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Tuesday, 03/04/2003 7:38:36 PM

Tuesday, March 04, 2003 7:38:36 PM

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SRS WOW(TM) Technology Adds Audio Punch to New Portable Digital Audio Player From e.Digital

Tuesday March 4, 7:31 am ET

WOW Technology Rapidly Becoming Audio Standard for Digital Entertainment Products
http://biz.yahoo.com/prnews/030304/latu038_1.html

SANTA ANA, Calif., March 4 /PRNewswire-FirstCall/ -- SRS Labs, Inc. (Nasdaq: SRSL - News), a leading provider of innovative audio, voice and ASIC technology solutions, today announced that its patented WOW audio technology has been selected by e.Digital Corporation (OTC: EDIG - News) to deliver the ultimate audio experience for its premier digital audio player, the Odyssey(TM) 1000. WOW creates a natural and expansive audio experience with rich bass enhancement through Odyssey's included collapsible stereo headphones or when connected to the external speakers of a home stereo or multimedia PC system. The Odyssey 1000 is available exclusively through e.Digital at www.edigital-store.com/odyssey1000.html for $349.

According to InStat/MDR, worldwide portable digital music player unit shipments (including solid state and revolving media products) will grow from about 7.2 million in 2002 to almost 30 million in 2006. Based on e.Digital's MicroOS(TM) technology, the Odyssey 1000 plays both MP3 and Windows Media(TM) audio files and features an FM tuner and a digital voice recorder with built- in microphone.

Steve Ferguson, e.Digital's vice president of sales and marketing, said, "When designing our premier large-capacity player, the Odyssey 1000, we chose to incorporate SRS WOW audio technology because it delivers the most powerful audio experience possible in a portable entertainment product. Our customers demand the best and we are pleased to offer them the best design, the best features, and the best audio technology."

"e.Digital's new Odyssey 1000 is an example of the growing importance of delivering a high quality audio experience in portable entertainment products," said Ted Franceschi, executive vice president, marketing and sales for SRS Labs. "WOW is the ideal audio solution for this rapidly growing product segment and we are pleased to work with an innovative company such as e.Digital to deliver the ultimate in digital audio entertainment."

SRS WOW is an award-winning, patented, playback enhancement technology that improves audio dynamics and bass performance of any mono or stereo audio. It provides a stunning improvement when used with smaller speakers or headphones that are not capable of achieving a high fidelity experience, especially when the audio has been digitally compressed into formats such as MP3 and WMA. WOW is a compelling audio solution for manufacturers of mobile or portable devices, in addition to products in which speakers are located close together, such as televisions. Hardware and software products that feature WOW include mobile phones from Sharp, Microsoft's Windows® Media Player series software products, car CD receivers from Kenwood, as well as televisions from Sony and Sharp. To date, over 300 million hardware or software products have been shipped or downloaded that include the powerful WOW audio feature.

About e.Digital

e.Digital Corporation designs, licenses, brands, manufactures, and sells digital audio products and technologies. The company's trademarked digital audio players include the MXP® 100, Treo(TM) portable digital jukebox line, and Odyssey(TM) line of flash- and hard disk drive- based players. e.Digital launched WeDigMusic.com to complement its digital audio players by providing consumers with a one-stop-shop for streaming and downloading music from thousands of artists on the Web. For more information on the company, please visit www.edig.com . To shop in the e.Digital online store, please visit www.edigital-store.com .

About SRS Labs Inc.

Over the past decade, SRS Labs has become a recognized leader in the advancement of audio and voice technology. The company works with the world's top manufacturers to provide a richer entertainment experience through patented sound techniques. SRS technologies can be heard through products ranging from televisions, DVD players, and cell phones to car audio systems and computers. Through its SRSWOWcast subsidiary, the company offers hardware and software tools to professionals and consumers for the production of content featuring SRS technologies. SRS Labs' wholly owned subsidiary, ValenceTech, is located in Hong Kong and provides custom ASICs and standard ICs to top manufacturers worldwide. Based in Santa Ana, Calif., the company also has licensing representation in Hong Kong, Japan, Europe, and Korea. For more information about SRS Labs, Inc. or SRS technologies, please visit www.srslabs.com . The information on the above-referenced websites is not incorporated by reference into this press release.

For further information, please contact: Investors, Tami Yanito of SRS Labs, Inc., +1-949-442-1070, ext. 3093, tami@srslabs.com

Source: SRS Labs, Inc.

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