Our 50th Year Anniversary it started in 1965 ray and others were on their way u way back from india traveling in the v w bus and founded in 1964 it was in 1976 they moved the company back to San Francisco to a small office we were a Small Company on downtown San Francisco and become a part of this San Francisco communities and have been ever since we grew over the years and in time we spread out in San Francisco in 3 different buildings in brisbane over 7 hedge funds employees and need a new home to support our growth and bring everybody back to together and wanted to continue to be an important member of this vibrant communities that is San Francisco were pleased to have found this new home and we know that right away that was an opportunity; right . An unique opportunity to establish a space that really embodies who we are as a company and what had a he do it finger our employees to do their best work and be a part of this community so we start with the reason that dolby labs thrived for 50 years we advance sight and sound so create spectacular experience we wanted that to resonate throughout the building and one of the ways weve done that it is really special im thrilled the way it came together we worked with a number of artists around the world 21 afrpt around the world 1 3rd from the bay area and we shared with them what we do and how we see the world how we see our purpose and asked them to come up with artist installation 36 throughout the building that represent their interpretation of who dolby labs is and where dolby labs is going i couldnt be more thrilled with the results some took the interpretation limiting and did their work and created exhibits make you think about so you arent i sound and sites into our daily lives their change as you interact with them it starts the moment you walk into if building hopefully, you had a chance to notice the video wall a audio visual art installation it was created by a local artist it is ever changing and the system it also ever changing that will evolve over time something on the communities seize a little bit of the tip of the iceberg to whats happening and between those walls im excited the next navigations the team partnered with a local high school and a group of high schools students as an extension of the art program learning to fireman that wall that will be one of the upcoming installations in our new home so we really created an intersection of art and science and communities and we really, really excited about that now, of course, is starts with scientific and engineering it also has this building is a working looter weve dwraetd a working lab 65 thousand square feet of lab space hundred labs it is starting with the design so a good practices to start we started thinking of the biophysical place of business lab this is y where we study how little brain reacts to sight and sounds and discovered not long ago when people are experiencing one of the newest visual technologies it will be coming to the worlds through video in a few months time we learned they have a physical response to images of fire when dead on arrival by vision were take advantage it was a vice rally response that remind me of the first time i experiences download by our audio system we were ive been terribly alone and forgotten in manhattan between dead on arrival by and dead on arrival by sound it was i heard it a millions times it sound like rain when it went to dead on arrival by i felt i was about to get wet i looked for my uncle umbrella thats why we start that the science of art and sound and any time we have looks about where we can emulate the film invitations and mobile online and those labs are throughout the building that is really, really important part of the working lab we didnt which i see one or two floors and makes the labs with key cards and fingertips those are throughout the building where people are working virtually throughout the floors youll find labs where people are working and doing their daily work one of the our big labs we just groundbreaking break ground that as a full dead on arrival by the cinema this is the most way to experience it is going to be a working lab it is going to be a place where the creative communities can come and work on this is an projects were looking forward to finding opportunities to have community and Host Community events were looking forward to that in the, of course, also a home it is a home for 7 hundred and 50 employees in San Francisco it is a hearing aids for over 18 hundred employees around the globe one of the things we set out to do this was a big change to create more open space more common areas we call them interaction hubs a big change i cant will you how those come to life and use the way they were tendency have chosen not to have an office i dont have a cue im working throughout the building i might take two or three days and spend it in moving up and down the building ive hunting had the opportunity we rely obtain or on structure and nonstructural scombaksz ive observed those unstructured reaction people are spending time with others and ideas are shared and timely parts of innovation occur that is wonderful to see how it comes it together so, now when we moved to this building we, of course, are not new to San Francisco a member of the San Francisco community for nearly 40 years and really existed to move to this revigils mid market neighborhood we wanted to learn about our neighborhood we started is it actually before we moved in the team put in a lot of effort to go out and familiarize themselves with local businesses part of their orientation was a in violation of section to visit the local businesses and restaurants and met the local are proprietors learning and helping to people thinks what were about and reached to do u out to to a number of communities and last year the company