WiSA Increases 2021 Internet Customer Forecast 100% to 2 Million from 1 Million, Reflecting Considerable Q2 Targeted traffic and Ongoing Category Momentum Fueled by the Wave Promoting Method

Large maximize in internet site visitors and ongoing considerable repeat guests display rising fascination in the wi-fi household cinema class driven by WiSA and its members

SAN JOSE, Calif., July 14, 2021–(Business enterprise WIRE)–WiSA® LLC, launched by Summit Wi-fi Technologies (NASDAQ: WISA), today amplified anticipations for 2021 net visitors from 1 million to 2 million driven by the WiSA Wave marketing and advertising initiative. In the 1st fifty percent of 2021, the Association net targeted traffic attained approximately 900,000 guests, increasing above 1000% compared to the same period of time last yr.

Individuals carry on to use WiSA’s website to find out about the wi-fi home cinema category, escalating their publicity to a extensive and increasing variety of WiSA member solutions for the duration of the important shopping for final decision approach. In the course of the 7 days right before Father’s Day, return-users comprised around 25% of WiSA’s visitors, outpacing the 21% return-end users posted through the 2020 holiday break season. These new customers averaged 1:52 minutes on internet site, even further defining the WiSA site as a key point of information and facts all through their distinctive buyer journeys.

“We are thrilled to see the Wave initiative fueling so a lot interest in our group and driving so numerous men and women to factors of education,” claimed Tony Ostrom, WiSA President. “With so many awesome new WiSA Certified™ items moving into the industry and building excellent systems and total residence cinema bundles, it is validating to see desire and enthusiasm expanding at such a speedy charge. We believe these constructive developments sign important web page visitation and revenue action all through the 2021 getaway period.”

Giving personalized campaigns and obtain to the Association’s robust consumer database and analytics, WiSA Wave offers Association users with supercharged electronic internet marketing capabilities that accelerate product or service income by leveraging WiSA’s developing digital viewers. By spearheading the internet marketing and messaging of the wireless property cinema category, WiSA is garnering actionable analytics that are resulting in spikes in product sales for its customers. WiSA Wave has demonstrated substantial world wide web targeted visitors development quarter to quarter and year around calendar year since its inception in September 2020.

Tale continues

As traffic proceeds to increase, WiSA is now anticipating 300,000 web visitors in Q3 and 850,000 in Q4 2021, bringing the full 2021 anticipations to 2 million.

Summit Wi-fi Digital Roadshow
Listen to additional about WiSA Wave on July 15 at 11:30 a.m. Eastern time (8:30 a.m. Pacific time) listed here.

About WiSA, LLC
WiSA®, the Wi-fi Speaker and Audio Association, is a client electronics consortium committed to producing interoperability criteria utilized by major models and companies to deliver immersive audio through smart products. WiSA Certified™ components from any member brand name can be mixed to dramatically enhance the satisfaction of videos and video clip, audio, athletics, gaming/esports, and additional. WiSA also makes certain strong, higher definition, multi-channel, small latency audio even though doing away with the complex established-up of conventional audio programs. For extra info about WiSA, make sure you check out: www.wisaassociation.org.

About Summit Wireless Systems, Inc.
Summit Wireless Systems, Inc. (NASDAQ: WISA) is a top company of immersive, wi-fi sound technological know-how for intelligent equipment and following generation house entertainment units. Doing work with foremost CE makes and suppliers these kinds of as Harman Intercontinental, a division of Samsung, LG Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and some others, Summit Wi-fi delivers seamless, dynamic audio experiences for large-definition content material, which includes films and video clip, audio, sporting activities, gaming/esports, and additional. Summit Wi-fi is a founding member of WiSA, the Wi-fi Speaker and Audio Association and will work in joint partnership to champion the most reputable interoperability expectations throughout the audio market. Summit Wireless, formerly named Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales groups in Taiwan, China, Japan, and Korea. For more details about Summit Wireless Systems, Inc., you should take a look at: www.summitwireless.com.

* WiSA Prepared TVs, gaming PCs and console devices are “ready” to transmit audio to WiSA Certified™ speakers when a WiSA USB Transmitter is plugged in and a person interface is activated by way of an Application or merchandise structure like LG TVs.

© 2021 Summit Wi-fi Technologies, Inc. All legal rights reserved. Summit Wi-fi Systems and the Summit Wi-fi logo are trademarks of Summit Wireless Technologies, Inc. The WiSA brand, WiSA®, WiSA Ready™, and WiSA Certified™ are emblems and certification marks of WiSA, LLC. 3rd-get together trade names, logos and product names are the intellectual residence of their respective owners.

Safe and sound Harbor Statement
This press launch contains forward-searching statements, which are not historic specifics, in just the which means of Section 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. Our actual final results, overall performance or achievements may well vary materially from all those expressed or implied by these ahead-seeking statements. In some cases, you can identify ahead-looking statements by the use of text such as “may possibly,” “could,” “hope,” “intend,” “prepare,” “search for,” “foresee,” “imagine,” “estimate,” “forecast,” “probable,” “keep on,” “probable,” “will,” “would” and variants of these phrases and related expressions, or the destructive of these conditions or related expressions. This sort of forward-wanting statements are essentially centered upon estimates and assumptions that, whilst regarded as reasonable by us and our administration, are inherently unsure. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. True effects may well vary materially from people indicated by these forward-seeking statements as a result of hazards and uncertainties impacting Summit Wireless’ enterprise together with, latest macroeconomic uncertainties involved with the COVID-19 pandemic, our skill to forecast the timing of design and style wins coming into manufacturing and the opportunity potential revenue involved with our structure wins our charge of progress our ability to forecast buyer need for our existing and future products and to secure sufficient manufacturing ability buyer desire conditions impacting our customer’s conclusion marketplaces our means to use, keep and encourage workforce the consequences of competition, together with price tag level of competition technological, regulatory and authorized developments developments in the overall economy and fiscal marketplaces and other challenges thorough from time to time in Summit Wireless’ filings with the Securities and Trade Commission.

Watch supply variation on businesswire.com: https://www.businesswire.com/information/house/20210714005209/en/

Contacts

Sarah Cox, Dittoe PR for WiSA, 765.546.1036, [email protected]
Keith Washo, WiSA Affiliation, 984.349.2727, [email protected]