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WiSA Technologies has issued a correction to their January 6, 2025 press release regarding their CES partners’ implementations of WiSA E software. The correction primarily addresses revisions to the first paragraph and the cautionary note section. The updated release highlights how WiSA’s innovative audio solutions are enabling partners to engage consumers while creating new revenue opportunities and improving audio experiences. The announcement was made from their Beaverton, Oregon headquarters.
WiSA Technologies ha pubblicato una correzione al loro comunicato stampa del 6 gennaio 2025 riguardante le implementazioni del software WiSA E da parte dei partner di CES. La correzione riguarda principalmente le revisioni al primo paragrafo e alla sezione delle note cautelative. Il comunicato aggiornato evidenzia come le soluzioni audio innovative di WiSA stiano permettendo ai partner di coinvolgere i consumatori, creando nuove opportunità di guadagno e migliorando le esperienze audio. L’annuncio è stato fatto dalla loro sede centrale a Beaverton, Oregon.
WiSA Technologies ha emitido una corrección a su comunicado de prensa del 6 de enero de 2025 sobre las implementaciones de sus socios de CES del software WiSA E. La corrección aborda principalmente revisiones al primer párrafo y la sección de advertencias. El comunicado actualizado destaca cómo las soluciones de audio innovadoras de WiSA están permitiendo a los socios involucrar a los consumidores, creando nuevas oportunidades de ingresos y mejorando las experiencias de audio. El anuncio se realizó desde su sede en Beaverton, Oregón.
WiSA Technologies는 2025년 1월 6일 발표한 CES 파트너들의 WiSA E 소프트웨어 구현 관련 보도자료에 대한 수정 사항을 발표했습니다. 이 수정 사항은 주로 첫 번째 문단과 주의 사항 섹션의 수정에 관한 것입니다. 업데이트된 보도자료는 WiSA의 혁신적인 오디오 솔루션이 파트너들이 소비자와 소통하고 새로운 수익 기회를 창출하며 오디오 경험을 향상시키는 데 어떻게 기여하고 있는지를 강조합니다. 발표는 오리건주 비버튼에 있는 본사에서 이루어졌습니다.
WiSA Technologies a publié une correction à son communiqué de presse du 6 janvier 2025 concernant les mises en œuvre du logiciel WiSA E par ses partenaires de CES. La correction concerne principalement les révisions du premier paragraphe et la section des notes d’avertissement. Le communiqué mis à jour met en avant comment les solutions audio innovantes de WiSA permettent aux partenaires d’impliquer les consommateurs tout en créant de nouvelles opportunités de revenus et en améliorant les expériences audio. L’annonce a été faite depuis leur siège à Beaverton, dans l’Oregon.
WiSA Technologies hat eine Korrektur zu ihrer Pressemitteilung vom 6. Januar 2025 zu den Implementierungen des WiSA E Software durch ihre CES-Partner herausgegeben. Die Korrektur bezieht sich hauptsächlich auf Überarbeitungen des ersten Absatzes und des Abschnitts über Warnhinweise. Die aktualisierte Mitteilung hebt hervor, wie die innovativen Audio-Lösungen von WiSA es den Partnern ermöglichen, Verbraucher zu erreichen, während neue Einnahmequellen geschaffen und das Audioerlebnis verbessert werden. Die Ankündigung wurde von ihrem Hauptsitz in Beaverton, Oregon, gemacht.
Innovative audio solutions empower partners to captivate consumers, unlocking fresh revenue streams and enhancing the listening experience
BEAVERTON, Ore.–(BUSINESS WIRE)– 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250106247772/en/
Investors Contact:
David Barnard, Alliance Advisors Investor Relations, 415-433-3777, dbarnard@allianceadvisors.com
Source: WiSA Technologies, Inc.
FAQ
What changes were made to WiSA’s CES partners announcement on January 6, 2025?
WiSA issued corrections to the first paragraph and cautionary note section of their original press release about CES partners’ WiSA E software implementations.
How is WiSA E software being implemented across the audio ecosystem?
WiSA E software is being implemented through diverse use cases by CES partners to enhance consumer audio experiences and create new revenue streams.
What are the key benefits of WiSA E software for partners?
WiSA E software enables partners to captivate consumers, unlock new revenue opportunities, and enhance the overall listening experience.
Where was the WiSA CES partners announcement made?
The announcement was made from WiSA’s headquarters in Beaverton, Oregon.
