The company's unique and innovative technology enables seamless integration across platforms and devices, setting a new standard for interoperable high-quality audio.
Beaverton, Oregon, May 15, 2024–(BUSINESS WIRE)–WiSA Technologies, Inc. (NASDAQ: WISA), a leading innovator of wireless audio technology for intelligent devices and next-generation home entertainment systems, is a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems. TV, projector, and set-top manufacturers that license WiSA E technology. We are pleased to report that five of his WiSA E-licenses have been signed with leading brands in each category, and three more global brands are currently considering WiSA E-licensing agreements. The first WiSA E-enabled products are expected to be delivered in late 2024.
“WiSA E is designed to work with all mainstream processors, operating systems, and Wi-Fi chips, and seamlessly integrates with TVs, set-top boxes, and projectors without adding additional parts or BOM costs. ,” said Tony Ostrom, president of the company. WiSA Association. “WiSA E’s universal quality is what makes it so attractive to customers. Already, five major brands have signed licensing agreements, and more will soon follow. We are planning to conclude a license agreement.”
WiSA E has strong traction in the market due to its universality of implementation and ubiquitous interoperability.
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System-on-chip (SoC) independent
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Compatible with a wide range of SoCs including MediaTek, Qualcomm, Espressif, Amlogic, Realtek, Sunplus, and more.
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Operating system independent
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Wi-Fi independent
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device independent
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It integrates seamlessly into TVs, mobile devices, set-top boxes, and projectors.
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interoperable
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WiSA E is designed for interoperability between WiSA E audio source devices and WiSA E audio playback equipment such as speakers, soundbars, subwoofers, smart speakers, and headphones.
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BOM (Bill of Materials) Zero cost
For more information about WiSA E Technology or the WiSA E Licensing Program, please contact Tony Ostrom, Chairman of the WiSA Association, at tostrom@wisatechnologies.com.
For more information about WiSA Association, please visit www.wisatechnologies.com/wisa-association.
About WiSA Association
WiSA® educates, promotes and promotes spatial audio solutions for the home. In conjunction with technology developed by WiSA Technologies, Inc., the WiSA Association works with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to create an immersive audio experience that everyone can enjoy. It has come true. WiSA, LLC (Wireless Speaker and Audio Association) is a wholly owned subsidiary of WiSA Technologies, Inc. For more information about WiSA, please visit www.wisatechnologies.com.
About WiSA Technologies Co., Ltd.
WiSA Technologies, Inc. (NASDAQ: WISA) is a leading provider of immersive wireless sound technology for intelligent devices and next-generation home entertainment systems. A division of Samsung, he works with leading CE brands and manufacturers such as Harman International. LG; Hisense. TCL; Bang & Olufsen. Platinum Audio; the company provides an immersive wireless sound experience for high-definition content including movies and videos, music, sports, gaming/esports, and more. WiSA Technologies, Inc. is a founding member of WiSA™ (Wireless Speaker and Audio Association), whose mission is to define interoperability standards for wireless audio and to support leading consumer electronics companies, technology providers, and retailers. , to collaborate with ecosystem partners to drive adoption and adoption. We are developing the spatial audio technology market led by WiSA Technologies, Inc. The company is headquartered in Beaverton, Oregon, with sales teams in Taiwan, China, Japan, South Korea and California.
© 2024 WiSA Technologies, Inc. All rights reserved. WiSA Technologies, Inc. and the WiSA Technologies, Inc. logo are trademarks of his WiSA Technologies, Inc. The WiSA logo, WiSA®, is a trademark and certification mark of WiSA, LLC. Third party trade names, trademarks, and product names are the intellectual property of their respective owners.
Safe Harbor Statement
This press release contains forward-looking statements that are not historical facts within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements include statements such as “may,” “might,” “expect,” “intend,” “plan,” “seek,” “anticipate,” or “believe.” , “'estimate,' 'predict,' 'may,' 'continue,' 'likely,' 'will,' 'would,' and similar terms.” Variations of expressions or negative forms of these terms or similar expressions. Any such forward-looking statements, including in this document regarding our business opportunities and prospects, production dates, future revenues, licensing commitments and expectations, are necessarily those that are believed to be reasonable by us and our management. are based on estimates and assumptions that are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated in these forward-looking statements as a result of risks and uncertainties, particularly regarding: Timeline for such implementation. our current liquidity position and need for additional financing to support our continued operations; general market, economic and other conditions; ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; Ability to control costs and execute operational and budget plans. ability to achieve financial goals; and other risks more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release and, unless required by government, the Company reserves the right to make any changes contained in this press release based on new information, future events or otherwise. We undertake no obligation to update any forward-looking statements. Law.
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contact address
For information about the WiSA E-licensing program or the WiSA Association, please contact Tony Ostrom at tostrom@wisatechnologies.com.
For investor relations inquiries, please contact: David Barnard, LHA Investor Relations, 415-433-3777, wisa@lhai.com
