Dolby Unleashes the Potential of Mobile Entertainment at Mobile World Congress

At the 2008 Mobile World Congress, Dolby Laboratories, Inc.
(NYSE:DLB) demonstrated technologies that elevate the mobile
entertainment experience by improving the sound and performance of
mobile phones and portable media players.

At stands 2.1B37 in Hall 2 and 7C62 in Hall 7, Dolby showed
Dolby(R) Mobile, an audio processing technology platform that brings
rich, vibrant surround sound to music, movies, and television programs
on mobile phones and portable media players.

Dolby also showed aacPlus, a high-quality, highly efficient audio
compression format designed for download, streaming, and broadcast
applications on mobile phones.

"Entertainment can sound better on mobile phones and portable
media players," said Francois Modarresse, Vice President of Marketing,
Dolby Laboratories. "We developed Dolby Mobile to help create products
that stir the senses and excite people´s imaginations so the industry
can deliver on the promise of mobile entertainment."

Dolby recently announced an agreement with NTT DoCoMo and Sharp to
offer two mobile phones with Dolby Mobile technology, the FOMA SH905i
and FOMA SH905iTV, which are now available to customers in Japan.

To make its technologies more broadly available, the company
announced an agreement with RMI Corporation to implement Dolby Mobile
on the RMI Alchemy(TM) platform for portable media player
applications.

At Mobile World Congress, Dolby also demonstrated a prototype
device with Dolby Mobile built on Texas Instruments´ popular OMAP
platform.

About Dolby Laboratories

Dolby Laboratories (NYSE:DLB) develops and delivers products and
technologies that make the entertainment experience more realistic and
immersing. For more than 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. For more information about Dolby
Laboratories or Dolby technologies, please visit www.dolby.com.

Certain statements in this press release, including statements
regarding the performance, capabilities, and impact of Dolby Mobile
technologies in general, the anticipated or potential benefits that
mobile phone users may derive from these technologies, and the
possible inclusion of Dolby Mobile technologies in products and
services, 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,
without limitation, could cause actual results to differ materially
from those in the forward-looking statements: risks that Dolby Mobile
technologies may not perform as anticipated; risks associated with
building market acceptance for digital audio technologies in the
mobile market in general and Dolby Mobile in particular; competition
in the market for digital audio technologies; rapid changes in
technical requirements for digital audio technologies in general and
for the mobile market in particular; the development of the market for
mobile entertainment; and other risks detailed in Dolby´s Securities
and Exchange Commission filings and reports, including the risks
identified under the section captioned "Risk Factors" in its most
recent Periodic Report on Form 10-Q or 10-K. 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 and the double-D symbol are registered trademarks of Dolby
Laboratories. RMI Alchemy is a trademark of Raza Microelectronics,
Inc. S08/19302 DLB-G