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Platin Audio Expands Monaco Product Line to Include the First Smart Surround Sound System With the New WiSA SoundSend Wireless Audio Transmitter

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WiSA LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), has launched a new wireless home cinema bundle featuring the WiSA SoundSend audio transmitter and the Tuned by THX Monaco 5.1 Immersive Wireless Home Audio System. Priced at $899, the bundle is available for purchase on major online retailers including Amazon and Newegg. The system promotes easy setup, allowing users to connect to smart TVs in under ten minutes, while delivering immersive sound with low latency. A special holiday promotion is valid through December 31, enhancing its appeal during this shopping season.

Positive
  • Launch of the WiSA SoundSend audio transmitter and Monaco 5.1 system can drive sales growth.
  • Bundle priced at $899 is aimed at capturing consumer interest during the holiday shopping season.
  • Special promotion valid through December 31 may boost customer acquisition and sales.
Negative
  • None.

SAN JOSE, Calif.--()--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announces a wireless home cinema bundle complete with the WiSA SoundSend audio transmitter, the Association’s first branded product, and the Tuned by THX™ Monaco 5.1 Immersive Wireless Home Audio System™ from Platin Audio. The bundle is now available for online purchase for $899 through Amazon, Newegg, eBay and Target (later this week). For a limited time, Platin is offering consumers a special holiday promotion valid through December 31.

“We are thrilled to see the Platin Monaco and SoundSend bundle become available this season,” said Tony Ostrom, President of WiSA. “This great home cinema system is capable of delivering incredible experiences and incorporates virtual Dolby Atmos capabilities as well as the ability to create a designated sweet spot in a room thanks to SoundSend’s My Zone calibration feature. With the help of SoundSend, Monaco can be connected to 100s of millions of smart TVs in only a few minutes.”

The Monaco 5.1 with WiSA SoundSend system gives users immersive, theater-quality sound experiences made possible by WiSA Certified™ speakers and the HDMI (or optical)-connected audio transmitter, enabling for effortless home cinema setup and control in less than ten minutes. The SoundSend transmitter, WiSA’s first branded product, is a universal wireless multichannel home cinema audio transmitter designed to enable simple, yet amazing, home entertainment experiences for owners of smart TVs. The transmitter easily connects via HDMI/ARC and eARC to hundreds of millions of new and installed smart TVs. Better than unidirectional soundbars, the Platin Monaco and WiSA SoundSend system allows consumers to easily create truly immersive home cinema experiences in minutes.

The compact Monaco 5.1 system from Platin is Tuned by THX and perfectly combines high-definition audio quality and a less than 5.2 millisecond latency for picture-perfect lip sync. With only a 1-microsecond synchronization between speakers, the result is amazing accuracy and clarity. The system fits easily into any size living space--no audio cables required--and users can connect the speakers to any AC outlet. WiSA SoundSend decodes Dolby Digital, Dolby Digital +, Dolby TrueHD and Dolby Atmos and offers audio quality of up to 24bit/96kHz. The SoundSend and Monaco combination can also create virtual Dolby Atmos experiences when an Atmos signal is delivered to SoundSend.

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 combines robust, high definition, multi-channel, low latency surround sound with the simple setup of a soundbar. 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 about Summit Wireless Technologies, Inc., 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 artist’s 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.

© 2020 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 and certification marks of WiSA, LLC. Third-party trade names, trademarks and product names are the intellectual property of their respective owners.

Contacts

Sarah Cox, Dittoe PR for WiSA, 765.546.1036, sarah@dittoepr.com
Keith Washo, WiSA Association, 984.349.272, kwasho@wisaassociation.org

FAQ

What new product has Summit Wireless Technologies (WISA) launched?

Summit Wireless Technologies has launched a wireless home cinema bundle featuring the WiSA SoundSend audio transmitter and the Tuned by THX Monaco 5.1 Immersive Wireless Home Audio System.

What is the price of the WiSA home cinema bundle?

The WiSA home cinema bundle is priced at $899.

Where can I purchase the WiSA SoundSend and Monaco bundle?

The bundle is available for purchase on Amazon, Newegg, eBay, and will be available at Target later this week.

Is there a promotion for the WiSA bundle during the holidays?

Yes, there is a special holiday promotion valid through December 31.

WiSA Technologies, Inc.

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