[June 19, 2019]

Puloli Taps Sequans and Pycom To Launch World's First Private NB-IoT Network for Critical Infrastructure Industries

Sequans Communications S.A. (NYSE: SQNS) announced that Puloli, Inc., a provider of wide area IoT network connectivity services, has adopted Sequans' Monarch technology and Pycom's Monarch-based GPy module to provide NB-IoT connectivity to critical infrastructure industries. Puloli is providing full turnkey private IoT Network as a Service (NaaS) to its customers and is using Sequans and Pycom technology to connect the end user devices running on its network. Puloli's network operates on a wide range of frequency bands, including licensed upper 700 MHz A-block spectrum. Puloli's end-to-end solution benefits from the flexibility of Sequans' Monarch technology to customize a band plan specific to this spectrum. The Puloli network is now live in northern Florida in partnership with a leading utility service provider in the region. Puloli's network elements and devices have been granted certification by the FCC (News - Alert).

"We chose Sequans and Pycom technology because Sequans' Monarch is a world-leading mobile IoT connectivity solution with proven performance and security and because Pycom's GPy module is easily integrated into end user devices and open to third party applications," said Kethees Ketheesan, CEO of Puloli. "Flexibility of Sequans' Monarch platform enabled us to customize NB-IoT over the upper 700 MHz A-block. The open environment of the Pycom GPy module made it easy to program and as a result Puloli was able to very quickly have devices on our network up and running."

"Puloli is addressing a very powerful trend in the US utility market and is enabling municipalities and utilities to provide smart energy services and develop new business models, benefitting utilities and their customers," said Georges Karam, Sequans CEO. "The results of our work with Puloli and Pycom are now visible and we are very excited to see Puloli's ground-breaking network operational."

Together with Select Spectrum (News - Alert), a spectrum rights consulting company, and its utility partner in northern Florida, Puloli has launched the world's first-ever, stand-alone, private NB-IoT network for a critical infrastructure industry. Remote Units based on Sequans/Pycom modules are being deployed to support various applications. At the UTC Telecom & Technology conference taking place this week in Fort Worth, Texas, Puloli and Select Spectrum are presenting details about the new network and the services offered, and will showcase the first FCC-certified product for this spectrum based on the Sequans-Pycom platform.

"The 20 utilities and other critical infrastructure companies that have already purchased upper 700 MHz A-Block licenses did so based on the availability of a range of industrial grade, high capacity and highly reliable radios," said Robert Finch, president of Select Spectrum. "The addition of the NB-IoT low cost, long range, low power devices based on the Sequans-Pycom platform allows these license holders, and other similar companies, to consider additional applications for these frequencies."

"For smart energy, Deloitte (News - Alert) predicts a 'period of transformation and profound change driven by technological and competitive forces' and we can now see that starting to happen in our customer base," said Fred de Haro, Pycom CEO. "We're delighted that NB-IoT is gaining such momentum and that Puloli has chosen to work with Pycom and Sequans. It's the first large-scale test case for Pycom's utilities vertical using NB-IoT network technology and it's exciting to be part of that journey."

Pycom's GPy was the first and is still the only IoT development platform that combines LTE (News - Alert)-M and NB-IoT connectivity with MicroPython in one device. It is the perfect enterprise grade platform for connecting things to the Internet and offers a path to scale with a variety of easy-to-integrate OEM modules. Sequans' Monarch is fully integrated into Pycom's GPy module with a complete LTE software stack that is qualified for eNodeBs. Monarch is the world's most highly optimized LTE-M/NB-IoT Platform, offering ultra-low power consumption for long battery life, accurate indoor and outdoor positioning, and global deployment capability in a Single-SKU™. Monarch is certified by operators worldwide.

The project with Puloli was undertaken by Sequans as part of its "Custom Technology Solutions (News - Alert)" initiative where Sequans experts have addressed unusual communications challenges. In addition to this project with Puloli addressing utility markets, Sequans has also adapted its technology for other markets, including aviation, transportation, public safety, and satellite. For more information see CustomTech.

Forward Looking Statements

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and leading provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide. Founded in 2003, Sequans has developed and delivered six generations of 4G technology and its chips are certified and shipping in 4G networks, both LTE and WiMAX, around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature-rich mobile computing and home/portable router devices, and StreamliteLTE™, optimized for M2M devices and other connected devices for the Internet of Things. 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, www.facebook.com/sequans, www.twitter.com/sequans

About Puloli

Puloli is an IoT Network-as-a-Service (NaaS) company providing private IoT network solutions. Using a software-defined end-to-end network, Puloli offers full turnkey IoT connectivity solutions. Puloli's target customers are enterprises, critical infrastructure industries, and other verticals in need of a full turnkey private IoT solution. Puloli's solutions support a wide range of frequency bands with the ability to customize channelization schemes and band plans to take advantage of unique and non-traditional spectrum availability. Puloli's end-to-end system integration makes it a leading one-stop full turnkey service provider for the private IoT industry. Founded in 2016, Puloli is based in San Francisco, California. For more information, visit www.puloli.com or email [email protected].

About Select Spectrum

Select Spectrum provides a wide range of marketing, consulting and analytic services to buyers and sellers of spectrum rights. The company offers licenses across 19 different FCC radio service types including narrowband, wideband and broadband frequencies from 150 MHz to 40.0 GHz. https://selectspectrum.com

About Pycom

Pycom is a global Internet of Things technology company with a vision to give all connected ideas an opportunity to succeed. The company has pioneered an innovative and highly scalable IoT platform - a unique suite of hardware and software products that connect developers, enterprises and consumers. This creates an ecosystem between connectable things that removes barriers and reduces time to market for everyone. Since its launch in 2015, Pycom has attracted more than 30,000 customers in 87 countries and has gathered more than 340,000 developers to its global community as it helps everyone GOINVENT attractive solutions for the Internet of Things. Visit Pycom online at www.pycom.io, on twitter with @pycomiot or linkedin with www.linkedin.com/company/pycom

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