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Semtech to Sponsor Second-Annual Startup Weekend Ventura County


Entrepreneurs, businesses and engineers to compete to provide solutions to regional healthcare and agriculture challenges using Semtech technology

CAMARILLO, Calif., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced it is the technology sponsor of Startup Weekend Ventura County 2017 at Rancho Campana High School, April 21-23, in Camarillo, Calif.  The event is focused on providing solutions to healthcare and agricultural challenges specific to the region, as well as stimulating the area's startup community.

Semtech to Sponsor Second-Annual Startup Weekend Ventura County
Semtech to Sponsor Second-Annual Startup Weekend Ventura County


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b9227a73-7a4b-4772-840a-a15b95d3f1b2

Semtech, headquartered in Camarillo, will provide participants complete developer kits, featuring its LoRa® Devices and Wireless RF Technology for Internet of Things (IoT) applications, and LinkCharge™ wireless charging systems, as well as onsite engineering assistance during the 54-hour event. In addition, Semtech will award a $15,000 cash prize, mentorship and resources, to a winning company from each category (agriculture and healthcare).

Startup Weekend Ventura County is organized by Camarillo Chamber of Commerce and Dignity Health St. Johns Hospitals. Entrepreneurial agriculturalists and healthcare specialists are invited to team up with engineers and business professionals to address healthcare and agricultural challenges in the area with Smart solutions. Local universities, agricultural and healthcare companies, and trade associations are engaged to ensure solutions are innovative, effective and tailored to the region. Register here: www.startupweekendventuracounty.com

"We are participating in this event for the second year in order to drive next-generation technology solutions for today's real-world challenges," said Mohan Maheswaran, Semtech's President and CEO, and judge of Startup Weekend Ventura County. "Our LoRa Wireless platform and LinkCharge wireless charging solutions are being used globally in the fast growing IoT and mobile device industries, and we see new use cases emerging every day. LoRa is already being used in many smart agriculture, smart health, smart building and smart city applications, and we see an increasing adoption of LoRa for tracking assets, automating meter reading, improving building security, and monitoring gas and water leaks. By providing our expertise and technology to the Ventura County startup community, we aim to bring entrepreneurial ideas from students and startups to fruition to resolve real world challenges for the health and agriculture industries."

About Semtech LoRa Wireless RF Technology

Semtech LoRa Technology is a widely adopted low-power, long-range solution for IoT that gives telecom companies, IoT application makers, and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN™ specification have been deployed in over 50 countries.

About Semtech LinkCharge Wireless Charging

Semtech's LinkCharge wireless charging platform provides a range of solutions to enable wireless power in next-generation products for consumers, infrastructure and industrial applications. It includes the LinkCharge 40 Series, the LinkCharge 20 Series and the LinkCharge CT (counter top), an out-of-box-ready infrastructure wireless charging system for use in public, enterprise and consumer settings. The LinkCharge platform is compatible with the major industry standards ensuring end products can quickly charge any wireless charging-equipped device even as the industry adoption continues to grow and evolve. More information about LinkCharge platform and the rest of Semtech's wireless charging solutions is available at www.semtech.com/wireless-charging.

About Semtech

Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will," "designed to," or other similar words or expressions, that describe Semtech Corporation's or its management's future plans, objectives or goals are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation's annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors." Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo, LoRa, LoRaWAN and LinkCharge are registered trademarks or service marks, or trademarks or service marks, of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.

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The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Contact:

Ronda Grech

Semtech Corporation

(805) 480-2193

rgrech@semtech.com

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Source: Semtech Corporation

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