This is a Sounds Effects Plugin to provide cool sonic effects to your music and thus blow your mind. In order for said mind to be blown, you must have Encore Music installed.
DSP Suite for Encore Music is a port of OmniROM's https://github.com/omnirom/android_packages_apps_DSPManager">DSPManager.
XDA Support Forum: http://forum.xda-developers.com/apps/encore-music/dsp-suite-plug-encore-music-t3176091