Slide 1: The New Industry Standard for Immersive Wireless Sound
The New Industry Standard for Immersive Wireless Sound Summit Wireless Technologies, Inc. (NASDAQ: WISA) Second Quarter 2020 Results Conference Call as of August 13, 2020
Slide 2: Forward Looking Statements
2 NASDAQ: WISA Forward Looking Statements This presentation contains forward - looking statements within the meaning of Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchange Act of 1934 , as amended . Readers are cautioned not to place undue reliance on
Slide 3: Technology and Industry Standard Association
3 NASDAQ: WISA Technology and Industry Standard Association Summit Rx RF Module Summit ASIC Speakers SWS997 4 WiSA: Audio industry standard Technology portfolio; ASICS, modules, IP 60+ WiSA Brands; TVs, speakers, media devices, and ODMs Summit: Wireless Immersive Sound for Smart Devices
Slide 4: Association: Building a Standard
4 NASDAQ: WISA WiSA Association: Building a Standard • WiSA (Wireless Speaker and Audio) Association founded by Summit Wireless Technologies • 60+ leading consumer electronics brands meet strict requirements for interoperability • Championing the most reliable, global interoperability standards acro
Slide 5: Association Boasts Tier-Members
5 NASDAQ: WISA WiSA Association Boasts Tier - 1 Members OTHER KEY MEMBERS TRANSMIT + SPEAKER MEMBERS ( ) ( ) DISPLAY MEMBERS ( ) System Audio A/S
Slide 6: Topics for August 13, 2020 Call
6 NASDAQ: WISA Topics for August 13, 2020 Call Traction and strategies driving an exciting Fall selling season. • Managing COVID - 19 Impact • Expanding Display (TV/Projector) Design Wins • Expanding Speaker Products • Launching WiSA Marketing Initiative: The Wave • Strengthening Corporate Position
Slide 7: Managing COVID-19 Impact
7 NASDAQ: WISA Managing COVID - 19 Impact • Robust design pipeline of speaker projects on track, no material delays • In - market Q3 projects expected to increase 3X from 6 to 18+ YOY • 45% of Q2 revenue contributed from new products • Anecdotally, consumer purchases of speakers were slow in March –
Slide 8: Display Penetration Continues
8 NASDAQ: WISA WiSA Display Penetration Continues • SKYWORTH joined WiSA in July • Largest domestic Chinese TV manufacturer • 1 st product scheduled to be announced in August • Multiple brands with other products in prototype development • Tier 1 Laser Projector brand scheduled for Q4 launch • Expec
Slide 9: Speaker Designs Rolling Out
9 NASDAQ: WISA Speaker Designs Rolling Out B&O Beo Series 17/18/19/20/50/90 Harman Citation Bar/Tower/Sub/Surround Harman HK Surround Harman MultiBeam 700 Lexicon LS - 1 Klipsch Reference Wireless Enclave Cinehome II Enclave Pro THX Certified System Audio Legend 5/10/40/60 Silverback System Audio Le
Slide 10: Universal Transmitter Launching: WiSA SoundSend
10 NASDAQ: WISA WiSA Universal Transmitter Launching WiSA SoundSend Wireless Audio Transmitter Mobile App Retail Packaging • Connects all WiSA Certified speakers to smart TVs with HDMI ARC ~800M worldwide • In production in September • WiSA will distribute to ensure worldwide availability and suppor
Slide 11: Wave: Direct to Consumer Marketing
11 NASDAQ: WISA WiSA Wave: Direct to Consumer Marketing • The breadth of WiSA Certified™ products has reached critical mass • Each WiSA product has unique branding, design, pricing, and marketing message creating the ability to cross populate consumer targets • Retail will be an evolving channel con
Slide 12: Leveraging Growing Digital Audience
12 NASDAQ: WISA Leveraging Growing Digital Audience • WiSA’s web traffic is growing rapidly • Each visitor educates themselves on WiSA for ~ 1 minute 45 seconds • Building WiSA consumers digital profiles and databases enables cost effective marketing High Value Consumers for Remarketing by Our Membe
Slide 13: Q2 2020 Results and Cash Position
13 NASDAQ: WISA Corporate Update • $12.1M in cash and equivalents at 6/30/20, after $2.0M bridge loan paid off • Regained compliance with NASDAQ • Strengthened the board, naming Sri Peruvemba director • Extensive contacts in display industry • Seasoned technology marketer • Q2 2020 Results • Revenue
Slide 14: Ecosystem Built; Products Launching
14 NASDAQ: WISA Ecosystem Built; Products Launching Expanding Market CE & OEMs embedding audio standard to intelligent devices & next - gen home entertainment Global Interoperability Standard IP Portfolio and TM 15 patents issued/pending covering key claims + WiSA™ Paradigm Shifts Create Opportunity