Semtech’s LoRa Technology Creates IoT Metering Solutions to Improve Facility Management in China

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that EasyLinkin, a high-tech enterprise specializing in the research and development of low power wide area network (LPWAN) technologies, has incorporated Semtech’s LoRa® devices and wireless radio frequency technology (LoRa Technology) into its IoT smart metering solutions to improve facility management.

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Semtech and EasyLinkin (Graphic: Business Wire)

LoRa-enabled smart meters from EasyLinkin monitor utility usage rates in real-time to provide facilities more visibility to reduce operating costs. EasyLinkin’s LoRa-based products are easy to install on existing meters and are currently being deployed across China in both public and private LoRaWAN™ networks. Utility companies are able to monitor utility usage in real-time to reduce operational costs and conserve natural resources.

"Our customers are able to analyze their usage through real-time data collected by our smart metering solutions to reduce operational costs,” said Kun Xu, Co-Founder & Executive President at EasyLinkin. "This was enabled and would not be possible without Semtech’s LoRa Technology, which provides the ideal IoT solution for utility monitoring and management. The easy deployment and flexibility of LoRa Technology enables consistent data transmission in either a private or public network.”

"With an increased emphasis on sustainability, there’s an absolute need for IoT solutions, like Semtech’s LoRa Technology, to solve real-world environmental challenges,” said Vivek Mohan, Director of IoT, Semtech’s Wireless and Sensing Products Group. "Integrating LoRa Technology into EasyLinkin’s metering devices provides an IoT solution that reduces operational costs like maintenance and allows an inside look into utility consumption, letting consumers change their usage accordingly.”

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 EasyLinkin

EasyLinkin Technology Co., Ltd. is a system solution provider for LoRaWAN connectivity in vertical industries. EasyLinkin’s G500 Gateway and M200 Modules have been widely adopted by their system integration partners, application solution partners and platform partners such as Alibaba and CEC with hundreds of LoRaWAN projects deployed in the area of Smart Metering, Public Security, Smart Building and Smart Community etc. With R&D center in Optical Valley, Wuhan, which is one of the world's largest centers for communication equipment, EasyLinkin has sales offices across China in Shenzhen, Hangzhou, Shanghai, Beijing, Guangzhou, Chengdu and Chongqin. The core team is from Huawei, Broadcom, AMD, Samsung, Tsinghua University and UCLA. EasyLinkin has recently secured investments from IDG, China Growth Capital and CEC and other venture capital institutions in June 2018. EasyLinkin has been continuing to work together with their partners to drive more creative usage for LoRaWAN technology. To learn more, please visit http://www.EasyLinkin.com/en.

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 "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.

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