PRESS RELEASE
          Contact: Clyne Media, Inc.
          Tel: (615) 662-1616
          Fax: (615) 662-1636
        FOR IMMEDIATE RELEASE 
          
        
        WAVES TEAMS WITH ABLETON TO OFFER 
          WAVES GOLD NATIVE AND ABLETON LIVE 7 BUNDLED TOGETHER AT HUGE SAVINGS
        — Two audio software leaders partner to offer two acclaimed collections 
          in 
          one cost-effective package —
        KNOXVILLE, TN, May 20, 2008 — World-leading 
          DSP specialists Waves join forces with Ableton to offer two essential 
          software collections, Waves Gold Native and Ableton Live 7, together 
          as a single low-priced package. This special deal represents Waves’ 
          ongoing commitment to providing users with the tools they need in intuitive, 
          accessible collections.
        Waves’ Gold Native brings a wealth of signal processing 
          power to users’ studios, geared toward tracking, mixing and mastering. 
          The Gold Bundle now features over 20 plug-ins, including Waves Tune 
          LT, IR-L Convolution Reverb and Doubler, as well as many other highly 
          sought-after processors developed by Waves. With dynamics processing 
          equalization, reverb and more, Waves Gold Bundle is a comprehensive 
          yet intuitive introduction to the power of Waves. Please visit www.waves.com 
          for full descriptions of all of Gold Native’s 20+ plug-ins.
        Ableton Live 7 is a uniquely powerful sequencing, recording 
          and mixing environment. With built-in software instruments, REX and 
          ReWire support and real-time time stretching, Live 7 is fast becoming 
          the host of choice on stage and in the studio. A number of other features 
          further bolster this powerful software for all facets of music creation. 
          Note: The Waves/Ableton software package includes the FULL version of 
          Ableton Live 7, not Ableton Live LE, and upgrades to Ableton Suite are 
          available.
        The Waves Gold Native and Ableton Live 7 combination package 
          will be available May 2008 with a U.S. MSRP of $1500. (Offer available 
          in U.S., Austria, and Switzerland only).
        For more details, visit www.waves.com 
          or www.ableton.com.
         ...ends 244 words
          
        
        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 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