CES (Booth #9839) — DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio solutions and audio enhancement technologies, announced today the expansion of its Play-Fi™ ecosystem to include a Play-Fi™ Certified ODM Program. The program currently includes several leading audio manufacturers including: Eastech Electronics Inc., Fenda Technology Co., Ltd., LiteOn Technology Corporation, Meiloon Industrial Co. Ltd., Solidex Audio Corporation, Tymphany Corporation, Wistron Corporation, and Zylux Acoustic Corp. DTS and the program participants will be showcasing Play-Fi technology in DTS-certified, market-ready reference designs at the 2014 International Consumer Electronics Show. “With strong customer demand from multiple market sectors, DTS is building a global ecosystem with Play-Fi technology,” said Brian Towne, executive vice president and chief operating officer at DTS. “By adding these world-class manufacturers to the Play-Fi ODM Program, DTS is able to connect potential licensees with their choice of pre-qualified production partners. Play-Fi has been architected from the start for easy implementation, and the addition of these committed manufacturing resources makes the process even simpler and faster for brands to bring Play-Fi equipped products to market. The breadth of the program also reinforces Play-Fi’s powerful applicability across platforms.” Play-Fi is an advanced open audio platform capable of streaming lossless, high-quality audio from Android, iOS and Kindle Fire devices, as well as Windows PCs, to multiple rooms, from multiple users, simultaneously using a standard home Wi-Fi network. Unlike single speaker wireless solutions, which only allow users to stream directly to one speaker from their mobile devices, Play-Fi gives users full control of an entire network of speakers in the home. Users can set-up, link, and stream audio to one Play-Fi enabled speaker or multiple speakers throughout the home at once, perfectly synchronized and with no lag. “Today’s consumers are enjoying a broad range of music services, and demanding higher quality in-home listening experiences. Play-Fi delivers on the promise of streaming high-quality audio wirelessly throughout the home,” added Dannie Lau, general manager of Phorus, a subsidiary of DTS. “With the addition of these new manufacturing allies, Play-Fi technology is positioned as an ideal platform for manufacturers looking to offer a wireless multi-room speaker solution.”
Investors considering a purchase of DTS Inc shares, but tentative about paying the going market price of $30.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $25 strike, which has a bid at the time of this writing of $1.05.