Dolby Laboratories Appoints Eric Cohen Senior Vice President of Corporate Development

Dolby Laboratories, Inc. (NYSE:DLB) announced today that Eric Cohen has joined the company as Senior Vice President of Corporate Development. Cohen will work closely with Dolby’s management team to develop and implement corporate strategy.

“Dolby built its reputation on creating essential products and technologies that deliver high-quality digital entertainment to consumers—at the movies, at home, or on the go. As we continue to focus on innovations, Eric’s experience will be invaluable,” said Marty Jaffe, Executive Vice President, Business Affairs, Dolby Laboratories.

Cohen comes to Dolby after 30 years in investment banking and with diverse experience advising clients in strategic transactions and financings across a broad range of industries. For the past 10 years, he was a managing director and senior member of the technology investment banking team at Cowen and Company, where he headed the firm’s digital media, Internet, and new media business, and also worked with key clients across the technology industry. He founded Cowen’s digital media practice in 2001 when the sector was first emerging in the financial markets. Prior to Cowen, Cohen held the position of Managing Director at J.P. Morgan, where he helped to establish its West Coast investment banking practice, and he also worked for 13 years at Credit Suisse First Boston, helping to drive that firm’s growth throughout the 1980s.

Cohen holds a BS degree from Brown University and an MBA degree from Stanford University.

About Dolby Laboratories

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 innovations enrich entertainment at the movies, at home, or on the go. Visit www.dolby.com for more information.

Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. S08/19869 DLB-G