WiSA Technologies, Inc. Announces Appointment of New Director

Retail financial and e-commerce operations veteran Kimberly Briskey joins the WiSA team with over 15 years of strategic and financial management expertise.

BEAVERTON, Oregon, June 12, 2024–(BUSINESS WIRE)–WiSA Technologies, Inc. (Nasdaq: WISA), a leading innovator in wireless audio technology for next-generation smart devices and home entertainment systems, today announced today the appointment of Kimberly Briskey to the board of directors. , effective immediately.

Ms. Briskey has more than 15 years of experience in strategic business and financial operations and is the Eddie Bauer Brand Chief Financial Officer at SPARC Group LLC, where she leads a finance and accounting team managing an $800 million multi-channel business. She has expertise in financial planning, long-term budgeting and operational monitoring. Previously, she served as Senior Director of DTC Finance and Corporate Planning at SPARC Group. Her extensive experience includes leadership positions at Lucky Brand, Beyond Yoga, J Brand and GUESS? INC., driving financial efficiency and profitability across various retail and e-commerce channels. Ms. Briskey holds a Bachelor of Science degree in Global Business and Marketing from Arizona State University and a professional designation in Product Development from the Fashion Institute of Design and Merchandising.

The Company also announced that Lisa Cummins has resigned as a director of the Company effective June 12, 2024. The Company would like to sincerely thank Ms. Cummins for her contributions to the Company.

Brett Moyer, CEO of WiSA Technologies, commented: “Kimberly’s success in leading teams, combined with her multi-channel experience in financial forecasting, expense management, ROI assessment, OTB planning and inventory optimization, constitutes a considerable asset for our management team. In addition to her background in finance and accounting, she brings invaluable expertise in investment analysis to build the WiSA E brand and drive the future of home audio, which we achieve with our innovative wireless audio solutions and award-winning.

About the WiSA association

WiSA® educates, evangelizes and promotes solutions for spatial audio in the home. Working in collaboration with technology developed by WiSA Technologies, Inc., the WiSA Association engages with leading consumer electronics companies, technology providers, retailers and ecosystem partners to make audio immersive experience that everyone can enjoy. WiSA, LLC – Wireless Speaker and Audio Association – is a wholly owned subsidiary of WiSA Technologies, Inc. For more information about WiSA, please visit: www.wisatechnologies.com.

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About WiSA Technologies, Inc.

WiSA Technologies, Inc. (NASDAQ: WISA) is a leading provider of immersive wireless sound technologies for next-generation smart devices and home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Hisense; TCL; Bang & Olufsen; Audio Platinum; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and videos, music, sports, gaming/esports, and more. WiSA Technologies, Inc. is a founding member of WiSA™ (Wireless Speaker and Audio Association) whose mission is to define standards for wireless audio interoperability as well as work with leading consumer electronics companies, technology providers, retailers and ecosystem partners to evangelize and commercialize spatial audio technologies driven by WiSA Technologies, Inc. The company is headquartered in Beaverton, Oregon, with sales teams in Taiwan, China, Japan, Korea and California.

Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements, which are not historical facts, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. . In some cases, you can identify these forward-looking statements by words such as “may”, “could”, “expect”, “intend”, “plan”, “seek”, “anticipate”. “, “believe”, “estimate”, “predict”, “potential”, “continue”, “likely”, “will”, “would” and variations of these terms and similar expressions, or the negative form of these terms or similar expressions such forward-looking statements, including statements contained herein regarding our business opportunities and prospects, are necessarily based on estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated in these forward-looking statements due to risks and uncertainties relating to, among other things: general market, economic and other conditions. ; our ability to continue our business; our ability to manage costs and execute our operational and budgetary plans; our ability to achieve our financial objectives; and other risks as more fully described in our filings with the United States Securities and Exchange Commission. The information contained in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this press release based on new information, future events or otherwise, unless required by law.

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Contacts

Investor:
David Barnard, LHA Investor Relations, 415-433-3777, [email protected]