Energous Announces Availability of World's First RF Power Receive Chip

Wireless Charging Leader Samples Doubly Efficient RF to DC IC Rectifier

SAN JOSE, CA -- (Marketwired) -- 10/28/15 -- Energous Corporation ("Energous" or "the Company") (NASDAQ: WATT), the developer of WattUp™, a revolutionary wire-free charging technology for mobile devices that provides "over-the-air" power at a distance of up to 15 feet, today announced that it is sampling the world's first RF to DC rectifier IC.

"We are very excited to announce that we've begun sampling our new RF receive power chip, the first of its kind to be available," said Stephen R. Rizzone, CEO of Energous. "In just over 18 months, we have moved from discreet components to our 3rd version of silicon. We continue to advance our wire-free charging technology with significant efficiency improvements while decreasing solution size and lowering BOM costs."

As the world's first highly integrated, high efficiency RF integrated circuit for wireless power reception, the new Receiver IC:

  • Supports four independent Rx antenna inputs, allowing for cost-effective scalability from low-power devices like wearables, all the way to higher-power devices such as tablets and smartphones.
  • Leverages Energous' innovative Rx chain technology with the smallest package, enabling the next generation of ultra-small wearable devices to be designed with wire-free charging, which hasn't been possible using pad or mat-based systems.
  • Enables a maximum input power up to 30dBm per port
  • Supports 5.8GHz band
  • Improves system efficiency vs previous silicon
  • Further miniaturizes the WattUp receive solution footprint

About Energous Corporation

Energous Corporation (NASDAQ: WATT) is developing WattUp, an award-winning 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-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 will deliver meaningful, usable power, at a distance, to multiple devices, resulting in a wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. For more information, please visit Energous.com, or follow Energous on Twitter and Facebook.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange and Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. All statements in this release that are not based on historical fact are "forward looking statements". While management has based any forward looking statements included in this release on its current expectations, the information on which such expectations were based may change. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

PR Contact:
Gillian Roberts
Direct: 650-762-2860

Investor Relations Contact:
MZ North America
Matt Hayden
Direct: 1-949-259-4986
Email: IR@energous.com
Web: www.mzgroup.us

Source: Energous Corporation