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How WiSA Technologies’ (NASDAQ: WISA) Latest Product, WiSA E, Is Revolutionizing The Audio Industry

Benzinga

By Faith Ashmore, Benzinga WiSA Technologies (NASDAQ: WISA) has emerged as a leader in the audio and video entertainment sector through its pioneering wireless technology. With its latest innovation launched in 2023, WiSA E, the company looks poised to revolutionize the industry and solidify its position as the premier solution for high-quality wireless audio for home entertainment (across multiple channels). This innovative spatial audio technology offers up to eight independent channels of HD audio, providing an immersive listening experience. WiSA E transmits and receives uncompressed 24-bit 48 kHz sound over a 5 GHz Wi-Fi network. As a result, users can enjoy high-quality audio without any lag or latency issues. One of the key features of WiSA E is its interoperability with other certified WiSA E-enabled devices. The WiSA Association has established an interoperability standard that certifies products as compatible with each other, thus creating an industry benchmark for superior audio quality. This means that WiSA E-enabled products can work flawlessly with any other certified WiSA E-enabled device, providing a hassle-free setup. “This is a game changer in the industry,” shared Brett Moyer, CEO of WiSA Technologies. “WiSA E will be used by a major CE manufacturer to embed high-quality immersive audio functionality in their devices – functionality that can be activated by the consumer in their home. This is significant because this new model seeds the market with WiSA E and gives the consumer the ability to upgrade their home entertainment system at any time they choose. With this model, WiSA has a built-in aftermarket revenue stream for the major consumer electronics TV, projector, and set-top manufacturers with each activation of its software. This was a strategic move for WiSA Technologies to convert its award-winning hardware into a software model.” WiSA Technologies Has Always Focused On Elevating Industry Standards From the beginning, the company focused on assembling talented teams across various departments, including research and development, sales, marketing and management. This strong foundation allowed WiSA to consistently prioritize innovation and deliver superior entertainment experiences. The formation of the WiSA Association was a pivotal moment in the company's trajectory. With over 70 members, the association has helped foster relationships with leading consumer electronics manufacturers. To ensure the success of WiSA E, WiSA Technologies has also introduced the Propel program, which encompasses several strategic initiatives. These initiatives include efforts to standardize industry solutions, achieve consistent revenue performance, reduce infrastructure costs and maximize long-term shareholder value. By forging partnerships with TV/audio speaker and chip manufacturers, WiSA Technologies aims to create new revenue streams through enhanced WiSA E technology. The company has developed stringent specifications compliance and fostered close working relationships with consumer electronics manufacturers and chip makers, enabling WiSA to produce high-volume, lower-cost solutions that will have a direct impact on the company's bottom line. By expanding interbrand operability among premier audio manufacturers and delivering premium technology solutions to mass-market audio systems, WiSA is solidifying its position as an industry innovator. Featured photo by Mollie Sivaram on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 17, 2024 08:25 AM Eastern Daylight Time

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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024

TRON DAO

Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key data points and metrics of the TRON networks, setting it apart from comparable blockchain networks: Daily Transaction Fees: TRON leads with $4.4 million in daily transaction fees, significantly higher than its peers, highlighting the network’s robust activity and utility. Daily Active Users: Averaging 1.6 million daily active users across Q1, TRON is a leading blockchain for user activity, demonstrating a vibrant and engaged user base that supports continuous network growth. Transaction Volume and Efficiency: TRON’s high transaction volume and operational efficiency underscore its strong infrastructure, which is optimized to handle extensive activity without compromising speed or cost. Messari’s Comprehensive Insights Messari’s report showcases key areas of TRON’s growth and strategic advancements: Revenue and Market Expansion: With a 15% increase in market cap and record Q1 revenue of $128.1 million, TRON has solidified its place among the top revenue-generating blockchain networks. DeFi and Stablecoin Sector Growth: TRON’s DeFi sector saw a 25% increase in TVL, while its stablecoin market cap, dominated by USDT, grew by 8%, further anchoring its pivotal role in the global stablecoin market. Layer-2 Development for Bitcoin: The TRON DAO’s introduction of a Layer-2 solution for Bitcoin marks a pivotal development, aiming to integrate the TRON network, BitTorrent Chain, and Bitcoin networks to boost scalability and functionality. Further Insights Both reports highlight TRON’s resilience and strategic adaptability. Messari notes the network’s deflationary token model as a key factor in its economic stability. Token Terminal’s analysis of TRON’s transactional efficiency and user engagement sheds light on its capacity for sustaining growth and increasing adoption. For a more granular look at TRON’s performance metrics and strategic initiatives, the full reports can be accessed through Token Terminal and Messari’s platforms. Keep up with TRON DAO for the latest updates and developments as we continue to push the boundaries of decentralization and blockchain innovation worldwide. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 17, 2024 08:00 AM Eastern Daylight Time

