Ossia Appoints Mario Obeidat As Chief Executive Officer

BELLEVUE, Wash., Feb. 7, 2017 /PRNewswire/ -- Ossia, the world's leading real wireless power platform, announced today that it has appointed technology industry veteran Mario Obeidat as its Chief Executive Officer. Obeidat, a proven leader in technology development and partnerships, will be instrumental in driving Ossia's next stage of innovation and growth. Obeidat joins Ossia to lead the company in focused global efforts to license the Cota™ technology and realize real wireless power through multiple channels.

"We are excited to welcome Mario Obeidat as the CEO of Ossia. Mario is an accomplished leader who has contributed to the success of some of the world's leading technology companies. Moreover, Mario has earned a reputation as an influential and strategic executive. We have great confidence he will be an outstanding leader who will help drive global market adoption and commercialization of Ossia's groundbreaking wireless charging technologies," stated Ali Kolaghassi, Vice Chairman of the Board, Ossia.

Previously, Mario was Vice President of Licensing at Pendrell Corporation where he led the company's licensing, technology transfer, and revenue programs. Prior to joining Pendrell, he was Head of Telecommunications Licensing at Intellectual Ventures, where he drove the creation and development of the telecommunications business. Prior to his tenure at Intellectual Ventures, Mario held the position of Chief Licensing Strategist at InterDigital Communications and oversaw the 3G technology portfolio. Over his career, Mario has led the creation of several billion dollars of new business from strategic partnerships, technology transfer and intellectual property licenses with Fortune 500 companies across the telecommunications, software and consumer electronics industries.

"I am honored to become the CEO of Ossia. The company is at the forefront of a truly disruptive technology that is changing the way we think about power. Ossia's wireless charging technology can enable every electronic device – ranging from mobile phones, medical implants, sensors or cars – and everything in between, including the ecosystem yet to be invented with the freedom wireless power will create." said Obeidat. "I am excited to help our talented team continue driving innovation as well as recruit market leading talent to help Ossia push forward with the development of wireless power. I am eager to partner with leading technology companies to commercialize Ossia's technology in the consumer, industrial, automotive, and medical markets."

About Ossia
Ossia is challenging people's core assumptions about what is possible with wireless power. Ossia's flagship product, Cota™, redefines wireless power by safely delivering remote, targeted energy to devices at a distance. Cota™, Ossia's patented smart antenna technology automatically keeps multiple devices charged without any user intervention, enabling an efficient and truly wire-free, powered-up world, that is always on and always connected. Ossia is Headquartered in Bellevue, Washington. Visit our website at www.ossia.com.

Contact: Nicole Paleologus, 1 (267) 758-2638, nicolep@sspr.com

General Media: ossia@sspr.com

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