WiSA Technologies, Inc. (NASDAQ: WISA), a leading provider of
immersive wireless sound technology for intelligent devices and
next-generation home entertainment systems, will demonstrate a new
Dolby Atmos soundbar system platform for the first time at the
Consumer Electronics Show (CES) in Las Vegas from January 5-7. The
platform, powered by WiSA DS technology, is designed to allow WiSA
member brands to create soundbar systems with four channels of true
up-firing Dolby Atmos sound at velocity retail price points as low
as $499 and be in market as early as Q3 2023.
The platform has integrated WiSA’s DS technology into a 5.1.4
Dolby Atmos wireless soundbar system featuring a total of ten audio
channels, five of which are wireless. The five wireless audio
channels include two rear channels and two rear up-firing front
Dolby Atmos channels as well as a wireless subwoofer. The embedded
WiSA DS technology requires only a single transmitter in the
soundbar component, and single transmitters in the subwoofer and
rear channel speakers, to send and receive all audio channels. The
system components connect wirelessly with ease to deliver immersive
sound at an affordable price point for consumers.
WiSA DS is the second multichannel wireless audio technology
created by WiSA Technologies and is engineered for closed,
high-performance systems. It transmits up to five channels of
uncompressed 16-bit 48kHz sound over a 2.4 GHz Wi-Fi network it
creates. Ideal for soundbar systems, the technology delivers
quality, performance and affordability. With the proliferation of
Dolby Atmos content and the continued growth of the soundbar
market, WiSA Technologies anticipates strong adoption of WiSA DS
and expects to enter the market with its technology by Q3 2023.
“We are extremely excited about the advancements our team has
made with WiSA DS, especially with respect to delivering unrivaled
wireless audio transmission at a low cost for the soundbar market,”
said Brett Moyer, President and CEO of WiSA Technologies. “We look
forward to playing a key role in this growing market and
facilitating Dolby Atmos experiences for more people around the
world.”
Schedule a product demonstration at CES 2023 in Las Vegas
(January 5 – 7)
WiSA Technologies is demonstrating the soundbar system in Las
Vegas at the Embassy Suites by Hilton Convention Center. Contact
James Cheng (jcheng@wisatechnologies.com) to schedule an
appointment. For more information on WiSA Technologies, visit
www.wisatechnologies.com.
About WiSA Technologies, Inc.
WiSA 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® (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 WiSA Association
WiSA® 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, which operates 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.
© 2023 WiSA Technologies, Inc. All rights reserved. WiSA
Technologies, Inc. and the WiSA Technologies, Inc. logo are
trademarks of WiSA Technologies, Inc. The WiSA logo, WiSA, and
SoundSend are registered trademarks of WiSA, LLC. Third-party trade
names, trademarks and product names are the intellectual property
of their respective owners.
Safe Harbor Statement
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 amended. 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 the use of
words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,”
“continue,” “likely,” “will,” “would” and variations of these terms
and similar expressions, or the negative of these terms or similar
expressions. Such forward-looking statements, including statements
herein regarding revenue growth, production, stores and launches,
and ease of use of apps and the ability of those apps to operate
with the systems of different manufacturers, are necessarily based
upon estimates and assumptions that, while considered reasonable by
us and our management, are inherently uncertain. As a result,
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 risks and uncertainties impacting WiSA Technologies’
business, including current macroeconomic uncertainties associated
with the COVID-19 pandemic; our inability to predict or measure
supply chain disruptions (including disruptions impacting our
technology partners) resulting from the COVID-19 pandemic and other
drivers; our ability to predict the timing of design wins entering
production and the potential future revenue associated with our
design wins; our rate of growth; our ability to predict direct and
indirect customer demand for our existing and future products and
to secure adequate manufacturing capacity; our ability to hire,
retain and motivate employees; the effects of competition,
including price competition within our industry segment;
technological, regulatory and legal developments that uniquely or
disproportionately impact our industry segment; developments in the
economy and financial markets and other risks detailed from time to
time in WiSA Technologies’ filings with the Securities and Exchange
Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230105005184/en/
Ashley McMurray Dittoe Public Relations for WiSA Technologies
ashley@dittoepr.com
WiSA Technologies (NASDAQ:WISA)
Historical Stock Chart
From Mar 2024 to Apr 2024
WiSA Technologies (NASDAQ:WISA)
Historical Stock Chart
From Apr 2023 to Apr 2024