PRESS RELEASE
            Contact: Clyne Media, Inc.
            Tel: (615) 662-1616
            Fax: (615) 662-1636
           FOR 
            IMMEDIATE RELEASE
           PEAVEY 
          ELECTRONICS CHOOSES WAVES MAXXAUDIO SOUND ENHANCEMENT TECHNOLOGY FOR 
          ITS IPR SERIES POWER AMPLIFIERS  
          — Industry leader implements Waves pro audio algorithms for 
            enhanced low-end frequency reproduction — 
           
          TEL AVIV, 
            ISRAEL, November 5, 2009 — The CE 
            Division of Waves, the industry leader in professional audio digital 
            signal processing technologies, heard on hit records, major motion 
            pictures and popular video games the world over, and Peavey 
            Electronics, one of the world’s largest audio equipment 
            manufacturers, announce a new collaborative project resulting in the 
            launch of the Peavey IPR Series of power amplifiers, which uses Waves’ 
            acclaimed MX5010 semiconductor. MX5010 features such proprietary Waves 
            technologies as MaxxBass® Bass Extension, MaxxTreble™ High 
            Frequency Enhancement, 7-Band Paragraphic MaxxEQ™, MaxxStereo™, 
            MaxxVolume™ Level Control and much more.
          Boasting a 
            net weight of just 7 lbs. on the lightest model, the groundbreaking 
            Peavey IPR Series utilizes an advanced design that allows Peavey engineers 
            to dramatically reduce weight while increasing reliability, thermal 
            efficiency and output power (up to 6,000 watts at 2 ohms stable). 
            IPR Series amplifiers are designed with a resonant switch-mode power 
            supply and a high-speed class D topology that yields the highest audio 
            resolution and efficiency available. Four DSP-equipped models feature 
            32-bit, floating-point digital signal processing with program-specific 
            EQ presets that make common sound-reinforcement EQ treatments easy 
            to perform.
          The revolutionary 
            Peavey IPR Series DSP power amplifiers are the first to integrate 
            Waves technology, in particular MaxxBass, which uses psycho-acoustics 
            to create precise harmonic overtones that give the perceived effect 
            of adding low frequencies to the mix. MaxxBass resides in the amplifiers' 
            32-bit DSP section and can be adjusted from 0% to 100%.
          The Waves 
            MX5010 semiconductor integrates a high performance 24-bit DSP core 
            with pre-programmed MaxxAudio algorithms for a powerful and cost-effective 
            sound enhancement solution. The benefits of utilizing the MX5010 in 
            the IPR Series are numerous. Providing processing at 24 bits at up 
            to 48kHz and 100% clean bypass guarantees the MX5010 DSP preserves 
            audio quality at its most pristine form. Aside from MaxxBass, the 
            MX5010’s other proprietary technologies provide wide-ranging 
            sound enhancements. MaxxVolume will protect the speaker and electrical 
            components from electric surges and speaker fatigue without requiring 
            a dedicated limiter. The unit’s Delay function can be used to 
            create programmable speaker arrays and delay towers without an external 
            delay module. MaxxTreble can be used to enhance high frequencies dynamically 
            without “painful” high end. MaxxEQ and MaxxBass can be 
            used for designing efficient and programmable active crossovers for 
            both amplifiers and powered speakers. The MX5010’s router section 
            can be used to control levels for multiple speaker outputs, also allowing 
            the user to create presets for various I/O scenarios.
          “Integrating 
            MaxxBass into the Peavey IPR Series gives sound companies and engineers 
            significant advantages,” said Fred Poole, Senior Manager of 
            Product Development at Peavey Electronics. “Because it creates 
            the illusion of adding bass frequencies without physically doing so, 
            MaxxBass allows sound engineers to dial more low-end into a system 
            without adding more power amps, processing and subwoofers.”
          “For 
            over 40 years, Peavey Electronics has been a cornerstone in the M.I. 
            and pro market sectors,” stated Tomer Elbaz, General Manager 
            of Waves Audio Semiconductor and Licensing Division. “It has 
            been great to work with Peavey’s engineering team on this collaborative 
            effort, which resulted in a set of products that offers maximum performance 
            in an extremely lightweight format.”
          For more information, 
            please visit www.peavey.com and 
            www.maxx.com.
          
          ...ends 
            523 words
          Photo File 
            1: PeaveyIPR_DSPSeries.JPG
            Photo Caption 1: Peavey’s new IPR Series, which uses Waves’ 
            acclaimed MX5010 semiconductor.
          Photo File 
            2: Waves_Fred_Tomer.JPG
            Photo Caption 2: Pictured L-R: Fred Poole, Senior Manager of Product 
            Development at Peavey Electronics, and Tomer Elbaz, General Manager 
            of Waves Audio Semiconductor and Licensing Division.
          About 
            Waves:
            Waves is the world’s leading developer of digital signal processing 
            tools. Through every stage of the creative audio process, Waves is 
            there, from recording to mixing to mastering to broadcast and beyond. 
            Over the past two decades, Waves has pioneered an entirely new kind 
            of audio tool. Among Waves official endorsers are such luminaries 
            as Kanye West, Beatles producer Sir George Martin, and Linkin Park. 
            
          Waves’ 
            impact on the way music is made, mixed, and mastered has been immeasurable. 
            Major technological contributions include precision EQ, level maximization, 
            analog console models in-the-box, advanced noise reduction, state-of-the-art 
            guitar amp modeling , and more. These technologies do not merely emulate 
            their hardware predecessors; they allow a level of exactitude and 
            control never before possible. They offer sound engineers the ability 
            to sculpt their sonic creations with unsurpassed possibilities. 
          Today, Waves 
            touches virtually every aspect of audio: Recording, Live, Broadcast, 
            Surround, Post, Gaming, Consumer Electronics, and more. As Sir George 
            Martin has put it, “Waves is synonymous with excellence.”
          About 
            Peavey Electronics:
            Founded in 1965, Peavey® is one of the world's largest manufacturers 
            of musical instruments and professional sound equipment. Peavey has 
            earned more than 180 patents and produces more than 2,000 products, 
            which are distributed throughout the United States and to 136 other 
            countries. Peavey and its MediaMatrix®, Architectural Acoustics®, 
            Crest Audio® and Trace Elliot® brands and affiliates can be 
            found on concert stages and in more than 5,000 airports, stadiums, 
            theme parks and other venues around the world. To find out more, visit 
            www.peavey.com.
           
          All 
            other product names and trademarks are the property of their respective 
            owners, which are in no way associated or affiliated with Waves.
          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 
            Tel Aviv 67023, 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