Speed, position and load characteristics of the ultrasonic motor is considerably influenced from the input characteristics such as driving frequency, magnitude and phase difference of phase voltages. Input and output characteristics of a traveling-wave ultrasonic motor have been investigated from the experimental point of view in the present study. For this aim, a half-bridge serial-resonance inverter based drive system has been designed and then implemented. The inverter is featured with pulse width modulation and pulse frequency modulation techniques. The frequency, amplitude and phase angle of two-phase sinusoidal output of the driver has been designed to be changed for the control purpose. Then the measuring circuits and tools have been set up to obtain required measurements. Input characteristics such as duty ratio of control signal-dc reference voltage, dc reference voltage-driving frequency and output characteristics such as driving frequency-rotor speed, driving frequency-feedback voltage, phase voltage-rotor speed are obtained from the experiments. Also load characteristics are studied with experiments. Afterwards these characteristics are discussed in details. This study gives a systematical experimental approach in order to demonstrate operating and control principles and characteristics of the travelling-wave ultrasonic motor.