\nWiSA Technologies, Inc. (\u201cWiSA Technologies,\u201d \u201cWiSA\u201d or the \u201cCompany\u201d) (NASDAQ: WISA), which anticipates closing its acquisition of Datavault\u00ae intellectual property and information technology assets of privately held Data Vault Holdings Inc.\u00ae 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.<\/p>\n
\n“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.\u201d<\/p>\n
\nWiSA E partner demonstrations include:<\/p>\n
1. TYMPHANY – Compact Spatial Audio Satellite Speakers Reference Design<\/b><\/p>\n \u201cWiSA E provides a powerful immersive audio platform that allows us to offer a feature-rich reference design to our speaker customers,\u201d says Tony Liao, R&D Head, TYMPHANY.<\/i><\/p>\n 2. Luxshare – Sound Bar PCB Reference Design<\/b><\/p>\n \u201c<\/i>W<\/i>iSA 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.<\/i><\/p>\n 3. Rayleigh Labs\u2019 5.1 Jamo Speaker System<\/b><\/p>\n “WiSA technology has transformed our 5.1 home theater with wireless audio, delivering stunning Dolby ATMOS-ready sound that’s immersive and hassle-free,\u201d says Thomas Li, CEO, Raleigh Labs.<\/i><\/p>\n 4. Realtek \u2013 Set-top Box Software Development Kit \u2013 5.1 demonstration<\/b><\/p>\n \u201cWiSA 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,\u201d says Frank Tsai, Digital Home Director, Realtek.<\/i><\/p>\n WiSA E Demonstrations at CES 2025<\/b><\/p>\n \nVisit WiSA Technologies suite at the Venetian, Tue, Jan 7\u2013 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<\/a> or James Cheng at jcheng@wisatechologies.com<\/a>.<\/p>\n \nAbout WiSA Technologies, Inc.<\/p>\n \nWiSA 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 Data Vault Holdings Inc.<\/p>\n \nData 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\u00ae (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<\/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\/20250106247772\/en\/<\/a><\/span><\/p>\n \nInvestors Contact: KEYWORDS:<\/b> Oregon United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Blockchain Software Audio\/Video Hardware Data Management Consumer Electronics Technology Mobile\/Wireless<\/p>\n\n
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David Barnard, Alliance Advisors Investor Relations, 415-433-3777, dbarnard@allianceadvisors.com<\/a><\/p>\n
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