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Neural Therapeutics CEO Ian Campbell discusses potential CSE listing and future plans

Neural Therapeutics Inc.

Neural Therapeutics CEO Ian Campbell discusses the company's conditional approval to list on the Canadian Securities Exchange (CSC) in an interview with Proactive's Stephen Gunnion. Campbell explained that the CSE listing is a strategic move, enabling broader market participation and capitalisation on its advancements. The company aims to raise $500,000, primarily for research and development efforts and securing intellectual property, including two patents. Campbell highlighted the growing interest in psychedelic treatments, noting the significant investment in this sector and the 44% rise of the Psychedelic Invest Index this year. He emphasised the mental health crisis and the inadequacy of outdated therapies, positioning psychedelics as a promising and disruptive alternative. Neural Therapeutics specialises in mescaline extracted from the San Pedro cactus, a substance with a long history of safe use. Campbell noted mescaline's unique properties, such as its longer duration in the body, which supports neuroplasticity and potential treatment for mental illnesses like addiction without causing hallucinations. The CSE listing is expected to enhance the company's visibility, attract investment, and accelerate drug development. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 17, 2024 08:00 AM Eastern Daylight Time

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Arecor Therapeutics reports strong 2023 results and outlines expanding product pipeline

Arecor Therapeutics PLC

Arecor Therapeutics PLC (AIM:AREC)C CEO Sarah Howell discusses the company's 2023 performance and future plans with Proactive's Stephen Gunnion. Howell highlighted that Arecor has seen significant growth, particularly with the launch of products incorporating its Arestat technology under a global licensing agreement, generating royalties. Six new technology partnerships were established with major pharma and biotech companies, offering potential for future licensing and market development. Arecor focuses on diabetes and obesity, with clinical results for their proprietary product, AT278, expected soon. This highly concentrated, rapid-acting insulin aims to provide better glucose control for type 2 diabetics with high BMI and support the next generation of insulin pump devices. Tetris Pharma, a subsidiary, has shown strong growth under new leadership, with product sales tripling to £2.9 million in 2023. Its lead product, glucagon, has contributed significantly to this growth. Howell also noted the importance of technology partnerships and licensing programs. Arecor has entered into three active license programs and is progressing well with its partners. One notable partnership is with Medtronic to develop a concentrated, stable insulin for intra-peritoneal delivery, aiming to reduce hospital visits for patients with brittle diabetes. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:20 AM Eastern Daylight Time

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Empire Metals reveals more promising drill results confirming Pitfield project's titanium potential

Empire Metals Ltd

Empire Metals Ltd (AIM:EEE) managing director Shaun Bunn discusses the results from the final 22 reverse circulation (RC) holes at the company's Pitfield project in Western Australia with Proactive's Stephen Gunnion. The drilling campaign targeted two key areas, the Cosgrove and Thomas prospects, each spanning approximately 25 km². Bunn highlighted that every hole intercepted high-grade titanium from surface to depth, indicating the presence of a highly weathered cap with up to 15% higher grade at the surface. Additionally, Bunn mentioned the completion of four diamond drill holes with excellent core recovery, pending analytical results. These core samples are critical for mapping geological structures and obtaining metallurgical and mineralogical data. The drilling program comprised 107 holes, covering over 17,000 metres, including seven diamond drill holes. Bunn explained that the company has mapped a giant mineral system over 30 to 40 km in strike length, with the deepest drilling reaching 400 metres. The focus is now on higher-grade sandstone-dominated systems near the surface at the Cosgrove and Thomas prospects. The next steps include delineating chalk exploration targets and determining the tonnage and scale of these deposits. Empire Metals has engaged Snowden Optiro to provide geological expertise and ensure compliance with JORC standards. Snowden will assist in preparing geological models and defining high-grade zones, working closely with the exploration team. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:15 AM Eastern Daylight Time

