CEO.CA Chairman's Briefing

SAN JOSE, CA--(Marketwired - January 30, 2018) - Energous Corporation (NASDAQ: WATT), the developer of WattUp^®, a revolutionary wire-free, power-at-a-distance charging technology, today announced the addition of Sheryl Wilkerson, vice president of government affairs at Michelin North America, to its Board of Advisors, effective immediately. She joins the Energous Board of Advisors at a time when the company is poised for high growth, following the company's recent FCC Part 18 certification for over-the-air wireless charging.

"Sheryl's outstanding credentials and long list of accomplishments in government and regulatory affairs are ideally suited to the issues and opportunities facing Energous as we launch our industry leading WattUp wire-free technology on a global basis," said Stephen R. Rizzone, CEO of Energous. "We are honored to have her join our Board of Advisors at this critical juncture, as we aggressively respond to the needs of consumers on a mass scale for a next generation, completely untethered charging solution for mobile and IoT devices. She makes a great addition to our Board of Advisors, as well as the company as a whole."

Wilkerson has served in a variety of leadership roles and comes to Energous with in-depth experience in public and private sectors in the U.S. and abroad. She is a bi-partisan advisor and results-oriented leader with a reputation for building and retaining highly-motivated teams. Prior to her current role, Wilkerson was president at Willow, LLC where she served global wireless, telematics and automotive companies and the senior vice president of strategic planning and corporate services at Ygomi. Wilkerson spent more than a decade working in the federal government including the U.S. Senate and House of Representatives, Federal Judicial Center and Federal Communications Commission where she led the office of legislative and intergovernmental affairs, and served as an advisor to the general counsel and chairman.

"I'm thrilled to have joined the Energous Board of Advisors and have the opportunity to support an incredible group of individuals that is creating a whole new world of Wireless Charging 2.0, which will improve quality of life for all," said Sheryl Wilkerson.

"My experience working in government affairs and closely with the FCC suits me well in this role. Energous is well-positioned to meet the challenges of the regulatory process needed to advance its WattUp technology and bring it to the mass consumer market. I look forward to continuing on this journey with the Energous team."

To learn more about Energous, please visit Energous.com or follow the company on Twitter, Facebook, Instagram or LinkedIn.

About Energous Corporation

Energous Corporation is the developer of WattUp® -- an award-winning, wire-free charging technology that will transform the way consumers and industries charge and power electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary radio frequency (RF) based charging solution that delivers intelligent, scalable power via radio bands, similar to a Wi-Fi router. WattUp differs from older wireless charging systems in that it delivers contained power-at-a-distance -- thus resulting in a wire-free experience that saves users from having to remember to plug in their devices. 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 our partnership with Dialog, development of market demand, production and deployment of products. 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: unexpected delays in our ability to develop commercially feasible technology; uncertain timing of necessary regulatory approvals; timing of customer orders and success of customer products; our dependence on distribution partners; market acceptance of our technology; 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.