CAMARILLO, Calif.--(BUSINESS WIRE)--Aug 9, 2018--Semtech Corporation  (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced collaboration with HEX SAFETY (HEX), a leading smart fire prevention company in Taiwan, to incorporate Semtech’s  LoRa® devices and wireless radio frequency technology (LoRa Technology) into its Dynamic Evacuation System.

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Semtech and HEX (Graphic: Business Wire)

“Emergency data transmission is extremely important in a fire scene and Semtech’s LoRa Technology helps us to build a more stable solution,” said Hsiao-Mei Lin, General Manager of HEX SAFETY. “LoRa Technology not only brings a new vision of fire prevention to the industry, but also creates an innovative IoT application use case that better serves cities and communities. We hope to use this technology to make public space and large-scale buildings safer and more comfortable.”

HEX’s Dynamic Exit Signs integrated with LoRa Technology intuitively help people navigate complex hazardous zones in real-time by indicating the quickest and safest direction out of the premises. The conventional exit signs only signal where the closest exit is, which may mistakenly lead people into hazard zones. The HEX Dynamic Evacuation System communicates with the building’s existing fire alarm system and sends the safest direction to every HEX exit sign in the building. By enhancing people’s decision making and shortening the egress route, the HEX Dynamic Evacuation System significantly increases chances of survival. Since power outages are common during a fire, LoRa Technology provides the long range and low power capabilities in an IoT platform that is needed for operating HEX’s exits signs.

“With its flexibility and easy deployment, Semtech’s LoRa Technology is ideal for emergency evacuation solutions,” said Vivek Mohan, Director of IoT for Semtech’s Wireless and Sensing Products Group. “HEX’s innovative application is a perfect example of IoT technology solving real-world challenges that create a smarter planet.”

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 HEX SAFETY, Inc.

HEX SAFETY, INC. is the pioneer supplier of the Dynamic Evacuation System which brings technology into the fire prevention industry. HEX has focused on the research and development of the Dynamic Evacuation System since 2011. HEX’s Dynamic System is the first intelligent fire equipment which was approved by the Fire-Fighting Alliance in Taiwan and became a certified B Corporation. For more information, visit  https://www.hexsave.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 “hope,” “could,” “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/20180809005131/en/

CONTACT: Semtech Corporation

Ronda Grech, 805-250-1263

rgrech@semtech.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA TAIWAN

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

SOURCE: Semtech Corporation

Copyright Business Wire 2018.

PUB: 08/09/2018 08:00 AM/DISC: 08/09/2018 08:01 AM

http://www.businesswire.com/news/home/20180809005131/en