Market Overview

Spectra7 Joins Ethernet Alliance

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Company Intends to Promote Active Copper Interconnects for Current
and Future Data Center Applications

Spectra7 Microsystems Inc. (TSX:SEV) ("Spectra7" or the "Company"), a
leading provider of high-performance analog semiconductor products for
broadband connectivity markets, today announced that it has joined the
Ethernet Alliance, global industry consortium dedicated to the continued
success and advancement of Ethernet technologies.

The rapid increase in demand for bandwidth is pushing Ethernet
technology innovation faster than ever before. As the leading industry
voice for Ethernet, the Ethernet Alliance remains committed to its
global mission of supporting the technology's continued expansion and
multivendor interoperability.

Spectra7's GaugeChangerTM technology is an innovative and
disruptive technology that allows copper to extend much longer lengths
without the cost and power penalty of optics. It works equally well at
25Gbps NRZ and 50Gbps PAM4 supporting Ethernet standards of
25/50/100/200/400 Gbps.

"Ethernet's landscape has evolved to encompass a broad array of rates
ranging up to 400G, the common thread linking all of these together is
Ethernet's uncompromised interoperability," said John D'Ambrosia,
chairman, Ethernet Alliance; "When the Ethernet ecosystem works together
to deliver on this promise of multivendor interoperability, we all win.
We welcome Spectra7 and look forward to its active participation as an
Ethernet Alliance member."

"Cables using our GaugeChangerTM technology offer significant
cost, size and energy consumption value to the Ethernet community," said
Spectra7 CEO Raouf Halim. "We are joining the Ethernet Alliance to help
educate its members and the broader Ethernet community about our active
copper cable solutions. We have already begun engagements with several
new potential customers in the short time we have been members."

About the Ethernet Alliance

The Ethernet Alliance is a global consortium that includes system and
component vendors, industry experts, and university and government
professionals who are committed to the continued success and expansion
of Ethernet technology. The Ethernet Alliance takes Ethernet standards
to market by supporting activities that span from incubation of new
Ethernet technologies to interoperability demonstrations and education.
For more information about the Ethernet Alliance, please visit http://www.ethernetalliance.org

About Spectra7 Microsystems Inc.

Spectra7 Microsystems Inc. is a high-performance analog semiconductor
company delivering unprecedented bandwidth, speed and resolution to
enable disruptive industrial design for leading electronics
manufacturers in virtual reality, augmented reality, mixed reality, data
centers and other connectivity markets. Spectra7 is based in San Jose,
California with design centers in Markham, Ontario, Cork, Ireland, and
Little Rock, Arkansas. For more information, please visit www.spectra7.com.

Cautionary Notes

Certain statements contained in this press release constitute
"forward-looking statements". All statements other than statements of
historical fact contained in this press release, including, without
limitation, those regarding the Company's future financial position and
results of operations, strategy, proposed acquisitions, plans,
objectives, goals and targets, and any statements preceded by, followed
by or that include the words "believe", "expect", "aim", "intend",
"plan", "continue", "will", "may", "would", "anticipate", "estimate",
"forecast", "predict", "project", "seek", "should" or similar
expressions or the negative thereof, are forward-looking statements.
These statements are not historical facts but instead represent only the
Company's expectations, estimates and projections regarding future
events. These statements are not guarantees of future performance and
involve assumptions, risks and uncertainties that are difficult to
predict. Therefore, actual results may differ materially from what is
expressed, implied or forecasted in such forward-looking statements.
Additional factors that could cause actual results, performance or
achievements to differ materially include, but are not limited to the
risk factors discussed in the Company's annual MD&A for the year ended
December 31, 2017. Management provides forward-looking statements
because it believes they provide useful information to investors when
considering their investment objectives and cautions investors not to
place undue reliance on forward-looking information. Consequently, all
of the forward-looking statements made in this press release are
qualified by these cautionary statements and other cautionary statements
or factors contained herein, and there can be no assurance that the
actual results or developments will be realized or, even if
substantially realized, that they will have the expected consequences
to, or effects on, the Company. These forward-looking statements are
made as of the date of this press release and the Company assumes no
obligation to update or revise them to reflect subsequent information,
events or circumstances or otherwise, except as required by law.

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