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Panorama is a specialized tool for creating "stunningly realistic" 3-D audio scenes. The DSP technology in Panorama reproduces psychoacoustic sound localization and distance cues, allowing you to pan sounds in three dimensions: not just left and right, but up, down, front, back, near, and far. Panorama combines 3-D audio panning with acoustic environment modeling, including wall reflections, reverberation, distance modeling, and the Doppler pitch effect.
While primarily intended for headphone listening, Panorama also includes a crosstalk canceller for playback over conventional stereo loudspeakers.