Semtech and YEAP! Expand LoRa-Based Network in Latin America

Semtech
Corporation (Nasdaq: SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms,
announced that YEAP!,
an Argentina-based LoRaWAN™ network operator that enables the Internet
of Things (IoT) and LoRa Alliance™ member, rolled out public LoRaWAN
networks to leverage Semtech’s LoRa®
devices and wireless radio frequency technology (LoRa Technology) in
Uruguay. YEAP! has recently completed its first stage of deployment in
Uruguay’s capital, Montevideo, as the first part of its investments to
increase LoRaWAN coverage in Uruguay, Paraguay and the greater Latin
America region.

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Semtech and YEAP! (Graphic: Business Wire)

“We have very ambitious plans for Latin America that are already in
progress. Our new operation in Uruguay increases the scale of the
network in Latin America and enables a larger ecosystem of local IoT
integrators and solution providers,” said Martin Rajman, YEAP!’s CEO.

Latin America’s IoT market is expected by Micromarket
Monitor to more than triple from $14.2 billion in 2013 to $44.4
billion by 2019. To support this rapid growth, YEAP! developed a long
range, low power LoRa-based infrastructure to support a variety of
solutions including smart parking, smart lighting and smart energy
monitoring. YEAP!’s solutions can be implemented into preexisting
networks with minimal deployment cost, and LoRa Technology’s low power
design offers optimal battery sustainability.

“The IoT industry in Latin America is expanding rapidly and YEAP! is one
of the leading companies establishing smart, innovative solutions in the
region,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and
Sensing Products Group. “LoRa-based solutions are important for Latin
America to improve services to its community and solve daily challenges
including reducing traffic congestion and conserving natural resources.
Semtech’s collaboration with YEAP! will continue to advance our shared
goal of creating an infinite amount of LoRa-based use cases for multiple
verticals.”

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 YEAP!

YEAP! is a LoRaWAN network operator in Argentina that enables the
Internet of Things and offers customized software solutions for
companies and governments to improve their profitability and efficiency.
In collaboration with IoT companies within the LoRa ecosystem, YEAP!
offers solutions including smart city, agriculture, and safety and alarm
solutions among many others. YEAP! continues to collaborate with
companies and universities to develop new solutions which can be made
available through its LoRaWAN network. For more information, visit http://www.yeap.com.ar/?lang=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 “to increase,” “enables,”
“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

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