CST: 25/09/2016 00:23:57   

Energous' Pocket-Able WattUp Transmitter Opens Door to New Partners, Expands Ecosystem

262 Days ago

Wireless Charging via In-Box Transmitters Now Possible; Evaluation Kits Available

LAS VEGAS, NV --(Marketwired - January 05, 2016) - Energous Corporation ("Energous®" or "the Company") (NASDAQ: WATT), the developer of WattUp™, a revolutionary wire-free charging technology for mobile and IoT devices that provides "over-the-air" power at a distance, today introduced the first miniature WattUp transmitter design that is both small and cost effective enough to ship in-box with small wearable and IoT devices. The mini WattUp transmitter, which will be demonstrated at the Hard Rock Hotel & Casino during 2016 International CES, can be as small as a USB keychain drive and can be powered solely from a USB port, providing excellent flexibility and portability for WattUp transmitter designs. It also will be compatible with all WattUp-enabled devices, even those from different manufacturers, creating a strong eco-system of products that all work together. 

"We have made significant strides on the miniaturization of our WattUp technology in 2015," said Stephen R. Rizzone, CEO of Energous. "The result is an entirely new market opportunity that will address previously untapped verticals like wearables and IoT, with a solution that offers true mobility and portability. In addition to enabling new partners and new markets, this technology advancement has the potential to accelerate our revenue streams as Energous continues to drive toward commercialization of WattUp, through partners, at the end of 2016 or early 2017."

Small devices such as wearables have not been served by traditional mat-based charging solutions due to the size of the coils needed in the receiver. Many manufacturers of these devices want to leverage wireless charging to completely seal their products, allowing for full waterproof capabilities as well as offer the convenience of mobile and portable wireless charging. With the miniaturization of a WattUp transmitter, Energous is making this possible:

  • The new portable mini WattUp transmitter replaces the cables and power adapters included in-box with these small devices. This solution is both cost effective and small enough to provide easy and convenient charging on-the-go when a full-size WattUp transmitter may not be present.
  • Energous' WattUp receiver chip, at only 3mm by 3mm, easily fits inside devices as small as a wearable.
  • No contact points and no open ports allow for new robust, waterproof designs.
  • All WattUp-enabled products support seamless transitioning from charging via small, portable WattUp transmitters, to stationary in-room transmitters that offer wire-free charging with mobility at a distance. The result is a complete wireless charging ecosystem that supports both near and far-field charging scenarios.

Also, Energous today announced the availability of WattUp evaluation kits for partners in a variety of vertical markets.

To learn more about the company, please visit: www.Energous.com.

About Energous Corporation
Energous Corporation (NASDAQ: WATT) is developing WattUp, an award-winning wire-free charging technology that will transform the way people and industries charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent-pending solution that delivers intelligent, scalable power via the same radio bands as a Wi-Fi router. WattUp differs from current wireless charging systems in that it will deliver meaningful, usable power, at a distance, to multiple devices, resulting in a wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. For more information, please visit Energous.com, or follow Energous on Twitter and Facebook.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. All statements in this release that are not based on historical fact are "forward looking statements". While management has based any forward looking statements included in this release on its current expectations, the information on which such expectations were based may change. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

PR Contact:
Edelman
Gillian Roberts
(818) 395-2948
PR@energous.com