WiSA Technologies is hosting a conference call today at 8am PT / 11am ET to discuss its previously announced definitive agreement to acquire CompuSystems, Inc.

BEAVERTON, Ore.–( BUSINESS WIRE )– WiSA Technologies, Inc . (WiSA Technologies, WiSA or the Company) (NASDAQ: WISA), which anticipates closing its acquisition of the Datavault® intellectual property and data information technology assets of privately held Vault Holdings Inc. ® and changes name to Datavault Inc. on or about December 31, 2024, will hold a special conference call today, Monday, December 30 at 8:00 a.m. PT / 11:00 a.m. ET to discuss its previously announced definitive agreement to acquire CompuSystems, Inc . (CSI) is a privately held, premier provider of registration, data analytics and lead management services for live events.

Participants in the special conference call will include:

• Nate Bradley, CEO of Data Vault Holdings Inc.
• Mark LoGiurato, CEO of CompuSystems, Inc.
• Brett Moyer, CEO of WiSA Technologies, Inc.
• Michael Fazio, Controlling Investor, CompuSystems, Inc.

You can find the live stream here:
Webcast | Call to the investor regarding the acquisition of CSI

Those who do not have internet access or wish to dial in can call: 1-833-366-1124 (domestic) or 1-412-317-0702 (international). All callers should call approximately 10 minutes prior to the scheduled start time and request to be joined on the call by WiSA Technologies.

A webcast replay of the call will be available approximately one hour after the call ends and will be available for 90 days, via the webcast link above. A telephone replay of the call will be available until January 6, 2025 and may be accessed by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) or Canadian (toll-free) 855-669- 9658 and access code 8628366.

A presentation will follow the call and will be available on Monday, December 30, 2024, in the investor section of the WiSA Technologies website.

About CompuSystems

CompuSystems is a premier provider of registration, data analytics and lead management services for live events, offering superior solutions and unparalleled customer support to clients in the trade, association, corporate and government event markets. With a strong focus on innovation, customer service and sustainability, CompuSystems is dedicated to providing exceptional event experiences for clients and their attendees. Learn more about CompuSystems here.

About Data Vault Holdings Inc.

Data Vault Holdings Inc. is a technology holding company that provides a proprietary cloud-based platform for delivering blockchain objects. Data Vault Holdings Inc. provides companies with the tools to securely monetize data assets through its Information Data Exchange® (IDE). The company is in the process of completing the consolidation of its subsidiaries Data Donate Technologies, Inc., ADIO LLC and Datavault Inc. as a wholly owned subsidiary under one corporate structure. Learn more about Data Vault Holdings Inc. Datavault Inc. and True Luck, Inc. as wholly owned subsidiaries within one corporate structure. Learn more about Data Vault Holdings Inc. at www.datavaultsite.com.

ADIO has developed a revolutionary ad-driven monetization platform that enhances user experience through high-frequency audio advertising. ADIO uses its patented pioneering packet data technology to integrate into the audio file for a more robust user experience. Learn more about ADIO here.

About WiSA Technologies, Inc.

WiSA is a leading provider of immersive, wireless sound technology for next-generation smart devices and home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung (KS:); LG; Hisense; TCL; Bang & Olufsen; Platinum Audio; and others, the company provides immersive wireless audio experiences for high-definition content, including movies and video, 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 collaborate with leading consumer electronics companies, technology vendors, retailers and ecosystem partners to evangelize and market spatial audio technologies powered by WiSA Technologies, Inc. The company is headquartered in Beaverton, OR, with sales teams in Taiwan, China, Japan, Korea and California.

Caution regarding forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act) and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, among other things, the expectations of the Company and Data Vault Holdings, Inc. with respect to the closing of their proposed asset purchase between them (the DataVault Asset Purchase), the timing of the Company’s name change, the Company’s and CSI’s expectations regarding the Company’s proposed acquisition of CSI (the Acquisition), including statements about the merits of the Acquisition, the anticipated timing of the Acquisition , the implied valuation of CSI, the products offered by CSI and the markets in which it operates, and the anticipated future results and market opportunities of the Company and CSI, as well as information regarding the future operations of WiSA’s results and business strategy. 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 as a result of a number of factors, including but not limited to: (i) risks and uncertainties affecting WiSA’s business, including risks associated with its current position liquidity and the need to obtain additional financing to support ongoing operations, WiSA’s ability to continue as a going concern, WiSA’s ability to maintain a listing of its common stock on Nasdaq, WiSA’s ability to predict the timing of design wins entering production and potential future revenue associated with design wins, WiSA’s ability to predict its growth rate, WiSA’s ability to predict customer demand for existing and future products and to ensure adequate production capacity, customer demand conditions that affect the end markets of WiSA’s customers, WiSA’s ability to recruit, retain and motivate employees, the effects of competition on WiSA’s business, including price competition, technological, regulatory and legal developments, developments in economy and financial markets and potential harm caused by software bugs, computer viruses and development delays, (ii) risks associated with the acquisition of the DataVault Assets, including WiSA’s ability to close the acquisition of the Assets on a timely basis or at all, or under anticipated conditions, whether due to the ability of WiSA to satisfy the applicable closing or otherwise, and the risks associated with WiSA’s ability to realize some or all of the anticipated benefits from the purchase of the DataVault Assets, (iii) risks associated with the acquisition, including WiSA’s ability to close the Acquisition on a timely basis or at all, or on the terms contemplated, whether due to WiSA’s ability to satisfy the applicable closing or otherwise, and the risks associated with WiSA’s ability to realize some or all of the anticipated benefits of the Acquisition, all risks that may adversely affect CSI’s business, financial condition and results of operations, including but not limited to cybersecurity risks, the potential for errors in the design and use of artificial intelligence, risks related to regulatory compliance and costs, potential harm caused by data privacy breaches, digital business interruption and geopolitical risks and (iv) other risks as set forth from time to time in WiSA’s filings with the US Securities and Exchange Commission. The information in this press release is current as of the date of this release and neither the Company nor CSI undertakes any obligation to update such information unless required by law. The reader is cautioned not to rely on forward-looking statements. Neither the Company nor CSI makes any guarantees that either the Company or CSI will meet its expectations.

See the original version on businesswire.com: https://www.businesswire.com/news/home/20241230403499/en/

Investors:
David Barnard, Investor Relations Alliance Advisors, 415-433-3777, dbarnard@allianceadvisors.com

Source: WiSA Technologies, Inc.