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Semtech’s LoRa Technology Enables Smarter Management of Industrial Applications

November 15, 2018

CAMARILLO, Calif.--(BUSINESS WIRE)--Nov 15, 2018--Semtech Corporation  (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that EasyReach Solutions, an Indian startup specializing in smart IoT solutions for industrial applications, has incorporated Semtech’s  LoRa® devices and wireless radio frequency technology (LoRa Technology) into its industrial and smart vehicle monitoring products.

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Semtech’s LoRa Technology Enables Smarter Management of Industrial Applications (Graphic: Business Wire)

“Semtech’s LoRa Technology allows us to remotely monitor our equipment and vehicles in ways never before thought possible,” said Amol Vedak, Founder and Director at EasyReach. “LoRa provides us the means to more intelligently manage our industrial resources, and the proven, flexible capabilities of the sensors allow the solution to scale to our needs.”

EasyReach’s LoRa-enabled sensors have been developed to include electrical current testing, temperature reading and GPS capabilities. All sensors are compatible with the LoRaWAN™ protocol and have been verified for GPS tracking ability over eight kilometers line of sight. EasyReach’s LoRa-based applications for smart industry include sensors for steam traps, concrete mixers, forklifts, diesel tankers, back hoes, water meters, and trucks. EasyReach has over 600 deployments to date, saving customers money through more efficient industrial management after implementation.

“The benefits of integrating Semtech’s LoRa Technology in industrial asset management solutions go beyond simply providing location information, as supply chain and industrial management companies are looking to more efficiently monitor their equipment health and predict maintenance,” said Vivek Mohan, Director of IoT, Wireless and Sensing Products at Semtech. “LoRa Technology is the ideal choice for low power asset management as the technology enables solutions that are scalable, proven and easy to implement into existing infrastructure and equipment.”

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 over 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 EasyReach EasyReach aims to be one of India’s top IoT solution companies by building solutions that specifically address Indian problems while keeping the Indian context and constraints in mind. They are building IoT solutions for the retail industry that enhance productivity, track assets and improve ROI for brands and retailers. Eventually EasyReach plans on expanding their offerings to other verticals with similar needs with what they call the “EasyReach IoT platform.” Currently, EasyReach is one of India’s biggest cloud controlled digital signage providers with over 3,000 locations across the country. Visit their site to learn more: http://easyreach.co.in/

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 “ideal for,” “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, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com:https://www.businesswire.com/news/home/20181115005323/en/

CONTACT: Semtech Corporation

Ronda Grech, 805-250-1263

rgrech@semtech.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA INDIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE SOFTWARE TELECOMMUNICATIONS SEMICONDUCTOR MOBILE/WIRELESS COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS

SOURCE: Semtech Corporation

Copyright Business Wire 2018.

PUB: 11/15/2018 08:00 AM/DISC: 11/15/2018 08:01 AM

http://www.businesswire.com/news/home/20181115005323/en

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