Voice Service to Be Unveiled at IFA

The Phorus PS10 Wireless Speaker, Onkyo Smart Speaker P3 and Pioneer Elite Smart Speaker F4 to begin shipping in late September/early October

CALABASAS, Calif.--(BUSINESS WIRE)-- DTS, a global leader in high-definition audio solutions and a wholly owned subsidiary of Xperi Corporation (Nasdaq: XPER) ("Xperi"), is pleased to announce the launch of the first DTS Play-Fi®-enabled wireless speakers with Amazon Alexa Voice Service (AVS). The Phorus PS10 wireless speaker ($249 MSRP) will ship in late September/early October, followed by the Onkyo Smart Speaker P3 and Pioneer Elite Smart Speaker F4.

Each speaker's built-in far-field microphone system lets customers use the Alexa Voice Service to access information, control playback, control other home automation devices, and order additional wireless multi-room speakers to build out their DTS Play-Fi-enabled wireless multi-room audio system. Advance signal processing techniques reliably capture spoken commands in noisy environments, even when the speaker is playing music, from across the room.

"Amazon Alexa is the most widely recognized and adopted voice service on the market and we are very excited to announce the first of many products with built-in, far-field Alexa capability," said Dannie Lau, general manager, DTS Play-Fi at Xperi. "By combining DTS Play-Fi with the Alexa Voice Service, these speakers extend Alexa's capabilities to more than 200 products from 23 different manufacturers, while providing compatibility with the same Alexa skills customers have grown to love."

The Phorus PS10 wireless speaker produces stunning audio quality, thanks to a built-in 30-watt Class D amplifier with DTS Sound processing, two 65mm neodymium full range transducers, and dual passive radiators for powerful bass. The PS10 supports playback of up to 24-bit/192kHz high resolution audio distributed wirelessly via DTS Play-Fi technology. The PS10 also features four hard button music station presets, allowing for easy, one touch access to a user's favorite streaming music stations.

All three products from Phorus, Onkyo and Pioneer will support the Amazon Alexa Connected Speaker APIs with a future firmware update. This will enable these products to select and control the playback of music on all DTS Play-Fi-enabled speakers throughout the home.

Music selection is easy using either your voice, the DTS Play-Fi app for smartphones and tablets, or on-device presets. When compatible DTS Play-Fi products are grouped together, music plays to the group simultaneously regardless of the selected source. Listeners can also control the DTS Play-Fi system using the Apple Watch or Android Wear.

DTS Play-Fi technology enables lossless multi-room wireless audio streaming from the world's most popular music services including Amazon Music, Deezer, iHeartRadio, Juke, KKBox, Napster, Pandora, Qobuz, QQ Music, SiriusXM, Spotify and TIDAL, thousands of Internet radio stations, as well as personal music libraries, on any supported product.

The DTS Play-Fi ecosystem features the largest collection of products in the whole-home wireless audio space, with dozens of interoperable speakers, sound bars, set-top boxes, and receivers from the top names in premium audio such as Onkyo, Pioneer and Elite, as well as Aerix, Anthem, Arcam, Autonomic, Definitive Technology, DISH TV, Integra, Fusion Research, Klipsch, MartinLogan, McIntosh, Paradigm, Phorus, Polk Audio, Rotel, Sonus faber, Soundcast, SVS Sound, THIEL Audio and Wren Sound.

For more information about DTS, please visit www.dts.com or connect with DTS on Facebook, Twitter (@DTS) and Instagram (@DTS).

About DTS, Inc.

Since 1993, DTS, a wholly owned subsidiary of Xperi Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.

About Xperi Corporation

Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD Radio, Invensas and Tessera, are dedicated to creating innovative technology solutions that enable extraordinary experiences for people around the world. Xperi's solutions are licensed by hundreds of leading global partners and have shipped in billions of products in areas including premium audio, automotive, broadcast, computational imaging, computer vision, mobile computing and communications, memory, data storage, and 3D semiconductor interconnect and packaging. For more information, please call 408-321-6000 or visit www.xperi.com.

DTS, Xperi and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi 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.

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect to the launch, features and benefits of DTS Play-Fi enabled wireless speakers with Alexa Voice Service. Material factors that may cause results to differ from the statements made include the plans or operations relating to the businesses of Xperi Corporation (the "Company"); market or industry conditions; changes in patent laws, regulation or enforcement, or other factors that might affect the Company's ability to protect or realize the value of its intellectual property; the expiration of license agreements and the cessation of related royalty income; the failure, inability or refusal of licensees to pay royalties; initiation, delays, setbacks or losses relating to the Company's intellectual property or intellectual property litigations, or invalidation or limitation of key patents; fluctuations in operating results due to the timing of new license agreements and royalties, or due to legal costs; the risk of a decline in demand for semiconductors and products utilizing our audio and imaging technologies; failure by the industry to use technologies covered by the Company's patents; the expiration of the Company's patents; the Company's ability to successfully complete and integrate acquisitions of businesses; the risk of loss of, or decreases in production orders from, customers of acquired businesses; financial and regulatory risks associated with the international nature of the Company's businesses; failure of the Company's products to achieve technological feasibility or profitability; failure to successfully commercialize the Company's products; changes in demand for the products of the Company's customers; limited opportunities to license technologies due to high concentration in applicable markets for such technologies; the impact of competing technologies on the demand for the Company's technologies; failure to realize the anticipated benefits of the Company's recent acquisition of DTS, Inc., including as a result of integrating the business of DTS; pricing trends, including the Company's ability to achieve economies of scale; the expected amount and timing of cost savings and operating synergies; and other developments in the markets in which the Company operates, as well as management's response to any of the aforementioned factors. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release.

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the Risk Factors included in the Company's recent reports on Form 10-K and Form 10-Q and other documents of the Company on file with the Securities and Exchange Commission (the "SEC"). The Company's SEC filings are available publicly on the SEC's website at www.sec.gov. Any forward-looking statements made or incorporated by reference herein are qualified in their entirety by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company or its business or operations. Except to the extent required by applicable law, the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

SOURCE: XPERI CORPORATION

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