CONTACT: INVESTOR RELATIONS CONTACT: MEDIA RELATIONS David Castaneda Andy Marken 888-825-0743 408-986-0100 E-mail: spaz@mdcgroup.com E-mail: andy@markencom.com SPATIALIZER AUDIO LABORATORIES AND 4FRONT TECHNOLOGIES PROVIDE LINUX USERS WITH IMPROVED INTERNET AND MP3 AUDIO CAPABILITIES StreamFX Software Plug-in for XMMS Targeted to Drive Penetration of Internet Appliance and e-Commerce Channels Santa Clara, CA - November 14, 2000- Spatializer Audio Laboratories, Inc. (OTC BB:SPAZ), a leading supplier of digital and analog audio solutions, and 4Front Technologies, a leader in digital audio solutions for Linux and UNIX platforms, announced today the successful launch of StreamFX™ for Linux, a software plug-in for XMMS. XMMS is a cross platform MP3 and Multimedia player that has become the most popular audio application on Linux and now comes bundled with all popular Linux distributions, such as Corel Linux, SuSE, Mandrake, and Red Hat Linux. XMMS is also available for other UNIX operating systems like FreeBSD, Solaris, AIX, and HPUX. "We are excited to have teamed up with 4Front Technologies to bring StreamFX to the growing universe of Linux users," stated Henry R. Mandell, Chairman of the Board and Chief Executive Officer of Spatializer Audio Laboratories. "The availability of StreamFX on the Linux platform, tied to XMMS, the de facto MP3 and Multimedia player for the Linux environment, provides a very compelling audio package for the growing Internet Appliance market. We can now aggressive- ly market a turn-key enhanced audio solution for these devices, many of which rely on the Linux OS. This also gives us another product to offer in e-commerce, which we will be focusing more attention on and refining our approach to in 2001." StreamFX is one of the "Must-Have" plug-ins for XMMS, making it easier than ever for Linux users to enjoy a dramatically enhanced audio experience over the Internet. StreamFX provides rich 3D audio, enhanced bass support and support for headphone/speaker audio adjustment, adding rich, immersive audio to the already powerful XMMS player. StreamFX is available immediately and can be purchased directly from www.xmms.org and in the future from www.Spatializer.com for the special price of $10.00. "With the introduction of StreamFX for Linux, XMMS users can now experience the same Spatializer StreamFX enhancements available for WinAmp and used by global technology leaders such as Panasonic, Toshiba and Apple Computer" said Dev Mazumdar, President of 4Front Technologies. "Spatializer's StreamFX is the best sounding audio enhancement technology I have heard. We will be working closely with Spatializer Audio Laboratories to bring many more exciting Spatializer products to the Linux and the Open Sound System platforms. There is a growing market for Internet Appliances and personal electronics based on Linux and other Real-Time-Operating-Systems (RTOS) and 4Front Technologies together with Spatializer Audio Labs will be the leading providers of such technologies which will greatly enhance audio for the consumer". About StreamFX StreamFX 3-D Stereo creates a dramatic and enveloping sound experience out of any pair of regular speakers or headphones. Spatializer 3D-Stereo is a long- time favorite of both movie and sound studios in addition to numerous audio product manufacturers. Push the Space slider higher, and listen as 3D-Stereo widens and deepens the sound field to surround with audio so rich and ambient, that you'll feel like you're listening in a concert hall. Simply clicking on the "Headphones"- button generates the same equally immersive experience over headphones creating a dramatic 'out-of-head' audio experience. StreamFX Vi.B.E. produces a dynamic bass response from even the lowest-end speakers or headphones. Spatializer Vi.B.E uses proprietary technology to generate realistic bass frequencies that are unaffected by your system response. Just adjust the slider to your own preference and hear the bass come through like never before. About Spatializer Audio Laboratories, Inc. Spatializer Audio Laboratories, Inc. is a leading developer, licensor and marketer of next-generation technologies for the consumer electronics, computing and entertainment industries. The company's advanced audio technology is incorporated into consumer electronics audio, video and DVD products from global brand leaders including