HARMAN Wins Ferrari 2011 Innovation Award

STAMFORD, CT. – HARMAN, the global premium audio and infotainment group (NYSE:HAR) is pleased to announce that it was awarded Ferrari’s prestigious Innovation Award on July 20 in Maranello, Italy.

In presenting the Innovation Award, Ferrari Chairman Luca di Montezemolo and CEO Amedeo Felisa applauded HARMAN for its “high-end solutions regarding audio, navigation and telematics” and customizing them for Ferrari. HARMAN introduced the QuantumLogic™ surround-sound technology with Ferrari, making the new FF model the first production vehicle to include this unique technology.

“This honor from Ferrari represents the great collaboration our two companies have in creating the next generation of audio and telematic systems luxury car buyers expect,” said Dinesh C. Paliwal, Chairman, President and CEO of HARMAN. “We worked closely with Ferrari to make QuantumLogic an integral part of the new FF model, using technology to enhance the experience in what is truly a world-class performance vehicle.”

QuantumLogic surround technology uses audio algorithms to extract signal streams and impulse responses from the original recording. Individual voices and instruments, as well as embedded reverberant spatial information, are identified and then re-authored into a precise multi-channel soundstage. Unique to QuantumLogic is its “aesthetic engine,” which combines the individual signal streams and patented spatial filter bank technology with psycho-acoustic modeling for transparent digital processing and perfect acoustic reconstruction. The result is a stunningly immersive playback system with refined clarity and detail.

About HARMAN

HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets – supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. The company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 20 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 11,800 people across the Americas, Europe and Asia, and reported sales of $3.6 billion for the 12 months ended March 31, 2011. The company’s shares are traded on the New York Stock Exchange under the symbol NYSE: HAR.