AP NEWS

Spectra7 Technology Now Available from 10Gtek

November 12, 2018

DALLAS--(BUSINESS WIRE)--Nov 12, 2018--Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that leading data center interconnect supplier and online retailer 10Gtek has begun offering active copper cables (ACCs) using Spectra7’s revolutionary GaugeChanger TM technology. Additionally, 10Gtek ACC cables with Spectra7 technology will be showcased at the SuperComputer 2018 (SC18) show at the Kay Bailey Hutchison Convention Center in Dallas, TX from November 12-15.

“Spectra 7 has created a revolutionary solution to address the dramatically increasing power and cost of data center interconnects,” said Alan Wong, General Manager at 10Gtek. “We are pleased to be moving forward on several new designs with Spectra7 based on our technology assessment and customer interest.”

10Gtek is a top-10 manufacturer of passive direct attached cables (DACs) used in data center applications. 10Gtek’s DAC offerings include: SFP28, QSFP28 and soon QSFP-DD. Bringing together this technology and know-how with Spectra7’s GaugeChanger TM embedded ICs offers up to 12 times less power and significant cost savings over optical solutions for data center customers.

“10Gtek is a leading supplier and online retailer in the data center interconnect market,” said Spectra7 CEO Raouf Halim. “The adoption of our GaugeChanger TM technology by 10Gtek will offer us a strong sales channel into the enterprise and HPC data center markets.”

GaugeChanger TM is an innovative and disruptive technology that allows copper to extend much longer lengths without the cost and power penalty of optics. It works equally well at 25Gbps NRZ and 50Gbps PAM4 enabling new connector standards of 100/200/400 Gbps.

10GTek will be showcasing products with Spectra7’s GaugeChanger TM technology at SC18 in Booth #4419.

About 10Gtek

10Gtek Transceivers Co., Ltd is a leading high speed cable and transceiver supplier in China, who designs, manufactures and sells direct attach copper cables and optical transceivers (10G/40G/100G). We focus on the development of high reliability and cost efficient interconnect solution, providing the best-of-breed copper or optical modules for customers in areas such as cloud computing, data centers, data communication, long-distance transmission, wireless access, etc. Our valued proposition is our leading-edge optical component and packaging technology, high speed cable design know-how and unique low-cost testing capability. For more information, please visit www.10gtek.com

About SC18

SC18 is the world’s largest marketplace for HPC and networking professionals, attracting scientists, engineers, software developers, policy makers, corporate managers, CIOs, and IT administrators from universities, industry, and government agencies worldwide. For exhibitors, no other event provides such extensive opportunities for exposure and in-depth interaction with key audiences as more than 12,000 attendees from around the world convene in Dallas to discover the latest innovations in HPC, networking, storage, and analysis. For more information, please visit sc18.supercomputing.org

About Spectra7 Microsystems Inc.

Spectra7 Microsystems Inc. is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers and other connectivity markets. Spectra7 is based in San Jose, California with design centers in Cork, Ireland, and Little Rock, Arkansas. For more information, please visit  www.spectra7.com.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s annual MD&A for the year ended December 31, 2017. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181112005186/en/

CONTACT: Spectra7 Microsystems Inc.

Sean Peasgood, 647-503-1034

Investor Relations

ir@spectra7.com

or

Darren Ma, 669-284-3170

Chief Financial Officer

pr@spectra7.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA TEXAS

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL DATA MANAGEMENT HARDWARE INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS SEMICONDUCTOR MANUFACTURING ENGINEERING RETAIL

SOURCE: Spectra7 Microsystems Inc.

Copyright Business Wire 2018.

PUB: 11/12/2018 07:00 AM/DISC: 11/12/2018 07:01 AM

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