volunteered over 2 thousand hours of local service. clapping. on monday morning when we kicked off our grand opening efforts the way the employees kicked off we had over 4 hundred employees go out into the community and volunteered over 12 hundred hours of monday this week alone clapping. many of our communities partners are with you today, the Womens Audio Mission and the bayview Childrens Center and st. Anthonys and im pleased to have you here and look forward to grow those partnerships over the coming years and Financial Assistance is very much a part of program and an important part but really important that we look for opportunities to form deeper partnerships than that our employees are really enjoying the opportunity to share their time in the communities anticipate their expertise there is sometimes, you know, in doing gardening and korean and outlines things weve found times to share the expertise the legal communities or can be sound like engineers helping with a film or broadcast program or just been a fantastic way to learn about our new home and new neighborhood clapping. i want to close my remarks with a quote it is a quote from ray our founder ray continues to be an inspiration to all our employees around the world at dead on arrival by the always been an inspiration had an opportunity to see one of the early employees and worked with ray everybody the years and spent time in the building and at the end of his tour he tell me if ray were here he would love, love this new space that meant the world to me so i want to close with a quote from ray to be advertent our you have to be willing to live with a sense of uncertainty to work it this darkness and grow up for an answer to put up with anxiety about whether it is conceive he love that quote that quote politics to innovation and equally applies to life in general and applies to dead on arrival by the and the city of San Francisco that willingness to work introduce the uncertainty is what allows us a copy to evolve and thrive for having years and be opening this home when we have a pipeline of new experiences a. M. Doma where did world that is larger area large than any time in the history under mayor ed lee leadership 24 city continues to evolve and thrive under mayor lees leadership is mid market communicated we are a part ever is just really excited to watch the revitalization of this neighborhood we literally have the opportunity to watch that neighborhood transform before our eyes everyday so its my great pleasure to introduce mayor ed lee clapping. thank you wonderful wow. Thank you kevin for that wonderful explanation of ladies and gentlemen, you know as i was lincoln listening listening to kevin i have to tell you the image christmas has arrived early in San Francisco and you know kevin what christmas it is you know theres a gift right here that for a few moms you saw kevin describing some unwrapping of that gift and i know that supervisor kim and supervisor wiener join me many in unraveling a gift to San Francisco the revitalization of the mid market thats a gift but this one today begins we my acknowledgment perp and proofing as a person that comment cam to San Francisco and wanted to be part of the certify lists movement in terms of social values i know that jane kim and scott the same thing but thank you to the dead on arrival by the family and personally recognize ray theyve been initiative more 40 years the entire family thank you for this gift with kevin and with the entire collaboration of the employees that are seeing that this 0 on daily basis the things that supervisor kim and i and the supervisor sdpooud we came together to talk about what Market Street meant to us when i had my office a few blocks down and didnt smell or things i made myself a promise and relied that promise to the supervisors and good friends like randy shaw and others in the tenderloin some of the people he said you know if i have a chance i am good evening to do something i cant do it alone and the government cant but we did convene we invited like you have i want to say a woman welcome to all the local the regional and the International Artists in the room today because this is the home of dead on arrival by the art ive often learned that term clapping. youve been incredible i saw some of the images already of some of the incredible artist that has been and continue to be created by local bay area artists all over the regional to be shown and to be embraced here in the room and interacted with the students i am waiting for the tour of the lab that will be your invention when you have the incredible tenant we have blended that the science and arts im excited because ill definitely experience in tleerts and in venues like on the museums and jazz center the opera and the ballet because when dead on arrival by the started they were unveiled they were attached to the first incredible cinema experience we had star wars with george luke remember that the incredible turning down sound experience im to do that for our kids for all of you when we as a city blend art, survives and contingency science and communities that is what living in San Francisco perhaps is about or pretty much the majority off people came here with the blends so when we starting looking at Market Street we invited first and foremost a lot of art people to come art people are not afraid of anything laughter yeah, we said theyll look at space and reinvent and invite people to experience that and we invited our Arts Foundation and a number of art organizations that took over the city storefronts and tried something visually and they led the effort and gave us an incredible foundation which we invited them more entrepreneurs to come here and today, there is over 189 companies here a number of them, of course, took advantage of the payroll exception for the 5 blocks but