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November 1, 2012

Power by Proxi Secures Exclusive Rights to University of Auckland's Wireless Power Technologies

Power by Proxi announced it has secured exclusive rights to a key wireless power patent portfolio from the University of Auckland via its commercialization company UniServices. The technology is for portable consumer electronics (CE) devices, semiconductors, and batteries. It has never before been available to a commercial entity for use in CE devices.

These patents will help Power by Proxi continue to innovate new capabilities for wireless power including multi-axis, position-free and extended-reach wireless power charging. These functions have been widely recognized as key to moving wireless charging forward to full wide-scale consumer adoption.

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"The University of Auckland's Department of Electrical and Computer Engineering is arguably the world research leader in inductive power transfer and wireless power technology," said Greg Cross, Executive Chairman of Power by Proxi. "Our founding team, which originally spun out of this department, along with our exclusive access to key patents developed over many years, gives us a significant commercial advantage in the CE field," said Cross.

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Unlike existing wireless power charging solutions requiring devices to be placed in a precise location on a charging pad, inductively coupled power transfer (IPT) offers the unique ability to recharge multiple devices at the same time, regardless of the position or axis. Power by Proxi has developed breakthrough technology that allows for the integration of receivers directly into devices with small or thin form factors. The result is the world's only receiver technology small enough to be integrated directly into smartphones, tablets as well as into rechargeable batteries.

"We initially granted Power by Proxi access to exclusive licenses for three of our key patents in low power applications in a number of industrial markets," said Peter Lee, CEO, UniServices. "The company has been focused on the potential for miniaturizing receiver technology. Their results to-date have given us the confidence to extend our exclusive relationship across our entire patent portfolio for use in portable CE devices," said Lee.

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The new license extends to 30 functional areas in the CE field relating to IPT system design and apparatus. When combined with Power by Proxi's existing patents, the company has one of the most extensive portfolios in the industry with over 125 patents and 900+ claims.

Power by Proxi will be demonstrating its wireless power solutions from November 16th -21st at the China Hi-Tech Fair in Shenzhen, and at SPS an Industrial Automation Trade Show in Nuremberg, Germany, from November 27th - 29th.

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