Dolby Debuts New Video Technologies at International CES 2008

At the 2008 International Consumer Electronics Show (CES), Dolby Laboratories, Inc. (NYSE:DLB), is demonstrating its new suite of high dynamic range (HDR) imaging technologies and announcing that the first to market, Dolby® Contrast, will be ready for distribution to LCD manufacturers in the first quarter of 2008. "Dolby develops technologies that elevate the entertainment experience, and our new HDR technologies continue that tradition,” said Francois Modarresse, Vice President, Marketing, Dolby Laboratories. "With Dolby HDR technologies, you see how the contrast and brightness of images displayed on LCD TVs with locally dimmed, light-emitting diode backlighting can virtually match real-world visual perceptions of depth and detail.” Dolby will be showing its HDR technologies at booth 21419 in South Hall 1, Lower Level, at the Las Vegas Convention Center. Dolby Contrast provides dramatically enhanced image contrast, enabling LCD televisions with backlight units to leverage LEDs with local dimming. The result is outstanding contrast ratios and improvements to the overall image quality. About Dolby Laboratories Dolby Laboratories (NYSE:DLB) 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 technologies, please visit www.dolby.com. Certain statements in this press release, including statements regarding the performance, features, and capabilities of Dolby Contrast and Dolby HDR technologies; the potential benefits that may be derived from Dolby Contrast and Dolby HDR technologies; the anticipated availability of Dolby Contrast in the first quarter of 2008 and the eventual availability of other Dolby HDR technologies; the potential transformation of LCD picture quality by Dolby’s HDR technologies; and the company’s continued development of technologies that elevate the entertainment experience are "forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. The following important factors, without limitation, could cause actual results to differ materially from those in the forward-looking statements: risks that Dolby Contrast and Dolby HDR technologies may not perform as anticipated or become commercially available as currently anticipated; risks associated with building market acceptance of and demand for Dolby Contrast and Dolby HDR technologies by manufacturers, content creators, and audiences; competition risks for digital and video technologies; rapid changes in technical requirements for manufacturing technologies specifically, and entertainment technologies in general; risks associated with the health of the television industry in general; risks associated with developing, maintaining, and strengthening relationships with industry participants; 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 or 10-K. 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. S08/19095 DLB-G