WiSA Wave attracted nearly 1 million consumers in Q4 to WiSA websites for holiday shopping, the association expects 3-5 million consumers to visit in 2022

In anticipation of new technology launches and the expansion of WiSA Wave in Europe and China, WiSA is launching a new website, www.wisatechnologies.com

SAN JOSE, California, January 13, 2022– (COMMERCIAL THREAD) –WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced the URL for its new website, www.wisatechnologies.com, which will serve as the primary site to promote WiSA products and expand category marketing initiatives. The new URL comes after a year of unprecedented growth in web traffic and in preparation for the launch of new technologies and partnerships.

The WiSA Wave program continued to drive significant consumer education with nearly 1 million visitors in the fourth quarter and 2 million for 2021. Consumers actively researched products from leading WiSA member brands and purchased from certified retailers. WiSA. WiSA predicts that traffic to wisatechnologies.com will increase from 3 to 5 million visitors to its website in 2022.

The WiSA Wave program provided significant web traffic performance:

  • 2.1 million consumers were referred to WiSA websites in 2021.

  • Almost one million consumers visited WiSA’s websites in the fourth quarter.

  • Every day, more than 10,000 consumers are informed about WiSA Certified ™ products and wireless home theater components.

  • Almost 40,000 consumers continued to shop in Q4 2021 by connecting directly to member websites for more product information or to WiSA resellers including B&H Photo, Beach Camera, BuyDig, Focus Camera, Walt’s TV, Electronic Express, Newegg, Target and Amazon.

WiSA’s momentum accelerated in 2021 with the launch of the WiSA Certified ™ Retailer Program, which now has online storefronts, continued expansion of the Consumer Electronics category through dedicated marketing, new training offerings and planned expansion in China and Europe in 2022.

“Impactful initiatives such as our WiSA Certified and WiSA Wave Certified Retailer program, coupled with several awards for our WiSA SoundSend wireless audio transmitter and further growth in the list of WiSA Certified and WiSA Ready ™ products continue to fuel our worldwide expansion, ”said Tony Ostrom, president of WiSA. “We are proud to have exceeded our marketing goals for 2021, and 2022 offers an opportunity to deliver immersive wireless sound on a global scale. “

To learn more about WiSA and explore its product offering and new website, visit www.wisatechnologies.com.

About WiSA, LLC

WiSA® educates, evangelizes and promotes solutions for spatial audio at home. Working in conjunction with technology developed by Summit Wireless Technologies, WiSA engages with leading consumer electronics companies, technology providers, retailers and ecosystem partners to make immersive audio an experience that everyone can benefit. WiSA, LLC – the Wireless Speaker and Audio Association – is a wholly owned subsidiary of Summit Wireless Technologies, Inc. For more information about WiSA, please visit: www.wisatechnologies.com.

About Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) is the developer of spatial and wireless sound technology for next-generation smart devices and home entertainment systems marketed under the WiSA brand. Summit’s technology delivers immersive audio experiences for high definition content including movies & videos, music, sports, games / esports, and more. Headquartered in San Jose, California, Summit Wireless has sales teams in Taiwan, China, Japan and Korea. For more information, please visit: www.summitwireless.com.

* WiSA Ready TVs, gaming PCs, and consoles are “ready” to stream 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 televisions.

© 2022 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 and certification marks of WiSA, LLC. Trade names, trademarks and product names of third parties are the intellectual property of their respective owners.

Safe Harbor Declaration

This press release contains forward-looking statements, which are not historical facts within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as ‘fine. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by using words such as “may”, “could”, “expect”, “intend”, “plan”, “seek”, “anticipate” , “Believe”, “estimate”, “predict”, “potential”, “continue”, “probably”, “will”, “will” and variations of these terms and similar expressions, or the negative of these terms or expressions similar. These forward-looking statements are necessarily based on estimates and assumptions which, while believed to be reasonable by us and our management, are inherently uncertain. Therefore, 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 due to the risks and uncertainties affecting the business of Summit Wireless, including the current macroeconomic uncertainties associated with the COVID-19 pandemic, our inability to predict or measure the supply chain disruptions resulting from the COVID-19 pandemic and other factors, our ability to predict when winning designs go into production and the potential future revenue associated with our winning designs; our rate of growth; our ability to forecast customer demand for our existing and future products and to ensure adequate manufacturing capacity; consumer demand conditions affecting our customers’ end markets; our ability to hire, retain and motivate employees; the effects of competition, including price competition; technological, regulatory and legal developments; economic and financial market developments and other risks detailed from time to time in documents filed by Summit Wireless with the Securities and Exchange Commission.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220113005180/en/

Contacts

Sarah Cox, Same PR for WiSA, 765.546.1036, [email protected]
Tony Ostrom, WiSA Association, 317.385.1539, [email protected]

About Stuart M. McFarland

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