Kelly Birmingham Joins Energous Corporation as Vice President of Business Development

Cleantech Investing

Leader in Over-the-Air, Wire-Free Charging Hires Powermat’s Kelly Birmingham to Grow Market Opportunities SAN JOSE, CA–(Marketwired – April 05, 2016) – Energous Corporation (“Energous” or “the Company”) (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free charging technology for mobile and IoT devices that provides over-the-air contained power at a distance, today announced the appointment …

Leader in Over-the-Air, Wire-Free Charging Hires Powermat’s Kelly Birmingham to Grow Market Opportunities

SAN JOSE, CA–(Marketwired – April 05, 2016) – Energous Corporation (“Energous” or “the Company”) (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free charging technology for mobile and IoT devices that provides over-the-air contained power at a distance, today announced the appointment of Kelly Birmingham as vice president of business development. Birmingham will oversee global account development as Energous prioritizes and evaluates extensive opportunities for expanded business advancement.

“We are pleased to add Kelly to our executive management team. She has extensive domain knowledge and a highly successful track record of business development, having been responsible for a number of key strategic partnerships at Powermat,” said Stephen R. Rizzone, CEO and President of Energous. “We will look to leverage Kelly’s experience and technical background as she leads our licensee and joint development partner base expansion efforts.”

Before joining Energous, Birmingham held a successful four-year tenure at Powermat, where she most recently served as vice president, sales. At Powermat, Birmingham was instrumental in establishing carrier, mobile device OEM and venue partnerships, as well as the licensing program, enabling wireless charging solutions and devices. Earlier in her career, she held extensive business expansion roles and sales positions at companies including TeleNav, Fuego Nation, DSP Communications and Intel Capital.

“The market is hungrier than ever for wireless power and easy, simple charging. Energous is on the forefront and will revolutionize how devices receive power — paving the way for many exciting consumer electronic devices and solutions for IoT, mobile and beyond,” said Kelly Birmingham. “I am honored to join the team and lead Energous’ expansion, partnerships and licensing initiatives, while accelerating WattUp availability and the success of company partners.”

About Energous Corporation
Energous Corporation is developing WattUp®, an award-winning wire-free charging technology that will transform the way people and industries 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 contained, useable 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 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.

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