Slide 1: Delivering the Wireless Immersive Sound Experience
Summit Wireless Technologies, Inc. March 2019 Delivering the Wireless Immersive Sound Experience Technology creates Picture Perfect Sound Interoperability standard creates Consumer Choice Summit Rx RF Module Summit ASIC Branded Speakers SWS997 NASDAQ:WISA
Slide 2: Forward-Looking Statements
Forward - Looking Statements 2 Statements contained in this presentation that refer to estimated or anticipated future are forward - looking statements that refl ect our current perspective of existing trends and information as of the date of this presentation. Forward - looking statements generall
Slide 3: Why are top brands supporting WISA?
Why are top brands supporting WISA? 3 Immersive Sound for Smart Devices
Slide 4: Audio Left Behind
Audio Left Behind 4 1. Bigger 2. Thinner 3. Higher Resolution Great video, but POOR or NO SOUND
Slide 5: Who Cares About Immersive Sound?
Who Cares About Immersive Sound? EVERYONE WHO LOVES… SPORTS TV SHOWS CONCERTS MOVIES GAMING ALL COMING INTO THE HOME IN 5.1 OR GREATER 5
Slide 6: Multi-Channel Content Ready
Multi - Channel Content Ready 6 Multiple Content Streams >8 0% of Streaming content is multi - channel audio! Multi - channel: Stereo, 2.1, 3.1, 5.1, 7.1, (5.1.2 or 5.1.4 Atmos )
Slide 7: Paradigm Shift: Consumers Seek Simplicity
Paradigm Shift: Consumers Seek Simplicity 7 No Complex Receivers No Difficult Installations No Speaker Wires X X Complete Set - Up in Less than 30 Minutes X
Slide 8: Immersive Audio
Immersive Audio 8 L TV/Soundbar TV R L C 1.5 meters 4 - 5 meters C Flat Audio Internal Speakers Loud Speakers
Slide 9: Personal and Whole House Multi-Channel Immersive Sound
9 Personal Whole House Enables Multi - Channel “Immersive” Sound Immersive Sound Audio Only Audio & Video 1 Speaker ≤ 8 Speakers ≤ 3 Speakers
Slide 10: Latency
Latency A verage Human sees: > 50ms Dolby wants: < 20ms Audiophiles want: < 15ms Gamers want: < 12ms WiSA delivers: 5.2ms Delivers Lowest Latency Available
Slide 11: Competitive Advantages
Competitive Advantages Wireless Attributes Bluetooth WiFi WiSA™ Technology Multi - channel Up to 8 Separate Audio Channels Lip - sync Video Content Requirement Speakers Synchronized Eliminates Phase Distortion High Fidelity Support latest content formats up 24bit/96k sample rates Expandable Over Tim
Slide 12: Expanding Membership
Expanding Membership Supporting interoperability standard, creating the ecosystem around Summit’s technology with consumer electronics brands, ODMs and consumers: 30+ brands including 12
Slide 13: Delivering Consumer Choice and Simplicity
AVRs TVs XBOX Windows 10 Surface Pro Sources Speakers 13 Delivering Consumer Choice and Simplicity Wireless Interoperability Standard Consumers Win • Greater simplicity • Greater access to content • Lower cost to enable
Slide 14: WiSA Embedded IP Simplifying, Cost Reducing for Consumer
14 WiSA Embedded IP Simplifying, Cost Reducing for Consumer WiSA “Ready” WiSA Traditional TV HDMI WIFI Bluetooth Dolby A/V Receiver Installation Installation Cost/Time Speakers Wired Speakers ≤ 8 Wireless Speakers ≤ 8 Wireless Speakers ≤ 8 Wireless Speakers WiSA Hub/ Soundbar WiSA USB Transmitter or
Slide 15: Easy Set Up Process Through TV User Interface
1 2 3 TV recognizes USB WiSA “Ready” Transmitter WiSA loudspeakers found and assigned or reassigned WiSA Logo every time consumer changes volume Wireless loudspeakers connected in 2 - 3 seconds Easy Set Up Process Through TV User Interface: LG TV Released in January
Slide 16: Addressable Market of a WiSA Ready Product
Addressable Market of a WiSA “Ready” Product External audio system attach rates: TVs, Game Consoles 25% - 35% 16 *Key Assumptions Total Unit Volume 1,000,000 External Audio Systems Attached %* 25% External Audio Systems Sold 250,000 WiSA Attach Rate of Audio Systems* 20% WiSA 5.1 Audio Systems 50,00
Slide 17: WiSA Products Slated for 1H2019
17 65” LG OLED TV Harman Citation 5.1 65” LG OLED TV Xbox One X Axiim Link Gaming PC Platin Monaco 5.1 Axiim Q UHD AVR Klipsch Reference Enclave CineHome Almando AVR Primare AVR System Audio Silverback Axiim WM Golden Ear DA3 EC Tana Platin Atmos Soundbar WiSA Products Slated for 1H2019 Home Theater
Slide 18: Harman's Wireless Sound Solution
Harman’s Wireless Sound Solution: Nov. 2018 18 + =
Slide 19: Strong & Growing IP Portfolio
Strong & Growing IP Portfolio + Trademark Audio Transport and Recovery Latency Synchronization 11 Patents Issued/Pending 19 • 8 channels • Speaker Sync • High Fidelity • Lip Sync/Latency • Brand Interoperability • Robust Wireless Connection • Simple Set - up PERFORMANCE ADVANTAGES +
Slide 20: Market Driver: Extending IP to Broader Markets
Market Driver: Extending IP to Broader Markets • Developing licensable IP for smart devices: • Speakers, including voice - activated • 150m + Smart TVs • 1B+ Smart Phones • Tablets • Game consoles • Gaming PCs • Set top boxes cable or satellite 20 WiSA Embedded Software / IP Licensing Strategy Reven
Slide 21: Audio Design Wins: Pipeline to Production
Audio Design Wins: Pipeline to Production 21 TV Mobile WiSA Modules & WiSA Ready WiSA Embedded IP Customers Targets Voice Activated
Slide 22: Market Driver: Accessible Price Points
22 Market Driver: Accessible Price Points New Mass Market Price Points $- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 Sonos/Bose Enclave Xbox: Axiim Enclave New Lower consumer prices drives higher unit sales
Slide 23: Best of CES 2019
Best of CES 2019 Winner: Klipsch Reference WiSA 5.1 Editor’s Choice 2019 Winner: Enclave Audio Best 8K TV of CES 2019 Winner: LG 88” 8K OLED (WiSA Ready) Best Home Theater Tech of CES 2019 Winner: WiSA Top Tech of CES 2019 Winner: Klipsch Reference WiSA 5.1 Best Audio of CES 2019 Winner: Klipsch Ref
Slide 24: Paradigm Shifts Create Opportunity
Paradigm Shifts Create Opportunity Global Interoperability Standard IP Portfolio + TM 11 patents issued/pending + WiSA ™ Expanding Market = Long - term Growth • Expanding ODM design/development pipeline • Increasing WiSA membership • Launching WiSA Ready + WiSA Embedded platforms • Increasing multi
Slide 25: CEO Contact Information
CEO Contact Information Brett Moyer Summit Wireless Technologies President and CEO Phone: 408 761 3880 Email: bmoyer@summitwireless.com 25