SOURCE: Energous Corporation

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January 12, 2015 07:30 ET

Energous Receives Five Awards at 2015 Consumer Electronics Show

Winner of 2 "Best of CES 2015" Awards Plus Honoree in 3 Categories

SAN JOSE, CA--(Marketwired - January 12, 2015) - Energous Corporation ("Energous" or "the Company") (NASDAQ: WATT), the developer of WattUp™, a disruptive wire-free charging technology for electronic devices that provides power at a distance with complete mobility under full software control, was the surprise of the show, receiving five awards at the 2015 Consumer Electronics Show in Las Vegas, Nevada.

At an awards ceremony on January 8, 2015, Energous won two "Best of CES 2015" awards from Engadget - Best Innovation (Disruptive Tech) and Best (Connected) Home Product. The CES Engadget awards also complement the receipt of the previously announced 2015 CES Innovation Awards Honoree in the Smart Home, Portable Power and Embedded Technologies categories for WattUp™.

During CES 2015, Energous showcased its disruptive wire-free technology for electronic devices and the following provides a recap of the event:

  • Met with over 100 existing or new potential joint development partners.
  • Approximately 300 invitees viewed a demonstration of various electronic devices employing the WattUp technology, which was integrated seamlessly into a common residential setting, which provided the ability to charge a multitude of devices free of any wired connection or charging pad.
  • Demonstrated an end-to-end wire-free power solution in a typical home environment which included integrated ASICs coupled with full mobile app and cloud-based software management.

"The 2015 CES was a tremendous event for Energous as we successfully met our long-standing objective of demonstrating WattUp wire-free charging in prototypical consumer products which were jointly developed with our strategic partners," said Stephen R. Rizzone, CEO of Energous Corporation. "Our development progress in the last year has far outpaced other wireless power companies with much more development experience and our timing has been exceptional. Throughout the week, we met with nearly all of our current JDA partners and won several prestigious awards, competing against some of the biggest and best consumer products companies in the world. 

"Our leadership position in the new uncoupled wireless power market segment was further solidified by the overwhelmingly strong response we received from approximately 150 private demonstration sessions, with over 100 current and potential strategic partners and their customers. We believe these relationships provide momentum and a robust pipeline for future JDA partners as we move through 2015 and beyond."

About Energous Corporation
Energous Corporation is developing WattUp™, a wire-free charging technology that will transform the way people charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent- and trademark-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 delivers meaningful, useable power, at a distance, allowing users to roam while charging. The result is a wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. Energous will initially license WattUp to the wearable and mobile-accessory markets and will expand to other markets such as Wi-Fi routers and smartphones over time. For more information, please visit www.energous.com.

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