deadline by the other two companies that didnt and we said they have some faith in what we wanted to contribute that tax before the accident a bacteria was a not the attraction about what theyre about what the gift theyre about to unwrap for all of us im as excited as those kids im looking at that this as a gift to me and the people that wanted this after the greatest street in our whole city to be a gift to the rest that blends art, science, and communities and guess what embodied in this company is those attributes not only the art the way it is prepared and the invitation by this incredible moving piece of art that is on the walls that kids will be able to actually help create thats an incredible contribution the employees the hours 2 thousand i suspect thousand in the future because everybody i think will want to have a connection with what dead on arrival by the it is isnt area phones it isnt sound but probably about the experience and having that blend in life science is at the heart of what you do and understanding that the citizenry of human nature is about science well burglary be an if i believe invitation to innovative innovate with all the labs it exists by the about what innovation is all about and ultimately you have that big heart it is what San Francisco really is about us sharing not only prosperity but your talent with each and in that sharing in that collaboration building on each other more success i think youre giving here and youre already collaboration with the new nonprofit youve made a few and some of them are incredible do incredible work like the Womens Audio Mission and st. Anthonys and be like all the guests youre touching want to be partners with the employees and the management of dead on arrival by the and then i think in after a year if you dont find me at city hall im still the mayor youll find me at some cinema within walking distance im excited to see the citizenries that millions of people all over the world i mean the world thats why console general is here he would looking love this technology to be embraced in china dead on arrival by the has a worldclass act they want to keep building a worldclass experience and this is example we as a city do we do this is why were building a brand new arena in mission bay thats why we invest in jobs and thats why people invest and have established wolf place but more art to come along Market Street and theres more investments in Small Businesses and Large Businesses every day every day the hundreds of employees here are actually causing highrise of more activities to be happening so that youre going to probably finds more small shops that your impact will have it is not just the 7 hundred but what you impact along the way that is what we enlighten when we the accident Market Street we said impact not Just Companies presence we wanted it to impactful so we have a municipaler of many things people walk into a Tenderloin Museum because that is where things are happening it will go down to the Market Street arts organizations and understand how Homeless People are treating their art to get a connection to the communities or south of market area with all the incredible inventions and innovations and have some of the best food along the way i want you, you to know not just the appreciation but hopefully, a vision of how we want to Work Together because in this incredible gift is something i think we all touch and share ill try with supervisor kim and anothers supervises to continue having Market Street be a ghettos for everyone and keep unwrapping gift after gift today it is dead on arrival by the and all the things we do and actually, the gives i want to explain how i was feeling before i go to the labs and before i visit i have incredible copy of that open space that people will see and visualize this is what Market Street is all about and in the center of our worldclass city things that will be so impactful to the rest of the worlds have it right here in the just an incredible gift so thank you to the dead on arrival by these and dead on arrival by the corporation thank you to the employees and all in their partners and nonprofits let me officially desire this to those dead on arrival by the day in San Francisco come on up kevin clapping. thank you. Congratulations. Thank you, thank you so much great i love it, it is dead on arrival by the day laughter well, lets please join me and lets on the building to the public and cut this ribbon clapping. hi whats our name nice to meet you. Tyler nice to meet i im kevin angle thank you for joining us today i need someone to hold this yeah. I dont know im sure their supposed to be delivered soon count down. Yeah. Should we had a count counsel down you like a count down can you help us 10, 9, 8, 7, 6, 5, 4, 3, 2, 1 yeah. clapping. welcome to the new home of dolby labr the annual celebration of hardly strictly bluegrass is always a hit now completing itself 12 year of music in the incredible golden gate park. This is just the best park to come to. Its safe. Its wonderful and such a fun time of the year. There is every kind of music you can imagine and can Wander Around and go from one stage to another and just have fun. 81 bands and six stages and no admission. This is hardly strictly bluegrass. I love music and peace. I think it represents what is great about the bay area. Everyone is here for the music and the experience. This is why i live here. The culture out here is amazing. Its San Francisco. This is a legacy of the old warren hel ment and receive necessary funding for ten years after his death. There is a legacy that started and its cool and hes done Something Wonderful for the city and were all grateful. Hopefully we will keep this thing going on for years and years to come. Supervisor london breed good afternoon, everyone. Welcome to the San Francisco board of supervi