Fraunhofer's mp3 Pioneers Become Members of the "Consumer Electronics Hall of Fame" (Business Wire via Yahoo! Finance)

ERLANGEN, Germany & SAN DIEGO, Calif.----The three scientists are honored on behalf of the large team of Fraunhofer researchers and engineers that have been developing the world famous mp3 audio coding format since the early eighties.

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[Source: Yahoo! News Search Results for mp3]