Sound Dimension (SOUND) Status update summary

Partnership announcement and integration

• Announced a new partnership with TVU Networks, a global, venture-capital-backed media technology company with over 4,000 media organization customers and billions of viewers worldwide.

• AiFi audio synchronization technology is now integrated into TVU MediaMesh, enabling immersive surround sound for live and on-demand streams using viewers' existing mobile devices.

• The partnership leverages a revenue share model, allowing both parties to sell and scale the integrated solution to TVU’s existing customer base.

• The solution enables synchronized sound delivery for live events, supporting use cases like sports broadcasts, accessibility for hearing aids, and personalized audio in venues.

• AiFi operates as a software-only SDK, requiring no additional hardware, and is protected by multiple patents.

Commercial potential and business case

• The technology can significantly increase ad inventory and revenue for broadcasters by enabling more interactive screens and personalized advertising, with hypothetical models suggesting up to 83% higher ad income for major events.

• Use cases include synchronized audio for groups, targeted advertising, accessibility features, and solo audio experiences in public venues.

• The partnership provides a strong commercial position and credibility, making it easier to engage with other potential customers and partners.

• Ongoing discussions are taking place with both large and small potential partners beyond TVU.

• Integration simplifies the addition of premium audio to production and distribution workflows without increasing operational complexity.

Technical and strategic milestones

• Achieving live stream synchronization with TVU is considered a major technical milestone, reducing perceived technical risk and validating the solution for broader adoption.

• Patent filings and approvals have been prioritized to protect the technology and strengthen negotiation positions in commercial discussions.

• The company is focused on educating TVU’s sales team and ensuring the value proposition is clearly communicated to customers.

• TVU MediaMesh continues to serve as a backbone for cloud-based live production, reinforcing its leadership in the sector.