Sequans and GeoTraq Introduce a New Line of LTE for IoT Cellular Modules

Ultra-small, fully-integrated module with eSim support non-IP data
delivery for a comprehensive solution, establishing a new class of IoT
modules

LAS VEGAS–(BUSINESS WIRE)–LTE for IoT chipmaker Sequans Communications S.A. (NYSE: SQNS) and
GeoTraq, a cellular IoT module manufacturer and network operator
providing global connectivity wrapped into one simple, all-inclusive,
IoT solution, announced today that GeoTraq has adopted Sequans’ Monarch
LTE-M/NB-IoT Platform for a new series of GeoTraq modules targeting LTE
for IoT markets. The new GeoTraq NB-400 series of IoT modules uses
non-IP data delivery (NIDD), which GeoTraq believes offers the fastest,
most secure, and efficient LTE connectivity, in an ultra-small form
factor of 12 by 16 mm that includes connectors for sensor, battery, and
antenna, resulting in the industry’s most comprehensive module for
worldwide use. The new GeoTraq modules also include the latest in
LTE-based, low power positioning technology, delivering highly accurate
indoor and outdoor positioning using only the LTE radio, thereby
eliminating the cost and complexity of having to add GNSS or other
radios.

“We chose Sequans, the leader in LTE for IoT chips, and the Monarch
solution for our NB-400 series of modules, because of Sequans’ proven
success in the marketplace, and ability to deliver our required
combination of small form factor, low cost, low power consumption, and
seamless global coverage,” said Gregg Sullivan, chief executive officer,
GeoTraq. “As a company focused on delivering ROI to our customers
through simple cellular IoT solutions that can be deployed with seamless
global coverage for one low price, we found what we were looking for in
Sequans’ Monarch technology.”

The GeoTraq NB-400 series of modules is designed on the same principles
as GeoTraq’s G-200 GSM Cell ID module that is efficiently designed with
an ultra small form factor, a price affordable enough to be disposable,
battery optimization for 10+ years of battery life, and tier 1 global
cellular coverage in 193+ countries. GeoTraq’s patent-pending technology
allows for global non-IP data delivery over the control channel,
providing the most efficient design, extremely secure data delivery, and
speeds 7x faster than SMS.

“GeoTraq is delivering the creative solutions the IoT industry needs,”
said Danny Kedar, VP of Sequans’ IoT business unit. “GeoTraq’s NB-400
modules offer a low-cost solution with a data plan that is ideally
suited for sensor-based applications.”

For the first NB-400 module, GeoTraq is using Sequans Monarch
SiP
, which is the world’s most highly-optimized LTE-M/NB-IoT chip
combined with the universal radio front end of Skyworks. Monarch
provides full support for power saving mode (PSM) and extended
discontinuous reception (eDRX) to enable the long battery life needed by
many IoT use cases, and it provides the enhanced coverage modes that
extend coverage for deep-indoor and remote deployments. For LTE
positioning, Monarch incorporates the positioning technology of Polte
for accurate, low power indoor and outdoor positioning capability using
only the LTE radio. Monarch delivers programmable RF filtering for
global band support in a Single-SKU™, and proprietary dynamic power
management technology enabling rock bottom low power consumption of 1
micro amp. Monarch is certified by operators worldwide.

GeoTraq expects the modules will be available for testing in Q2 and
samples of the first GeoTraq NB-400 module will be on display at CES in
Sequans’ meeting room, Toscana 3603 at the Venetian Sands Convention
Center. Please contact events@sequans.com
to schedule a meeting with Sequans.

Forward
Looking Statements

About GeoTraq

GeoTraq is a cellular IoT module manufacturer and network operator that
is committed to creating real ROI’s for customers through simple
cellular IoT modules that are quick to deploy, easy to maintain, and
provide the right data, at the right time. Intelligently designed
integrated modules, that provide “service in a module”, customers get
form factors smaller than a penny, cellular power saving mode, and
non-IP Data delivery over Tier-1 cellular connectivity across 193
countries, delivering ubiquitous global coverage. Leveraging existing
network infrastructure, and understanding the basic needs of IoT
communications, GeoTraq has created a low power, long range, cost
competitive communications solution. Visit GeoTraq online at www.GeoTraq.com.

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and leading
provider of single-mode LTE chipset solutions to wireless device
manufacturers worldwide. Founded in 2003, Sequans has developed and
delivered six generations of 4G technology and its chips are certified
and shipping in 4G networks, both LTE and WiMAX, around the world.
Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized
for feature-rich mobile computing and home/portable router devices, and
StreamliteLTE™, optimized for M2M devices and other connected devices
for the Internet of Things. Sequans is based in Paris, France with
additional offices in the United States, United Kingdom, Israel, Hong
Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans
online at www.sequans.com

Contacts

Sequans contacts:
Media relations: Kimberly Tassin (USA),
+1.425.736.0569, kimberly@sequans.com
Investor
relations: Claudia Gatlin (USA), +1 212.830.9080, claudia@sequans.com

GeoTraq contact:
Tiffani Neilson (USA), +1.702.757.4080; tneilson@geotraq.com

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