Polymer Logistics and Sequans Collaborate on LTE-M Smart IoT Tracker for Pallet Tracking Now Available and Approved for Use on USA Networks

LAS VEGAS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Lteforiot?src=hash” target=”_blank”gt;#Lteforiotlt;/agt;–Sequans Communications S.A. (NYSE: SQNS), leading LTE for IoT chipmaker,
and Polymer Logistics, a global leading provider of “One-Touch / Retail
Ready” Packaging (RRP) and pooling services solutions to retailers
worldwide, announced the availability of the Polymer Logistics Smart
IoT Tracker,
now approved for use on the LTE-M network of Verizon
Wireless, and pending approval by other operators. The Smart IoT Tracker
is tailored for use on Polymer’s CleanPal pallets and can also be used
as a standalone tracking device for other IoT applications. The new
device will be on display at CES 2019.


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Wireless Open Development Device Showcase.

“The Polymer Logistics Smart IoT Tracker is indeed a very smart device,”
said Danny Kedar, VP of Sequans’ IoT business unit. “It is designed with
careful attention to the needs of pallet-tracking applications, such as
temperature and location monitoring. According to industry analysts, the
addressable market for the mobile tracking of pallets numbers in the
billions of units, representing a very real opportunity, and we are
pleased to work with Polymer Logistics in getting this excellent pallet
tracker to market.”

The Polymer Logistics Smart IoT Tracker is designed for the tracking and
monitoring of logistical assets and is tailored specifically to fit onto
Polymer Logistics’ CleanPal pallets. In addition to the LTE-M
connectivity provided by Sequans’ Monarch platform, the device includes
a temperature sensor, an accelerometer, and network-based geolocation.
The Smart IoT Tracker fits securely between the standard slats of a
pallet without any overhang so that forklifts cannot damage it. It uses
standard AA batteries, eliminating the fire risk of lithium ion
batteries. The Smart IoT Tracker is in an IP66 enclosure, making it safe
from extreme weather conditions, powerful seas, or jets of water. It
does not have to be removed from pallets prior to washing.

“We chose Sequans’ Monarch Platform for the LTE connectivity for our new
Smart IoT Tracker, because Monarch is one of the most mature, reliable,
and power-efficient LTE-M connectivity solutions in the industry,” said
Ohad Perry, CTO, Polymer Logistics. “Sequans also made it easy for us to
bring this product to market because their total solution approach to
IoT includes not just the hardware, but also the necessary software to
reduce the complexity of IoT device development.”

Polymer Logistics Smart IoT Tracker is powered by Sequans Monarch
LTE-M/NB-IoT Platform. 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 enhanced
coverage modes, including a +23dB power amplifier, 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. www.sequans.com.

The Polymer Logistics Smart IoT Tracker will be on display at Sequans’
meeting room at CES 2019, January 8-11, at the Venetian Sands Convention
Center. Please contact events@sequans.com
to schedule a time to see it.

Forward
looking statements

About Polymer Logistics

Polymer Logistics is a global leader in Retail-Ready Packaging (RRP).
Founded in 1994 Polymer Logistics provides world-class plastic container
and pallet pooling services while working closely with manufacturers,
suppliers/packers and retailers alike to ensure cost-effective logistics
solutions and maximum in-store product availability. Aligned with the
pooling services is the innovative design and manufacturing capability.
Polymer’s extensive range of returnable transport, storage and display
products includes collapsible bins, folding, nestable and stackable
crates, together with reusable dollies and pallets. These offer
substantial costs benefits, environmentally friendly and are robust
enough to withstand the rigorous demands of retail supply chain
logistics for many years. www.polymerlogistics.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.comwww.facebook.com/sequanswww.twitter.com/sequans

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

Polymer Logistics contact:
Hadas Genut (Israel), +972-73-2611101, Hadas.Genut@polymerlogistics.com

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