DTS Inc. announced that the company has legally changed its name from Digital Theater Systems Inc. to DTS Inc. Approved in a vote by stockholders on May 19, 2005, the Restated Certificate of Incorporation effecting the name change was filed on May 24, 2005.
The decision to change the company’s name reflects the growing strength of the company’s DTS brand and an expansion beyond the theater business into new markets and technologies.
“The cinema market represents an important segment of DTS’ business, but the scope and breadth of our business today is much broader than when the company was founded,” said Jon Kirchner, president and CEO of DTS. “Over the years, DTS has expanded into the consumer electronics, music, pro audio and broadcast markets and consumers and the trade have come to know us by our initials. Going forward, this change will clarify and simplify our corporate messaging and support the continued growth and awareness of the DTS brand.”
For more information, please go to www.dtsonline.com.