CAMARILLO, Calif., June 28, 2016 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and
mixed-signal semiconductors, today announced that its LoRa® Wireless RF Technology will be featured in a new IoT network
that will be deployed in Gothenburg, Sweden by telecom operator Tele2, and IoT and telecom network specialist TalkPool AB, an
affiliated company of TalkPool AG.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7c9431fe-817b-4ecf-bbc4-da1fff113d38
The Tele2 network, based on the LoRa Alliance open LoRaWAN™ specification, will include the building blocks necessary for
customers and partners to test, use and develop their own IoT solutions quickly, including sensors and base stations embedded with
Semtech LoRa wireless chipsets, as well as the applications for managing the sensors, processing the data, and managing the
connectivity of each device connected to the network. Initial applications targeted for the network include smart city, public
transportation, smart metering, environmental monitoring, pest control and asset tracking.
“In collaboration with Tele2, we chose a LoRa-based IoT technology because it offered a combination of long range wireless
connectivity, low energy consumption, low cost and telecom grade security, which are all very important considerations when you
plan to roll out a network to a large metropolitan area," said Robert Spertina, Head of IoT & Managing Director at TalkPool. “In
addition, the network substantially reduces infrastructure and end node costs by eliminating repeaters and increasing battery
lifetime which means sensors can last for years without needing their batteries replaced.”
“We are convinced that our customers will need a wide range of new technologies in the IoT field and at Tele2 and we want to
give them the opportunity to use as many of these new technologies as possible in ways that are both simple and flexible,” said
Rami Avidan, IoT Managing Director at Tele2. “The launch of our new LoRaWAN-based network will be a great step in that direction,
providing new and existing customers with an excellent platform to launch their own innovative IoT applications.”
“We are pleased that after evaluating their options, Tele2 and TalkPool have decided to use a LoRaWAN platform for their new IoT
network,” said Jaap Groot, Vice President of System Business Development for Semtech’s Wireless and Sensing Product Group. “We are
confident that their new commercial network will help foster a wide range of applications aimed at improving business efficiencies,
public safety, and the overall quality of life for the citizens of Gothenburg.”
The Tele2 network is expected to go live in the third quarter of 2016.
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About Semtech
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, enterprise 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
"will,””planned,” “targeted for,” “offered," 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 (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, or 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.
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Contact: David Guerra Semtech Corporation (805) 480-2184 dguerra@semtech.com
