VerifyU credentialing with patented ADIO &
WiSA technologies to connect NFL alumni to benefits and statistical
credentials, fans, venues and events with acoustic mobile quick
response
WiSA Technologies, Inc. (Nasdaq: WISA), which closed its
purchase of Datavault and ADIO IP and IT assets, and is leading the
way in data visualization, valuation, and monetization, furthers
its VerifyUTM commercialization strategy that was announced today
by the National Football League Alumni (NFLA). The Web 3.0 project
is with the historic and World-renowned NFLA in a 3-year deal.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20250122519266/en/
“We are focused on the immediate commercialization of VerifyU,
Data Vault, ADIO and our WiSA families of technologies that will be
introduced through NFLA, and we are honored to initiate our work
with this agreement,” said Nathaniel Bradley, CEO of WiSA
Technologies. “This agreement leverages VerifyU, our patented blend
of Data Vault and ADIO, as an advertising platform that we will
monetize as a percentage of sales in a split with the NFLA.”
“This groundbreaking partnership with Datavault AI is a pivotal
advancement in our efforts to empower NFL Alumni by adding a
crucial building block to our Name, Image, and Likeness (NIL)
vertical,” stated Brad Edwards, CEO of the NFL Alumni Association.
“This collaboration not only enhances access to benefits but also
creates new revenue streams, ensuring our members can leverage
their legacies and continue to thrive beyond their playing
careers.”
Echoing this sentiment, Billy Davis, a two-time Super Bowl
champion with the Dallas Cowboys and Baltimore Ravens, added, “I am
looking forward to this collaboration, and as co-director of the
NFL Alumni healthcare platform, I see this partnership as a
tremendous benefit for our members.”
Further emphasizing the significance of this initiative,
Nathaniel T. Bradley highlighted the technological innovations
driving the partnership forward. “Protecting the NFL Alumni brand
and providing proof of statistical credential are paramount in
leveling the playing field when it comes to access to benefits,”
continued Bradley. “We are enabling a practical and efficient use
of high-performance computing with our software and Artificial
Intelligence to serve the many NFL Alumni members who have brought
us athletics, entertainment, and inspiration. Some of the most
profound memories, lessons, and role models in life have come
through the thrill of victory as well as the agony of defeat. This
project will benefit NFL Alumni with immutable and optimized tokens
through the use of our patented data management and AI.”
This agreement begins a flagship project in sports and
entertainment that will:
- Create a standard for the use of Web 3.0 crypto anchors and
interactive media to connect alumni members immutably to their
benefits.
- Mint VerifyU credential tokens for alumni members past, present
and future.
- Provide breakthrough utilities, including an index of available
benefits, career transition, alumni connectivity and encrypted
identifying acoustic signals to protect and identify the NFL
Alumni’s members.
- Include utilities such as pre-negotiated smart contracts that
allow for NFL Alumni to legally and compliantly monetize their own
name image (NIL) using the company’s patented Information Data
Exchange, and other Web 3.0 tools.
About WiSA Technologies, Inc.
On December 31, 2024, WiSA Technologies, Inc. (Nasdaq: WISA)
closed its acquisition of Datavault® and ADIO® intellectual
property and information technology assets of privately held Data
Vault Holdings Inc.® and will be changing its name to Datavault AI
in January 2025. Data Vault Holdings Inc. is a technology holding
company that provides a proprietary, cloud-based platform for the
delivery of blockchain objects. Data Vault Holdings Inc. provides
businesses with the tools to monetize data assets securely over its
Information Data Exchange® (IDE). Learn more about Data Vault
Holdings Inc. at www.datavaultsite.com.
About National Football League Alumni
Founded in 1967 by a small group of successful retired NFL
players, the National Football League Alumni is the oldest, most
well-known and well-respected retired player organization in
professional sports. Membership includes thousands of retired
players, coaches, front office executives, spouses, cheerleaders,
and avid fans. A primary mission of NFL Alumni is “Caring for Our
Own” as we inform, assist, and serve players in their post-NFL
lives. Alumni are offered a diverse package of medical, business,
and legal services to help keep them and their families healthy,
productive, and connected to the league and their former teammates.
NFLA is a non-profit organization.
Cautionary Note Regarding Forward-Looking Statements
This press release of WiSA Technologies contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended (the “Securities Act”), and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements, include, among others, the Company’s expectations with
respect to the completed asset purchase (the “Asset Purchase”),
including statements regarding the benefits of the Asset Purchase,
the implied valuation of the Company, the products offered by the
Company and the markets in which it operates, and the Company’s
projected future results and market opportunities, as well as
information with respect to WiSA’s future operating results and
business strategy. Readers are cautioned not to place undue
reliance on these forward-looking statements. Actual results may
differ materially from those indicated by these forward-looking
statements as a result of a variety of factors, including, but not
limited to: (i) risks and uncertainties impacting WiSA’s business
including, risks related to its current liquidity position and the
need to obtain additional financing to support ongoing operations,
WiSA’s ability to continue as a going concern, WiSA’s ability to
maintain the listing of its common stock on Nasdaq, WiSA’s ability
to predict the timing of design wins entering production and the
potential future revenue associated with design wins, WiSA’s
ability to predict its rate of growth, WiSA’s ability to predict
customer demand for existing and future products and to secure
adequate manufacturing capacity, consumer demand conditions
affecting WiSA’s customers’ end markets, WiSA’s ability to hire,
retain and motivate employees, the effects of competition on WiSA’s
business, including price competition, technological, regulatory
and legal developments, developments in the economy and financial
markets, and potential harm caused by software defects, computer
viruses and development delays, (ii) , risks related to WiSA’s
ability to realize some or all of the anticipated benefits from the
Asset Purchase, any risks that may adversely affect the business,
financial condition and results of operations of WiSA after the
completion of the Asset Purchase, including but not limited to
cybersecurity risks, the potential for AI design and usage errors,
risks related to regulatory compliance and costs, potential harm
caused by data privacy breaches, digital business interruption and
geopolitical risks, and (iii) other risks as set forth from time to
time in WiSA’s filings with the U.S. Securities and Exchange
Commission. The information in this press release is as of the date
hereof and neither the Company nor Datavault undertakes any
obligation to update such information unless required to do so by
law. The reader is cautioned not to place under reliance on forward
looking statements. The Company does not give any assurance that
the Company will achieve its expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250122519266/en/
David Barnard, Alliance Advisors Investor Relations,
415-433-3777 dbarnard@allianceadvisors.com
WiSA Technologies (NASDAQ:WISA)
過去 株価チャート
から 12 2024 まで 1 2025
WiSA Technologies (NASDAQ:WISA)
過去 株価チャート
から 1 2024 まで 1 2025
