Sequans Launches LTE Program

CHICAGO, 4G WORLD, booth 423 — September 15, 2009 — Sequans Communications, the world’s leading WiMAX chipmaker, made public today its move into LTE and details of the LTE development program it launched earlier this year. Sequans has been preparing for this move as part of its long-term growth strategy and has been steadily adding resources and headcount to support it. Sequans intends to develop products for both the LTE and WiMAX markets in parallel.

“Our success in WiMAX has enabled us to expand naturally into LTE and we are ready to meet the needs of LTE equipment manufacturers with outstanding silicon and software solutions, building upon our significant experience with WiMAX operators and OEMs.” said Georges Karam, Sequans CEO. “We have assigned a number of our key engineers to the LTE program and have hired others with deep experience in cellular technology who have successfully developed LTE components that meet 3GPP specifications. Our LTE team will leverage our proven development methodology to deliver world-class LTE chips to this important market.

“Our WiMAX development will continue unabated and we are looking forward to a very strong 2010 where our new generation 65nm SQN1200 family, the most highly integrated Mobile WiMAX semiconductor solutions in the industry, will gain an even stronger foothold in the market. We see WiMAX deployments ramping up sharply and expect that demand for our differentiated solutions will increase accordingly. Operators in Japan, USA, India, Russia, Malaysia and Taiwan, to name a few, will add millions of subscribers in 2010 and Sequans is ready to meet this demand. We have established sure momentum and expect our WiMAX shipments in 2010 to at least triple,” said Karam.

Sequans expects to continue adding resources to its LTE organization this year and will demonstrate its first LTE solutions beginning early 2010, in support of pre-commercial operator trials.

About Sequans Communications

Sequans Communications is a 4G chipmaker and the world’s leading WiMAX chipmaker. Sequans has products that are WiMAX Forum Certified™ for both fixed and Mobile WiMAX, for both base station and subscriber station technology, and is the first and only WiMAX chipmaker to achieve this distinction. Sequans’ new generation 1200 series of Mobile WiMAX chips are the industry’s most highly integrated solutions, integrating baseband and triple band RF in a single 65 nm die. Sequans delivers ultra high throughput with ultra low power consumption and 2Tx for uplink MIMO, a feature unique to Sequans that can nearly double cell coverage. www.sequans.com