SOURCE: Energous Corporation

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February 20, 2018 06:00 ET

Energous Demonstrates Latest WattUp Wireless Charging Technology at Mobile World Congress 2018

Company will showcase a variety of WattUp wireless charging applications with partner Dialog's Bluetooth low energy (BLE) integrated circuit (IC) chips

SAN JOSE, CA--(Marketwired - February 20, 2018) - Energous Corporation (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free, power-at-a-distance charging technology, today announced that it will be demonstrating its latest WattUp wireless charging technology at Mobile World Congress, the world's largest exhibition for the mobile industry, February 26 - March 1, 2018. Energous will be showcasing a variety of WattUp wireless charging solutions that utilize partner Dialog Semiconductor's integrated circuit (IC) chipsets: DA14585 and DA1468x.

"Coming off a successful CES and an industry-first FCC certification, we are headed to the world's largest mobile conference with our strategic partner, Dialog Semiconductor, to demonstrate the latest WattUp technology in a variety of consumer applications that make up the next-generation Wireless Charging 2.0 ecosystem," said Stephen R. Rizzone, president and CEO of Energous. "We will be showcasing a full spectrum of WattUp wireless charging capabilities, including our WattUp Near Field transmitter, which is capable of fast-charging and delivering high power to small consumer electronics at contact, as well as our WattUp Mid Field transmitter, which offers true at-a-distance charging for mobile devices including smartphones, fitness bands, hearing aids and more. This is the next evolution of wireless charging in 2018 and beyond."

Energous Demonstrates The Latest WattUp Technology at MWC
The company, which just received the first FCC certification for over-the-air wireless charging under Part 18 of the FCC's rules, will be demonstrating its very latest WattUp technology in a variety of consumer applications with Dialog Semiconductor's integrated circuits (IC) chips.

Energous' recent FCC certification turns a page for the wireless charging industry, as it shifts from contact-based charging to creating a truly wireless ecosystem that allows for both contact-based and at-a-distance charging. The company also recently announced pre-sale of the first WattUp-enabled consumer products with partner, Myant, for its SKIIN smart apparel collection and orders are expected to ship summer 2018.

Energous will be taking meetings by appointment only in private rooms at Mobile World Congress, the world's largest exhibition for the mobile industry, February 26 - March 1, 2018 in Barcelona, Spain.

To learn more about Energous, please visit Energous.com or follow the company on Twitter, Facebook, Instagram or LinkedIn.

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 -- 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.

Safe Harbor Statement

This press release contains forward-looking statements that describe our future plans and expectations. These statements generally use terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or similar terms. Examples of our forward-looking statements in this release include our statements about our partnership with Dialog, development of market demand, production and deployment of products. Our forward-looking statements speak only as of this date; they are based on current expectations and we undertake no duty to update them. Factors that could cause actual results to differ from what we expect include: unexpected delays in our ability to develop commercially feasible technology; uncertain timing of necessary regulatory approvals; timing of customer orders and success of customer products; our dependence on distribution partners; market acceptance of our technology; and intense industry competition. We urge you to consider those factors, and the other risks and uncertainties described in our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, in evaluating our forward-looking statements.

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