BNET Industries

Market Cap:$463.7M
Last Fiscal Year Sales:$78.3M
  • Public
  • US
Dow Jones Description

We are a leading provider of high quality branded entertainment technologies, which are incorporated into an array of entertainment products by hundreds of licensee customers around the world. Our core DTS digital multi-channel audio technology enables the delivery and playback of compelling surround sound and is currently used in a variety of product applications, including audio/video receivers, DVD-Video based products, Blu-ray Disc players, personal computers or PCs, car audio products, video game consoles, and home theater systems. In addition, we provide products and services to studios, radio and television broadcasters, game developers and other content creators to facilitate the inclusion of compelling, realistic DTS-encoded soundtracks in movies, sporting events, television shows and music content. We derive revenues from licensing our audio technology, trademarks, and know-how under agreements with substantially all of the major consumer audio electronics manufacturers. Our business model provides for these manufacturers to pay us a per-unit amount for DTS-enabled products that they manufacture. We actively engage in intellectual property compliance and enforcement activities focused on identifying third parties who have either incorporated our technology, trademarks, or know-how without a license or who have under-reported the amount of royalties owed under license agreements with us. ...

President & CEOJon Kirchner
Number of Employees 193
Contact Information

5171 Clareton Dr

Agoura Hills, California 91301

dts.com

(818) 706-3525

NAICS Code Audio and Video Equipment Manufacturing: 334310

Recent Events

  • BRIEF: Digital solutions co Zoran obtains Blu-ray license: Zoran settled its outstanding litigation with DTS...

    6/23/09 - Legal Settlement - View Story

  • DTS Settles Legal Matters with Zoran Corporation

    6/25/09 - Legal Settlement - View Story

  • DTS Posts First Quarter 2009 Results

    5/18/09 - Financial Announcement - View Story

  • DTS Surround Sensation UltraPC™ to Debut on Motherboards from ASUS®

    5/11/09 - Joint Venture / Alliance - View Story

  • J.P. Morgan Downgrades DTS, Inc. DTSI to Underweight

    5/01/09 - Bond / Stock Rating - View Story

  • BUY OR SELL-Will DTS shares sustain their recent rally?

    4/27/09 - Bond / Stock Rating - View Story

  • DTS Sets Date to Report First Quarter 2009 Financial Results

    4/18/09 - Financial Announcement - View Story

  • DTS Posts Profit with Help from Blu-Ray

    2/27/09 - Financial Announcement - View Story

  • Internet Radios Gain Ground

    2/13/09 - Merger / Acquisition - View Story

  • Neural Audio Sold to DTS

    1/09/09 - Merger / Acquisition - View Story

News & Analysis

dts inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jon Kirchner President & CEO
John Lowry Chief Technologist, Dts Cinema
Mel Flanigan CFO & Executive Vice President
Melvin L. Flanigan CFO & Executive Vice President, Finance
William Elswick Chief Technologist, Digital Cinema
Andrea Nee Executive Vice President, Operations
Blake Welcher General Counsel, Secretary & Executive Vice President, Legal
Brian Towne Senior Vice President, Consumer & Pro Division
Jan Wissmuller Senior Vice President, Engineering & Product Development
Nicholas Clay Senior Vice President, Technology & Strategy, Digital Cinema
Patrick Watson Senior Vice President, Strategy & Business Dev
Paul Smith Senior Vice President, Res & Development
Richard J Beaton Senior Vice President, R & D & Engineering
Sharon Kong Faltemier Senior Vice President, Hr
Don Bird Vice President, Marketing
Bill Neighbors Senior Vice President & General Manager
Kin Chan Managing Director
Tony Nowak Managing Director, Europe, Dts Cinema
Annemieke Groeneveld Director, Marketing, European
Brian Caldwell Marketing Director, Consumer & Pro Audio Prods
Kristin Thomson Director, Public Relations
Nao Ohtake Director, Operations
Henry Hu General Manager, DTS China
Vicki Shelton Manager

