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PRESS RELEASE
Contact: Clyne Media, Inc.
Tel: (615) 662-1616
Fax: (615) 662-1636

FOR IMMEDIATE RELEASE

WAVES OFFERS TLC THEFT & LOSS COVERAGE
PROTECTION TO WAVES V6 USERS

TEL AVIV, ISRAEL, November 20, 2008 — Waves Audio is now offering its new TLC Theft & Loss Coverage protection program exclusively to users of Waves V6 as part of its Waves Update Plan. With TLC, users’ software investment is protected, and they will never have to worry about losing their Waves authorizations due to theft or loss of their iLok key.

TLC represents the latest in Waves’ extensive efforts to enhance the overall user experience. Here’s how it works: Every 3 months, TLC enrollees will be granted new TLC product licenses, including a convenient 7-day overlap. Users will simply log into their iLok.com account and download the TLC license, and they will never have to miss a session. That way, no matter what happens to their iLok, they will always be able to authorize their Waves software and get back into the groove.

Until now, the only coverage available to users was through their own insurance carriers, however most carriers do not offer comprehensive software insurance. In the unfortunate case of a stolen, damaged or missing iLok software authorization key, users suffered losses of up to tens of thousands of dollars as well as valuable session time. Thanks to TLC, their Waves Audio software is safe and sound, and reauthorization can take place in a matter of minutes.

TLC Theft & Loss Coverage is available exclusively to Waves V6 users. For more information, please visit www.waves.com.


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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 fifteen 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: http://www.clynemedia.com



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All Rights Reserved.