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SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA LLC, the Wireless Speaker Audio Association, founded by Summit Wireless Technologies, Inc. (NASDAQ: WISA), today announced the launch of the Tuned by THX Monaco 3.1 Wireless Home Audio System from Platin delivering a wide Wall of Sound experience. The product is the result of a broader technology partnership between THX Ltd., WiSA and Summit Wireless Technologies to develop modules and certifications to bring to Summit Wireless customers and partners higher-resolution home entertainment experiences. The Tuned by THX Platin Monaco 3.1 Wireless Home Audio System delivers wide stereo field theater-quality sound through the widely adopted WiSA audio standard and Tuned by THX calibration that maximize the systems audio performance. The speaker system includes the Axiim LINK Wireless Audio Transmitter that connects to Xbox One & Series X gaming systems. The Axiim LINK also provides users with enhanced tuning features such as preset and user adjustable equalization and speaker trim. The Monaco 3.1 Immersive Wireless Home Audio System is available now at Amazon with an MSRP of $699.99 and on promotional sale for a limited time for a $100 coupon deal hitting $599.99 sale for August 2020. This product comes on the heels of a similar 5.1 Platin Monaco system released last winter that continues to receive excellent reviews. This new WiSA Certified Monaco 3.1 system is Tuned by THX and delivers a true wall of sound experience at a very attractive price point, noted Tony Ostrom, president of WiSA. We are thankful for our partnership with THX enabling best-in-class audio solutions such as the Monaco 3.1. WiSA members are delivering the future of cinema-quality audio for the home at prices that accommodate more budgets thus enabling the adoption of high-end audio by a broader market. Key features of the Monaco 3.1 Wireless Home Audio System include: THX believes that consumers should have access to great audio experiences, regardless of the environment and medium of consumption. The Platin Monaco 3.1 Wireless Home Audio System has been Tuned by THX to deliver an improved audio experience. THX worked with Summit Wireless and WiSA engineers to create a set of high-accuracy filters and functionality within the Rx (wireless receiver) modules to provide the manufacturer with advanced loudspeaker tuning capabilities. "THX is pleased to partner with WISA on this Tuned by THX Platin Monaco 3.1 speaker system to ensure consumers experience exceptional audio with their favorite content, whether movies, music or games" said Peter Vasay, vice president, home products, THX Ltd. This Monaco system was calibrated by our THX engineers as a continuation of our partnership with WISA to bring great wireless audio systems to market at various price points. All WiSA Ready and WiSA Certified components work together seamlessly to deliver wireless, multi-channel audio capabilities and authentic concert and theater-quality sound that dramatically increases the enjoyment of movies and video, music, sports, gaming/esports, and more. As a result, consumers can expect a reliable and superior experience, but unlike traditional audio systems, set up is simple and takes just minutes, even for multi-channel setups. About WiSA, LLC WiSA, the (Wireless Speaker and Audio) Association is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. WiSA Certified components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more. WiSA also ensures robust, high resolution, multi-channel, low latency audio while eliminating the complicated set-up of traditional audio systems. For more information about WiSA, please visit: www.wisaassociation.org. 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. About THX Founded by legendary filmmaker George Lucas in 1983, THX Ltd. and its partners provide premium entertainment experiences in the cinema, in the home and on the go. Over the last thirty-five years, THX has expanded its certification categories beyond studios and cinemas to consumer electronics, content, live events and automotive systems. Today, THX Ltd. continues to redefine entertainment, providing exciting new technologies and assurance of experiences which provide consumers with superior audio and visual fidelity and ensure an artists vision is delivered with integrity to audiences worldwide. For more information, visit: http://www.thx.com. Get social with us and stay up-to-date with all things #THXLtd: Twitter @THX; Instagram @THXLtd; LinkedIn THX Ltd; Facebook THX Ltd. * 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 and product names are the intellectual property of their respective owners. THX and the THX logo are registered trademarks of THX Ltd.

Answer: WiSA Announces the Launch of the Tuned by THX Platin Monaco 3.1 Plus Axiim Link, Wireless Home Theater System New Affordable 3.1 Wireless Tuned by THX (tm) and WiSA Certified Speaker System Delivering Wide Soundstage Of High-Resolution Audio for Movies, TV, Music, and Games around Xbox One & Series X