Energous Corporation to Collaborate With Dialog Semiconductor to Develop Market for Energous' WattUp(TM) Wire-Free Charging Technology

PLEASANTON, CA--(Marketwired - Aug 19, 2014) - 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, today announced it has agreed to a joint collaboration with Dialog Semiconductor. Energous and Dialog will develop reference designs to engage customers and further evaluate the market for wire-free power.

"Dialog has quickly established itself as a key semiconductor supplier in the IoT and wearables market." said Sean McGrath, Senior Vice President and General Manager, Connectivity, Automotive & Industrial Business Group at Dialog Semiconductor. "By bringing together our existing lowest power, smallest footprint Bluetooth Smart IC with its energy harvesting support and Energous' over the air wireless charging technology in a proof-of-concept reference design, both companies plan to demonstrate the ability to charge wearable CE devices without the need for power connectors or charging mats."

"Our collaboration with Dialog Semiconductor will provide consumer electronics manufacturers with a superior technology that will differentiate their products with the freedom of charging without wires," said Stephen R. Rizzone, CEO of Energous Corporation. "By optimizing WattUp with Dialog's SmartBond connectivity and power management technology, OEMs will be able to seamlessly and rapidly integrate wire-free charging and remote management right into their devices."

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, while allowing users to roam while charging. The result is a true wire-free experience that saves users from having to remember to plug in their devices or place them on a mat.

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, while 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.