\n“We are incredibly excited to incorporate WiSA E’s industry-leading audio software into our latest audio set-top box, the Video Soundbox (VSB),” said Olivier Taravel, Senior Executive VP – BU Audio Video Solutions at Sagemcom. “This integration provides consumers with the highest quality audio and wireless connectivity, perfectly complementing the suite of advanced video and smart features in our new VSB set-top box. Together, these elements offer an all-in-one AV solution that redefines home entertainment for our global customer base.”<\/p>\n
\nThe Sagemcom Video Soundbox offers consumers a streamlined and space-saving solution by combining a high-quality soundbar with a set-top box, delivering both enhanced audio and seamless access to digital TV and streaming services in one device. This all-in-one design reduces clutter, simplifies installation, and provides a cost-effective way to upgrade home entertainment systems without the need for multiple devices or complicated setups.<\/p>\n
\n“The integration of WiSA E software into Sagemcom\u2019s latest set-top box strongly validates our strategy of offering a wireless audio software solution to our customers,” said Brett Moyer, CEO at WiSA Technologies. “With WiSA E software, customers can seamlessly integrate high-quality multichannel audio, eliminating the need for a separate transmit hardware module and reducing the BOM (bill of material) cost of additional components. This is a win for both our customers and the consumers.”<\/p>\n
\nWiSA E provides significant benefits to both manufacturers and consumers. For manufacturers, it offers cost efficiency by eliminating the need for additional hardware, simplifies integration with existing designs, and accelerates time-to-market while allowing for flexible, updatable software solutions. For consumers, WiSA E allows end users to elevate their audio experience by adding rear speakers, including traditional rear left and right, as well as upfiring speakers for full Dolby Atmos support. The seamless connection of these WiSA E-enabled external speakers provides a convenient way to upgrade home audio systems, delivering an immersive audio experience with effortless setup.<\/p>\n
\nFor more information about Sagemcom\u2019s VSB, click here<\/a><\/p>\n \nFor more information about WiSA E technology, email Tony Parker, vice president of business development and strategy at tparker@wisatechnologies.com<\/a>.<\/p>\n \nAbout WiSA Technologies, Inc.<\/p>\n \nWiSA Technologies, Inc. (NASDAQ: 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\u2122 (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.<\/p>\n \nAbout the WiSA Association<\/p>\n \nWiSA\u00ae<\/sup> educates, evangelizes, and promotes solutions for spatial audio in the home. Working in collaboration with technology developed by WiSA Technologies, Inc., WiSA Association engages with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to make immersive audio an experience everyone can enjoy. WiSA, LLC – the Wireless Speaker and Audio Association – is a wholly owned subsidiary of WiSA Technologies, Inc. For more information about WiSA, please visit: www.wisatechnologies.com<\/a>.<\/p>\n \nAbout Sagemcom<\/p>\n \nThanks to the innovative solutions designed and built by our people, Sagemcom provides access to broadband Internet, entertainment and managed energy supply to the greatest number all over the world. As a \u201cmission-driven company\u201d since January 2022, Sagemcom makes sure that the design, construction and use of these solutions are sustainable, and fulfil the environmental and societal commitments that are known and shared by all our employees, partners and stakeholders. Sagemcom is 30% owned by its employees, achieves over \u20ac3 billion turnover, is world leader in its markets, has been profitable since it was founded, and has been growing continuously since 2016. www.sagemcom.com<\/a><\/p>\n \nCautionary Note Regarding Forward-Looking Statements<\/p>\n \nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, include, among others, the Company\u2019s and Data Vault Holdings, Inc.\u2019s expectations with respect to the closing of its proposed asset purchase between them (the \u201cDataVault Asset Purchase\u201d), the timing of the Company\u2019s name change, the Company\u2019s and CSI\u2019s expectations with respect to the proposed acquisition of CSI by the Company (the \u201cAcquisition\u201d), 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\u2019s and CSI\u2019s projected future results and market opportunities, as well as information with respect to WiSA\u2019s 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\u2019s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, WiSA\u2019s ability to continue as a going concern, WiSA\u2019s ability to maintain the listing of its common stock on Nasdaq, WiSA\u2019s ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, WiSA\u2019s ability to predict its rate of growth, WiSA\u2019s ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting WiSA\u2019s customers\u2019 end markets, WiSA\u2019s ability to hire, retain and motivate employees, the effects of competition on WiSA\u2019s 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\u2019s ability to close the Asset Purchase in a timely manner or at all, or on the terms anticipated, whether due to WiSA\u2019s ability to satisfy the applicable closing or otherwise, as well as risks related to WiSA\u2019s ability to realize some or all of the anticipated benefits from the DataVault Asset Purchase, (iii) risks related to the Acquisition, including WiSA\u2019s ability to close the Acquisition in a timely manner or at all, or on the terms anticipated, whether due to WiSA\u2019s ability to satisfy the applicable closing or otherwise, as well as risks related to WiSA\u2019s 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\u2019s 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.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250103961099\/en\/<\/a><\/span><\/p>\n \nInvestors Contact:<\/p>\n \nDavid Barnard, Alliance Advisors Investor Relations, 415-433-3777 KEYWORDS:<\/b> California Oregon United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Data Management Consumer Electronics Technology Other Technology Audio\/Video Mobile\/Wireless Software<\/p>\n<\/p>\n
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dbarnard@allianceadvisors.com<\/a><\/p>\n
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