DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, today announced that Jon Kirchner, the company’s chairman and CEO, is a winner of Ernst & Young’s Entrepreneur Of The Year® Award for Greater Los Angeles. The winners were selected by an independent judging panel made up of previous winners of the award, leading CEOs, private capital investors and other regional business leaders. Now in its 26th year, the Entrepreneur of the Year Program has expanded to recognize business leaders in more than 140 cities in more than 50 countries throughout the world. Awards are given to entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. “The Greater Los Angeles 2012 finalists showcase the critical value entrepreneurs bring to the economy, driving not only revenue, but creating new jobs and opportunities in Los Angeles and beyond,” said Brian Ring, Entrepreneur Of The Year Program Director for Greater Los Angeles. “Ernst & Young is proud to recognize these business leaders who are critical to the economic recovery.” Kirchner held numerous leadership roles at DTS before taking on the position of CEO in 2001 and later becoming chairman and CEO in 2010. Recognized for growing DTS from a start-up to one of the most profitable and highly valued companies in its industry, Kirchner has guided the company through its rapid international expansion while successfully raising public and private capital. Kirchner brings an unwavering focus to building a premium brand while fostering a loyal, team-oriented and passionate employee culture. Kirchner also serves as chairman of the Young Presidents’ Organization (YPO) Santa Monica Bay charitable foundation, which provides funding to disadvantaged Los Angeles high school students who show promise despite trying odds. He routinely speaks to MBA and undergraduate students about entrepreneurship and executive leadership and serves on the board of trustees at Claremont McKenna College. Additionally, he formerly served as chairman of the advisory board for the Berger Institute for Work, Family and Children.
The Entrepreneur of the Year Program honors entrepreneurs regionally in June, leading up to the national awards in November. Additionally, venture-backed companies that win an Entrepreneur of the Year Award regionally are also eligible for the Venture Capital Award of Excellence at the national level. The U.S. Entrepreneur of the Year Overall Award winner then moves on to compete for the World Entrepreneur of the Year Award.For more information on DTS, visit the DTS website, like on Facebook , or follow on Twitter (@DTS_Inc.). Media interested in speaking with a DTS representative should contact DTS@formulapr.com. About Ernst & Young Entrepreneur of the Year® Ernst & Young Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries. About DTS, Inc. DTS, Inc. (Nasdaq: DTSI) is dedicated to making digital entertainment exciting, engaging and effortless by providing state-of-the-art audio technology to hundreds of millions of DTS-licensed consumer electronics products worldwide. From a renowned legacy as a pioneer in multi-channel audio, DTS became a mandatory audio format in the Blu-ray Disc™ standard and is now increasingly deployed in enabling digital delivery of movies and other forms of digital entertainment on a growing array of network-connected consumer devices. DTS technology is in home theaters, car audio systems, PCs, game consoles, DVD players, televisions, digital media players, set-top boxes, smart phones, surround music software and every device capable of playing Blu-ray™ discs. Founded in 1993, DTS' corporate headquarters are located in Calabasas, California with its licensing operations headquartered in Limerick, Ireland. DTS also has offices in Northern California, Washington, China, France, Hong Kong, Japan, South Korea, Taiwan, Singapore, and the United Kingdom. For further information, please visit www.dts.com. DTS, the Symbol, and DTS and the Symbol together, are registered trademarks of DTS, Inc. All other trademarks are the properties of their respective owners. © 2012 DTS, Inc. All rights reserved. DTS-C