Market Overview

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

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

Semtech
Corporation
 (NASDAQ:SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms,
announced that X-TELIA,
a 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.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180802005233/en/

Semtech and X-TELIA (Graphic: Business Wire)

Semtech and X-TELIA (Graphic: Business Wire)

"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.

SMTC-P

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