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Spectra7 and Genesis Connected Solutions Showcase Ethernet Data Center Connectivity at SC18

November 15, 2018

DALLAS--(BUSINESS WIRE)--Nov 15, 2018--Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, and Genesis Connected Solutions, an innovative high speed interconnect supplier, today announced that they are showcasing their latest data center cable products using Spectra7’s GaugeChanger TM active copper technology at the Supercomputing 2018 (SC18) show at the Kay Bailey Hutchison Convention Center in Dallas, TX from November 12-15.

“Spectra 7 has developed unique technology that not only helps extend data center copper-based cable solutions but also significantly reduces power and cost when compared to optical solutions,” said Mick Felton, director of engineering at Genesis. “The demonstration of a 5m QSFP-DD cable at SC18 highlights the key advantages of Spectra7’s technology in our interconnect products.”

“Genesis is an innovation leader in the data center interconnect solutions market,” said Spectra7 CEO Raouf Halim. “This joint demonstration in the QSFP-DD format showing both NRZ and PAM4, is another major milestone in the validation of our data center technology.”

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 25 Gbps NRZ and 50 Gbps PAM-4 enabling new connector standards of 100, 200 and 400 Gbps.

Genesis will be showcasing products with Spectra7’s GaugeChanger TM technology at Booth #4348.

About Genesis

Genesis Connected Solutions, founded in 1994, is a privately held corporation, headquartered in Atlanta, Georgia. Our dedication to intelligent innovative solutions for electro-mechanical problems is our company-wide goal. Genesis’ mission is to be a partner in innovative electronic interconnect solutions so that our customers can bring their ideas to reality. We pursue this with a dedication to the best value and highest quality of customer satisfaction delivered with friendliness, individual pride, and company spirit.

For more information, please visit www.genesis-connected.com

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/20181115005271/en/

CONTACT: Spectra7 Microsystems Inc.

Sean Peasgood

Investor Relations

647-503-1034

ir@spectra7.com

Spectra7 Microsystems Inc.

Darren Ma

Chief Financial Officer

669-284-3170

pr@spectra7.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE NETWORKS TELECOMMUNICATIONS SEMICONDUCTOR

SOURCE: Spectra7 Microsystems Inc.

Copyright Business Wire 2018.

PUB: 11/15/2018 07:00 AM/DISC: 11/15/2018 07:01 AM

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