Semtech LoRa® Technology Featured in Senet’s Award-Winning Multi-Tenant LPWAN

Senet received the 2016 IoT Evolution Product of the Year Award for its LoRa-based LPWAN in North America

Camarillo, California - August 25, 2016

Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, announced that Senet, a leading North American provider of public low power, wide area networks (LPWANs) for long-range Internet of Things (IoT) applications, won the 2016 Product of the Year award from IoT Evolution for its LPWANs across North America featuring Semtech LoRa® wireless RF technology.

Senet, which recently announced network rollouts to expand coverage to over 100 new cities in the U.S., is a leading provider of LoRa-based LPWANs in North America. Through its various initiatives to help scale IoT adoption, including its robust network of LPWANs, its newly announced foundry to help accelerate development and deployment of LoRa-based IoT applications, and its microcell base station solutions, Senet has established itself as a leader in the growing IoT ecosystem.

Senet’s LPWANs are enabled by Semtech LoRa technology, a two-way wireless solution uniquely developed for IoT. By utilizing LoRa technology and the LoRaWAN™ specification, Senet can offer longer range, greater battery life, reduced infrastructure costs, guaranteed interoperability and more.

“Senet is committed to scaling IoT adoption and is very deserving of this distinguished award,” said Jaap Groot, Vice President of System Business Development for Semtech’s Wireless and Sensing Product Group. “By continuing to expand its LoRa-based LPWAN in North America and launching services to educate companies about LoRa IoT solutions, Senet is setting the stage for wide adoption and implementation of IoT throughout the U.S. and North America.”

“LoRa technology is a key enabler of our vast network of LPWANs and continued network rollout throughout North America,” said Will Yapp, Vice President of Business Development, Senet. “This award is a testament to our extensive efforts to take a standards-driven approach to LoRa IoT application adoption.”

Semtech and Senet are members of the LoRa Alliance™, a group of over 300 companies committed to driving and enhancing the LoRaWAN specification to ensure interoperability and scalability of LPWANs and IoT applications. Through its work with member companies and IoT industry groups, the LoRa Alliance is making LoRaWAN the standard for LPWANs focused on low power, long-range IoT applications. To date, there are LoRaWAN public and private networks in more than 50 countries worldwide.

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About Semtech

Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words "enable," " to accelerate," or "to expand," or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (http://www.sec.gov) including, without limitation, information under the captions “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors”. Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo, LoRa and LoRaWAN are registered trademarks or service marks of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.

Press Contact

Ronda Grech, Public Relations, Telephone: (805) 480-2193

 
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