Slide 1: The New Industry Standard for Immersive Wireless Sound
The New Industry Standard for Immersive Wireless Sound NASDAQ: WISA Summit Wireless Technologies Q4 2020 Results: March 12, 2021
Slide 2: Forward Looking Statements
2 NASDAQ: WISA Forward Looking Statements This presentation of Summit Wireless Technologies, Inc . (NASDAQ : WISA) (the “Company” or “WISA”) 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 Exchang
Slide 3: Q4 2020 Results Call Agenda: Driving Growth
3 NASDAQ: WISA Q4 2020 Results Call Agenda: Driving Growth • Business Overview • 2020 Growth Delivered • Growth Drivers 2021 and Beyond • SoundSend • The WiSA Wave • Next Generation Technology • Strongest Quarterly Performance to Date • Q&A 3
Slide 4: Summit Wireless: leading provider of immersive wireless sound technology
4 NASDAQ: WISA Markets and sells ASICS, modules & IP that is integrated into leading TV & speaker brands Association with 70+ leading CE brands implementing WiSA global interoperability standard Summit Wireless NASDAQ: WISA Summit Wireless Summit Wireless is a leading provider of immersive, wireless
Slide 5: WiSA Association – Building a Standard
5 NASDAQ: WISA WiSA Association – Building a Standard The WiSA Association has 70+ member brands implementing worldwide standards for high definition, multi - channel, low latency audio using our WiSA global interoperability standard iPhone AVRs TVs XBOX Windows 10 Surface Pro Consumers Win • - Grea
Slide 6: 2021 Shipping Display Members
6 NASDAQ: WISA 2021 Shipping Display Members System Audio A/S 2021 Shipping Members 6 4 th Display Brand 5 th Display Brand Strategic Partners 25+ Brands Shipping Summit Wireless’ Technology
Slide 7: Today's Sound Experience Options / WiSA's Advantage
7 NASDAQ: WISA Today’s Sound Experience Options WiSA’s Advantage • Better Sound Field • Lower Prices • Simple Installation Soundbar TV Soundbar + Subwoofer Soundbar + Subwoofer + Simulated Dolby Digital/Atmos $799 $1,300 $1,800 $899+ Premium Soundbar Systems (i.e. Sony/ Sonos /Bose) WiSA Discreet Sp
Slide 8: Driving 2021 – 2022 Growth
8 NASDAQ: WISA Driving 2021 – 2022 Growth • WiSA Wave • Driving consumer engagement and education • Defining retail category • Lowering marketing costs for brands • 1M visitors projected for 2021 • SoundSend providing universal, low - cost WiSA connectivity • Next - Gen Discovery Wi - Fi technology
Slide 9: True Cinema Sound in Your Home in Minutes
9 NASDAQ: WISA True Cinema Sound in Your Home in Minutes Consumer Benefits Your Smart TV WiSA SoundSend Amazing Speakers Works with 100’s of millions of TVs with ARC/ eARC Universal transmitter easily connects to your TV and sends HD audio to speakers Amazing WiSA Certified speakers from great brand
Slide 10: Driving the Expansion of the WiSA Market
10 NASDAQ: WISA Driving the Expansion of the WiSA Market Expanding the WiSA Association to a consumer facing platform to drive retail sales: • Increasing consumer visits and consumer education of WiSA’s benefits • Expanding the WiSA category of products for the consumer, retailer, and brands • Lower
Slide 11: WiSA Wave Increasing Consumer Engagement
11 NASDAQ: WISA WiSA Wave Increasing Consumer Engagement 11 • Launching new website • Unveiling new features to launch products • Increasing promotions /giveaways • Adding brand member pages • Introducing WiSA Certified reseller program • Expanding consumer education