Board of Directors

Name (plus bio) Position
Daniel E. Slusser Chairman
C. Ann Busby Board of Directors
Joerg Agin Board of Directors
Joseph Fischer Board of Directors
Ronald N. Stone Board of Directors
Organization Position Status
Carl Sheeler President and Chief Executive Officer, Director Current
DTS, Inc. President & CEO Current
Co-Operations Inc Executive Vice President Current
Lowry Digital, Inc. President and Chief Executive Officer, Director Current
DTS, Inc. CFO Former
DTS, Inc. Vice President of Finance Former
PricewaterhouseCoopers Former
Corporate Recovery Inc Former
Claremont McKenna College B.A. In Economics Former
Organization Position Status
DTS, Inc. Chief Technologist, Dts Cinema Current
Organization Position Status
DTS, Inc. CFO & Executive Vice President Current
DTS, Inc. Executive Vice President, CFO Current
Sensarray Corporation CFO Former
Sensarray Corporation Vice President, Operations Former
Megatest Corporation Corporate Controller Former
Organization Position Status
DTS, Inc. CFO & Executive Vice President, Finance Current
Lowry Digital, Inc. Vice President of Finance and Chief Financial Officer Current
Carl Sheeler Vice President of Finance and Chief Financial Officer Current
Sensarray Corporation Director Current
Sensarray Corporation Chief Financial Officer Former
Sensarray Corporation Vice President, Operations Former
Megatest Corporation Corporate Controller Former
Santa Clara University MBA Former
Santa Clara University BS In Accounting Former
Organization Position Status
DTS, Inc. Chief Technologist, Digital Cinema Current
Organization Position Status
DTS, Inc. Executive Vice President, Operations Current
Lowry Digital, Inc. Vice President of Operations Current
Carl Sheeler Vice President of Operations Current
PTI Technologies, Inc. Senior Financial Analyst Former
San Diego State University B.A. In Public Administration Former
Organization Position Status
DTS, Inc. General Counsel, Secretary & Executive Vice President, Legal Current
Carl Sheeler Executive Vice President, Legal, General Counsel, Corporate Secretary Current
Lowry Digital, Inc. Vice President and General Counsel Current
DTS, Inc. Secretary Current
California Polytechnic State University, San Luis Obispo Jd Former
California Polytechnic State University J.D. Former
Franklin Pierce Law Center JD and Masters of Intellectual Property Former
California Polytechnic State University Masters of Intellectual Property Former
California Polytechnic State University, San Luis Obispo Masters of Intellectual Property Former
California Polytechnic State University B.S. In Aeronautical Engineering Former
California Polytechnic State University, San Luis Obispo BS In Aeronautical Engineering Former
Organization Position Status
Carl Sheeler Senior Vice President Consumer, Pro Audio Current
DTS, Inc. Senior Vice President, Consumer & Pro Division Current
Pioneer Electronics, Inc. Former
California Polytechnic State University B.S. In Engineering Technology Former
California State Polytechnic University B.S. In Engineering Technology Former
Pomona College B.S. In Engineering Technology Former
Organization Position Status
DTS, Inc. Senior Vice President, Engineering & Product Development Current
Carl Sheeler Vice President of Engineering Current
Lowry Digital, Inc. Vice President of Engineering Current
Analogic Corporation Former
Lexicon, Inc. Former
Harvard University Ph.D. In Music Theory and Composition Former
University of Toronto Masters In Music Composition Former
Organization Position Status
DTS, Inc. Senior Vice President, Technology & Strategy, Digital Cinema Current
Organization Position Status
DTS, Inc. Senior Vice President, Strategy & Business Dev Current
Lowry Digital, Inc. Vice President of Consumer Business Development Current
Queens University Masters Former
Queens University Degree In Engineering Former
Organization Position Status
DTS, Inc. Senior Vice President, Res & Development Current
Organization Position Status
Q-Design Founder and President of Qdesign Current
DTS, Inc. Senior Vice President, R & D & Engineering Current
Organization Position Status
Carl Sheeler Senior Vice President, Human Resources Current
DTS, Inc. Senior Vice President, Hr Current
Capstone Turbine Corporation Current
The Boeing Company Former
Northrop Grumman Corporation Former
University of California B.S. In Engineering Former
University of California, Berkeley B.S. In Engineering Former

As Vice President, Marketing, Don Bird oversees marketing and branding activities for all areas of DTS, including Consumer / Pro, Cinema, DTS Entertainment and Corporate. Bringing more than 20 years of experience in the development and marketing of sophisticated technical products for the entertainment industry, he joined DTS in 2003. Before DTS, Don guided several entrepreneurial firms to market-leadership positions, and held key roles in driving industry-wide technology conversions in electronic music, broadcast audio, video and film post production, and conversion of motion picture distribution and exhibition technologies from film to digital cinema. He spent fifteen years in senior management positions where he was responsible for sales, marketing, brand management, corporate/executive management and management of international distribution networks. Positions Don held prior to DTS include Vice President, Sales & Marketing for Avica Technology Corp., a digital cinema technology company, and Vice President of Corporate Strategy for 360 Systems, a company specializing in broadcast digital audio products.

