WiSA Technologies, Inc. (“WiSA Technologies,” “WiSA” or the “Company”) (NASDAQ: WISA), which anticipates closing its acquisition of Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® and 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 2024, 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 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 and Data Vault Holdings, Inc.’s expectations with respect to the closing of its proposed asset purchase between them (the “DataVault Asset Purchase”), the timing of the Company’s name change, the Company’s and CSI’s expectations with respect to the proposed acquisition of CSI by the Company (the “Acquisition”), including statements regarding the benefits of the Acquisition, the anticipated timing of the Acquisition, the implied valuation of CSI, the products offered by CSI and the markets in which it operates, and the Company’s and CSI’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 the DataVault Asset Purchase, including WiSA’s ability to close the Asset Purchase in a timely manner or at all, or on the terms anticipated, whether due to WiSA’s ability to satisfy the applicable closing or otherwise, as well as risks related to WiSA’s ability to realize some or all of the anticipated benefits from the DataVault Asset Purchase, (iii) risks related to the Acquisition, including WiSA’s ability to close the Acquisition in a timely manner or at all, or on the terms anticipated, whether due to WiSA’s ability to satisfy the applicable closing or otherwise, as well as risks related to WiSA’s ability to realize some or all of the anticipated benefits from the Acquisition, any risks that may adversely affect the business, financial condition and results of operations of CSI, 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 (iv) 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 CSI 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. Neither the Company nor CSI gives any assurance that either the Company or CSI will achieve its expectations.
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