SAN FRANCISCO and SHENZHEN, China, Sept.
26, 2014 /PRNewswire/ -- 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, today announced 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."
About Energous Corporation
Energous Corporation is developing WattUp™, a 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 delivers meaningful, useable power, at
a distance, while allowing users to roam while charging. The result
is a wire-free experience that saves users from having to remember
to plug in their devices or place them on a mat. Energous will
initially license WattUp to the wearable and mobile- accessory
markets and will expand to other markets such as Wi-Fi routers and
smartphones over time. For more information, please visit
www.energous.com.
About Highpower International, Inc.
Highpower International was founded in 2001 and produces
high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based
rechargeable batteries used in a wide range of applications such as
electric buses, bikes, energy storage systems, power tools, medical
equipment, digital and electronic devices, personal care products,
and lighting. Highpower's target customers are Fortune 500
companies, and top 10 companies in each vertical segment. With
advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou of China, Highpower is committed to clean
technology, not only in the products it makes, but also in the
processes of production. The majority of Highpower International's
products are distributed to worldwide markets mainly in
the United States, Europe, China
and Southeast Asia.
Forward Looking
Statements
This press release contains "forward-looking statements" within
the meaning of the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that are not
historical facts. These statements can be identified by the
use of forward-looking terminology such as "believe," "expect,"
"may," "will," "should," "project," "plan," "seek," "intend," or
"anticipate" or the negative thereof or comparable terminology, and
include discussions of the Company's future performance, operations
and products. Such statements involve known and unknown
risks, uncertainties and other factors that could cause the
Company's actual results to differ materially from the results
expressed or implied by such statements, including, our ability to
successfully expand sales of our lithium battery product in the
mobile device market and our ability to effectively compete in that
market. For a discussion of these and other risks and
uncertainties see "Risk Factors" and "Management's Discussion
and Analysis of Financial Condition and Results of Operations" in
the Company's public filings with the SEC. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct. The
Company has no obligation to update the forward-looking information
contained in this press release.
CONTACT:
Highpower International, Inc.
Fendi Yang
+86-755-8968-6521
ir@highpowertech.com
INVESTOR RELATIONS:
The Equity Group Inc.
In China
Katherine Yao, Associate
+86-10-6587-6435
kyao@equityny.com
In U.S.
Adam Prior, Senior Vice
President
(212) 836-9606
aprior@equityny.com
SOURCE Highpower International, Inc.