FST.L Regulatory News (FST)

Frontier Smart Technologies Group Ltd

('Frontier' or the 'Group')

Multiple design wins for Frontier Silicon smart audio technology

Frontier (AIM: FST), a pioneer in technologies for Digital Radio and Smart Audio devices, announces that its Minuet technology platform has been chosen by three US brands - Brookstone, Jensen and SŌLIS - to power nine new smart audio devices with Chromecast built-in.

Brookstone, a leading US speciality retailer with over 200 North American stores, is using Frontier's Minuet platform for four new wireless speakers in its "Big Blue" range. The first two products are already on sale, and the next two are expected in retail in Spring 2017.

The second brand is Jensen, a well-known audio brand licensed by Spectra Merchandising International Inc. ('Spectra'). At CES 2017, Jensen launched two Bluetooth/Wi-Fi Wireless Stereo smart speakers, the JSB-1000 and JSB-2000, incorporating the Minuet solution. Finally, SŌLIS, a new Spectra brand, has this year launched three wireless stereo smart speakers using the Minuet technology. 

These new contracts follow the Group's first design win for Harman, the world's leading provider of wireless home audio devices, for the JBL Playlist speaker.

The Group is one of a very small number of solution providers working with Google on its Chromecast platform, a pioneering audio technology which enables smart speakers to stream via Wi-Fi over 150 online music services, such as Spotify, Pandora and iHeartRadio. In addition, Frontier recently updated its software, so that all products work with the Google Assistant, which means they can be controlled using voice via a Google Home device.

Anthony Sethill, CEO, Frontier said:

"Smart Audio represents a significant opportunity for Frontier. Brookstone, Jensen and SŌLIS are leading innovators in this sector. By combining our audio technology expertise, our relationship with Google and our experience of working with leading audio brands and their manufacturers, we have helped deliver an unrivalled range of smart audio speakers. We look forward to continuing to pioneer this exciting new market and anticipate announcing further design wins shortly."

David Figler, Vice President of Brookstone Products, said:

"The incorporation of Google's Chromecast technology into our "Big Blue" range of wireless speakers is an important innovation - for both Brookstone and our customers.  Working with Frontier has enabled us to deliver market-ready products quickly, reliably and cost-effectively."

Patricia Schoenberg, President of Spectra Merchandising International Inc., said:

"We spent many months, beginning early in 2016, evaluating all the opportunities to launch multi-room streaming speakers with amazing sound. We chose Frontier with Chromecast built-in based on our belief that this is the best technology for our considerable investment in these new products for both our Jensen and SŌLIS brands."-

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About Frontier Smart Technologies Group Limited

Frontier Smart Technologies Group is a pioneer in Digital Radio and Smart Audio technologies, providing chips, modules and software for consumer audio devices. The Group has a single operating division, Frontier Silicon, which was founded in 2001. Frontier is headquartered in London, with engineering, sales and operations teams in Cambridge, Timisoara (Romania), Hong Kong and Shenzhen.

For more information please visit www.frontiersmart.com

Further information on Brookstone's smart audio speakers can be found at: http://www.marketwired.com/press-release/brookstone-launches-big-blue-wi-fi-speakers-with-chromecast-built-in-2192075.htm

For further information on the Jensen smart audio speakers please visit:

http://www.spectraintl.com/index.php/jensen-products/category/chromecast-built-in. 

For further information on the SŌLIS smart audio technology please visit:

http://www.spectraintl.com/index.php/brands/solis-audio