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SAN FRANCISCO—Nov 12, 2007

Dolby Executives Receive SMPTE Honors

Dr. Mark F. Davis Honored With The Samuel L. Warner Memorial Medal Award, Kevin Stec Receives SMPTE Fellowship
Dolby Laboratories, Inc. (NYSE:DLB) today announced that Dr. Mark F. Davis, Senior Research and Development Engineer, and Kevin Stec, Director, Image Technology Research, received honors from the Society of Motion Picture and Television Engineers (SMPTE) for outstanding contributions to the design and development of new technologies that improve the entertainment experience.

“It is a great honor to work with these two amazing individuals who have been so committed to the industry and our company for many years,” said Ioan Allen, Senior Vice President, Dolby Laboratories. “Their exceptional work in the field is making a huge impact on improving the overall entertainment experience around the world, and we commend them for their contributions.”

SMPTE awards the Samuel L. Warner Memorial Medal each year for contributions to sound on film. Dr. Davis has been with Dolby since 1985, and played a central role in developing Dolby® Digital (AC-3) 5.1-channel sound—thus making multichannel digital sound on film possible. He received his PhD in psychoacoustics and electrical engineering from the Massachusetts Institute of Technology.

SMPTE Fellowships are awarded to select individuals for lifetime contributions to the industry based on their achievements. Mr. Stec received the SMPTE Fellowship for his contributions in video. As a leader in Dolby’s Research and Development Group, Mr. Stec oversees the development of image processing technology for digital cinema, broadcast, and consumer entertainment applications. An industry veteran, Mr. Stec has held senior executive positions at Panasonic and DemoGraFX, acquired by Dolby in 2003. He was awarded a Technology & Engineering Emmy® Award in 2000 for advancements in video format conversion, and he holds a number of patents in the area of digital video signal processing.

SMPTE was founded in 1916 to advance theory and development in the motion imaging field and is the leading technical society for the motion imaging industry. Dr. Mark F. Davis and Kevin Stec received their honors at the 2007 SMPTE Technical Conference & Exhibition held in Brooklyn, New York.
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About Dolby Laboratories, Inc.: Dolby Laboratories (NYSE: DLB) is the global leader in technologies that are essential elements in the best entertainment experiences. Founded in 1965 and best known for high-quality audio and surround sound, Dolby creates innovations that enrich entertainment at the movies, at home, or on the go. Dolby Laboratories, Inc. Directory page Dolby Laboratories, Inc. Web Site
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