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

FOR IMMEDIATE RELEASE

WAVES’ VIRTUAL STOCK SOFTWARE DISTRIBUTION SYSTEM ENHANCES TOONTRACK PRODUCTS’ AVAILABILITY

—Toontrack products are now always in stock at end-users’
favorite authorized Toontrack Music Group retailers —

TEL AVIV, ISRAEL, October 7, 2008 — Waves Audio announces that as of October 6, 2008, leading drum sampler software manufacturer Toontrack Music Group will join Waves’ pioneering Virtual Stock Software Distribution (VSSD) fulfillment program, as an alternative means of product distribution. Now, end users will always have access to the complete range of Toontrack products from their favorite authorized Toontrack music retailer, and they will never be “out-of-stock.”

After customers purchase a Toontrack product, the dealer will enter the order number and instantly receive unique serial numbers, printed on a receipt and given to the customer. These numbers unlock the copy-protected software, then available for download at the customer’s discretion.

“Joining the VSSD and the association with Waves marks another huge step forward for us,” stated Andreas Sundgren, CEO Toontrack Music Group. “In practice, it will mean that Toontrack can offer a unique sales service to dealers and individual customers alike. We are very excited and happy to be joining the Waves VSSD. "

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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.

About Toontrack:
Toontrack Music is the world’s premier developer of percussive virtual instruments, with an unrivaled line of drum and percussion tools for playing, composing, and producing in Digital Audio Workstations. http://www.toontrack.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


Copyright ©2008, Clyne Media, Inc.,
All Rights Reserved.