Organization Position Status
DTS, Inc. Vice President, Marketing Current
Avica Technology Corporation Vice President, Sales & Marketing Current
Organization Position Status
DTS, Inc. Senior Vice President & General Manager Current
Organization Position Status
DTS, Inc. Managing Director Current
DTS, Inc. Director, Business Development, Greater China Former
University of South Australia MBA in International Studies Former
Organization Position Status
DTS, Inc. Managing Director, Europe, Dts Cinema Current
Smpte Member Current
Video Products Group, Inc. Former
University of London B.S. In Electrical and Electronic Engineering Former
Organization Position Status
DTS, Inc. Director, Marketing, European Current
Organization Position Status
DTS, Inc. Marketing Director, Consumer & Pro Audio Prods Current
Organization Position Status
DTS, Inc. Director, Public Relations Current
Organization Position Status
DTS, Inc. Director, Operations Current
Carl Sheeler Current
San Diego State University B.S. In Telecommunications and Film Former
Organization Position Status
DTS, Inc. General Manager, DTS China Current

Vicki joined Group Travel Unlimited in 1980, providing system support to the operations of a large travel company. In 1986, she became senior developer for Aloha Pacific Cruises responsible for development of a cruise reservations system. Subsequently at Dynamic Business Systems, she led the development of an association management system. She joined Discovery Travel Systems in 1991, and has wide experience with its products, particularly Ship Partner for which she has traveled widely providing support and upgrades. Currently she is the configuration manager for all DTS' products, as well as continuing to provide support for Ship Partner.

Organization Position Status
DTS, Inc. Manager Current
Discovery Travel Systems Product Configuration Manager Current

Dan Slusser is past chairman of the Permanent Charities Committee, and has been involved in many industry organizations, including the Society of Motion Picture and Television Engineers (SMPTE), the Academy of Motion Picture Arts and Sciences, and the Academy of Television Arts and Sciences. He served on the Technical Committee and the Presidential Advisory Council for the Museum of Television and Radio. Additionally, Dan is a member and past two-term President of the Los Angeles Film Development Committee, a two-term Chairman of the L.A. County Filming Advisory Board, and past Vice-Chairman of the California State Film Commission. He is the recipient of the 1986 Presidential Proclamation Award from SMPTE, and was named 1986 "Man of the Year" by the Israel Histadrut organization.

Organization Position Status
DTS, Inc. Chairman Current
McAinc Corporate Vice President Former
Organization Position Status
DTS, Inc. Board of Directors Current
McAinc Senior Vice President of The Motion Picture Group Former
Hastings College J.D. Former
Hastings College B.A. In Political Science Former
Organization Position Status
Lowry Digital, Inc. Director Nominee Current
Carl Sheeler Director Nominee Current
DTS, Inc. Board of Directors Current
Carl Sheeler Director Current
Smpte Fellow Current
Eastman Kodak Company Former
Pepperdine University M.B.A. Former
University of Delaware B.S. In Electrical Engineering Former
MIT Sloan School of Management Former
Organization Position Status
DTS, Inc. Board of Directors Current
McAinc Executive Vice President of The Motion Picture Group Former
Syracuse University B.S. In Accounting Former
Organization Position Status
DTS, Inc. Board of Directors Current
Pioneer Electronics, Inc. Chief Financial Officer Former
Pioneer Electronics, Inc. executive vice president Former
Pioneer Corporation Board of Directors Former
University of Southern California bachelor's degree in accounting Former

Executive News

  • DTS Settles Legal Matters with Zoran Corporation

    Corporate media News - 6/25/09 - View Story

  • DTS, Zoran Settle Digital Tech Lawsuit

    San Fernando Valley Business Journal - 6/23/09 - View Story

  • DTS (DTSI) Settles Legal Matters with Zoran Corp (ZRAN); Announces New Licensing Agreement

    Street Insider - 6/22/09 - View Story

  • DTS Settles Legal Matters with Zoran Corporation

    Business Wire - 6/22/09 - View Story

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     DTSI $26.31 -0.91 (-3.34% )
Average Volume 241,343
Shares Outstanding 17.38M
Market Cap 457.3M
Year High 33.87
Year Low 12.605
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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