Semtech Corporation

07/11/2019 | Press release | Distributed by Public on 07/11/2019 06:11

Semtech’s LoRa® Devices Successfully Deployed in HWM’s Water Meter Solutions

Hangzhou Water Meter Co., Ltd. remotely monitors the management of public utilities to improve operations

CAMARILLO, Calif., July 11, 2019 - Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that a comprehensive intelligent water service provider, Hangzhou Water Meter Co. (HWM), Ltd. has incorporated Semtech's LoRa® devices and the LoRaWAN® protocol into its smart water metering solutions enabling public utility companies to improve efficiency and reduce management costs.

'Semtech's LoRa devices is an ideal IoT platform for smarter metering with its easy to deploy, long range and flexible capabilities,' said Jian Liu, General Manager of Hangzhou Water Meter Co., Ltd. 'Our LoRa-based water metering solution allows our water supply customers to reduce operating costs, improve the efficiency of meter reading management and save water resources.'

By the end of 2019, HWM's LoRa-based water metering solution will be deployed in 72 residential districts in Hangzhou. It is expected to deploy 80 gateway devices and tens of thousands of intelligent water meter terminals. Currently, hundreds of thousands of LoRa-based water metering solutions by HWM have been deployed in Zhejiang, Anhui, Hunan, Sichuan, and other regions of China to help water supply customers transform to intelligent public utilities management.

Based on the LoRaWAN protocol and architecture, HWM's remote water metering solution combines IoT smart metering and gateways. The LoRa-enabled water meter can access a LoRaWAN-based network to communicate, data transmit and provide alerts. With the low power consumption, long range, high success rate LoRaWAN-based water meter solution, HWM helps end customers reduce costs and achieve smart, high efficiency public utilities management.

'Semtech's LoRa devices is the DNA (devices, networks and applications) of IoT and its long range, low power capabilities are advantages in the utilities industries,' said Marc Pegulu, Vice President of IoT for Semtech's Wireless and Sensing Products Group. 'LoRa is an established leader in the smart metering industry, creating scalable, secure and reliable solutions to help our customers deliver more efficient metering solutions to reduce waste and utility spending.'

Learn more about Semtech's LoRa devices and the LoRaWAN protocol here.

About Semtech's LoRa® Devices

Semtech's LoRa devices 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 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.

About HWM

Hangzhou Water Meter Co., Ltd (HWM) is an influential water meter manufacturer in China, who focuses on smart water utility equipment design, research, and manufacture. HWM got hundreds of proprietary intellectual property rights. French Vivendi Company and more than 500 water supply companies in China had used HWM products. Currently, HWM is working on water utility informatization, turn to smart utility comprehensive and smart management.

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 'will,' 'ideal for,' creating,' '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, LoRa, and LoRaWAN are registered trademarks or service marks of Semtech Corporation or its affiliates.

SMTC-P

###