Semtech : and X-TELIA Implement LoRa Solution for Smart Bus Schedule Signs

Among the first of its kind in Canada, the signs leverage a LoRaWAN™ network to accurately provide up-to-date bus schedules in Montreal

CAMARILLO, Calif., August 2, 2018 - Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that X-TELIA, an Montreal-based LoRaWAN™ network operator that enables the Internet of Things (IoT) and a LoRa Alliance™ member, developed a smart city solution utilizing Semtech's LoRa® devices and wireless radio frequency technology (LoRa Technology) in digital schedules for bus shelters in the Montreal area.

'X-TELIA worked closely with the City of Montreal to develop enhanced community services by providing long range, low power digital signs,' Eric Bourbeau, CEO of X-TELIA. 'This project, among the first of its kind in Canada, should greatly improve the lives of many commuters and be an example of smarter transit for cities everywhere.'

X-TELIA installed LoRa-based displays showing the next departing bus time in bus shelters throughout Montreal. The solar powered displays operate on X-TELIA's public LoRaWAN network. In the future, X-TELIA expects to update the displays to show bus delays in real-time, leveraging Semtech's LoRa Technology for tracking and up-to-the-minute schedule changes. The program is among the first in Canada to utilize LoRa Technology for smart transit including tracking and scheduling.

'LoRa Technology for smart transit can save commuters time and help the city run more efficiently,' said Vivek Mohan, Director of IoT in Semtech's Wireless and Sensing Products Group. 'X-TELIA's LoRa-based solution is an excellent example for future system integrators as the sensors are easy to install, run on a fraction of the power of current solutions and provide real-time tracking even in densely crowded urban areas. When these solutions are combined with other smart city technologies, including smart parking and waste management, the future of a city is transformed to create a smarter planet.'

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 X-TELIA

The X-TELIA network is the first LoRaWAN™ public network in Quebec. It was launched by Quebec entrepreneurs who are eager to provide businesses, cities and citizens access to a new generation of technologies and applications that, according to analysts around the world, will soon change the world, for the better. For more information, visit https://en.x-telia.com

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 'should,' 'expects to,' 'can,' 'to create,' '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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