Dolby Unveils New CP750 Digital Cinema Processor

Dolby Laboratories, Inc. (NYSE:DLB) announced today that its latest generation cinema processor, the Dolby® CP750 Digital Cinema Processor, will be available for orders during ShoWest starting March 30, 2009.

The CP750 is designed to work within the new digital cinema environment, integrating easily with preshow servers, alternative content, and digital cinema servers.

The processor has an easy-to-use interface and powerful internal software that facilitates the setup process and can be easily programmed to manage audio settings and configurations. It can play back PCM digital, Dolby Digital, Dolby Pro Logic® Dolby Pro Logic II, Dolby Digital Surround EX™, and analog audio. In addition, the CP750 can be monitored and controlled remotely from anywhere on the theatre’s network.

“Dolby is committed to simplifying digital cinema for our customers, making it easy for exhibitors to upgrade or build a complete digital cinema environment,” said Page Haun, Senior Director of Cinema Marketing, Dolby Laboratories. “The Dolby CP750 is the heart of a theatre’s audio system. It provides the features and functionality that exhibitors need for all content played in digital cinema while also providing the reliability and fidelity that they expect from Dolby and the Dolby brand.”

The CP750 accepts up to eight PCM channels from the digital cinema server. Three additional digital inputs accept PCM or up to 5.1-channel Dolby Digital from preshow and alternative content sources. An eight-channel analog input can accept audio from existing sound processors for hybrid film/d-cinema installations. In addition, the CP750 can process a narrative soundtrack for the hearing and/or visually impaired.

By allowing the theatre’s integrator or network operation center to manage the system, the CP750 can be monitored, controlled, and upgraded from one centralized location. It also integrates easily with Dolby’s Theatre Management Software (TMS). Other capabilities include the ability for the CP750 to respond to digital input selection and volume cues within a show, to enable real-time volume control, and to recognize ASCII commands from third-party TMS controllers.

In addition to being the ideal solution for new theatres, the CP750 is the ideal choice when existing theatres convert to digital cinema, as they will avoid the expenditure of an adapter and the cost to maintain their legacy cinema processor.

Dolby will begin taking orders for the CP750 at ShoWest from March 30 to April 2, 2009, and it will be on display in Dolby’s booth, 1605.

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

Certain statements in this press release, including statements regarding the performance, features, reliability, and capabilities of the Dolby CP750 Digital Cinema Processor; the potential benefits and cost savings that studios, exhibitors, and audiences may derive from the Dolby CP750; and the anticipated market acceptance of the Dolby CP750, 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 the Dolby CP750 may not perform as anticipated; risks associated with building market acceptance of and demand for digital cinema in general, and for the Dolby CP750 in particular, by filmmakers, studios, postproduction facilities, cinema operators, and audiences; competition risks for digital theatre technologies; rapid changes in technical requirements for movie theatrical playback technologies specifically and entertainment technologies for movies in general; risks associated with developing proprietary technologies and products based on "open standards"; risks associated with the health of the motion picture 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, Pro Logic, and the double-D symbol are registered trademarks of Dolby Laboratories. Surround EX is a trademark of Dolby Laboratories. S09/21011 DLB-G

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