Hiwave Technologies PLC Contract Win

TIDMHIW

Hiwave Technologies PLC

14 August 2012

HiWave's efficient amplifier ICs adopted by Hercules to extend battery life in portable wireless Hi-Fi speakers

25W WAE (Wireless Audio Experience) speaker gives 20 hours of typical playback from single battery charge

Cambridge, UK, August 14, 2012: HiWave Technologies (LSE:HIW), a provider of innovative audio amplifier ICs, full frequency range speaker drivers and next generation haptic touch devices, today announced a design win with Hercules (brand of GuillemotCorporation), shipping its low power amplifier chips for use in a new 25W portable wireless speaker system for the consumer Hi-Fi sector - the WAE WSM01.

The WAE WSM01 uses HiWave's HiAS2002, the industry's most efficient amplifier IC, todeliver over 20 hours of music playback at typical usage levels; approximately 30 albums. HiWave's amplifier IC is 10x more efficient under typical usage levels compared with Class D amplifiers, the next most efficient amplifier topology.

Launched in July 2012, the Hercules WAE WSM01 is the first in Hercules' WAE (Wireless Audio Experience) family of wireless consumer HiFi speakers. It has a wireless range of 20m and was designed to connect to a central media server, PC or laptop from anywhere in the home using a high quality proprietary wireless standard (2.4GHz). Users connect Windows, Mac OS or Linux PC to the speaker via a plug and play 2.0 USB dongle.

The battery powered speakers utilise the amplifier IC's on-board equalisation system and digital signal processor to deliver a rich bass (50Hz to 20KHz) and a high quality, non-clipping audio to consumers.

The speakers are shipping now and are available in the UK, Germany, France, Italy and Spain from leading stores priced at GBP179 / EUR199.

"The wireless speakers we have launched give a fantastic depth of audio with great bass and long battery life. The WAE WSM01 are simple to use and look great, so we believe they will hit the right area of the market," said Vincent Quere, product development Manager with Hercules.

"Hercules is a well-known brand and audio specialist in computer DJing and speaker systems, and the company has a strong track record of producing popular, striking designs and we are very excited that our low power amplifier technology is a key part of this exciting new product," said James Lewis, CEO of HiWave.

Ends

For further information please contact:

 
 HiWave Technologies plc        +44 (0)1223 598 490 
 James Lewis 
  http://www.hiwave.com 
 
 Media enquiries                +44 (0)1225 470 000 
 Publitek Limited 
  Bob Jones or Rob Ashwell 
  Email: hiwave@publitek.com 
 
 Financial media enquiries      +44 (0)20 7831 3113 
 FTI Consulting 
  Sophie McMillan 
  Clare Thomas

About HiWave:

HiWave Technologies PLC develops and sells electronic components and devices with innovative audio and haptic touch technologies to add outstanding user appeal to consumer electronics.

HiWave's audio amplifier chips and modules are as much as 20 times more efficient than other sound technologies and its loudspeaker drivers create extremely high quality sound using bending wave technology. HiWave's patented haptic 'touch' technologies can transform a flat screen on a smartphone or tablet computer so that the user can feel the switch or click of a keypad but without any moving parts.

Founded in late 2010, in the rebirth of NXT, the company is headquartered in the UK and has offices in Hong Kong. It is listed on the London Stock Exchange (LSE:HIW).

About Guillemot Corporation: Guillemot Corporation is a designer and manufacturer of interactive entertainment hardware and accessories. The Group offers a diverse range of products under its Hercules and Thrustmaster brand names. Active in this market since 1984, the Guillemot Corporation Group is currently represented in 11 countries, including France, Germany, the United Kingdom, the United States, Canada, Belgium, Holland, Hong-Kong, Romania and Italy, and distributes its products in over 30 countries worldwide. The group's mission is to design high-performance and user-friendly products to improve the satisfaction of users of interactive digital entertainment solutions. www.guillemot.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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