PRESS RELEASE
          Contact: Neilson/Clyne
          Tel: (615) 662-1616
          Fax: (615) 662-1636
        FOR IMMEDIATE RELEASE
         
        
        
          WAVES SHIPS NEW VOCAL BUNDLE FEATURING
          POWERFUL TUNING AND BREATH REMOVAL SOFTWARE PLUG-INS
        — Waves continues to support loyal customers with free plug-ins
          as part of the Waves Update Plan —
         
          KNOXVILLE, TN, November 17, 2005 — Waves Ltd., the leading 
          manufacturer of audio DSP processing and plug-ins, has begun shipping 
          its new Vocal Bundle featuring recently released Tune and DeBreath plug-ins 
          for unprecedented pitch correction/transposition and breath sound removal. 
          This new comprehensive toolset offers the latest Waves technology, along 
          with the classic Renaissance Channel, Renaissance DeEsser and Doubler 
          plug-ins, for world class vocal track production. Owners of selected 
          plug-in bundles covered by the Waves Update Plan will receive the new 
          Tune LT plug-in for free, which offers nearly all of the same groundbreaking 
          features of the standard version.
        Gilad Keren, CEO of Waves Ltd., commented on the release 
          of Tune LT for Waves Update Plan subscribers: “We want to make 
          sure our update plan offers real value to our most loyal customers, 
          which is why we provide our plan subscribers with our newest, most advanced 
          products. An example is last year’s release of the L3 Multimaximizer 
          and L3 Ultramaximizer, which was given free to subscribers who owned 
          selected bundles—and which went on to win this year’s prestigious 
          Technical Excellence & Creativity (TEC) Award for outstanding signal 
          processing software. With Tune LT, we’re again offering subscribers 
          our latest and greatest for free.”
        Tune contains everything needed for powerful pitch correction 
          and melody transformation, while maintaining Waves’ superior sound 
          and familiar user-friendly interface. Features include surgical editing 
          tools, formant correction, and MIDI export for even more creative possibilities.
        Unlike other solutions, Tune gives users control without 
          being bound to a limited playback section, allowing users to audition 
          changes with music at any time. Tune is powered by ReWire, a technology 
          of Propellerhead Software, so users always have direct control and sync 
          with the host system.
        DeBreath offers users a unique process for separating 
          and removing unwanted breath sounds from vocal tracks, while maintaining 
          a transparent response tailored to vocals that is often lacking in other 
          technologies used for this application.
        Tune is available for $600 (MSRP), DeBreath is available 
          for $350 (MSRP), and the Vocal Bundle is available for $1,000 (MSRP); 
          all are in Native format and require the use of an iLok. Registered 
          users of the Waves Update Plan who own eligible bundles will receive 
          Tune LT at no charge. An upgrade to the full version of Tune is offered 
          for $300.
         
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        About Waves Ltd.:
          Waves is a leading provider of audio DSP solutions for professional, 
          broadcast, and consumer electronics audio markets. Waves has ten years 
          of expertise in the development of psycho-acoustic 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 company and product names may be trademarks of the 
          respective companies with which they are associated.
        Waves Contacts:
          North America Offices:
          Waves, Inc., 306 West Depot Avenue, Suite 100, Knoxville, TN 37917; 
          
          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:
          Neilson/Clyne, Inc., 169-B Belle Forest Circle, Nashville, TN 37221;
          Tel: 615-662-1616, Fax: 615-662-1636, Email: rclyne@neilsonclyne.com, 
          
          Web: http://www.neilsonclyne.com