WiSA Expands to 6 Leading Global TV Manufacturers

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TV Brands Toshiba and Fengmi Join LG Electronics, Sharp, TCL, and Bang & Olufsen to Embrace the WiSA Immersive Audio Standard

SAN JOSE, Calif.--(BUSINESS WIRE)-- WiSA® LLC, the Wireless Speaker and Audio Association founded by Summit Wireless Technologies (NASDAQ: WISA), comprised of more than 60 leading consumer electronics brands, today announced it has expanded its reach to 6 top, global TV manufacturers. Its newest members include Compal, which ships TVs under the Toshiba brand, and Fengmi, an Xiaomi Technology ecosystem company and leading laser projection TV manufacturer. Together, they join LG Electronics, Foxconn, TCL, and Bang & Olufsen as WiSA members to bring hi-definition, multi-channel audio to the home entertainment experience.

“Given the support of 6 leading global TV brands, and with millions of WiSA Ready™* systems coming to market this year, the industry continues to embrace the technology standards we’re championing,” noted Tony Ostrom, president of WiSA. “Additionally, later this year, we anticipate the launch of 8K TVs, which will be compatible with a number of WiSA USB Transmitters and all WiSA Certified™ speakers from WiSA members. We’re excited by the momentum and forthcoming milestones of the second half of the year.”

All WiSA Certified and WiSA Ready components work together seamlessly to deliver wireless, multi-channel audio and authentic home theater sound that immerses the listener into the epicenter of movies and video, music, sports, gaming/esports, and more. As a result, consumers can expect an audiophile experience, but unlike traditional audio systems, set up is simple and takes just minutes, even for larger 5.1 and 7.1 setups.

The WiSA Association and its members are committed to revolutionizing the home entertainment experience by delivering immersive, uncompressed, high-definition, multichannel sound through the universal standards established and certified by the WiSA Association. For more information about the WiSA Association, its technology and products, please visit www.wisaassociation.org.

About WiSA, LLC

WiSA, the (Wireless Speaker and Audio) Association is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. WiSA Certified components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more. WiSA also ensures robust, high definition, multi-channel, low latency audio while eliminating the complicated set-up of traditional audio systems. For more information about WiSA, please visit: www.wisaassociation.org.

About Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung, LG Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless, formerly named Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information, please visit: www.summitwireless.com.

* WiSA Ready TVs, gaming PCs and console systems are “ready” to transmit audio to WiSA Certified speakers when a WiSA USB Transmitter is plugged in and a user interface is activated through an APP or product design like LG TVs.

© 2019 Summit Wireless Technologies, Inc. All rights reserved. Summit Wireless Technologies and the Summit Wireless logo are trademarks of Summit Wireless Technologies, Inc. The WiSA logo, WiSA, WiSA Ready, and WiSA Certified are trademarks, or certification marks of WiSA LLC. Third-party trade names, trademarks and product names are the intellectual property of their respective owners and product names are the intellectual property of their respective owners.

Laurie Thornton
Radiate PR for WiSA and Summit Wireless Technologies
650.743.6487
laurie@radiatepr.com

Mary Magnani or Kirsten Chapman
LHA Investor Relations for Summit Wireless Technologies
415.433.3777
summit@lhai.com

Source: Summit Wireless Technologies, Inc.

Released June 26, 2019