WiSA Wave Promoting Program Effects in Document Customer Website traffic and is Expected to Exceed 1 Million Buyers in 2021

WiSA LLC, the Wireless Speaker and Audio Association started by Summit Wireless Technologies (NASDAQ: WISA), today announced the WiSA Wave, a software that provides customized electronic promoting strategies and obtain to the Associations sturdy purchaser databases and analytics, has pushed significant shopper world-wide-web site visitors given that formally launching on September 1, 2020. The Affiliation jobs www.wisaassociation.org internet site targeted traffic to arrive at over 1 million site guests in 2021.

WiSA Wave Drives Important World-wide-web Targeted traffic Functionality

  • 185,000+ shoppers ended up driven to web-sites for WiSA or brand and shops in Q420 compared to 99,500 in Q320 and 47,000 in Q220.
  • Buyers applied WiSA for Xmas shopping analysis as returning visitors achieved 20% of all of the Associations internet targeted traffic during the significant retail interval of November 25 to December 15.
  • 61,400+ individuals ongoing their purchasing and investigation by clicking to a suppliers web site (Amazon, Finest Invest in, B&H Photo, Newegg) or a customers web page.
  • 2,000+ customers are now remaining educated day-to-day on WiSA Certified„¢ goods and wi-fi home cinema elements.

WiSA Wave ads are intended to engage and educate the property theater shopper pertaining to WiSA and WiSA Accredited merchandise like landing web pages, focusing on the following:

As clever Television set income continue on to improve, additional immersive content material flows into our properties from several companies, and shoppers construct out their nests for additional excellent time at residence, WiSA is positioned to aid its customers like LG, Hisense, Klipsch, Enclave Audio, and Savant teach and hook up with a increasing selection of fans, said Tony Ostrom, President of WiSA. Our viewers is intrigued in simplified, impressive, immersive property cinema systems and WiSA Wave aids the Affiliation in more growing into a buyer-going through cornerstone of wi-fi home theater enjoyment by presenting members with person-helpful electronic promoting capabilities.

WiSA collaborates with in excess of 70 customer electronic companies and gives buyers with precise way for acquiring home cinema audio systems. The Affiliation is continuing to drive interoperability and incorporate items from a number of brands and products groups, like TVs, transmitters and speakers, to leverage the wide abilities of WiSA Certified products and solutions to establish perfect programs across a number of selling price details. And by spearheading the advertising and marketing and messaging of the wireless residence cinema classification, WiSA is garnering actionable analytics that are ensuing in spikes in revenue for its customers.

WiSA Association Meetings for Customers and Members Agencies

WiSA Association is setting up a series of Wave Classes with the to start with two developing on Wednesday, January 27 at 10 a.m. and 8 p.m. Eastern Time. Domestic and worldwide attendees will hear from the Association on what it is realized from the WiSA Wave system and how one particular can optimize their WiSA similar advertising and sales initiatives.

About WiSA, LLC

WiSA, the Wi-fi Speaker and Audio Association, is a buyer electronics consortium dedicated to generating interoperability specifications utilized by main makes and makers to deliver immersive audio by using intelligent products. WiSA Certified„¢ components from any member brand can be blended to significantly maximize the pleasure of motion pictures and video clip, songs, sporting activities, gaming/esports, and more. WiSA also brings together sturdy, superior definition, multi-channel, reduced latency surround sound with the uncomplicated set up of a soundbar. For additional details about WiSA, be sure to check out: www.wisaassociation.org.

About Summit Wireless Technologies, Inc.

Summit Wi-fi Technologies, Inc. (NASDAQ: WISA) is a top company of immersive, wireless seem know-how for smart units and upcoming era dwelling amusement programs. Functioning with leading CE brand names and makers these kinds of as Harman Worldwide, a division of Samsung, LG Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, Hisense and others, Summit Wi-fi delivers seamless, dynamic audio ordeals for large-definition information, including movies and online video, audio, sports activities, gaming/esports, and extra. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Affiliation and will work in joint partnership to winner the most trustworthy interoperability specifications throughout the audio field. Summit Wi-fi, previously named Summit Semiconductor, Inc., is headquartered in San Jose, CA with income groups in Taiwan, China, Japan, and Korea. For more information and facts about Summit Wi-fi Systems, Inc., you should pay a visit to: www.summitwireless.com.

* WiSA Ready TVs, gaming PCs and console systems are prepared to transmit audio to WiSA Accredited speakers when a WiSA USB Transmitter is plugged in and a person interface is activated by means of an App or item style and design like LG TVs.

2021 Summit Wireless Systems, Inc. All rights reserved. Summit Wireless Systems and the Summit Wi-fi brand are logos of Summit Wi-fi Systems, Inc. The WiSA emblem, WiSA, WiSA Ready„¢, and WiSA Certified„¢ are trademarks and certification marks of WiSA, LLC. Third-get together trade names, logos and products names are the intellectual house of their respective owners.

Safe Harbor Statement

This push launch incorporates forward-searching statements, which are not historic facts, in just the this means of Segment 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Trade Act of 1934, as amended. Our real outcomes, efficiency or achievements might differ materially from those expressed or implied by these ahead-hunting statements. In some situations, you can recognize forward-hunting statements by the use of words and phrases such as might, could, hope, intend, program, seek, foresee, believe that, estimate, forecast, likely, continue on, possible, will, would and variations of these phrases and identical expressions, or the destructive of these conditions or very similar expressions. Such ahead-searching statements are necessarily dependent upon estimates and assumptions that, even though viewed as realistic by us and our management, are inherently unsure. As a consequence, readers are cautioned not to place undue reliance on these forward-wanting statements. Genuine final results may well vary materially from all those indicated by these ahead-hunting statements as a end result of risks and uncertainties impacting Summit Wi-fi organization which includes, present-day macroeconomic uncertainties connected with the COVID-19 pandemic, our means to predict the timing of design and style wins coming into production and the likely long term income involved with our design and style wins our fee of expansion our skill to predict purchaser need for our existing and future solutions and to safe sufficient manufacturing capacity client need situations affecting our customers close markets our potential to use, keep and encourage workforce the consequences of opposition, like value level of competition technological, regulatory and authorized developments developments in the financial state and financial marketplaces and other challenges detailed from time to time in Summit Wireless filings with the Securities and Exchange Fee.

Sarah Cox, Dittoe PR for WiSA, 765.546.1036, [email protected]

Keith Washo, WiSA Affiliation, 984.349.272, [email protected]