InvestorNewsBreaks – WiSA Technologies Inc. (NASDAQ: WISA) Announces Datavault Partnership with CLEAR to Enhance KYC Solution

September 26, 2024 09:05:00

WiSA Technologies (NASDAQ: WISA) has announced that Data Vault Holdings Inc., which is under a definitive asset purchase agreement to sell its Datavault(R), ADIO(R) intellectual property (“IP”) and information technology (“IT”) assets to WiSA, is partnering with a leading security identity platform: CLEAR. Data Vault Holdings is a technology holding company that provides a proprietary, cloud-based platform for the delivery of blockchain objects. According to the announcement, Data Vault will be utilizing CLEAR to power its Know Your Customer (“KYC”) solution and provide enhanced security, compliance and trust in its new user accounts.

“Data Vault Holdings is proud to partner with a market leader like CLEAR, whose success and trusted partnerships have set a high standard in identity verification,” said Data Vault Holdings CEO Nathaniel T. Bradley in the press release. “With the rise of the NIL market and the growing importance of KYC in revenue-generating activities, we are confident this collaboration will deliver industry-leading solutions for businesses and individuals alike.”

To view the full press release, visit https://ibn.fm/ViEdR

About WiSA Technologies Inc.

WiSA Technologies 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; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports and more. WiSA is a founding member of the Wireless Speaker and Audio Association (“WiSA”[TM]) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies. The company is headquartered in Beaverton, Oregon, with sales teams in Taiwan, China, Japan, Korea and California. For more information about the company, please visit www.WiSATechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to WISA are available in the company’s newsroom at https://ibn.fm/WISA

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