PRESS RELEASE

Contact: Clyne Media, Inc.

Tel: (615) 662-1616

Fax: (615) 662-1636

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FOR IMMEDIATE RELEASE

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Waves ON TOUR PRESENTS

“STUDIO CLASSICS COLLECTION EXPERIENCE”

WITH EDDIE KRAMER

— Legendary producer/engineer will tour throughout March, April and May 2008 with

Waves specialists as part of series of special events

featuring lectures and demonstrations —

KNOXVILLE, TN, March 5, 2008 — Waves Audio announces its latest series of educational events. The series, entitled “Studio Classics Collection Experience,” will feature legendary producer/engineer Eddie Kramer, along with Waves Product Specialists, in events discussing, demonstrating and celebrating Waves’ powerful Studio Classics Collection. The tour will take Kramer and the Waves crew to several cities across the U.S. throughout March, April and May. Latest tour date updates and news are available online at www.waves.com.

Kramer’s resume boasts production and/or engineering work on dozens of smash hits with some of the most legendary names in rock history: Jimi Hendrix, Led Zeppelin, the Beatles, the Rolling Stones, Kiss, David Bowie and many more. Kramer will be discussing recording techniques, vintage analog gear and today’s plug-in models, as well as sharing anecdotes from his four decades in the industry and answering questions about classic analog gear and the new digital emulations. Waves Product Specialists will be on hand to demonstrate the Studio Classics Collection and take an in-depth look at its powerful features.

The Studio Classics Collection represents the cutting edge of today’s hardware modeling. With the SSL 4000 Collection, V-Series and The API Collection, Waves has gone to painstaking lengths to model classic consoles. The SCC does not merely mimic the components and circuit schematics; it recreates every last behavioral nuance of actual vintage hardware. Kramer and others utilized such units to create classic sounds on countless hit recordings, making him a perfect resource to help lay a foundation of knowledge for today’s digital recording artists, engineers and producers.

Gilad Keren, CEO of Waves Ltd., commented on the event series: “Waves on Tour’s ‘Studio Classics Collection Experience’ with Eddie Kramer represents Waves’ commitment to providing users with not only the state of the art in signal processing but also accessible opportunities to enhance their knowledge and proficiency with access to the top engineers and producers in the industry. Having used the original vintage gear on which the Collection is based puts Kramer in a unique position to bridge past and present and look to the future.”

Waves on Tour presents the “Studio Classics Collection Experience” with Eddie Kramer tour dates:

Tuesday, March 18, 7:00 pm

Sweetwater Sound, Inc.

5501 US Hwy 30 W

Fort Wayne, IN 46818

Wednesday, March 19, 7:30 pm

Beaman A & B Room

Curb Event Center

Belmont University

2002 Belmont Blvd.

Nashville, TN 37212

Wednesday, April 23, 7:00 pm

Parsons Audio

192 Worcester St.

Wellesley, MA 02481

Thursday, April 24, 6:30 pm

Dale Pro Audio

22 West 19th St, 2nd Floor

(Between 5th and 6th Ave)

New York, NY 10011

More dates will be announced on www.waves.com once they become available.

About Waves

For the past 15 years, Waves has been at the helm of the digital audio revolution, creating the groundbreaking processors that have changed the way people make music. In recording, mixing, mastering, broadcast, live sound, gaming and surround sound, Waves continues to set the benchmark for professional audio signal processing. Used in over 10,000 recording studios by more than 100,000 users worldwide, the Waves sound can be heard in major motion pictures, on popular video games, as well as on hit records selling well over 100,000,000 units.

For more information on the Waves Studio Classics Collection and Waves on Tour’s “Studio Classics Collection Experience” with Eddie Kramer, as well as tour date updates, please visit www.waves.com.

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Photo Files: WAVESOnTour_Poster.JPG, EddieKramer_Portrait.JPG

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 psychoacoustic 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: , 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: ,

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: ,

Web: http://www.clynemedia.com

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