NBC’s Broadcast of the 2006 Torino Winter Games to be Infused with Dolby Digital Surround Sound

NBC to deliver games to US with Dolby Digital 5.1 and Dolby E

San Francisco, January 11, 2006—Dolby Laboratories (NYSE: DLB) today announced that NBC and Universal HD plan to broadcast the Torino Olympic Winter Games in February 2006 in HDTV and Dolby Digital 5.1 surround sound throughout the US. NBC will use Dolby E technology to transport the multichannel audio signal from Torino to its New York and Los Angeles broadcast centers. Millions of US viewers with HDTV receivers and Dolby Digital 5.1 audio systems will experience the full excitement of the games as if they were sitting in the front row.

Dolby has long been a supporter of NBC’s broadcasts of the Summer and Winter Games. For the coming games, Dolby will provide multiple encoders and decoders for NBC’s use at individual venues, at the International Broadcast Centre in Torino, and at NBC’s US broadcast centers. A Dolby engineer will be on-site in Italy to support the equipment installation and to provide expertise in multichannel audio mixing and encoding throughout the events.

“Dolby Digital 5.1 with the high-definition video will provide our HDTV viewers with the most dramatic broadcast experience possible,” said Dave Mazza, Senior Vice President, Engineering, NBC Olympics. “We also really appreciate the support we get from Dolby to make sure things sound the best they can and run smoothly throughout the entire production.”

“From the drama of the Opening Ceremony to the grinding of skates on the ice, Dolby Digital 5.1 will allow viewers to feel close to the action in Italy, even while sitting at home in their living rooms,” said Tom Daily, Marketing Director, Dolby Laboratories.

NBC will broadcast all events produced in high-definition video with Dolby Digital 5.1. These events include the Opening and Closing Ceremonies, figure skating, speed skating, ice hockey, ski jumping, aerials, freestyle skiing, and much more. These events will be produced with 5.1 channels of audio at the venue. Engineers then will encode the program into Dolby E for transmission from Torino to the US. NBC HDTV affiliates throughout the country will receive the multichannel audio signal from the network and perform the final encoding into Dolby Digital 5.1 for broadcast to viewers.

The Dolby Digital 5.1 audio will also be available on the Universal HD cable network. Viewers of NBC’s standard analog service, as well as of the cable networks USA, MSNBC, and CNBC, will also enjoy surround sound in the Dolby Pro Logic® II format.

Dolby Digital delivers mono, stereo, or up to 5.1 discrete channels of surround sound: Left, Center, Right, Left Surround, Right Surround, and Low-Frequency Effects (LFE). Dolby Digital is the audio standard for North American digital television and digital cable systems. It is an optional audio format for most digital video broadcast (DVB) applications worldwide, including North American DBS systems. Dolby E is a compression technology designed for network distribution of up to eight channels of audio, plus metadata, in the space of two traditional audio channels.

About NBC Olympics
NBC, “America's Olympic Network,” owns the exclusive US media rights to the Olympic Games, television’s most powerful property, through 2012, which includes Torino, Italy in 2006, Beijing in 2008, Vancouver in 2010, and London in 2012. This February, NBC Universal will present the 2006 Olympic Winter Games from Torino, Italy (February 10–26, 2006). In August 2004, 203 million viewers watched as the networks of NBC Universal—NBC, MSNBC, CNBC, USA, Bravo, Telemundo, and NBC’s HD affiliates—offered a record 1,210 hours of Olympic coverage from Athens. In February 2002, 187 million watched the Salt Lake Olympic Games on NBC, MSNBC, and CNBC. For additional information, log on to NBCOlympics.com, the Internet's preeminent source for Olympic results, video, photos, news, and athlete profiles through the Torino games. NBCOlympics.com will be the only site in the United States featuring competition video of complete runs and routines, real-time results and medal counts for every event, an interactive television viewing guide, and comprehensive, multimedia profiles on every US Olympian.

About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For four decades Dolby has been at the forefront of defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones, games, televisions, and personal computers. Based in San Francisco with European headquarters in England, the company has entertainment industry liaison offices in New York and Los Angeles, and licensing liaison offices in London, Shanghai, Beijing, Hong Kong, and Tokyo. For more information about Dolby Laboratories or Dolby technologies, please visit http://www.dolby.com.

Certain statements in this press release, including statements regarding the performance, capabilities, and impact of Dolby Digital 5.1, Dolby E, and Dolby Pro Logic II, as well as high-definition video, the potential benefits that Dolby customers, including broadcasters and audiences, may derive from these products and technologies, and the availability and quality of the broadcast of the 2006 Torino Olympic Winter Games using Dolby technologies, 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 could cause actual results to differ materially from those in the forward-looking statements: the risk of difficulties or errors in the installation, production, and broadcast of the events, risks associated with introducing new technologies to broadcasters, and other risks detailed in Dolby's Securities and Exchange Commission filings and reports, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2005. 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. S05/16881 DLB-G