Market Overview

Semtech's LoRa Technology Creates Smarter Streets in India


Ahoy Systems smart street light solutions offer ultra-low power
capabilities to save cities on utility costs

 (NASDAQ:SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms,
announced that Ahoy
, an electronic design house and OEM for several smart city
devices, incorporated Semtech's LoRa® devices
and wireless radio frequency technology
(LoRa Technology) into
its smart street-lighting products.

This press release features multimedia. View the full release here:

Semtech and Ahoy Systems (Graphic: Business Wire)

Semtech and Ahoy Systems (Graphic: Business Wire)

"Our smart street lights are built to ensure city efficiency and
sustainability, without compromising the safety of streets for
pedestrians and drivers. Smart cities leverage our smart lights to
reduce their energy footprint and cut down on maintenance costs," said
Neel Maharaj, CEO at Ahoy Systems. "Semtech's LoRa Technology provides
the ideal IoT platform for cities to drastically reduce their
electricity costs without compromising infrastructure quality and
community services."

Ahoy Systems provides smart
street lighting solutions
for municipalities, network operators, LED
companies, residential managers, and parking lots. The LoRa-enabled
street lights offer "ultra-low" electricity consumption that pays
for itself in less than four years
, important as electricity
consumption by street lights constitutes a huge portion of an average
city's budget. Ahoy Systems smart street lighting solution is easily
incorporated into preexisting LED streetlamp infrastructure, offering a
low deployment cost. The smart streetlamps automatically dim according
to programmable schedules, detect moonlight and dim accordingly, and can
send automated messages to managers upon malfunction detection.

"With Semtech's LoRa Technology and smart city IoT networking, Ahoy
Systems can offer street light solutions that increase energy efficiency
and reduce city operating costs. LoRa solutions are easy to implement
into existing infrastructure and allow smart monitoring of the grid over
a LoRaWAN network," said Vivek Mohan, Director of IoT, Wireless and
Sensing Products Group at Semtech. "With hundreds of global cities
adopting LoRa Technology for smart city solutions, it's clear the
technology is the ideal IoT platform for smart cities to create a
smarter planet while enhancing community services."

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
 and join the LoRa
 to access free training as well as an online industry
catalog showcasing the products you need for building your ideal IoT

About Ahoy Systems

Ahoy systems is focused on smart cities, LoRaWAN, and e-surveillance
systems to improve operational efficiency of companies, cities and
countries in a short time and with the lowest costs. To learn more about
how Ahoy Systems can make your city smarter, visit the website.

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

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical
fact, including statements that use the words "will," "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 (
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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