Highpower Announces Collaboration with Energous Corporation for Developing Batteries with Wire-Free Charging Technology

SAN FRANCISCO and SHENZHEN, China -- Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, announces that it will collaborate with Energous Corporation, the developer of WattUp, a disruptive wire-free charging technology for electronic devices that provides power at a distance with complete mobility under full software control, to develop batteries with Energous' wire-free charging technologies, which was already announced by Energous earlier.

"Highpower is committed to cutting-edge technologies," said Terry Guo, Vice President of Highpower International. "We expect the collaboration of Highpower and Energous on the wire-free charging technologies to yield the industry's most exciting power sources to date -- and to deliver advanced products differentiating from others in today's market."

"Right now, battery charging methods are one of the limiting factors in the use of smartphones, wearables and IoT devices," said Stephen R. Rizzone, CEO of Energous Corporation. "WattUp-enabled Highpower batteries will deliver the freedom to charge without wires and will therefore make an impact on the whole battery industry."

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