Toshiba, JVC, Panasonic, Hitachi, Samsung, Acer, Sharp, Sanyo, Goldstar, Emerson, Zenith and Proton, in PC multimedia systems and peripherals from Apple, Dell, Gateway, Hewlett Packard, Sony, Fujitsu, Seiko-Epson, NEC, Micron and Labtec, in silicon from Matsushita, New Japan Radio Corporation, ESS, Zoran, Motorola, C-Cube, OnChip Systems, and Acer Laboratories Inc, and in software compatible with MP3 players such as WinAmp and embedded with RISC cores from MIPS Technologies . Spatializer stock is traded on the OTC Bulletin Board under the symbol: SPAZ. The company is headquartered in Woodlands Hills, CA., with marketing, engineering and R&D facilities in Santa Clara, CA, and Tokyo, Japan. Further information may be obtained from Spatializer's SEC filings, and by contacting the Company's Investor Relations Department toll-free at 888-825-0743 or by writing to spaz@mdcgroup.com. For Media inquiries please contact Marken Communications at 408-986-0100 or by writing to Andy@MarkenCom.com. About 4Front Technologies 4Front Technologies is a privately held company with development facilities in California, Finland and Sweden. 4Front's main focus is on developing audio solutions for the UNIX and embedded Systems marketplace. 4Front's Open Sound System has become the "de-facto" audio API for UNIX and is distributed with Linux and FreeBSD kernel sources under the GNU Public License (GPL). Open Sound System has been licensed by companies like SCO, Hewlett Packard, Wind River Systems and endorsed by SUN Microsystems. The commercial version of Open Sound System sold by 4Front Technologies is also bundled in Linux distributions from Corel, Caldera, SuSE and MIZI, Holon Software and MandrakeSoft. The X Multimedia System (XMMS) project is developed under the GNU Public License (GPL) by 4Front Technologies. XMMS is a cross platform multimedia player that supports MP3, Wave, MPEG1 Video, VideoCD, Amiga MOD, MIDI, and other digital audio and video formats. It also provides MP3 streaming playback support over the Internet and provides visual graphics synchronized to sound output. It also provides complete control over GUI layout and design. XMMS has received many prestigious awards as the most popular media application on Linux from Linux Journal, Linux Magazine and SlashDot.Org. More information on XMMS is available at www.xmms.org and www.opensound.com. About Linux Linux is a free UNIX-like operating system that was originally created by Linus Torvalds with the assistance of developers from around the world. Linux is an independent POSIX implementation and includes true multitasking, virtual memory, shared libraries, demand loading, proper memory management, TCP/IP networking, and other features consistent with UNIX-type systems. Linux is developed under the GNU Public License (GPL), the source code for Linux is freely available to everyone. More information on Linux is available at www.linux.com. Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: Certain information in this news release, including the comments by Mr. Mandell in paragraph two and by Mr. Mazumdar in paragraph four are forward looking statements that are based on management's belief, as well as assumptions made by, and information currently available to management. While the company believes that its expectations are based upon reasonable assumptions, there can be no assurances that the company's financial goals will be realized. Numerous uncertainties and risk factors may affect the company's actual results and may cause results to differ materially from those expressed in forward-looking statements made by or on behalf of the company. These uncertainties and risk factors include, but are not limited to the continued need for additional capital, dependence on new technology and intellectual property, dependence on the PC and consumer electronics industries, dependence on product shipments of third-party licensees, competition and pricing pressures, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. Notices: Spatializer® is a registered trademark and N-2-2™ and DigitalFX™ Vi.B.E.™, StreamFX™, StreamFX™ for Linux, are trademarks of Desper Products, Inc.. Desper Products, Inc. is a wholly owned subsidiary of Spatializer Audio Laboratories, Inc. All other trademarks, patents and copyrights mentioned are the property of their respective owners. Copyright © 2000 Spatializer Audio Laboratories, Inc.