WiSA Inks Fourth HDTV/PTV License with Multi-billion Dollar Revenue Company, Signaling Rapid Adoption for its WiSA E Immersive Audio Technology
April 16 2024 - 8:45AM
Business Wire
Simple integration with Android-based TVs and
projectors seeds market for interoperable WiSA E-enabled speakers
and soundbars
WiSA Association, a subsidiary of WiSA Technologies, Inc.
(Nasdaq: WISA), announced today that it has executed its fourth
5-year WiSA E licensing agreement with a fourth major HDTV/PTV
(Projection TV) brand. The WiSA E license allows the brand to
integrate WiSA E software into its products, thereby offering
consumers a variety of wireless immersive audio options including
full interoperability with any of the WiSA E-enabled speakers
offered by the many WiSA Association speaker brands.
“We are very pleased that yet another major HDTV brand
recognizes the value of our WiSA E technology, as well as our
licensing model for market deployment,” said Tony Ostrom, president
of the WiSA Association. “With four major TV brands onboard, the
market is clearly validating both our technology and our vision of
enabling every immersive audio source device with low-cost
capability to deliver high-quality interoperable wireless audio to
consumers. We continue to pioneer a new era of audio technology for
high-quality, immersive audio experiences driven by an increase in
demand for exceptional wireless audio solutions.”
WiSA E entails a full suite of audio features that define how
audio should be experienced across HDTVs, PTVs, soundbars, mobile
devices, set top boxes, and speakers. WiSA E can be implemented
across four HDTV SoC providers, including Realtek, Amlogic,
Mediatek, and Novatek, and can be designed to be fully
interoperable with WiSA-E enabled speakers.
For more information about WiSA E technology or the WiSA E
licensing program, contact Tony Ostrom, president of the WiSA
Association at tostrom@wisatechnologies.com.
Find out more about the WiSA Association at
www.wisatechnologies.com/wisa-association.
About the 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 - 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.
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.
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degree to which the licensee implements the licensed technology
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version on businesswire.com: https://www.businesswire.com/news/home/20240416889567/en/
Investors: David Barnard, LHA Investor Relations,
415-433-3777, wisa@lhai.com
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