SEQUANS WINS RED HERRING 100 EUROPE 2007 AWARD
Award Recognizes the 100 “Most Promising” Companies Driving the Future of Technology
PARIS — March 26, 2007 — Sequans announced today that it is a recipient of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
Red Herring’s editorial staff rigorously evaluated more than 700 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
Georges Karam, Sequans CEO, and a core team of engineers from Alcatel and Pacific Broadband with extensive broadband experience founded Sequans three years ago. Demonstrating unprecedented development speed and accuracy, Sequans delivered chips for both fixed and mobile WiMAX™ in record time for both base stations and subscriber stations, becoming the first WiMAX chipmaker to give equipment manufacturers an end-to-end solution as well as industry-leading high performance WiMAX technology.
The most experienced WiMAX semiconductor supplier in the industry having successfully participated in all seven of the WiMAX Forum™ PlugFests, Sequans is today delivering its third generation chip, the SQN1130 mobile station chip, designed to be compliant with IEEE 802.16e Wave 2 standard requirements. The chip features a unique implementation of MIMO (a key component of Wave 2) that is based on a patent-pending low complexity/high performance algorithm that delivers maximum likelihood performance, while minimizing power consumption.
Red Herring’s lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
About Sequans
SEQUANS Communications is a leading supplier of fixed and mobile WiMAX silicon and software based on 802.16 standards. Offering both base station and subscriber station system-on-chips (SoCs) for both fixed and mobile WiMAX ( 802.16-2004 and 802.16e-2005), Sequans offers equipment manufacturers an all-in-one solution with full MAC and PHY functionality, enabling them to build the complete range of WiMAX network components: high-end and pico base stations, outdoor and indoor subscriber terminals, home gateways, and all types of mobile devices. Sequans, along with its other RF partners, provide the most complete WiMAX solution available to system manufacturers today. Sequans ' fixed WiMAX products are WiMAX Forum Certified™ and its mobile WiMAX products are expected to be certified readily when the certification process begins. Sequans is based in Paris, France with US headquarters in Cupertino, California, and additional offices in Israel and Singapore. Please visit www.sequans.com
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Press contacts:
SEQUANS Communications
Kimberly Tassin
+1 206.654.1001
kimberly@sequans.com
