Sol Chip Wins 'Most Innovative Israeli Start-Up' at iNNOVEX 2015

TEL AVIV, Israel, February 9, 2015 /PRNewswire/ --

Sol Chip, a portfolio company of The Trendlines Group, was selected from 180 Israeli start-ups as the winner of the "Most Innovative Israeli Start-Up" at iNNOVEX Disrupt 2015, held in Israel on February 3.

iNNOVEX2015 is the annual event dedicated to technological innovation and innovative thinking in Israel. Its major goal is to stimulate Israeli innovation in various technological applications and to present the latest in cutting-edge technology. Only companies up to five years old are eligible to enter. The prestigious judging committee selected eight finalists to present their companies at the iNNOVEX Disrupt 2015 event, organized together with Google Israel.

Sol Chip was selected as overall winner of "the most innovative start-up company in Israel for 2015". Sol Chip is a worldwide leading energy harvesting company that offers a unique maintenance-free Everlasting Light Battery and Internet of Things (IoT) communication platform. Sol Chip's IoT platform provides a low power communication module coupled with self-sustaining energy harvesting technology. Due to Sol Chip's breakthrough energy efficient design, its IoT platform reduces overall system operation costs by over 60% compared to any other alternatives currently on the market.

This win adds to the Company's award-winning status: finalist at ACE Awards 2014, Technical Development Award winner at the 2013 IDTechEx Energy Harvesting & Storage and Wireless Sensor Networks Event, Best Start-Up of 2012 from Israel's Office of the Chief Scientist. As the winner of this award, Sol Chip is now under consideration for a $1 million raise through OurCrowd.

Shani Keysar, CEO and Co-founder of Sol Chip: "We are extremely proud and excited by this prestigious award and recognition of our innovative product. This remarkable achievement was made possible due to our leadership, teamwork, perseverance and commitment to be the best in our field."

Steve Rhodes, Chairman and CEO,The Trendlines Group, adds: "Sol Chip continues to gain recognition in the global market as developers of a true game-changing technology for agriculture, health care, and electronics."

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SOURCE Sol Chip