Slide 12: WiSA Wave Accelerating Web Traffic
12 NASDAQ: WISA 1,200 2,400 3,400 19,200 34,300 47,000 99,500 185,000 135,000 165,000 250,000 450,000 Q1 '19 A Q2 '19 A Q3 '19 A Q4 '19 A Q1 '20 A Q2 '20 A Q3 '20 A Q4 '20 A Q1 '21 E Q2 '21 E Q3 '21 E Q4 '21 E 1M+ Visitors Projected in 2021 WiSA Wave Launched Sept. ‘20 WiSA Wave Accelerating Web Tra
Slide 13: WiSA Wave Works: Leveraging the Power of Digital Marketing
13 NASDAQ: WISA WiSA Wave Works (WWW ) Facebook Impressions Cost Top of Funnel Advertising 1,000,000 $10,000 WiSA Cost Shares No Response 980,000 $9,800 Ineffective Expense 2% Click - Through Rate 20,000 $200 Effective Expense Brands can remarket using WiSA Wave analytics: • Clicked on WiSA ad by
Slide 14: Leveraging Summit's Platin Line
14 NASDAQ: WISA Leveraging Summit’s Platin Line Platin as a product and demonstrate tool: • Distributing and marketing in North America • Building the WiSA category offerings @ retail/ etail • WiSA Amazon store • Etailers : Best Buy, Target, Walmart • Improving Wave marketing for all brands • Comple
Slide 15: Immersive Sound Expands to WiFi enabled smart devices
15 NASDAQ: WISA • Immersive Sound Expands to WiFi enabled smart devices: • 1B+ Smart Phones • 200M + Smart TVs • Soundbars and wireless speakers • IoT Devices • 200M Tablets • 60M Gaming PCs and Consoles • 50M Smart Speakers • Technology that can scale • Wi - Fi compliant (2.4GHz) • Wi - Fi complian
Slide 16: Reaching Broader Consumer Markets with Rapidly Dropping WiSA Transmission Costs
16 NASDAQ: WISA Reaching Broader Consumer Markets with Rapidly Dropping WiSA Transmission Costs Product Host Device Retail MSRP TV/Soundbar Integration Cost Home Theater in a Box System Axiim Q AV Reciever All TVs/Set top Boxes $1,199 Axiim Link Xbox and WiSA Ready TV $229 $999 WiSA SoundSend - Drop
Slide 17: Strongest Quarter-to-Date
17 NASDAQ: WISA Strongest Quarter - to - Date $0.4 $0.8 $1.7 $2.4 $2.8 Q1 '20A Q1 '21 Est. 2019A 2020A TTM Q1 '21 Est. 18% Revenue & Gross Margin ($ in M) Continued Improvement in Core Performance in Q4 • Revenue exceeded $1.0M, up 141% vs. Q4 ‘19 & increased sequentially 71% vs. Q3 ‘20 • 24% GM Q4
Slide 18: Thriving WiSA Ecosystem Driving 2021 Growth
18 NASDAQ: WISA More Consumers More Speaker Brands More Products Lower Entry Prices More TV Integration Thriving WiSA Ecosystem Driving 2021 Growth Driving Revenue Growth NASDAQ: WISA
Slide 19: Investor Relations
Investor Relations Greg Falesnik, CEO - MZ North America 949 - 385 - 6449, WISA@mzgroup.us Kirsten Chapman, MD - LHA Investor Relations 415 - 433 - 3777, summit@lhai.com Summit Wireless Technologies, Inc. 6840 Via Del Oro, Suite 280 San Jose, CA 95119 www.summitwireless.com
Slide 20: Expanding Market; Ecosystem Built, Traffic Growing, Products Launching
20 NASDAQ: WISA 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 䉼 Paradigm Shifts Create Opportunity Attractive & Highly Scalable Model
Slide 21: Amazon Verified Purchasers Love Sound & Set-up
21 NASDAQ: WISA Amazon Verified Purchasers Love Sound & Set - up “With 65” LG Nanocell TV... WOW!!! For the price (or better) of a sound bar, I’m sitting here in my living room after 10 min of setup watching Star Wars in mind blowing surround sound!!!” “Stunning surround sound - Easy to setup!” “ De