Sequans Announces Availability of New LTE IoT Module Designed Specifically For Use on Sprint Curiosity™ IoT

Positioning Universal Launches Automotive Tracker as Sequans’
First Customer

PARIS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/assettracking?src=hash” target=”_blank”gt;#assettrackinglt;/agt;–Sequans Communications S.A. (NYSE: SQNS) announced the certification and
commercial availability of Sequans’ SP150Q LTE Cat 1 module, designed to
operate on Sprint’s (NYSE: S) Curiosity™ IoT dedicated core network and
operating system – engineered to generate immediate business
intelligence from connected devices. Positioning Universal (PUI) is the
first customer to adopt the module and has recently launched the FJ1000
automotive tracker.


“We are excited to report the early success of our collaboration with
Sprint to bring the innovative PUI telematics device to market on
Sprint’s Curiosity™ IoT,” said Georges Karam, Sequans CEO. “Sprint is
quickly adding customers to its dedicated IoT network and operating
system, which are designed to create the most optimal operating
environment for connected devices. We are pleased to be a part of their
aggressive IoT strategy which has enabled PUI to launch their telematics
devices in record time.”

“Sequans’ SP150Q module demonstrated its robust capabilities and
seamless integration into Curiosity™ IoT during certification testing
and it passed easily without a single issue reported,” said Ivo Rook,
senior vice president, IoT and product development at Sprint. “Sequans
has successfully proven its vast experience in LTE for IoT, while also
providing great support as we onboard new customers and awaken
real-world use cases that leverage the power of Curiosity™ IoT’s
dedicated, virtualized and distributed core, coupled with an operating
system that changes the way IoT is managed and secured.”

“Sprint and Sequans have followed through on their LTE IoT commitment
and simplified the process for us to bring our new LTE automotive
tracker to market on Sprint,” said Mark Wells, CEO, PUI. “The Sequans’
module was easy to integrate into our device – both hardware and
software – and we were able to launch it fairly swiftly.”

Positioning Universal’s FJ1000 Series LTE Automotive Tracker is a
power-efficient LTE and GPS wireless modem that transmits important data
such as status information, ignition events, and trip activity. Trip
position locations are provided every 5-seconds for precise route lines,
and status information is reported for heartbeats, boot events, GPS
status, and acceleration-based events.

The PUI device is based on Sequans’ SP150Q
LTE Cat 1 module that comprises Sequans’ Calliope LTE Cat 1 chip
platform and all other elements necessary for a complete LTE modem
system, including an LTE-optimized transceiver, a complete triple-band
RF front end for Sprint LTE bands 12, 25/2, 26/5, and key interfaces,
including USB 2.0 host and device, SDIO 3.0 host, USIM, HS-UART. SP150Q
can seamlessly connect to a GNSS solution for asset and IoT device
tracking. The SP150Q is pin-to-pin compatible with all Sequans’ Q-series
modules, enabling single platform support for multiple LTE categories,
including LTE Cat 4, LTE Cat 1, and LTE Cat M1/NB1.

The SP150Q module is now in full production and certified for operation
on Sprint, including Sprint roaming partners.

Forward
Looking Statements

About Sprint:

Sprint (NYSE: S) is a communications services company that creates more
and better ways to connect its customers to the things they care about
most. Sprint served 54.5 million connections as of March 31, 2019 and is
widely recognized for developing, engineering and deploying innovative
technologies, including the first wireless 4G service from a national
carrier in the United States; leading no-contract brands including
Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant
national and international push-to-talk capabilities; and a global Tier
1 Internet backbone. Today, Sprint’s legacy of innovation and service
continues with an increased investment to dramatically improve coverage,
reliability, and speed across its nationwide network and commitment to
launching a 5G mobile network in the U.S. You can learn more and visit
Sprint at www.sprint.com
or www.facebook.com/sprint
and www.twitter.com/sprint.

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. 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
Sophia-Antipolis, France, and 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
Media relations: Kimberly Tassin (USA), +1.425.736.0569, [email protected]
Investor
relations: Claudia Gatlin (USA), +1 212.830.9080, [email protected]

Sprint:
Media Relations: Justine Fauci, 913.827.0200, [email protected]

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