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Caledonia Mining reports strong Q1 2024 performance as production and gold prices improve

Caledonia Mining Corporation PLC

Caledonia Mining Corporation PLC chief executive Mark Learmonth takes Proactive's Stephen Gunnion through the company's first-quarter performance. Caledonia increased gold production from over 16,000 ounces in the same period in 2023, to 17,500 ounces. This boost in production, coupled with a favourable gold price, resulted in gross profit rising from under $6 million to nearly $14 million. However, despite a reported net profit of $2.1 million, this figure included a substantial foreign exchange loss, specifically due to the devaluation of the Zimbabwean dollar. Adjusted for this loss, the earnings per share (EPS) shifted from a loss of $0.29 in Q1 of 2023 to a profit of $0.27 in Q1 of 2024. Learmonth also addressed issues from the previous year, notably the Bilboes project, which had underperformed due to low-grade ore and resulted in its placement on care and maintenance from October 2023. Additionally, the company has managed a reduction in all-in sustaining costs from $1,400 an ounce to the mid-$1200s. Learmonth expressed hope regarding the new Zimbabwean currency, the ZiG, backed by gold, which was introduced in early April 2024 to stabilise and potentially appreciate the financial landscape. Furthermore, the company announced a significant resource update, indicating a doubling of reserves and a 60% increase in measured and indicated resources. The life of the mine for the Blanket Mine has now been extended to 2034 and potentially into the 2040s with inferred material. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 17, 2024 03:10 AM Eastern Daylight Time

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Newmark Security wraps up strong year as positive momentum continues

Newmark Security PLC

Newmark Security PLC CEO Marie-Claire Dwek takes Proactive's Stephen Gunnion through the company's trading update for the year to 30 April 2024 following a strong second-half performance. The UK-based firm, specialising in electronic software and security systems, has observed a positive revenue trajectory, reaching over £22 million. This increase was complemented by significant improvements in EBIT, EBITDA, and cash flow figures, with year-end cash rising to £1.1 million from £600,000 in the previous year. Growth was recorded across both divisions—People and Data Management and Physical Security—with Human Capital Management (HCM) posting a 28% increase in recurring revenues to £2.9 million for the year. Dwek highlighted the company's expansion in the US market, including setting up a US headquarters and internalising logistics operations, which has enhanced service responsiveness and operational efficiency. Looking ahead, Dwek remains optimistic about the new financial year, pointing to a strong sales pipeline with potential in both hardware and software, indicating a continued upward trend in growth and expansion for Newmark Security. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:00 AM Eastern Daylight Time

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A New Era for On-Chain Airdrops! HTX Liquid Restaking: Your Gateway to Effortless Airdrop Rewards

