Press release

HiWave targets Silicon Valley by appointing Moulthrop as the local sales representative

Cambridge, UK, July 5, 2011: HiWave Technologies (LSE:HIW), the provider of electronic and transducer solutions for audio and haptic touch, announces the appointment of Moulthrop Sales Incorporated as its representative for Northern California and Northern Nevada, USA. Moulthrop has been marketing electronic components and sub-assemblies in the region since 1950. It represents 15 manufacturers and the products the company sells include semiconductors, LEDs, passive components and electromechanical parts.

James Lewis, CEO of HiWave said: “I’m confident that Moulthrop will do a great job in creating business for our growing range of ultra-efficient audio amplifier ICs, transducers, exciters and haptic touch products. Their technical skills are matched by an in-depth understanding of the markets they’ve served so successfully for the last 60 years. It puts them in a unique position to support our customers in the region.”

Moulthrop’s President, Clark Moulthrop added: “Despite globalisation, a very large number of [consumer electronics] manufacturers have design centres and decision makers, here in Silicon Valley. HiWave’s products are particularly exciting because they enable significant advances in the design of consumer electronic products. The company’s ICs and transducers deliver amazing audio performance for battery powered devices and the quality of its haptic touch technology is going to transform users’ experience of touch panels. We’re delighted to be working with such an innovative company that’s going to help us deliver competitive advantage to our customers.”