DGAP-News: Dialog Semiconductor Plc.: DIALOG SEMICONDUCTOR

DGAP-News: Dialog Semiconductor Plc. / Key word(s): Miscellaneous/Miscellaneous Dialog Semiconductor Plc.: DIALOG SEMICONDUCTOR AND ENERGOUS COLLABORATE TO DEVELOP MARKET FOR WATTUP(TM) WIRE-FREE CHARGING TECHNOLOGY 19.08.2014 / 01:00 --------------------------------------------------------------------- Joint collaboration to bring true over-the-air wireless charging and lowest power Bluetooth(R) Smart to wearable IoT devices London UK, 19 August 2014 - Dialog Semiconductor plc (FWB:DLG), a provider of highly integrated power management, AC/DC, solid-state lighting and Bluetooth Smart wireless technology, today announced it has agreed to a joint collaboration with Energous Corporation (NASDAQ: WATT), the developer of WattUp(TM), a disruptive wire-free charging technology for electronic devices that provides power at a distance with complete mobility under full software control. Dialog and Energous will develop reference designs to engage customers and further evaluate the market for wire-free power. "Dialog has quickly established itself as a key semiconductor supplier in the IoT and wearable market." said Sean McGrath, Senior Vice President and General Manager, Connectivity, Automotive & Industrial Business Group at Dialog Semiconductor. "By bringing together our existing lowest power, smallest footprint Bluetooth Smart IC with its energy harvesting support and Energous' over the air wireless charging technology in a proof-of-concept reference design, both companies plan to demonstrate the ability to charge wearable CE devices without the need for power connectors or charging mats." "Our collaboration with Dialog Semiconductor will provide consumer electronics manufacturers with a superior technology that will differentiate their products with the freedom of charging without wires," said Stephen R. Rizzone, CEO of Energous Corporation. "By optimizing WattUp with Dialog's SmartBond(TM) connectivity and power management technology, OEMs will be able to seamlessly and rapidly integrate wire-free charging and remote management right into their devices." 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 true wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. SmartBond provides the highest level of integration with the fewest external components of any Bluetooth Smart solution available today. World leading ultra-low power consumption, small footprint and the ability to fully host wellness & fitness applications without an external microcontroller ensure SmartBond is the chip-of-choice for wearable and many other high volume battery powered Internet of Things devices. ‒ ENDS ‒ Company Contact: Lauren Ofstedahl Dialog Semiconductor Phone: +1 (408) 845-8518 lauren.ofstedahl@diasemi.com Web: www.dialog-semiconductor.com Twitter: @DialogSemi Media Contact: Sophie Young Racepoint Global Phone: +44 (0)208 811 2125 sophie.young@racepointglobal.com About Dialog Semiconductor Dialog Semiconductor creates highly integrated, mixed-signal integrated circuits (ICs), optimised for personal portable, short-range wireless connectivity, LED solid state lighting and automotive applications. The company provides flexible and dynamic support, world-class innovation and the assurance of dealing with an established business partner. With its focus and expertise in energy-efficient system power management and a technology portfolio that also includes audio, short-range wireless, AC/DC power conversion and multi-touch, Dialog brings decades of experience to the rapid development of ICs for personal portable and digital consumer applications, including smartphones, tablets, Ultrabooks(TM) and emerging wearable type devices. Dialog's power management ICs increase the performance of portable devices by extending battery lifetime, enabling faster charging and enhancing the consumer's experience. With world-class manufacturing partners, Dialog operates a fabless business model. Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organisation. In 2013, it had approximately $910 million in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 1,100 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax index. It also has convertible bonds listed on the Euro MTF Market on the Luxemburg Stock Exchange (ISIN XS0757015606). About Energous Corporation Energous Corporation is developing WattUp(TM), 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. --------------------------------------------------------------------- 19.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Dialog Semiconductor Plc. Tower Bridge House, St. Katharine's Way E1W 1AA London United Kingdom Phone: +49 7021 805-412 Fax: +49 7021 805-200 E-mail: jose.cano@diasemi.com Internet: www.diasemi.com ISIN: GB0059822006, XS0757015606 WKN: 927200 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 282779 19.08.2014