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| | Dolby | News and Events |
 | | May 1, 2004, Akron, Ohio--Ray Dolby was inducted into the National Inventors Hall of Fame today in recognition of his invention of the Dolby® noise reduction system that electronically reduces the tape hiss and other noise inherent in analog audio tape recording and playback. |
 | | With Dolby noise reduction, sound is passed through an encoder as it is recorded, and then played back through a decoder, dramatically lowering background noise and hiss added by the recording process with none of the side effects inherent in previous attempts at noise reduction. |
 | | The company's reputation as a leader in audio technology was greatly enhanced in 1986 with the introduction of Dolby SR (spectral recording), a powerful new system that improved existing professional analog recorders to equal, and in some respects surpass, very costly digital recorders. |
| investor.dolby.com /ReleaseDetail.cfm?ReleaseID=155734 (690 words) |
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