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Israeli Startup, Humavox, Signs First Commercial Agreement with a Company in the Government of Panyu District of Guangzhou China

October 10, 2018

TEL AVIV, Israel--(BUSINESS WIRE)--Oct 10, 2018--Humavox Ltd. (“Humavox”), a leader in wireless charging technology, is announcing its commercial agreement with Guangdong Bigmater Intelligent Technology Co., Ltd. also known as “WeWow” , which is the first collaboration of Humavox’s development and commercialization efforts with businesses in the Government of Panyu District of Guangzhou, China. Humavox’s efforts are expected to connect Humavox’s technology with local companies residing in this district, and boost business relations between Israel and China. Additionally, Humavox’s engagement with the Government of Panyu District was initiated by Gate Hub Sino-Israel Business and Innovation Center.

With this partnership, Humavox will deliver its wireless charging technology for WeWow’s Wenpro brand of various mobile consumer electronic products, including audio devices, which are supplied to top tier global companies.

Humavox’s wireless charging technology, ETERNAⓇ, is a flexible platform comprising proprietary semiconductor devices (chipsets), state of the art algorithms and high compatibility with off the shelf components that features a receiving chip that is small enough to fit into the smallest device. The company’s technology is built and ready for certain device manufacturers (OEMs) to integrate into many types of mobile devices, and can be customized to transform most any three dimensional (“3D”) container into a charging station, so that a drawer, box, bowl or a bag, can serve as a charging unit.

“We’re honored to be part of this collaboration and witness the first step of such a unique initiative unfold,” says Mr. Zheng Yuanming, Secretary of the Government of Panyu. “It’s important for our community to establish these relations between Israel and China to increase innovation and drive business growth. The partnership with Humavox and WeWow marks the first step for a longstanding fruitful relationship.”

“Our mission is to implement wireless charging to simplify the lives of more users by incorporating charging into everyday life, and we’re proud that this cooperation enables us to continue to do so,” says Omri Lachman, Chief Executive Officer of Humavox. “By extending our technology to another large market, through this relationship with WeWow and their Wenpro brand, we hope to further integrate our technology into top Chinese companies for their product offerings.”

“This partnership is especially important for strengthening China and Israeli business ties and promoting innovation,” says Nancy Lee, Founder and CEO of WeWow. “We’re excited to team up with Humavox to deliver top mobile consumer electronics to our partners and end users.”

About Humavox Ltd. Humavox is an innovative developer of groundbreaking technology in the field of wireless power. With its ETERNA platform, Humavox uses near-field radio frequency (RF) technology, and provides users with a simple and intuitive charging experience (“drop & charge”). The technology can be implemented in the smallest of devices, such as hearables, wearables and IoT devices. For more information, visit http://www.humavox.com.

About WeWow/Wenpro Guangzhou WeWow Electronic Co, Ltd. also known as Guangdong Bigmater Intelligent Technology Co., Ltd. (“WeWow”), is an innovative company dedicated to intelligent technology products. The Company was founded in 2011 in Guangzhou, China. Its brand, Wenpro, appears on cell phone chargers, travel chargers, car chargers, handheld gimbals, bluetooth headsets, charging cables, bluetooth speakers, and more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005537/en/

CONTACT: Company Media:

Alona Stein, +972 50-7782344(Cell)

Blonde 2.0 for Humavox

alona@blonde20.com

KEYWORD: ASIA PACIFIC CHINA MIDDLE EAST ISRAEL

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET NETWORKS SOFTWARE SEMICONDUCTOR MOBILE/WIRELESS

SOURCE: Humavox

Copyright Business Wire 2018.

PUB: 10/10/2018 08:55 AM/DISC: 10/10/2018 08:55 AM

http://www.businesswire.com/news/home/20181010005537/en

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