Dolby 3D and Dolby Digital Surround Sound Deliver an Immersing Experience for the 2010 Sundance Film Festival

Dolby Laboratories, Inc. (NYSE:DLB) announced today that Dolby^® 3D Digital Cinema has been selected to screen the World Premiere of Mark Lewis’ documentary Cane Toads: The Conquest in 3D at the 2010 Sundance Film Festival. The documentary from Australian writer/producer/director Lewis will also be presented in Dolby Digital Surround Sound to deliver audiences an immersing entertainment experience as the director intended. The film, a Participant Media, Discovery Studios, Screen Australia, and Radio Pictures presentation, is the first specialty documentary produced in 3D.

"The Sundance Film Festival was very pleased with the entertainment experience Dolby 3D and Dolby Surround Sound brought to the success of the U2 3D premiere in 2008,” said Sarah Pearce, Director of Operations, Sundance Film Festival. "The audience actually felt like they were at a U2 concert. In addition, Dolby’s eco-conscious solution appeals to Sundance as the high-quality, reusable Dolby 3D glasses deliver both an enhanced and environmentally friendly 3D viewing experience.”

Dolby 3D uses a unique color filtering technology that provides realistic color reproduction and extremely sharp images without the use of a silver screen; delivering a fantastic 3D experience. The Dolby 3D filter wheel is inserted into the light path before the image is formed, providing a stable and sharp picture. Furthermore, the Dolby 3D filter wheel inside the projector easily moves out of the light path allowing the Sundance Film Festival the flexibility to show both 2D and 3D movies in the same auditorium.

"Dolby 3D continues to be the solution of choice for prestigious events like the Sundance Film Festival that value a quality 3D presentation for its patrons,” said Page Haun, Senior Director of Marketing, Cinema Segment, Dolby Laboratories. "Be it Avatar’s global premiere, U2 3D at the Rock and Roll Hall of Fame^® or the latest 3D content at Comic-Con^® 2009, Dolby delivers premium quality 3D and immersing surround sound to audiences who love entertainment.”

To ensure everyone in Park City’s Eccles 1200-seat auditorium enjoys the full Dolby 3D experience, Dolby Production Services teamed up with Barco to provide two DP-3000 digital cinema projectors, dual stacked (side by side). The Barco projectors are Digital Cinema Initiatives compliant and feature Texas Instruments’ Digital Light ProcessingTM digital cinema technology to deliver the best combination of brightness, image sharpness, and color accuracy to every seat in the auditorium.

"Working with Russell Allen of Dolby Production Services and the team from Barco at the Eccles Auditorium set-up was a delight,” said Mark Lewis, writer, producer, and director of Cane Toads: The Conquest. "They not only managed to make my toads look beautiful in Dolby 3D, but they made them sing in Dolby Surround Sound.”

For a complete list of Dolby Digital Cinema and Dolby 3D Digital Cinema locations, please visit: www.dolby.com/consumer/motion_picture/ddcinemas/.

About Cane Toads: The Conquest at Sundance 2010

Mark Lewis explores one of Australia's greatest environmental catastrophes as he follows the unstoppable march of the cane toad across the Australian continent in the documentary Cane Toads: The Conquest in 3D at the 2010 Sundance Film Festival World Premiere. The documentary will be presented at 9:30 p.m. on Tuesday, January 26^th and again at 9:15 p.m. on Wednesday, January 27^th at Park City’s Eccles Auditorium.

The 2010 Sundance Film Festival runs from January 21 to January 31 in Park City, Salt Lake City, Ogden, and Sundance, Utah. The complete list of films is available at www.sundance.org/festival.

Forward-Looking Statements

Certain statements in this press release, including statements regarding the performance, features, reliability, and capabilities of Dolby 3D Digital Cinema; the potential benefits and cost savings that studio, exhibitors, and audiences may derive from Dolby 3D Digital Cinema systems; and the anticipated market acceptance of Dolby 3D Digital Cinema systems, 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 3D Digital Cinema systems may not perform as anticipated; risks that the adoption and installation of Dolby 3D Digital Cinema, as well as the timing of such adoption and installation, by exhibitors may not occur as expected; risks associated with building market acceptance of and demand for digital cinema and 3D digital cinema in general, and for Dolby 3D Digital Cinema systems in particular, by filmmakers, studios, cinema operators, and audiences; competition risks for digital and 3D theatre technologies; rapid changes in technical requirements for movie theatrical playback technologies specifically and entertainment technologies for movies in general; risks associated with developing proprietary technologies and products based on open standards; risks associated with the health of the motion picture industry in general; risks associated with developing, maintaining, and strengthening relationships with industry participants; 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.

About Dolby Laboratories

Dolby Laboratories (NYSE:DLB) is the global leader in technologies that are essential elements in the best entertainment experiences. Founded in 1965 and best known for high-quality audio and surround sound, Dolby creates innovations that enrich entertainment at the movies, at home, or on the go. Visit www.dolby.com for more information.

Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. All other trademarks remain the property of their respective owners. S10/22391 DLB-G