Semtech Supports Microchip in Delivering Industry’s First All-in-One Evaluation Kit Based on LoRa™ Technology

Semtech Supports Microchip in Delivering Industry’s First All-in-One Evaluation Kit Based on LoRa™ Technology

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CAMARILLO, Calif., May 31, 2016 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced that Microchip Technology Inc. (Nasdaq:MCHP) has released an all-in-one LoRa™ technology evaluation kit that includes the required components to create a low-power wide-area network (LPWAN) for either Europe or North America.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/be42cb47-2fd9-4698-9b21-ec75c651c0df

The evaluation kit gives Internet of Things (IoT) developers a simplified way to develop, evaluate and demonstrate a LoRa-based commercial LPWAN for either the European 868 MHz band or the North American 915 MHz band. The kit includes a LoRaWAN™ gateway, a pair of Microchip Mote end-device modules (LoRaWAN sensors) and a local LoRaWAN network server application. The technology targets low data rates and low-duty-cycle applications for tracking and monitoring such things as energy, location, utility infrastructure, smart city, environment, agriculture and public safety.

“These new LoRa evaluation kits deliver what many of our customers have been asking for since we announced the industry’s first certified module earlier this year,” said Steve Caldwell, vice president of Microchip’s Wireless Solutions Group. “These LoRa evaluation kits are another industry first and deliver everything needed for a developer to create a LoRaWAN network right at their desk.”

“The momentum behind LoRaWAN technology is accelerating because it has the performance and low power consumption that really meet the needs of LPWAN-based applications,” said Marc Pegulu, Vice President and General Manager of Semtech’s Wireless and Sensing Product Group. “Another reason for the success of the LoRaWAN specification is the collaboration of LoRa™ Alliance members like Microchip. We appreciate their initiative in pulling together this very helpful starter kit.”

Semtech and Microchip are both members of the LoRa Alliance and are committed to standardizing the LoRaWAN specification to allow interoperability between IoT networks and applications throughout the world. A LoRaWAN network typically offers up to 10 miles of range and 10-year battery lifetime, reducing the need for extensive infrastructure and maintenance. In addition, LoRa technology provides proven signal strength in dense urban areas.

Pricing and Availability
The LoRa evaluation kit is available from microchipDIRECT for $499.00 each at www.microchipdirect.com. For more information or to contact a Microchip sales representative, visit www.microchip.com/LoRa4046.

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About Semtech
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors 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 "provides,” “offers,” “targets,” “to develop,” “committed 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, LoRa and LoRaWAN are registered trademarks or service marks, or trademarks or service marks, of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

CONTACT: Contact:David GuerraSemtech Corporation(805) 480-2184dguerra@semtech.com
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