Semtech and WITRAC Provide Cold Chain Control for Maritime Corridor With LoRaWAN®

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CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that WITRAC, a company developing solutions with real-time location and telemetry capabilities, has integrated the LoRaWAN® protocol and LoRa® 2.4GHz into its global track and trace platform to provide customers with full control and traceability of assets in the supply chain. “Our customers and their stakeholders have the ability to guarantee delivery times and maintain appropriate temperature conditions of fresh food transport inside refrigeration units throughout the entire cold chain by leveraging the long range, low power capabilities of LoRaWAN networks and the global reach of LoRa 2.4GHz.” A partnership of Boluda Corporación Marítima, a leading global maritime services provider, has selected WITRAC’s platform to monitor and ensure quality of cold chain transport in real-time (24 hours) for Boluda’s new Daily Canarias line, providing the citizens of the Canary Islands with the first daily transportation of goods from the peninsula. Able to identify, locate, measure, and control wirelessly and in real time, any asset, anywhere, WITRAC fabricates its own hardware and software based on the IoT and AI technology, in order to satisfy the industrys tracing needs. Its digitalization and automatization solutions combine multiple connectivity devices and protocols with a management platform, in order to generate data and transform it into useful information and valuable insights. 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.

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