Energous Adds Three Industry Veterans to Board of Advisors as Company Focuses on Powering the Growing Industrial and Retail Internet of Things Ecosystem
May 02 2022 - 06:00AM
Business Wire
Additions of Bob Friday, Alessandro Piovaccari
and Mark Tyndall will support Energous as it continues to expand
the reach of its global ecosystem of wireless power network
technology
Energous Corporation (Nasdaq: WATT), a leading developer of
RF-based wireless power networks, today announced the appointments
of Bob Friday, Alessandro Piovaccari and Mark Tyndall to the
Energous Board of Advisors.
The new Board of Advisor appointments are announced amidst an
expanding IoT ecosystem – expected to grow from 12 billion devices
in 2021 to nearly 40 billion in 2025, according to IDC – whose
reliance on batteries that require replacement or cumbersome
charging cables presents logistical problems and hidden costs to IT
teams in any large-scale industrial or retail IoT deployment.
Energous’ WattUp technology solves these challenges by delivering
reliable and consistent RF-based wireless power to multiple devices
simultaneously at-a-distance, supporting the higher levels of power
needed by today’s devices and tomorrow’s innovations.
“Energous is honored to welcome Bob, Alessandro and Mark to our
Board of Advisors as we continue to support the growing power needs
of the global IoT ecosystem,” said Cesar Johnston, CEO of Energous.
“All three are well recognized in their industries as visionaries
and leaders, and we welcome them and look forward to tapping into
their expertise and previous experience as Energous continues to
expand the reach of its growing global ecosystem of wireless power
network technology.”
Friday is group vice president, chief AI officer at Juniper and
CTO at Juniper‘s AI-Driven Enterprise business unit, which develops
Marvis, a self-driving networking artificial intelligence/machine
learning solution for enterprises. He was co-founder, vice
president, and chief technology officer at Mist, which was
purchased by Juniper Networks in April of 2019. He started his
career in wireless at Metricom (Ricochet wireless network),
developing and deploying wireless mesh networks across the country
to connect the first generation of Internet browsers. Following
Metricom, Friday co-founded Airespace, a start-up focused on
helping enterprises manage the flood of employees bringing
unlicensed WiFi technology into their businesses. Following Cisco’s
acquisition of Airespace in 2005, Friday became the vice president
and chief technology officer of Cisco enterprise mobility, where he
drove mobility strategy and investments in the wireless business.
He also drove industry standards such as Hot Spot 2.0 and market
efforts such as Cisco’s Connected Mobile Experience. He holds more
than 15 patents.
Piovaccari previously served as Silicon Labs’ chief technology
officer and senior vice president of central R&D and was
responsible for the company’s product research and development. He
currently serves as the vice president of conferences for the IEEE
Solid-State Circuits Society and a visiting fellow in approaches,
methods and practices in circuit design in leading fabless
companies at the University of Bologna in Italy. Additionally, he
is a member of multiple startups and education advisory boards.
Piovaccari has more than 25 years of technical and management
experience in the semiconductor industry and has co-architected and
led many wireless and IoT SoCs with a 4 billion devices shipments.
Piovaccari holds PhD and Laurea degrees in EECS from the University
of Bologna and a Post-Grad (summa cum laude) in EECS from
Johns-Hopkins University.
From 2008 to 2021, Tyndall was senior vice president of
corporate development and strategy at Dialog Semiconductor and a
key member of the management team transitioning the company from a
sub-$100 million valuation to a recent trade sale to Renesas for $6
billion. From 2006 to 2008 he was vice president of business
development and corporate relations at MIPS Technologies, and prior
to this he served as vice president of business development at
Infineon since 1999. Earlier in his career, Tyndall held management
positions in marketing at Fujitsu Microelectronics and
semiconductor design at Philips Semiconductors. He has also served
on the board of multiple start-ups that were successfully
acquired.
To learn more about Energous, please visit Energous.com or
follow the company’s corporate pages on Twitter, Facebook and
LinkedIn.
About Energous Corporation
Energous Corporation (Nasdaq:
WATT) is the Wireless Power Network global leader. Its
award-winning WattUp® solution is the only technology that supports
both contact and distance charging through a fully compatible
ecosystem. Built atop fast, efficient, and highly scalable RF-based
charging technology, WattUp is positioned to offer improvements
over older, first-generation coil-based charging technologies in
power, efficiency, foreign device detection, freedom of movement
and overall cost for industrial and retail IoT, smart homes, smart
cities and medical devices. Energous develops silicon-based
wireless power transfer (WPT) technologies and customizable
reference designs, and provides worldwide regulatory assistance, a
reliable supply chain, quality assurance, and sales and technical
support to global customers. The company received the
world’s first FCC Part 18 certification for at-a-distance wireless
charging and has been awarded over 200 patents for its WattUp
wireless charging technology to-date.
Safe Harbor Statement
This press release contains “forward-looking statements” within
the meaning of the Securities Act of 1933, as amended, the
Securities Exchange Act of 1934, as amended, and the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact included in
this press release are forward-looking statements. Forward-looking
statements may describe our future plans and expectations and are
based on the current beliefs, expectations and assumptions of
Energous. These statements generally use terms such as “believe,”
“expect,” “may,” “will,” “should,” “could,” “seek,” “intend,”
“plan,” “estimate,” “anticipate” or other similar terms. Examples
of our forward-looking statements in this release include, but are
not limited to, our statements about the future of the global
wireless charging industry, statements based on third parties’
market analyses, statements about our technology and its expected
functionality, statements with respect to the potential total
addressable market for our current technologies, and statements
with respect to expected company growth. Factors that could cause
actual results to differ from current expectations include:
uncertain timing of any necessary regulatory approvals; timing of
customer product development and market success of customer
products; our dependence on distribution partners; and intense
industry competition. We urge you to consider those factors,
together with the other risks and uncertainties described in our
most recent annual report on Form 10-K as filed with the Securities
and Exchange Commission (SEC), any subsequently filed quarterly
reports on Form 10-Q, as well as any other documents that may have
been subsequently filed by Energous, from time to time, with the
SEC, in evaluating our forward-looking statements. In addition, any
forward-looking statements represent Energous’ views only as of the
date of this release and should not be relied upon as representing
its views as of any subsequent date. Energous does not assume any
obligation to update any forward-looking statements unless required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220502005150/en/
Energous Investor Relations: Padilla IR IR@energous.com
Energous Public Relations: SHIFT COMMUNICATIONS Darren Weiss
PR@energous.com
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