DTS Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

CALABASAS, Calif., Feb. 17, 2015 /PRNewswire/ — DTS, Inc. (Nasdaq: DTSI) today announced that on February 11, 2015, the Compensation Committee of the Company’s Board of Directors approved equity award grants under the DTS, Inc. 2014 New Employee Incentive Plan to six new employees. The awards were all granted as inducements material to the new employees entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4).

The six employees were granted restricted stock units representing a total of 16,050 shares of common stock. The restricted stock units will vest in four equal annual installments beginning on February 15, 2016. In each case, the vesting of shares is contingent upon the individual’s continued employment with the Company through each vesting date.

About DTS, Inc.

DTS, Inc. (Nasdaq:DTSI) is a premier audio solutions provider for high-definition entertainment experiences—anytime, anywhere, on any device. DTS’ audio solutions enable delivery and playback of clear, compelling high-definition audio, which is incorporated by hundreds of licensee customers around the world, into an array of consumer electronic devices. From a renowned legacy as a pioneer in high definition 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 compelling movies, music, games and other forms of digital entertainment to a growing array of network-connected consumer devices. DTS technology is in car audio systems, digital media players, DVD players, game consoles, home theaters, PCs, set-top boxes, smart phones, surround music content and every device capable of playing Blu-ray™ discs. Founded in 1993, DTS’ corporate headquarters are located in Calabasas, California. DTS also has offices in Los Gatos, San Diego and Santa Ana, California, Washington, China, France, Hong Kong, Ireland, Japan, Singapore, South Korea, Taiwan and the United Kingdom. Copyright 2015, DTS, Inc., 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. All rights reserved.

Logo – http://photos.prnewswire.com/prnh/20140724/130048

DTS-I

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dts-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-300036480.html

SOURCE DTS, Inc.