QSND » Topics » C. Research and Development

This excerpt taken from the QSND 20-F filed Mar 28, 2008.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2007, 2006 and



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2005 we continued our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies. This work is in part carried out through work with our licensees and business partners through integration of our technology into their products and also through joint venture projects. In 2007, 2006 and 2005 continued development and refinement of the Company’s microQ scalable software engine was the main “in house” focus. The Company’s audio research and development costs were $787,000 in 2007, $819,000 in 2006 and $952,000 in 2005. Also during 2006 and 2005, the Company, through participation in a joint venture, undertook development of a voice chat conferencing system, incurring costs of $39,000 and $353,000 respectively. These costs have been capitalized and from 2006, as this is when commercial production commenced, have been amortized over the useful economic life of the asset. The Company has one patent application, as well as further applications in development.  (See “Intellectual Property” under Item 4 of this report.)


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the performance of our products. There were no research and development activities during 2007 and 2006, with expenditures in 2005 totalling $33,000 respectively relating to upgrading of products.


Internet Telephony Business:  Subsequent to the abandoning of a telephony project in 2005 the Company has not incurred any further research and development expenses within its telephony business segment. During 2005 the Company incurred expenditure of $112,000 relating to this project. Due to the abandonment of the project an impairment charge totaling $518,000 was booked as the Company determined that the carrying value of the project assets  was not recoverable. However, further to resolution of legal proceedings with the project developer during 2006, the Company now has possession of the assets and fully intends to use these in the future.


This excerpt taken from the QSND 20-F filed Mar 23, 2007.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2006, 2005 and 2004 we continued our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies. This work is in part carried out through work with our licensees and business partners through integration of our technology into their products and also through joint venture projects. In 2006 and 2005 continued development and refinement of the Company’s microQ scalable software engine was the main “in house” focus. In 2004 the Company’s efforts were mainly centred on microQ and the QVE audio engine. The Company’s audio research and development costs were $813,839 in 2006, $948,580 in 2005 and $962,340 in 2004. Also during 2006 and 2005, the Company, through participation in a venture arrangement, undertook development of a voice chat conferencing system, incurring costs of $39,500 and $352,750 respectively. These costs have been capitalized and from 2006, when commercial production commenced, will be amortized over the useful economic life of the asset.  The Company has three patent applications, two of which were filed in 2003 and 2005, in progress, as well as further applications in development.  (See “Intellectual Property” under Item 4 of this Annual Report.)


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the performance of our products. There were no research and development activities in 2006, with expenditures in 2005 and 2004 totalling $32,872 and $39,032 respectively relating to upgrading of products.


Internet Telephony Business:  Subsequent to the abandoning of a telephony project in 2005 the Company has not incurred any further research and development expenses within its telephony business segment. During 2005 the Company incurred expenditures of $112,387 (2004: $561,192) relating to this project. Due to the abandonment of the project an impairment charge totaling $518,207 was booked as the Company determined that the carrying value of the project assets were not recoverable. However, further to resolution of legal proceedings with the project developer during 2006, the Company now has possession of the assets and fully intends to use these in the future.  In 2004 the Company had further expenditures of $138,812 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our gateways.  


This excerpt taken from the QSND 6-K filed Mar 23, 2007.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2006, 2005 and 2004 we continued our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies. This work is in part carried out through work with our licensees and business partners through integration of our technology into their products and also through joint venture projects. In 2006 and 2005 continued development and refinement of the Company’s microQ scalable software engine was the main “in house” focus. In 2004 the Company’s efforts were mainly centred on microQ and the QVE audio engine. The Company’s audio research and development costs were $813,839 in 2006, $948,580 in 2005 and $962,340 in 2004. Also during 2006 and 2005, the Company, through participation in a venture arrangement, undertook development of a voice chat conferencing system, incurring costs of $39,500 and $352,750 respectively. These costs have been capitalized and from 2006, when commercial production commenced, will be amortized over the useful economic life of the asset.  The Company has three patent applications, two of which were filed in 2003 and 2005, in progress, as well as further applications in development.  (See “Intellectual Property” under Item 4 of this Annual Report.)


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the performance of our products. There were no research and development activities in 2006, with expenditures in 2005 and 2004 totalling $32,872 and $39,032 respectively relating to upgrading of products.


Internet Telephony Business:  Subsequent to the abandoning of a telephony project in 2005 the Company has not incurred any further research and development expenses within its telephony business segment. During 2005 the Company incurred expenditures of $112,387 (2004: $561,192) relating to this project. Due to the abandonment of the project an impairment charge totaling $518,207 was booked as the Company determined that the carrying value of the project assets were not recoverable. However, further to resolution of legal proceedings with the project developer during 2006, the Company now has possession of the assets and fully intends to use these in the future.  In 2004 the Company had further expenditures of $138,812 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our gateways.  


