Energous Worldwide Headquarters Lands in San Jose

SAN JOSE, CA--(Marketwired - Oct 2, 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 its worldwide headquarters has moved to Northpointe Business Center at 3590 North First Street in San Jose, California. Terms of the lease began today on more than 15,000 square feet of office space. The company was previously headquartered in Pleasanton, California.

"Energous is very excited to begin this new phase of corporate growth," said Stephen R. Rizzone, CEO of Energous Corporation. "Our new headquarters puts us in the heart of the Silicon Valley, giving us tremendous access to talent as we continue to build out our team. Additionally, this new facility provides ample room to grow while providing our engineering team with a great laboratory environment. We're also just minutes away from many of the partners we're already engaged with and our expanded partner lab space will allow for closer joint development of embedded WattUp solutions."

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.

Safe Harbor Statement
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MZ North America
Matt Hayden
Chairman
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