The Tabs solution currently includes door/window sensors, motion sensors, temperature/humidity/air quality sensors, wearable locator sensor, object locator sensor, and configurable push-button based on the Semtech SX1276 transceiver. Tabs is a platform that will allow the connection of many other sensors to be added due to the standardization of the LoRaWAN open protocol through the LoRa Alliance™. The standardization, ecosystem, and seamless interoperability of different sensors and vendors are what are driving the success and acceptance of LoRa Technology across a number of targeted IoT verticals including consumer."LoRaWAN has significant advantages in consumer and building applications," said Hardy Schmidbauer, TrackNet co-founder and CEO. "The open protocol is gaining significant traction and expected to be the defacto standard for consumer and building solutions due to the outstanding user experience and ROI it provides." "Because of LoRa Technology's low-power capability and low cost deployment, the TrackNet solution illustrates the key IoT benefits to the consumer industry," said Marc Pegulu, Vice President and General Manager for Semtech's Wireless and Sensing Products Group. "LoRa Technology is the platform of choice for building IoT networks worldwide serving industrial, enterprise, cities, and home consumers use case applications." About Semtech LoRa ® Devices and Wireless RF TechnologySemtech'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 45 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 TrackNetTrackNet provides highly scalable LoRaWAN IoT solutions for consumers and industry, focusing on ease of use and unparalleled scalability to enable a new era of exponentially growing LPWAN deployments for a sustainable world. The company's first commercial product is the Tabs all-in-one monitoring system, which demonstrates TrackNet's ability to develop end-to-end solutions including sensors, gateways, network server and apps with optimized user experience. The company is a contributing member of the LoRa Alliance and the TrackNet team has been instrumental in specifying, building, and establishing LoRaWAN and the LoRa Alliance for more than five years. TrackNet has offices in Switzerland and California, USA. More information is at www.tracknet.io and Tabs.io. About SemtechSemtech 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 "will," "expected to," "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
Contacts: Hardy Schmidbauer TrackNet Inc. (650) 215 0982 email@example.comRonda Grech Semtech Corporation (805) 250-1263 firstname.lastname@example.org A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8b37e46d-9f7b-4deb-bff1-692a5b8f565b The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.