Sequans and Microchip Accelerate 5G Massive IoT With LTE-M/NB-IoT Connected MCU Solutions

PARIS — (BUSINESS WIRE) — March 3, 2020 — Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G chips and modules for IoT, today announced a collaboration with Microchip Technology Inc. to deliver 5G LTE-M/NB-IoT connectivity solutions based on Sequans Monarch family of chips and Microchip’s family of microcontrollers (MCUs). The collaboration supports Microchip’s strategy of making it possible for developers to connect easily to any major core or cloud, and rapidly prototype their IoT devices using best-in-class technologies.

“Our collaboration with Microchip aims to make massive IoT a reality by providing developers with a simple yet powerful IoT development environment that integrates micropressor power with 5G IoT connectivity,” said Georges Karam, Sequans CEO. “Microchip’s highly sophisticated MCUs combined with Sequans’ industry-leading Monarch LTE-M/NB-IoT chip platforms provide this by enabling the easy and rapid development of secure IoT applications across a wide range of markets.”

“Sequans’ Monarch LTE-M/NB-IoT technology is an important part of our embedded IoT solutions strategy and our collaboration with Sequans helps to overcome the challenges developers face in connecting MCUs to the cloud via cellular IoT networks,” said Greg Robinson, associate vice president of marketing for Microchip’s 8-bit microcontroller business unit. “Sequans’ Monarch platforms provide critically important and advanced IoT capabilities, including industry-leading low power consumption, secure connectivity, and global deployment capability.”

Sequans’ Monarch chip family supports 3GPP Release 14 and 15 and LTE UE categories M1/NB1/NB2. Monarch chips are single-chip solutions, each with a very high level of integration, optimizing cost. Monarch supports all power classes, +23/20/14 dBm, for extended coverage, and supports all major networks with Single-SKU™ hardware. Monarch 2 and Monarch N are 5G ready and fully compatible with first generation Monarch, the industry’s most mature and reliable LTE-M/NB-IoT connectivity solution, certified by leading operators all over the world. Monarch 2 and Monarch N deliver significant improvement in power consumption, overall solution cost, and advanced features, including an embedded secure element (SE) with the highest, government-grade security level possible, EAL5+, and iUICC functionality. For positioning, Monarch embeds Sequans’ location engine, IoT-Findit™, which provides indoor and outdoor positioning via a wide range of LTE-based location technologies.

The Microchip/Sequans LTE-M/NB-IoT development kit will be released in Q3 2020.

Forward Looking Statements

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of 5G and 4G chips and modules for massive, broadband, and critical IoT devices. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband and critical IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, 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.com.



Contact:

Media relations: Kimberly Tassin (USA), +1.425.736.0569, kimberly@sequans.com
Investor relations: Claudia Gatlin (USA), +1 212.830.9080, claudia@sequans.com




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