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SRS Licensing Procedure Overview:
SRS Labs' technology licensing strategy continues to be the development and licensing of audio, voice and surround sound technologies for the world’s top product and semiconductor manufacturers. These technologies may be implemented in a variety of methods, including discrete analog components, chip modules, analog semiconductors, DSPs and software. These various implementation options offer customers significant flexibility and value when designing product lines.
Licensing SRS Labs audio solutions is an easy 4 step process!
Trademark Manual
Licensing Procedure Guide
1. Sign SRS Mutual Non-Disclosure Agreement
- Disclosure of proprietary technology and roadmap information from both SRS and from prospective licensee or chip company
- Business discussion
- Business terms finalized
- Integration of SRS technology into target product commences
2. SRS licensing agreement is fully executed by both parties
- SRS and Licensee discuss marketing and PR schedule & activities to support the sales of the product
- Product is pre-tested by licensee using SRS test procedures
- Product is submitted to SRS facility for testing/certification
3. SRS delivers certification approval to customer
- Customer starts mass production
- Both entities work closely together to market the product featuring the SRS technology
- Customer ships product into market
- Planning process begins for next product
4. Licensee submits quarterly royalty reports/payments as sales continues
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