Sequans’ Monarch LTE-M Chip Successfully Completes Interoperability Testing with NTT DOCOMO

PARIS–(BUSINESS WIRE)–#NTTDocomo–Sequans Communications S.A. (NYSE: SQNS) announced successful completion
of interoperability testing of its Monarch LTE-M chip with NTT DOCOMO,
Inc., Japan’s largest mobile operator. Monarch is the world’s most
advanced LTE-M chip solution, providing the ultra-low power consumption
and enhanced coverage capabilities necessary to ensure successful IoT
business cases. Monarch is currently being used in IoT devices that will
soon launch on NTT DOCOMO’s LTE-M network.

“IoT is growing rapidly in Japan and we are pleased to have the support
of Sequans as we extend our network capabilities to LTE-M,” said
Toshiyuki Futakata, general manager of NTT DOCOMO’s Communication Device
Development Department, Radio Access Technology Group. “Our IoT
customers will benefit greatly from the cost and power efficiencies
enabled by Sequans’ Monarch technology.”

According to Statista, the number of IoT devices deployed in Japan is
projected to reach 1 billion by 2020, contributing to US$ 176 billion in
market revenue.

“We are committed to accelerating the development of LTE for IoT in
Japan and intend to fully support NTT DOCOMO in its network strategy,”
said Georges Karam, Sequans CEO. “Reaching this important milestone with
DOCOMO follows months of stringent testing and highlights the global
reach of Monarch, which is now approved for use by operators in Japan,
Australia, Europe, and USA.”

Sequans’ Monarch
is the world’s most highly optimized LTE-M/NB-IoT chip platform. It
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. Monarch
comprises baseband, RF, power management, and RAM in a single package.
Monarch also supports advanced features such as programmable RF
filtering for global band support in a Single-SKU™, and proprietary
dynamic power management technology, enabling industry-leading, rock
bottom low power consumption of 1 micro amp.

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a leading provider of
single-mode 4G LTE semiconductor solutions for the Internet of Things
(IoT) and a wide range of broadband data devices. Founded in 2003,
Sequans has developed and delivered seven generations of 4G technology
and its chips are certified and shipping in 4G networks around the
world. Today, Sequans offers two LTE product lines: StreamrichLTE™,
optimized for broadband devices, including CPE, mobile and portable
routers, and high-performance IoT devices; and StreamliteLTE™, optimized
for lower data rate and narrowband IoT devices, including wearables,
trackers, and sensors. 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

Media relations: Kimberly Tassin, +1.425.736.0569, Kimberly@sequans.com
Investor
relations: Claudia Gatlin, +1 212.830.9080, claudia@sequans.com

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