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WattUp Wireless Charging Technology from Energous Showcased in Multiple Partner Products at CES 2017


LAS VEGAS, NV--(Marketwired - January 04, 2017) - Energous Corporation (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free charging technology that provides over-the-air power at a distance, today announced that multiple partners will be unveiling products incorporating WattUp wireless charging at CES 2017 in Las Vegas. Energous is paving the path for its vision of a ubiquitous wireless-charging ecosystem and these partner installations represent a significant feat in terms of market readiness and adoption, consumer demand and ecosystem development.

"Consistent with our business forecast, five consumer product companies and one medical device company will be unveiling WattUp-enabled products at CES. This is yet another major milestone for Energous that puts the company squarely on the path to generating significant revenues in 2017," said Stephen R. Rizzone, president and CEO of Energous. "Working with these innovative and agile partners, as well as a number of others who will be making similar announcements in the coming months, represents the first phase of our vision of building a WattUp ecosystem that will fundamentally change how people charge many different electronics including mobile and IoT devices."

Devices integrated with WattUp receiver technology can seamlessly transition from being charged by small, contact-based, portable transmitters, to forthcoming larger transmitters that offer charging at-a-distance of up to 15 feet. This scalable technology creates an ecosystem of products that are compatible, complimentary and provide seamless charging experiences at home, in the office, in the car and beyond.

Partner products being unveiled at CES include:

"Energous is at the forefront of the wireless charging movement with technology that is poised to change the way we interact with and use gadgets," said Tadej Jevsevar, CEO and co-founder of Chipolo. "Integrating the WattUp technology into Chipolo Plus Gen 2 and Chipolo Sticker is extremely valuable as it enables us to continue to make our products more user-friendly and gives us a leg up over competitors. We are thrilled to work with a company that shares our commitment and vision in challenging the ordinary and finding simple solutions to everyday problems."

About Energous Corporation

Energous Corporation is the developer of WattUp® -- an award-winning, wire-free charging technology that will transform the way consumers and industries charge and power electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary radio frequency (RF) based charging solution that delivers intelligent, scalable power via radio bands, similar to a Wi-Fi router. WattUp differs from older wireless charging systems in that it delivers contained power, at a distance, to multiple devices -- thus resulting in a wire-free experience that saves users from having to remember to plug in their devices. For more information, please visit Energous.com, or follow Energous on Twitter and Facebook.

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