SAN JOSE, CA — (Marketwired) — 07/07/15 — Energous Corporation (“Energous” or “the Company”) (NASDAQ: WATT), the developer of WattUp™, a revolutionary wire-free charging technology for mobile devices that provides power at a distance, today announced that Martin (Marty) Cooper has joined its board of directors. Cooper, who was previously on Energous’ board of advisors, conceived the first handheld cell phone in 1973, was the first person to make a portable cell phone call, and is an innovator in the field of radio spectrum management.
Martin Cooper, known as the “Father of the Cellphone”, and his team at Motorola launched pioneering technology that sparked the mobile revolution. “It is a natural synergy that Marty be deeply involved with the next great advancement for the mobile revolution, the elimination of the power cord and the complete untethering of mobile devices,” said Stephen R. Rizzone, CEO at Energous. “He is a true visionary and a consummate entrepreneur. His background in wireless communications and antenna technologies brings invaluable knowledge and experience to our Board of Directors and our company.”
During his 50 plus year career, Martin Cooper has been involved in every major advancement in wireless communications. He has co-founded several communications companies with Arlene Harris, his wife and business partner. Among those was ArrayComm, Inc., which specializes in smart antenna technologies for mobile phones and wireless internet connectivity and GreatCall, Inc. the creators of the Jitterbug phone. Cooper grew ArrayComm from a startup to one of the world’s leaders in smart antenna technology with over 400 patents issued or pending, worldwide. He is currently the co-founder and chairman of Dyna, LLC. He is on advisory committees for both the FCC and the US Department of Commerce.
“WattUp is a breakthrough technology,” said Martin Cooper. “It has potential to untether cell phone users from the plug-in cord, the charging mat and the wall outlet, while being totally transparent to the user. While the technology is important today, it will become essential as phone users encounter the power demands of ever-increasing functionality in cell phones and of multiple wearable devices on a person.”
About Energous Corporation
Energous Corporation 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 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 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 Twitterand 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.
Source: Energous Corporation
Released July 7, 2015