Semtech’s LoRa Technology Wins Analog Semiconductor Award at Elektra 2018

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today announced that Semtech’s SX126x of the LoRa® devices and wireless radio frequency technology (LoRa Technology) platform has been named the Analog Semiconductor of the Year at the Elektra Awards. SX126x, introduced to the market in early 2018, is the latest generation of LoRa Technology for Internet of Things (IoT) communication, and brings longer range and lower power connectivity for end points.

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Semtech’s LoRa Technology Wins Analog Semiconductor Award at Elektra 2018 (Graphic: Business Wire)

"Semtech’s LoRa Technology is increasingly being leveraged to solve complex issues ranging from crop irrigation schedules to Cloud-connected fire alarms,” said Marc Pegulu, Vice President and General Manager of Semtech’s Wireless & Sensing Products Group. "LoRa Technology is the device, network and applications (DNA) of IoT, enabling simple, proven, scalable, and easy-to-implement solutions. This award recognizes our vision that long range and low power are key values for the IoT market. SX126x has been designed to offer simpler and shorter development time to our customers.”

LoRa Technology has thousands of proven, real-world use cases. Apana, a Washington-based technology company, deployed LoRa-enabled water management and leak detection solutions in Costco warehouses, reducing water usage by 20% and saving Costco 22% on water bills. In addition, CRA, a leading provider of LoRaWAN™-based networks and utility metering solutions, currently offers LoRaWAN-based network coverage to 75% of the Czech Republic, with smart metering solutions in the country quickly growing. Tens of millions of LoRa-based smart metering solutions were deployed globally in 2018. LoRa Technology enables IoT solutions fostering innovation from a growing ecosystem of companies and developers.

About Semtech’s LoRa® Devices and Wireless RF Technology

Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution 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 and join the LoRa Community to access free training as well as an online industry catalog showcasing the products you need for building your ideal IoT application.

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 "is increasingly being,” "vision,” "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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