Claim: American audio equipment company (founded by Bill Thompson and Dave Malloy) Ashly Audio developed power amplifiers for THX certified movie theater sound systems.
Evidence: Ashly Audio is an American audio equipment company founded by Bill Thompson and Dave Malloy in 1974. Ashly developed power amplifiers using MOS-FET technology. Their amplifiers were the first to be approved by Lucasfilms for THX certified movie theater sound systems.