Slide 1: Q219 Update Call August 14, 2019
Q219 Update Call August 14, 2019
Slide 2: Forward-Looking Statements
Forward - Looking Statements This presentation includes forward - looking statements within the meaning of the Private Securities Litigation Reform Act that reflect our current views with respect to, among other things, our operations, business strategy, interpretation of prior development activitie
Slide 3: Q219 Update
Q219 Update • WiSA YOY membership growth • TV brands from 2 to 7 • Total brands from 30+ to 60+ • But where’s the beef? • Products for 2019 Holiday Season • LG WiSA Launch • Addressable Market • Expected 2019 Milestones 3
Slide 4: Expanding Membership
( ) ( ) Expanding Membership More than 60 brands now part of WiSA 4
Slide 5: Members by Category
OTHER KEY PARTNERS TRANSMIT + SPEAKER PARTNERS ( ) ( ) TV PARTNERS ( ) Members by Category 5 System Audio A/S
Slide 6: Expected Fall Product Line-Up
Expected Fall Product Line - Up ( WiSA Ready™* TVs and Dongles, WiSA Certified™ AV Receivers, Soundbars & Speakers) • LG OLED TVs • LG Nano TVs • B&O Speakers • Harman Citation • Harman Project #2 • Savant • System Audio 3 products • Primare • Almando • Klipsch • Enclave #1 • Enclave #2 • Axiim Dong
Slide 7: Launch Promotional Activity
Launch Promotional Activity
Slide 8: Easy Set Up Process Through TV User Interface
8 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 2 3 1 2 3 1
Slide 9: LG: Leader in Opening the WiSA Retail Market
LG: Leader in Opening the WiSA Retail Market • LG Marketing team working closely with WiSA • WiSA key feature in LG dealer sales presentations • WiSA Ready logo on packaging (shown to the right) • WiSA trade press product reviews • WiSA page going onto LG website (next slide) • Web links from LG.com
Slide 10: LG Premium TVs and WiSA
@WisA @wisA LG Premium TVs and WiSA UG OLED and NanoCell TVs connect seamlessly with WiSA-certified wireless speakers, from. Klipsch®, so you can enjoy hi-quality, immersive surround sound in minutes.
Slide 11: Big Retail Win
BIG RETAIL WIN : + + + • 350 Magnolia Home Theaters within Best Buy stores • 250+ additional retailers globally • Point of Purchase displays providing multi - channel demo • Salespeople trained on WiSA , simplicity and quality • Klipsch launch starts in September 11
Slide 12: Evangelizing: Training Initiatives
EVANGELIZING: Training Initiatives • WiSA training materials from LG • Training distribution: • LG sales team • LG Trainers who train the dealers on new products • Training portal for retailers • Retailers’ sales team, service personnel, installers • Best Buy training: • Magnolia Hi - Fi Team • Magn
Slide 13: Forthcoming Launches
FORTHCOMING LAUNCHES: Tana Freedom 8 CineHome II Additional products in development CineHome Transmitter Monaco Legend 60 Legend 40 Legend 5 CineHome Pro CineHome Premier Citation Link HD Wireless Sound Bar and Sub (image not available) 13
Slide 14: EU Initiatives: Aligning Strategies in Europe
EU INITIATIVES: Aligning Strategies in Europe • Building off of the US initiatives and the High - End show in Munich • Speaker partners with European distribution: • Bang and Olufsen • System Audio • Harman • Klipsch • EC Living ( Electrocompaniet ) 14
Slide 15: August Trade Show
AUGUST TRADE SHOW: • $15 Billion Buying Group, 3,500 members, 11,000 storefronts • WiSA products will be in four booths (LG, Klipsch, Enclave and WiSA) • LG supplying three 65” OLEDs for the WiSA booth • Klipsch will show Reference Wireless WiSA system ($1,999 (3.1) & $2,499 (5.1)) • Enclave will sh
Slide 16: WiSA Ready TV Market Opportunity
WiSA Ready TV Market Opportunity Estimated SAM for LG TVs 16 Total Serviceable Market (SAM) Total Unit Volume 10M 20M 30M 25% External Audio Systems Attached* 2.5M 5.0M 7.5M 20% WiSA Attach Rate of Audio Systems* 0.5M 1.0M 1.5M AVG Configuration 3.1* 5 5 5 Total Number of Modules 2.5M 5.0M 7.5M Pric
Slide 17: Expected 2019 Milestones
Expected 2019 Milestones • LG and speaker partners launching at retail • 10 to 13 projects projected to launch holiday season • Replenishment orders in Q4 on sell - through • Product in retailers representing > 1,000 storefronts • Five TV brand engagements @ CES 2020 • First IP customer engagement 1
Slide 18: * WiSA Ready TVs, gaming PCs and console systems are "ready" to transmit audio
17 * 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