Semtech's LoRa Technology Integrated in Lemonbeat's Utility Metering Solution

Market-ready meters offer dual radio communication for increased accuracy

Semtech Corporation SMTC, a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Lemonbeat, an Internet of Things (IoT) solution provider, has integated Semtech's LoRa® devices and wireless radio frequency technology (LoRa Technology) into its smart metering solutions for easier reading and collection of utility usage.

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Semtech's LoRa Technology Integrated in Lemonbeat's Utility Metering Solution (Graphic: Business Wire)

"During the development of our lean metering solution, we quickly realized that an innovative combination of our own high-bandwidth radio protocol with LoRa Technology's long range capabilities would be very useful and offer a clear added value," said Oliver van der Mond, CEO of Lemonbeat GmbH. "We combined the best of both worlds using Semtech's LoRa Technology as the logical choice. With Semtech, we have found a leading provider who was able to meet our requirements."

Lemonbeat's LoRa-connected smart meters work by utilizing embedded LoRa-based IoT technology to connect the meter to their own purpose-built receiver units. Using this connectivity, meters send data through multiple floors in bigger buildings or all way in to the street, where network operators conveniently collect the data without having to enter the building. Using the meters' other radio frequency, Lemonbeat Radio, meters provide customers accurate data on their energy consumption. With a third-party application, individuals can view and analyze this data, and change their habits accordingly.

"Lemonbeat's solutions offer a compelling mix of accurate and efficient energy monitoring, with an ease in reading for the utility provider," said Vivek Mohan, Director of IoT in Semtech's Wireless and Sensing Products Group. "These meters are reflective of an industry trend toward ‘lean metering,' in which cost-effective receiver units provide highly detailed data to consumers and providers alike. Semtech's LoRa Technology, with its proven, flexible capabilities, is the ideal platform for IoT solutions."

To learn more about LoRa-enabled metering solutions, visit the Semtech website.

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 Lemonbeat

Dortmund-based Lemonbeat GmbH was founded in October 2015 as a 100% subsidiary of innogy SE - one of the largest utility company in Europe. Our key offering is the IoT Communication Backbone, which is a cross-industry solution helping close the gap between physical products and software applications. As a standardized product, it replaces the in-house development of an individual communication infrastructure and thus saves around 70% of the costs commonly involved in creating and maintaining an IoT application. Every IoT application can be realized with the Lemonbeat technology. Further information can be found at www.lemonbeat.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 "would be," "ideal for," "trend toward," "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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