Semtech and Smart Mimic Secure Rooms and Belongings with LoRa®-based Consumer Devices

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed signal semiconductors and advanced algorithms, announced that Smart Mimic, a leading provider of Internet of Things (IoT) solutions for security on-the-go, has integrated Semtech’s LoRa® devices and the LoRaWAN® protocol into its new MimicGO line of consumer products for enabling safe and secure rooms and belongings. The LoRa-based devices deploy indoor or outdoor to monitor condition changes in a range of applications, including door sensing, belonging movements and tampering, motion sensing in rooms, and open/closed status in drawers or safes.

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Smart Mimic LoRa-based solution (Graphic: Business Wire)

"Semtech’s LoRa devices and the LoRaWAN protocol connect flexible consumer security devices for smarter management and deliver the ideal combination of low power and consistent data monitoring required for the MimicGO product line,” said Burak Yalcinkaya, Co-founder and Head of Marketing at Smart Mimic. "With LoRa integrated, MimicGO represents one of the first IoT-enabled consumer security solutions of its kind, offering instant, portable and secure deployment, and providing real-time status updates on asset location or door tampering. As a result, these on-the-go devices provide customers peace of mind, safety and prevent the loss or theft of belongings.”

LoRa-based MimicGO sensors are low power, wireless and compact, enabling increased deployment flexibility into a variety of potential uses for smarter monitoring. Upon detecting a change in status, the device activates an alarm to discourage theft or tampering with monitored locations. Additionally, these customizable alarms, combined with real-time smartphone notifications, make MimicGO a leading solution for connecting smart homes and assets for those with hearing impairments. The solution leverages LoRa devices’ proven geolocation capabilities to enable swift asset location and loss prevention, saving end users time and money.

"Integrating LoRa devices for easy-to-use consumer products enables end users to directly receive the benefits of smarter data monitoring without needing prior IoT experience,” said Marc Pegulu, Vice President of IoT in Semtech’s Wireless and Sensing Products Group. "LoRa-based products are flexible and deploy almost anywhere without requiring external wiring or other infrastructure. Smart Mimic leveraged these deployment advantages, along with LoRa devices’ capabilities for reliable data monitoring and notification, to deliver products that simplify personal security for individuals and their belongings.”

To learn more about LoRa devices, visit the Semtech website.

About Semtech’s LoRa® Devices

Semtech’s LoRa devices are widely adopted long-range, low-power solutions for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN® specification have been deployed in 100 countries and Semtech is a founding member of the LoRa Alliance®, the fastest growing IoT alliance for low power wide area network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Smart Mimic

Smart Mimic is a U.S.-based technology leading IoT security on the go company, that provides hardware and software solutions. Smart Mimic is now globally launching its brand new technology, which provides, innovative solutions for bicycle, hotel room & travel, asset security and asset tracking solutions, allowing its users to get notified from anywhere, anytime. Smart Mimic has advisors and investors from Forbes 500 companies, including Apple and Google. For more information, visit smartmimic.com.

About Semtech

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms 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 "designed to” 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 and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.

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