HIW Hiwave Tech

TIDMHIW

Hiwave Technologies PLC

16 May 2012

16 May 2012

HiWave Technologies plc

Design win round-up

Cambridge, UK, May 16, 2012: HiWave Technologies (LSE:HIW), which develops and sells electronic components and devices that utilise innovative sound and touch technologies, announces today that with a series of design wins into new and existing customers HiWave continues to increase its penetration into its target audio markets.

James Lewis, CEO, reports:

"We have been making advances with our audio transducer and semiconductor components across market sectors, with numerous opportunities moving through the pipeline, some of which we can now discuss as they reach production quantities and client development confidentialities fall away. Using HiWave's technology, all of these products deliver extremely high quality sound with the added benefit of very low power consumption.

"HiWave has continued to expand its global reach with the addition of sales representatives and distributors, and is generating an increasing number of sales leads with its recent new product and reference design launches. The company anticipates an increasing number of design wins."

Sound Science has launched a small but powerful portable Bluetooth speaker called Qb-Mito that uses a BMR speaker drive unit combined with an Audium amplifier chip. Under its new brand Frankenspiel, the company has also announced two further products, the FS-1 small format stereo cube speakers that connects to a host computer via USB, and utilize BMR and Audium amplifier components and the Panettone, a 250W portable speaker system that uses large size BMRs designed by HiWave licensee Cotswold Sound Systems.

German customer Flatsonic has launched its Cinos flat panel speaker system for home theatre which uses balanced exciters to deliver a wide angle room-filling sound. Cello, a UK-based developer of flat panel TVs has launched a sound bar for TVs that uses a pair of BMR drive units. Scandinavian start-up Nordic has launched a sound cover for iPads which improves the sound pressure level by a factor of three. This product uses HiWave exciters in a slim casing that doubles as an iPad protective sleeve. HiWave continues to supply BMR speaker drive units and Audium amplifier chips to Revo who utilizes them in their K2 and Axis DAB radio/iPod docks.

HiWave is also making inroads into the industrial and military sectors. Lift manufacturer Schindler has designed exciters into its new communications consoles to deliver clearer information and emergency messaging to building occupants. US company iRobot has created a small, light and throwable situational awareness robot for special operations forces called "FirstLook", that uses exciters in its sealed structure to deliver communications, where normal speakers could not have been used.

Cotswold Sound System, HiWave's Hi-Fi specialist licensee continues to evolve its own BMR designs targeted at audiophile applications. Its designs are used extensively by Cambridge Audio in the Minx Home Theatre products, and it has recently achieved design wins in high-end Hi-Fi products from Rega, HiFi Critic, Accolade Audio and Marantz. This demonstrates that HiWave's patented BMR speaker driver is a technology capable of delivering sound quality that satisfies the most critical audio connoisseur, yet meets the cost targets for consumer audio products.

The first BMR ceiling speaker unit utilizing Cotswold-designed drive units has been launched by Australian manufacturer Akoustiks targeting hotels, restaurants, offices and conference centres, where BMR's ultra-wide dispersion of clear audio is advantageous. Additionally US customer Lightspeed has introduced an excited panel ceiling speaker into their range of classroom audio products. The education market is a promising one for HiWave with PolyVision's continued use of balanced exciters in their interactive white boards.

Enquiries

For further information please contact:

 
 HiWave Technologies plc    +44 (0)1223 598 490 
 James Lewis 
  Kate Barnes 
 
 FTI Consulting             +44 (0)20 7831 3113 
 Sophie McMillan 
  Clare Thomas 
 

About HiWave:

HiWave Technologies develops and sells electronic components and devices with innovative sound and 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAAAMPTMBMBBIT

Hiwave Tech (LSE:HIW)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024

Hiwave Tech (LSE:HIW)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024