Market Overview

Summit Wireless Technologies Receives Accolades for WiSA Technology at CES

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Summit
Wireless Technologies, Inc.
(NASDAQ:WISA), a leading provider of
immersive, wireless sound technology for intelligent devices and
next-generation home entertainment systems and founding member of WiSA,
the Wireless Speaker and Audio Association, today announced WiSA
technology was recognized with three awards at CES 2019.

CES, the Consumer Electronics Show that takes place every January in Las
Vegas, is one of the nation's biggest annual tech events. This year it
showcased the latest technology innovations from 4,500 companies and had
over 180,000 global attendees.

WiSA technology received the following accolades:

  • High-Def
    Digest Editors' Choices: Best Gear of CES 2019 Best Home Theater
    Technology
    :
    WiSA technology was chosen for its support of
    wireless audio transmission of up to 8 channels of uncompressed 24-bit
    audio, including immersive audio formats like Dolby Atmos and DTS:X,
    as well as the tech's network performance offering superior latency
    over standard Bluetooth and Wi-Fi at just 5ms of lag time.
  • Digital
    Trends Top Tech of CES 2019:

    Klipsch Reference Wireless WiSA
    home theater system was recognized for its simple, high-resolution
    audio that can be easily transmitted from a growing number of devices,
    including LG TVs, PCs and Xboxes.
  • 2019
    Dealerscope IMPACT Awards: Editors' Choice:

    Enclave Audio
    CineHome HD WiSA home theater system was highlighted for its wire free
    5.1 home theater experience that is seamlessly assembled with the
    press of a button.

"The launch of the LG product lines and our partnerships with nine of
the top speaker companies has already resulted in more industry
recognition," said Brett Moyer, president and CEO of Summit Wireless
Technologies. "We expect this to continue as we grow the WiSA ecosystem
and expand our relationships with more top consumer electronics
companies. In 2019, we're on track to see up to 60 million WiSA ReadyTM
platforms* in the market and grow revenue. Overall, we are very
encouraged by the growing recognition of our brand leadership and our
mission to deliver wireless, multichannel audio capabilities and
authentic concert-quality sound to homes everywhere."

About Summit Wireless Technologies, Inc.

Summit Wireless 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 Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of
Microsoft, and others, Summit Wireless delivers seamless, dynamic audio
experiences for high-definition content, including movies and video,
music, sports, gaming/esports, and more. Summit Wireless is a founding
member of WiSA, the Wireless Speaker and Audio Association and works in
joint partnership to champion the most reliable interoperability
standards across the audio industry. Summit Wireless, formerly named
Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales
teams in Taiwan, China, Japan, and Korea. For more information, please
visit: www.summitwireless.com

* WiSA Ready TVs, gaming PCs and console systems are "ready" to transmit
audio to WiSA Certified speakers when a WiSA USB Transmitter is plugged
in and a user interface is activated through an APP or product design
like LG TVs.

© 2019 Summit Wireless Technologies, Inc. All rights reserved. Summit
Wireless Technologies and the Summit Wireless logo are trademarks of
Summit Wireless Technologies, Inc. The WiSA logo, WiSA, WiSA Ready, and
WiSA Certified are trademarks, or certification marks of WiSA LLC.
Third-party trade names, trademarks and product names are the
intellectual property of their respective owners.

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