This excerpt taken from the QSND 6-K filed Apr 7, 2006.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2005, 2004 and 2003 we continued our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies.  In addition, in 2005 we concentrated on development and refinement of our microQ scalable software engine, and in 2004 our efforts were mainly centred on microQ and our QVE audio engine. Our audio research and development costs were $803,322 in 2005, $784,496 in 2004 and $588,410 in 2003.  We have three patent applications, two of which were filed in 2003 and 2005, in progress, as well as further applications in development. We also work jointly with our licensees and business partners to adapt and optimize our technologies for their products.


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the satisfactory performance of our products.  Research and development activities in 2005, 2004 and 2003 consisted mainly of upgrading our products, with expenditures of $32,872 in 2005, $39,032 in 2004, and $50,757 in 2003.


Internet Telephony Business:  In 2005 we had expenditures of $112,387 in cash primarily in the development of a new telephony product.  This project was re-evaluated in 2005 and abandoned.  As a result we took an impairment charge totaling $518,207 against all assets relating to the project.  In 2004 we had expenditures of $138,812 and in 2003 $195,166 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our gateways.  We also had expenditures in 2004 of $561,192 in cash and stock options in development of new telephony products.  These costs have all  been capitalized.


This excerpt taken from the QSND 20-F filed Apr 3, 2006.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2005, 2004 and 2003 we continued our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies.  In addition, in 2005 we concentrated on development and refinement of our microQ scalable software engine, and in 2004 our efforts were mainly centred on microQ and our QVE audio engine. Our audio research and development costs were $803,322 in 2005, $784,496 in 2004 and $588,410 in 2003.  We have three patent applications, two of which were filed in 2003 and 2005, in progress, as well as further applications in development. We also work jointly with our licensees and business partners to adapt and optimize our technologies for their products.  (See “Intellectual Property” under Item 4 of this report.)


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the satisfactory performance of our products.  Research and development activities in 2005, 2004 and 2003 consisted mainly of upgrading our products, with expenditures of $32,872 in 2005, $39,032 in 2004, and $50,757 in 2003.


Internet Telephony Business:  In 2005 we had expenditures of $112,387 in cash primarily in the development of a new telephony product.  This project was re-evaluated in 2005 and abandoned.  As a result we took an impairment charge totaling $518,207 against all assets relating to the project.  In 2004 we had expenditures of $138,812 and in 2003 $195,166 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our gateways.  We also had expenditures in 2004 of $561,192 in cash and stock options in development of new telephony products.  These costs have all  been capitalized.


This excerpt taken from the QSND 6-K filed Apr 8, 2005.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2004 and 2003 we concentrated on development and refinement of our QVE and microQ scalable software engines, as well continuing our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies. Our audio research and development costs were $784,496 in 2004, $588,410 in 2003 and $519,137 in 2002.  We also work jointly with our licensees and business partners to adapt and optimize our technologies for their products.


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the satisfactory performance of our products.  Research and development activities in 2004, 2003 and 2002 consisted mainly of upgrading our products, with expenditures of $ 39,032 in 2004, $50,757 in 2003, and $124,387 in 2002.








Internet Telephony Business:  In 2004 we had expenditures of $138,812 and in 2003 $195,166 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our gateways.  We also had expenditures in 2004 of $561,192 in cash and stock options in development of new telephony products.  These costs have all  been capitalized.


This excerpt taken from the QSND 20-F filed Mar 21, 2005.

C.  Research and Development  


Audio Business: QSound carries out sustained research and development activities in the audio business segment, allowing us to maintain our position as a world leader in audio enhancement with cutting edge products and technologies. In 2004 and 2003 we concentrated on development and refinement of our QVE and microQ scalable software engines, as well continuing our previous research and development activities of developing new, and refining and upgrading existing, audio synthesis and enhancement technologies. Our audio research and development costs were $784,496 in 2004, $588,410 in 2003 and $519,137 in 2002.  We also work jointly with our licensees and business partners to adapt and optimize our technologies for their products.


E-commerce Business:  Research and development expenditures in our e-commerce business segment have steadily decreased, reflecting the satisfactory performance of our products.  Research and development activities in 2004, 2003 and 2002 consisted mainly of upgrading our products, with expenditures of $ 39,032 in 2004, $50,757 in 2003, and $124,387 in 2002.


Internet Telephony Business:  In 2004 we had expenditures of $138,812 and in 2003 $195,166 for activities consisting of upgrading and adding functionalities to our software, and re-designing the internal layout and external features of our



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gateways.  We also had expenditures in 2004 of $561,192 in cash and stock options in development of new telephony products.  These costs have all  been capitalized.


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