HTX

Following the recent distribution of the first Merlin Chain (MERL) Airdrop, Restaking has once again taken center stage as a highly sought-after sector among investors in the crypto sphere. HTX Liquid Restaking has distinguished itself in this airdrop event by adhering to on-chain airdrop rules, offering lucrative yields, and providing individual users with the opportunity to receive up to 112,816 MERL tokens as airdrop rewards. Once more, these qualities have earned HTX praise and recognition from the investment community. As the first exchange to introduce Restaking services, HTX Liquid Restaking has revolutionized how users participate in on-chain airdrops. With features like zero-threshold, no-staking, and no-lockup, it provides unparalleled convenience and flexibility, making it effortless for users to claim on-chain rewards. No Lock-up, More Flexibility! What Else Makes Liquid Restaking on HTX the Preferred Choice? Restaking, at its core, involves re-staking already staked crypto assets to earn additional rewards. HTX Liquid Restaking, however, breaks away from the conventional model of restaking, ushering in a groundbreaking new dimension for airdrops. In comparison to on-chain staking, HTX Liquid Restaking eliminates the need for staking and lock-up assets, offering the following distinct advantages: 1. Easy Accessibility: Traditional staking models typically require users to lock up a specific amount of crypto assets in a smart contract for a set period to earn corresponding rewards. HTX's zero-staking, no-lockup model, represented by Liquid Restaking, revolutionizes the staking landscape by eliminating these limitations. Users can join the event at any time without the need to pre-lock their assets, significantly reducing the entry barrier. 2. Flexibility and Liquidity: HTX's zero-staking, no-lockup model guarantees users full control over their assets. With HTX Liquid Restaking available for both spot and futures accounts, users have the freedom to withdraw and trade their funds at any time without facing lock-up constraints. This flexibility empowers users to adjust their investment strategies according to market conditions, enabling them to seize opportunities more effectively. 3. Reduced Risk: Users do not need to perform complex on-chain transfers, mitigating potential asset risks linked to improper management of on-chain wallets. 4. Enhanced User Participation: HTX's zero-staking, no-lockup model allows participants to join the event at any time and earn rewards effortlessly, boosting user enthusiasm and investment drive. Conversely, traditional staking models, which often require prolonged asset lock-up, make participants more cautious and hesitant. Therefore, HTX's Liquid Restaking, characterized by its zero-staking, no-lockup model, is uniquely designed to cater to user needs. This approach empowers participants to join the event at any time and effortlessly earn airdrop rewards, free from the constraints of asset lock-ups. This truly provides participants with a straightforward participation experience. Trustworthy Liquid Restaking Projects, Carefully Selected by the HTX Team Besides zero-threshold and flexibility, HTX Liquid Restaking boasts a host of other key advantages: Firstly, HTX Liquid Restaking removes the limitations that typically require users to lock up their assets for a period when participating in staking under the traditional model. Users can freely withdraw and trade their crypto assets at any given time, unaffected by lock-up periods. Furthermore, all on-chain projects available in HTX Liquid Restaking undergo meticulous selection by the platform's investment research team. This ensures the security of participants' assets and transaction transparency, enabling users to feel safe and secure when participating in the event. Most importantly, HTX Liquid Restaking offers users airdrop rewards equivalent to those from direct on-chain participation. Supported by the guarantee of asset safety and without affecting users' fund liquidity, the event also offers them an opportunity to realize wealth appreciation by securing additional earnings. In summary, HTX Liquid Restaking, a groundbreaking model, heralds a new era for users to effortlessly claim airdrop rewards. With zero-threshold, no-staking, and no-lockup features, it offers unparalleled convenience and flexibility to investors. By participating in the event with a simple "one-click", users can harvest lucrative rewards without missing out on any benefits of the on-chain restaking sector. Seize the opportunity and join HTX Liquid Restaking now to claim a share of airdrops from popular projects like BounceBit, EigenLayer, and Puffer, and prepare for even more exciting additions in the future. Early participants stand to pocket higher rewards. Get ready for even more excitement ahead! Participants can either join an existing team or create one by teaming up with friends to receive boosts on their rewards through HTX Liquid Restaking. Invite more friends to join this event to claim more airdrop rewards. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

May 17, 2024 02:15 AM Eastern Daylight Time

Immunic highlights IMU-856 gastrointestinal candidate to mark International Celiac Day

Immunic Inc

Immunic Inc (NASDAQ:IMUX) chief scientific officer Hella Kohlhof joined Proactive's Stephen Gunnion on International Celiac Day, in the middle of Celiac Disease Awareness Month, to discuss the disease and the company’s developments in treating it. Kohlhof explained that celiac disease is a severe autoimmune disorder affecting around 1% of the global population, predominantly females. Unlike gluten intolerance, celiac disease involves an immune reaction to gluten, leading to gut inflammation and destruction. The only current treatment is a gluten-free diet, which is not effective for all patients. Kohlhof elaborated on the disease's scientific background, highlighting its genetic association with specific HLA genotypes (HLA-DQ2 and HLA-DQ8). She explained that celiac disease is triggered by the immune system's reaction to deaminated gluten peptides, causing inflammation and damage to the gut lining. Immunic is developing IMU-856, an epigenetic modulator, to treat gastrointestinal diseases like celiac disease. IMU-856 enhances gut regeneration and strengthens the gut barrier, improving patients' conditions. Kohlhof detailed the successful completion of a Phase 1b study in celiac patients, which demonstrated the drug’s safety, good pharmacokinetic properties, and positive effects on symptoms, biomarkers, gut histology, and nutrient uptake during a gluten challenge. The study confirmed the potential of IMU-856 in treating celiac disease, and further exploration of its mode of action is ongoing. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 16, 2024 05:54 PM Eastern Daylight Time

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