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A service for technology industry professionals · Thursday, April 26, 2018 · 444,179,653 Articles · 3+ Million Readers

Semtech Announces Technology Sponsorship of Startups Ventura County

Participants to build compelling Internet of Things (IoT) solutions for healthcare and agriculture applications in hackathon-style 54-hour event

/EIN News/ -- CAMARILLO, Calif., March 22, 2018 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today announced its technology sponsorship of Startups Ventura County at Rancho Campana High School in Camarillo, Calif. on Apr. 20-22.

Semtech Sponsors Startups Ventura County
Semtech sponsors Startups Ventura County


Semtech plans to award a cash prize totaling $15,000 to winners using its LoRa® devices and wireless radio frequency technology (LoRa Technology) in three categories: 1) the grand prize, 2) LoRa-based healthcare application and 3) LoRa-based smart agriculture application. Startups 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 create smart Internet of Things (IoT) solutions for the challenges facing these industries. Local universities and trade associations are also engaged with the agricultural and healthcare companies to ensure solutions are innovative, effective and tailored to the region.

“Semtech has consecutively sponsored this event for three years to drive innovation and creativity in the IoT industry,” said Mohan Maheswaran, Semtech’s President and CEO. “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 agriculture and health industries.”

Register here: http://startupsventuracounty.com/the-competition/.

About Semtech’s LoRa® Devices and Wireless RF Technology
Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power 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 45 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low Power Wide Area Network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site and join the LoRa Community to access free training as well as an online industry catalog showcasing the products you need for building your ideal IoT application.

About Semtech
Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms 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 “plans,” “should,” “make possible,” “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 and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.

SMTC-P

Ronda Grech
Semtech Corporation
(805) 250-1263
rgrech@semtech.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/09eae3f7-ec10-4a4e-ab1e-87dd24abc8fa

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

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