Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF)
filter intellectual property connecting People and Things, has
become an official member of the Wi-Fi Alliance, a global
non-profit industry association of companies who share a vision of
seamless connectivity.
With global economic value of Wi-Fi expected to
reach nearly $3.5 trillion USD by 2023 with billions of devices
shipped each year, Resonant’s technology showcases the ability of
our ISN® technology to develop designs that can meet the exacting
demands of Tier-1 handset manufacturers using existing
technologies, demonstrated by the recent Wi-Fi filter design win,
as well as create XBAR® based designs for the new 6 GHz
applications. We believe XBAR® is the only RF filter technology
that has showcased the ability to innately meet the complex
requirements for bandwidth of 5G and Wi-Fi 6 and 6E
applications.
"We welcome Resonant to the Wi-Fi Alliance and look forward to
its contributions to expanding Wi-Fi into the 6 GHz spectrum in the
U.S. and worldwide,” said Edgar Figueroa, President and CEO of
Wi-Fi Alliance.
Resonant’s proprietary XBAR® technology is ideally suited for
high-frequency 5 and 6 GHz Wi-Fi applications, such as Wi-Fi 6E, a
rapidly emerging segment of the market. Resonant is working to ship
their first Wi-Fi 6E samples to customers in the first half of
2021, and recently announced that they secured a high-volume Wi-Fi
socket with a Tier-1 Handset OEM.
“Resonant’s XBAR® RF filter technology is optimized for the wide
bandwidths, high frequencies, low loss, and high rejection required
for the Wi-Fi industry to fully realize the capacity and speeds of
Wi-Fi 6E – the strength of which has been validated through our
strategic partnerships with leading RF filter manufacturers,” said
George B. Holmes Chairman & CEO of Resonant. “In particular,
our XBAR® structure avoids the compromises in performance, and the
increase in size and cost, when BAW and FBAR structures are used
for 6E band filters.”
Resonant recently announced that its customers have cumulatively
surpassed the milestone of shipping 50 million RF filters designed
with the Company’s proprietary ISN® technology. The RF filters
cover a total of 9 cellular and Wi-Fi bands across multiple
customers, primarily for use in mobile handset, infrastructure,
asset tracking (GPS) and automotive applications.
Radio frequency (RF) filters, such as those designed by
Resonant, are components embedded into a smartphone that reject and
accept the appropriate signals. As 5G continues to develop and grow
in importance, so will the ways RF filters are utilized in everyday
life beyond texting, calling or streaming your favorite movie on a
smartphone. Soon RF filters will be sited into autonomous and
electric vehicles that will help relay when your car is too close
to an object, out of its traffic lane, or needs to stop, where
speed is critical. For example, a one-second delay in the
communication link with an RF filter could equal a delayed stop of
100 feet in a vehicle traveling at approximately 70 mph. In
addition, hospitals are beginning to rely on RF filters to
eliminate disruptions in their hospital networks, helping minimize
the risk for areas such as remote surgery via robotic medical
equipment. Put simply, RF filters provide protection for the
wireless connectivity to sectors such as traffic, health, weather
and environmental monitoring, while allowing wireless communication
in the same way as computers and smartphones.
About Resonant Inc.
Resonant (NASDAQ: RESN) is transforming the
market for RF front-ends (RFFE) by disrupting the RFFE supply chain
through the delivery of solutions that leverage our Infinite
Synthesized Network (ISN) software tools platform, capitalize on
the breadth of our IP portfolio, and are delivered through our
services offerings. In a market that is critically constrained by
limited designers, tools and capacity, Resonant addresses these
critical problems by providing customers with ever increasing
design efficiency, reduced time to market and lower unit costs.
Customers leverage Resonant’s disruptive capabilities to design
cutting edge filters and modules, while capitalizing on the added
stability of a diverse supply chain through Resonant’s fabless
ecosystem-the first of its kind. Working with Resonant, customers
enhance the connectivity of current mobile devices, while preparing
for the demands of emerging 5G applications. To learn more about
Resonant, view the series of videos published on its website that
explain Resonant's technologies and market positioning:
- Resonant Corporate
Video
- ISN and XBAR:
Speeding the Transition to 5G
- Expert Insights on
Unlocking the Potential of 5G
- The Technology
Enabling the Transition to 5G
For more information, please
visit www.resonant.com. Resonant uses its website and LinkedIn
page as channels of distribution of information about its products,
its planned financial and other announcements, its attendance at
upcoming investor and industry conferences, and other matters. Such
information may be deemed material information, and Resonant may
use these channels to comply with its disclosure obligations under
Regulation FD. Therefore, investors should monitor the company’s
website and its social media accounts in addition to following the
company’s press releases, SEC filings, public conference
calls, and webcasts.
About Resonant’s ISN®
Technology
Resonant can create designs for difficult bands,
modules and other complex RF Front End requirements that we believe
have the potential to be manufactured for less cost and less time
than traditional approaches. ISN is a suite of proprietary
mathematical methods, software design tools and network synthesis
techniques that enable us to explore a much larger set of possible
design solutions that regularly incorporate our proprietary
technology. We then quickly deliver design simulations to our
customers, which they manufacture or have manufactured by one of
our foundry partners. These improved solutions still use Surface
Acoustic Wave (SAW) or Temperature Compensated Surface Acoustic
Wave (TC-SAW) manufacturing methods and perform as well as those
using higher cost manufacturing methods such as Bulk Acoustic Wave
(BAW). Resonant's method delivers excellent predictability,
enabling achievement of the desired product performance in roughly
half as many turns through the fab. In addition, because Resonant's
models are fundamental, integration with its foundry and fab
customers is seamless because its models speak the "fab language"
of basic material properties and dimensions.
About the Wi-Fi Alliance
Wi-Fi Alliance® is the worldwide network of companies that
brings you Wi-Fi®. In 1999, several visionary companies came
together to form a global non-profit association with the goal of
driving the best user experience with a new wireless networking
technology – regardless of brand. Today, Wi-Fi is in 25 percent of
homes around the world, and about two billion Wi-Fi devices were
sold in 2013. Wi-Fi adoption continues to grow, and the common
vision of seamless connectivity continues to inform the
collaboration of our members.
Safe Harbor / Forward-Looking Statements
This press release contains forward-looking
statements, which include the following subjects, among others: the
capabilities of our filter designs and software tools and future
shipments of products utilizing our designs. Forward-looking
statements are made as of the date of this document and are
inherently subject to risks and uncertainties which could cause
actual results to differ materially from those in the
forward-looking statements, including, without limitation, the
following: our limited operating history; our ability to complete
designs that meet customer specifications; the ability of our
customers (or their manufacturers) to fabricate our designs in
commercial quantities; our customers’ ability to sell products
incorporating our designs to their OEM customers; changes in our
expenditures and other uses of cash; the ability of our designs to
significantly lower costs compared to other designs and solutions;
the risk that the intense competition and rapid technological
change in our industry renders our designs less useful or obsolete;
our ability to find, recruit and retain the highly skilled
personnel required for our design process in sufficient numbers to
support our growth; our ability to manage growth; and general
market, economic and business conditions. Additional factors that
could cause actual results to differ materially from those
anticipated by our forward-looking statements are under the
captions “Risk Factors” and “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” in our most
recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q)
filed with the Securities and Exchange Commission. Forward-looking
statements are made as of the date of this release, and we
expressly disclaim any obligation or undertaking to update
forward-looking statements.
Investor Relations Contact:Greg Falesnik or
Brooks HamiltonMZ Group - MZ North America(949)
259-4987RESN@mzgroup.us www.mzgroup.us
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