Summit Wireless Announces 2019 Global Launch of WiSA Certified Products by Nine Leading Wireless Speaker Manufacturers Across North America, Europe and Asia; Supports LG Electronics’ WiSA Ready Lineup of OLED and Flagship UHD TVs for 2019

Summit Wireless Technologies, Inc. (NASDAQ: WISA), the leading provider of immersive, hi-fidelity, wireless sound technology for intelligent devices and home entertainment systems, and a founding member of WiSA, the Wireless Speaker and Audio Association, today announced the 2019 global launch of WiSA Certified products from nine leading wireless speaker manufacturers across North America, Europe and Asia. This multi-tiered deployment, slated for the first quarter of 2019, will coincide with the worldwide roll out of WiSA Ready TVs from LG Electronics’ 2019 lineup of OLED and flagship UHD displays.

The WiSA Ready standard has experienced rapid adoption and includes not only the 2019 lineup of LG TVs, but Xbox One gaming systems as well as PCs running Windows 10. Products bearing the WiSA Ready logo, combined with a WiSA USB Transmitter and WiSA Certified speakers enable the most innovative, wireless sound experience available for movies, music and games.* Summit estimates that there will be up to 60 million units of WiSA Ready platforms in the market in 2019, providing for a total available market of more than 300 million WiSA enabled speakers.

Summit’s WiSA Certified customers include industry leaders Harman International, Klipsch, Bang & Olufsen, Axiim, Enclave Audio, EC Living, Platin, Golden Ear, and System Audio.** These customers have embraced Summit’s technology to implement WiSA standards that ensure interoperability, ease of set up by consumers, and multichannel hi-definition, concert-quality sound for the next generation home entertainment experience. Beginning in the first quarter 2019, WiSA will kick off an international channel marketing program to support the entire spectrum of WiSA Certified speakers launching next year.

“As the world’s top CE brands and manufacturers rapidly embrace Summit’s WiSA technology, we move closer to broadly delivering the most innovative, wireless sound solutions available to greatly enhance the consumer experience,” noted Brett Moyer, president and CEO of Summit Wireless Technologies. “With an estimated 60 million WiSA Ready units in market by the end of next year, a new standard of quality, compatibility and superiority has been set.”

WiSA Certified intelligent speakers, with the addition of a WiSA USB Transmitter, provide seamless synchronization with WiSA Ready devices such as smart TVs and gaming systems like Xbox to enable low-latency and hi-fidelity sound. All WiSA Ready and WiSA Certified components work together flawlessly to deliver wireless, multi-channel audio capabilities and authentic picture perfect sound that dramatically increases the enjoyment of movies and video, music, sports, gaming/esports, and more.