Sequans Reaches LTE-M Milestone With Successful Testing of Sequans Monarch Chip on Orange Network

PARIS — (BUSINESS WIRE) — July 10, 2018 — LTE for IoT chipmaker Sequans Communications S.A. (NYSE: SQNS) announced that its Monarch LTE-M chip has successfully passed interoperability testing with leading European mobile operator Orange. Sequans has been collaborating with Orange for many years with the goal of supporting the operator’s LTE-M strategy and accelerating the growth of its LTE for IoT ecosystem.

“We are pleased to support Orange with their LTE-M network strategy and now that our Monarch chip is proven interoperable with their network equipment, we are ready for the next phase, and expect to see numerous Monarch-powered IoT devices launching on Orange’s LTE-M network,” said Georges Karam, Sequans CEO.

“Sequans’ Monarch technology enables low cost and low power LTE-M IoT devices and supports our strategy to deploy LTE-M as a priority all over Europe,” said Luc Savage, VP, Devices Enterprise IoT, Orange. “LTE-M is especially useful for IoT use cases where support of mobility, real-time bi-directional link, and low and medium throughput is key, and Sequans’ Monarch is proven solution, already designed into many of these types of devices around the world.”

“Our Monarch technology provides a proven and truly valuable solution that can deploy all over Europe and indeed all over the world using a single hardware SKU that can operate on any frequency band,” said Karam.

Sequans’ Monarch LTE Cat M1/NB1 Platform is the world’s most highly optimized LTE-M/NB-IoT chip. It provides full support for power saving mode (PSM) and extended discontinuous reception (eDRX) to enable the long battery life needed by many IoT use cases, and it provides the enhanced coverage modes defined in the standard that extend coverage for deep-indoor and remote deployments. Monarch comprises baseband, RF, power management, and RAM, integrated into a single, tiny 6.5 x 8.5 mm package. Monarch also supports advanced features such as programmable RF filtering for global band support in a Single-SKU™, and proprietary dynamic power management technology enabling rock bottom low power consumption of 1 micro amp for long battery life. Monarch has previously been certified by operators in USA and Japan.

Forward Looking Statements

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a leading provider of single-mode 4G LTE semiconductor solutions for the Internet of Things (IoT) and a wide range of broadband data devices. Founded in 2003, Sequans has developed and delivered seven generations of 4G technology and its chips are certified and shipping in 4G networks around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for broadband devices, including CPE, mobile and portable routers, and high-performance IoT devices; and StreamliteLTE™, optimized for lower data rate and narrowband IoT devices, including wearables, trackers, and sensors. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at  www.sequans.comwww.facebook.com/sequanswww.twitter.com/sequans



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