Energous Corporation Announces Collaboration with vivo Global
February 25 2019 - 12:01AM
Energous Corporation (NASDAQ: WATT), the developer of WattUp, a
revolutionary wireless charging 2.0 technology, today announced a
collaboration with vivo Global, a leading Chinese technology
company, to explore integrating WattUp into smartphone designs that
charge wirelessly over-the-air.
“We are excited to announce a collaboration with vivo, a top 6
global smartphone manufacturer, to explore the use of our WattUp
wireless charging 2.0 technology,” said Stephen R. Rizzone,
president and CEO of Energous Corporation. “As a society, we rely
so heavily on our smartphones every day, and their draining
batteries are a constant pain point for consumers. Vivo is looking
for WattUp to provide a solution that alleviates the battery
anxiety problem that exists today, as it offers a variety of
benefits over first-generation technologies, while giving consumers
much greater utility with their devices.” Energous’ WattUp
wireless charging technology uses radio frequency (RF) to charge a
wide variety of electronic devices. Energous licenses its WattUp
technology to manufacturers for integration into transmitting and
receiving products of various shapes and sizes.
Benefits of WattUp compared to first-generation wireless
charging solutions include:
- Over-the-air charging delivers maximum freedom for users and
reduces battery anxiety
- Its small footprint allows WattUp to be integrated into
products of all shapes and sizes
- WattUp ensures interoperability across all WattUp-enabled
devices
- Foreign object detection eliminates thermal issues with metal
and other materials
- It offers orientation freedom and 90-degree angle support
“As one of the world’s largest emerging smartphone manufacturers
and a preferred brand among young consumers globally, vivo is an
extraordinary company that takes an innovative approach to solving
user pain points by leveraging leading technologies,” said Mark
Tyndall, senior vice president, corporate development and strategy,
and general manager, emerging products business group at Dialog
Semiconductor. “There is an incredible market opportunity that
exists in the smartphone industry, and we believe Energous’
collaboration with vivo has the ability to introduce the
revolutionary WattUp technology to the masses and drive forward
wireless charging 2.0 in a significant way.”
To learn more about Energous, please visit Energous.com or
follow the company on Twitter, Facebook and LinkedIn.
About Energous Corporation
Energous Corporation (NASDAQ: WATT) is leading the next
generation of wireless charging – wireless charging 2.0 – with its
award-winning WattUp® technology, which supports fast, efficient
contact-based charging, as well as charging
over-the-air. WattUp is a scalable, RF-based wireless charging
technology that offers substantial improvements in contact-based
charging efficiency, foreign object detection, orientation freedom
and thermal performance compared to older, coil-based charging
technologies. The technology can be designed into many
different sized electronic devices for the home and office, as well
as the medical, industrial, retail and automotive industries, and
it ensures interoperability across products. As a systems solutions
company, Energous develops silicon-based wireless power transfer
(WPT) technologies and customizable reference designs. These
include innovative silicon chips, antennas and software, for a
large variety of applications, such as smartphones, fitness
trackers, hearables, medical sensors and more. Energous received
the world’s first FCC Part 18 certification for at-a-distance
wireless charging, and the company has more than 180 awarded
patents/allowed applications for its WattUp wireless charging
technology to-date. For more information, please
visit Energous.com.
Safe Harbor Statement
This press release contains forward-looking statements that
describe our future plans and expectations. These statements
generally use terms such as “believe,” “expect,” “may,” “will,”
“should,” “could,” “seek,” “intend,” “plan,” “estimate,”
“anticipate” or similar terms. Examples of our forward-looking
statements in this release include our statements about technology
developments and wireless charging innovation. Our forward-looking
statements speak only as of this date; they are based on current
expectations and we undertake no duty to update them. Factors that
could cause actual results to differ from what we expect include:
uncertain timing of 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, and
the other risks and uncertainties described in our most recent
annual report on Form 10-K and subsequent quarterly reports on Form
10-Q, in evaluating our forward-looking statements.
About vivovivo is a leading global technology
company committed to creating trendsetting smart mobile innovations
and services. vivo is devoted to forming a vibrant mobile internet
ecosystem, and currently owns and operates an extensive network of
research operations, with R&D centers in the US (San Diego)
and China (Dongguan, Shenzhen, Nanjing, Beijing and Hangzhou).
These centers focus on the development of cutting-edge consumer
technologies including 5G, AI, mobile photography and
next-generation smartphone design.
By the end of 2017, vivo had over two hundred million users
enjoying its mobile products and services around the world. vivo is
present in 18 markets globally and features offline retail stores
in over 1,000 cities worldwide.
More information about our innovative smartphones can be found
at www.vivo.com.
For more information, please contact:
Energous Public Relations(408)
963-0200PR@energous.com
Energous Investor RelationsMike Bishop(415)
894-9633IR@energous.com
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