PRESS RELEASE
          Contact: Clyne Media, Inc.
          Tel: (615) 662-1616
          Fax: (615) 662-1636
        FOR IMMEDIATE RELEASE 
          
        
        WAVES AUDIO TO INTEGRATE ITS 
          AUDIO PROCESSORS WITH 
          HARRIS® CORPORATION’S VELOCITY™ NEWS EDITING SYSTEM
        — Velocity™ bundle offers specialized audio tools for news-gathering 
          professionals —
        TEL AVIV, ISRAEL, July 3, 2008 — Waves 
          Audio today announced that three of its essential audio processors are 
          being bundled with Harris® Corporation’s new Velocity ESX™ 
          on-SAN editing system, a turnkey high-resolution workstation for journalists, 
          reporters and broadcasters, which is part of the Harris NewsForce™ 
          comprehensive HD/SD news platform. 
        The Velocity ESX bundle features advanced tools for time 
          compression, pitch shifting and equalization. These Wave components 
          include UltraPitch, a pitch shifter and voice disguiser; Renaissance 
          EQ, a paragraphic equalizer with 2-, 4- and 6-band components; and SoundShifter, 
          a time compression and pitch shifting processor. These are the same 
          tools used by top engineers on hit records, major motion pictures and 
          popular video games the world over. The Velocity ESX workstation arrives 
          with these processors fully loaded for user convenience.
        “Waves is proud to contribute to the high-end feature 
          set of Harris Corporation’s turnkey Velocity ESX system,” 
          says Waves CEO Gilad Keren. “Our tools have been used for years 
          in the broadcast world, and we’re delighted to see products developed 
          specifically for journalists working in electronic media.”
        
        ...ends 171 words
        
        About Harris Corporation
          Harris is an international communications and information technology 
          company serving government and commercial markets in more than 150 countries. 
          Headquartered in Melbourne, Florida, the company has annual revenue 
          of more than $5 billion and 16,000 employees — including nearly 
          7,000 engineers and scientists. Harris is dedicated to developing best-in-class 
          assured communications®; products, systems, and services. Additional 
          information about Harris Corporation is available at www.harris.com. 
        
        About Waves Ltd.:
          Waves is a leading provider of audio DSP solutions for professional, 
          broadcast, and consumer
          electronics audio markets. Waves has fifteen years of expertise in the 
          development of psychoacoustic signal processing algorithms that leverage 
          knowledge on the human perception of hearing to radically improve perceived 
          sound quality. Waves’ award-winning processors are utilized to 
          improve sound quality in the creation of the world’s most popular 
          music, movie soundtracks, and multimedia titles. Waves offers computer 
          software solutions and hardware plus software solutions for the professional 
          and broadcast markets. Waves also offers semiconductor with embedded 
          software solutions under the Maxx brand for the consumer electronics 
          audio applications. Waves’ Maxx technology dramatically enhances 
          audio performance in consumer applications and has been licensed to 
          several leading companies, including Motorola and Microsoft. For more 
          information, visit the Waves web site at http://www.waves.com.
        
          Other brand and product names may be trademarks of the 
          respective companies with which they are associated.
        Waves Contacts:
          North America Offices:
          Waves, Inc., 2800 Merchants Drive, Knoxville, TN 37912; 
          Tel: 865-909-9200, Fax: 865-909-9245, Email: info@waves.com, 
          Web: http://www.waves.com
        Corporate Headquarters Israel:
          Waves Ltd., Azrieli Center, The Triangle Tower, 32nd Floor, 132 Derech 
          Petach-Tikva, 
          Tel-Aviv 67027, Israel; Tel: 972-3-608-4000, Fax: 972-3-608-4056, Email: 
          info@waves.com, 
          Web: http://www.waves.com
        Waves Public Relations:
          Clyne Media, Inc., 169-B Belle Forest Circle, Nashville, TN 37221;
          Tel: 615-662-1616, Fax: 615-662-1636, Email: robert@clynemedia.com, 
          
          Web: https://clynemedia.com