PARIS, France – August 22, 2011 – 4G chipmaker Sequans Communications S.A. (NYSE: SQNS) has entered into an exclusive licensing agreement with NetComm Limited (ASX: NTC) to supply an advanced semiconductor solution for TD-LTE connectivity.
NetComm, a leading provider of high performance broadband communications devices, selected Sequans to provide the TDD-LTE semiconductor technology required for the development of LTE access devices designed to support the rise in LTE TDD operator trials, commitments and deployments.
NetComm recently announced that it was selected to provide LTE devices for a major national LTE network in Australia.
The agreement comes as a growing number of TD-SCDMA and WiMAX networks evolve towards TD-LTE, offering consumers and businesses significantly increased peak data rates and throughput; low latency; extended coverage and improved cell edge data rates.
“We are very pleased to collaborate with NetComm on delivering high performance 4G wireless devices to consumers,” said Georges Karam, Sequans CEO. “Our LTE chipsets are designed to provide super high speed LTE connectivity with very high efficiency.”
“We selected Sequans’ LTE chips because Sequans has a wealth of experience in TDD-LTE technology and solutions,” said David Stewart, Managing Director, NetComm. “Sequans has conducted in-depth LTE interoperability testing with leading LTE equipment suppliers, and we welcome this partnership.”
NetComm designed and built LTE devices are based on Sequans’ SQN3000 series 3GPP R8 compliant LTE technology that supports up to 100 megabits per second of throughput.
About Sequans Communications
Sequans Communications S,A. (NYSE: SQNS) is a 4G chipmaker, supplying LTE and WiMAX chips to original equipment manufacturers and original design manufacturers worldwide. Founded in 2003 to address the WiMAX market, the company expanded in early 2009 to address the LTE market. Sequans is based in Paris, France with additional offices throughout the world, including United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, and China.
SOURCE: Sequans Communications S.A.
Media Relations: Kimberly Tassin, +1.425.736.0569, Kimberly@sequans.com
Investor Relations: Claudia Gatlin, +1 212.830.9080, Claudia@sequans.com