Dirac Research, a global leader in platform-optimized sound enhancement
technology, recently announced an investment of 44 MSEK ($4,865,000 USD) from
current and new investors. The capital investment will be used to accelerate Dirac’s
expansion into new markets such as virtual and augment reality, strengthen their
position as the global leader in mobile audio optimization technology, and to further
develop their management and engineering teams. The company also announced
that Jorgen Lantto, long-time Ericsson executive and former CEO of Fingerprint
Cards AB, has joined Dirac’s Board of Directors, effective immediately.

“Dirac is now the global leader in mobile audio optimization, with a growing
customer portfolio that includes Huawei, OPPO, OnePlus, and Xiaomi, as well as
new customers to be announced in the coming months,’ said Dirac CEO Mathias
Johansson. “At the same time, we’ve also established strategic positions in the
virtual and augmented reality markets with the recent launch of our Dirac VR audio
platform. This new capital infusion, along with the appointment of Jorgen to our
Board of Directors, allows our company to keep pace with the industry’s exploding
demand for premium audio in nearly every consumer technology product category –
from VR and AR, to mobile, headphones, speakers, home theatre, automotive, and
more.’

Investors include John Wattin, IT industry executive and Executive Chairman of and
investor in MySql; Henrik Didner, co-founder of fund management company Didner
& Gerge; Rami Yacoub, acclaimed music producer for Britney Spears, One
Direction, Backstreet Boys, among others; Staffan Persson, CEO of Swedia Capital;
China’s AAC Technologies, the world’s leading provider of comprehensive micro-
component solutions; and Jorgen Lantto, former President and CEO of Fingerprint
Cards AB, where he grew revenues over 2000%.

“Dirac Research is one of the most dynamic technology innovators to emerge out of
Sweden in years, which has been recognized by industry leaders in smartphones,
automotive and premium home audio systems,’ stated Lantto. “Sound has a
profound impact on us as consumers every day. Digital sound technology is
becoming an essential component of virtually all consumer electronics, and will
shape how augmented reality and virtual reality is brought to life. I am very much
looking forward to contributing to the company’s continued growth within this
exciting area.’

Since the start of 2017, Dirac has introduced the world to breakthroughs in virtual
reality and mobile audio with their CES 2017 and Mobile World Congress 2017
launches of Dirac VR and Dirac Panorama Sound audio platforms, which have been
described by the world’s most discerning tech journalists as platforms that “might
just change the way people experience VR’ and something that left them
“speechless.’

In addition to the company’s portfolio of mobile customers, Dirac’s suite of audio
optimization solutions is also utilized by blue chip technology companies in the
automobile and home theatre markets such as Rolls-Royce, Bentley, Volvo, BMW,
Datasat, Harman, Pioneer, and many more.