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Semtech and CRA Deploy LoRaWAN-based Network Reaching 75% of the Czech Republic

November 28, 2018

CAMARILLO, Calif.--(BUSINESS WIRE)--Nov 28, 2018--Semtech Corporation  (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that České Radiokomunikace (CRA), a Czech telecommunications company providing commercial Internet of Things (IoT) services to businesses, has deployed a nationwide LoRaWAN™-based network. The network enables access to Semtech’s  LoRa® devices and wireless radio frequency technology (LoRa Technology) for 75% of the population with plans for continued network expansion.

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Semtech and CRA Deploy LoRaWAN-based Network Reaching 75% of the Czech Republic (Photo: Business Wire)

“We chose Semtech’s LoRa Technology for its open ecosystem and the flexibility it provides for IoT applications,” said Jan Skabrada, IoT Partnership Manager for CRA. “There is a strong push in the country to replace manual utility metering with an Internet-based, Cloud-enabled solution.”

ABI Research estimates that nearly 20% of utility meters worldwide will be connected using low power wide area networks (LPWANs) by 2026. Currently, CRA has 8,000 active metering devices deployed across the country and plans to increase this number to 20,000 by the end of 2019. With the number of smart meters increasing in the country, energy consumption has dropped by as much as 30%.

“CRA provides Czech cities with flexible and reliable smart-utility solutions that maximize efficiency in utility management,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group. “Leveraging Semtech’s LoRa Technology, solutions such as these can be put into place to increase efficiency, reduce costs and help conserve energy.”

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 CRA

České Radiokomunikace (CRA) is a leader in providing digital infrastructure. In addition to broadcast services, the company focuses on connecting the world of television, radio and the Internet. It runs its own data center and provides its customers with superior computing power. CRA has their own fiber-optic backbone network, and, thanks to a strong broadcasting infrastructure, can offer customers a wireless solution or nearby fiber optic connections. Visit their site to learn more: https://www.cra.cz/.

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 “plans for,” “will,” “plans to,” “can be,” “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/20181128005235/en/

CONTACT: Ronda Grech

Semtech Corporation

(805) 250-1263

rgrech@semtech.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA CZECH REPUBLIC CALIFORNIA

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

SOURCE: Semtech Corporation

Copyright Business Wire 2018.

PUB: 11/28/2018 08:00 AM/DISC: 11/28/2018 08:01 AM

http://www.businesswire.com/news/home/20181128005235/en

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