CORRECTING and REPLACING WiSA’s CES Partners Highlight WiSA E Software in Diverse Use Cases and Implementations Across the Audio Ecosystem

By: WiSA Technologies, Inc. via Business Wire

January 07, 2025 at 21:06 PM EST

Innovative audio solutions empower partners to captivate consumers, unlocking fresh revenue streams and enhancing the listening experience

Please replace the release dated January 6, 2025 with the following corrected version due to multiple revisions to the first paragraph and "Cautionary Note Regarding Forward-Looking Statements."

The updated release reads:

WISA’S CES PARTNERS HIGHLIGHT WISA E SOFTWARE IN DIVERSE USE CASES AND IMPLEMENTATIONS ACROSS THE AUDIO ECOSYSTEM

Innovative audio solutions empower partners to captivate consumers, unlocking fresh revenue streams and enhancing the listening experience

WiSA Technologies, Inc. (“WiSA Technologies,” “WiSA” or the “Company”) (NASDAQ: WISA), which closed its acquisition of Datavault^® intellectual property and information technology assets of privately held Data Vault Holdings Inc.^® on December 31, 2024 and anticipates changing its name to Datavault Inc. and ticker symbol to ADIO in January 2025, announces its lineup of five compelling immersive wireless audio demonstrations in their suite at CES 2025. These demonstrations highlight the versatility of WiSA E technology across a wide range of applications and use cases, emphasizing its exceptional functionality, performance, and reliability. From next-generation home theater solutions to direct to speaker multi-room streaming capability, WiSA Technologies continues to set the standard for seamless, high-quality wireless audio experiences. Demonstrations will be shown at the WiSA suite at the Venetian in Las Vegas.

"We are thrilled to collaborate with such esteemed industry partners who are leveraging WiSA E technology to create innovative and powerful wireless immersive audio demonstrations," said Tony Parker, Vice President of Business Development and Strategy at WiSA Technologies. "Their groundbreaking work not only highlights the versatility and performance of WiSA E but also showcases the incredible potential of these solutions to elevate the audio experience for consumers worldwide, while opening new opportunities to capture market share and revenue.”

WiSA E partner demonstrations include:

1. TYMPHANY - Compact Spatial Audio Satellite Speakers Reference Design

Wireless Connectivity: WiSA-powered 4-speaker, 8-channel setup
Acoustic: With special designed waveguide and unique SA FlowDSP tuning
Future-Ready Design: Supports Dolby Flex Connect & Fraunhofer Up-Hear

“WiSA E provides a powerful immersive audio platform that allows us to offer a feature-rich reference design to our speaker customers,” says Tony Liao, R&D Head, TYMPHANY.

2. Luxshare - Sound Bar PCB Reference Design

Multichannel Dolby ATMOS soundbar for home theater application
Satellite speakers with upfiring audio channels for true immersive experience

“WiSA technology has elevated our Dolby ATMOS soundbar reference design, enabling seamless multichannel sound with satellite speakers that deliver a truly immersive home theater experience," says Yuan Huang, ABG Product Manager, Luxshare.

3. Rayleigh Labs’ 5.1 Jamo Speaker System

5.1 home theater discrete speaker system with 6 wireless audio channels
Discrete speakers are Dolby ATMOS ready with upfiring drivers built-in

"WiSA technology has transformed our 5.1 home theater with wireless audio, delivering stunning Dolby ATMOS-ready sound that's immersive and hassle-free,” says Thomas Li, CEO, Raleigh Labs.

4. Realtek – Set-top Box Software Development Kit – 5.1 demonstration

Turnkey wireless multi-channel spatial audio solution
Zero transmitter BOM cost additions

“WiSA technology powers our Android set-top box SDK with a turnkey multichannel audio solution and zero added transmitter costs, which opens up a new chapter for in-home audiovisual entertainment,” says Frank Tsai, Digital Home Director, Realtek.

WiSA E Demonstrations at CES 2025

Visit WiSA Technologies suite at the Venetian, Tue, Jan 7– Fri, Jan 10, 2025. For more information about all the WiSA E-enabled demos at CES 2025, contact Tony Parker, vice president of Business Development and Strategy at tparker@wisatechnologies.com or James Cheng at jcheng@wisatechologies.com.

About WiSA Technologies, Inc.

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; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. WiSA Technologies, Inc. is a founding member of WiSA™ (the Wireless Speaker and Audio Association) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies, Inc. The company is headquartered in Beaverton, OR with sales teams in Taiwan, China, Japan, Korea, and California.

About Data Vault Holdings Inc.

Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of blockchain objects. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange^® (IDE). The company is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. Datavault Inc. and True Luck, Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. at www.datavaultsite.com.

Cautionary Note Regarding Forward-Looking Statements

This press release of WiSA Technologies contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, include, among others, the Company’s expectations with respect to the completed asset purchase (the “Asset Purchase”), including statements regarding the benefits of the Asset Purchase, the implied valuation of the Company, the products offered by the Company and the markets in which it operates, and the Company’s projected future results and market opportunities, as well as information with respect to WiSA’s future operating results and business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting WiSA’s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, WiSA’s ability to continue as a going concern, WiSA’s ability to maintain the listing of its common stock on Nasdaq, WiSA’s ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, WiSA’s ability to predict its rate of growth, WiSA’s ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting WiSA’s customers’ end markets, WiSA’s ability to hire, retain and motivate employees, the effects of competition on WiSA’s business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, and potential harm caused by software defects, computer viruses and development delays, (ii) , risks related to WiSA’s ability to realize some or all of the anticipated benefits from the Asset Purchase, any risks that may adversely affect the business, financial condition and results of operations of WiSA after the completion of the Asset Purchase, including but not limited to cybersecurity risks, the potential for AI design and usage errors, risks related to regulatory compliance and costs, potential harm caused by data privacy breaches, digital business interruption and geopolitical risks, and (iii) other risks as set forth from time to time in WiSA’s filings with the U.S. Securities and Exchange Commission. The information in this press release is as of the date hereof and neither the Company nor Datavault undertakes any obligation to update such information unless required to do so by law. The reader is cautioned not to place under reliance on forward looking statements. The Company does not give any assurance that the Company will achieve its expectations.