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February 22, 2016

Vesper Partners with AAC Technologies on World’s First Commercially Available Piezoelectric MEMS Microphones for Consumer Devices

BARCELONA, Spain – (Mobile World Congress, February 22, 2016) – Vesper, a designer of advanced acoustic-sensing technology, today announced a partnership withAAC Technologies Holdings Inc. (“AAC Technologies,” stock code 2018.HK), a world-leading miniature technologies solution provider, for the commercialization of the world’s first piezoelectric MEMS (microelectromechanical systems) microphones for consumer electronic devices.

Vesper’s first piezoelectric MEMS microphone will be integrated into AAC Technologies’ product portfolio of innovative solutions for fast-moving consumer electronics markets, such as smartphones, tablets, wearables and Internet-of-Things (IoT) devices.

“Since the first MEMS microphones were introduced more than ten years ago, the market has exploded into a high-growth global industry exceeding US$1B annually,” said Jack Duan, COO, AAC Technologies. “We believe there is an opportunity to introduce high-performance microphones that are immune from common environmental contaminants such as water, shock and dust. These attributes make Vesper’s technology an excellent choice for device companies that want to deliver a rich, immersive acoustic experience.”

Vesper’s microphones also feature very high signal-to-noise ratio (SNR) and very low noise, delivering outstanding acoustic performance for a wide range of applications.

“Our relationship with AAC Technologies will allow us to deliver reliable, stable and acoustically satisfying MEMS microphones for the vast and still-growing very high-performance MEMS microphone market,” said Matt Crowley, CEO, Vesper. “With a track record of innovation in acoustic solutions, a mature worldwide distribution channel, and a customer base that includes many of the world’s top-tier mobile-device manufacturers, AAC Technologies is an ideal partner for Vesper.”

About AAC Technologies

AAC Technologies is a total solution provider utilizing the latest miniaturized technology components across acoustic, haptic, RF wireless and optical segments. The Company is already an established leading global supplier of miniaturized acoustic components including a broad range of speakers, receivers and MEMS microphones. The Company delivers integrated solutions across multiple segments incorporating advanced proprietary technologies haptics vibrators, RF antennas and optical components. The Company’s products are found in mobile devices such as smartphones, tablets, wearables and PC notebooks. The Company is global in scope with research and development centers and has established sales offices in key markets serving a large number of geographically diverse customers in the mobile electronics market. www.aactechnologies.com

AAC Technologies is a constituent stock of the Hang Seng Corporate Sustainability Index, Hang Seng Mainland 100 Index, Hang Seng Composite LargeCap Index, Hang Seng Composite Industry Index (Information Technology), Hang Seng IT Hardware Index, MSCI China Index and FTSE Hong Kong Index.

About Vesper

Vesper is a privately held acoustic MEMS company based in Boston, MA. With origins at the University of Michigan, Vesper is dedicated to improving the acoustic experience with a wide range of consumer products via a patented piezoelectric MEMS platform. These products include smartphones, video cameras, IoT devices and connected automobiles. Vesper is funded by Accomplice and by strategic partners such as AAC Technologies. For more information about Vesper, please contact us via email: info@vespermems.com or web: www.vespermems.com.

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