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From: FUBHO9/29/2017 2:10:46 PM
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Interview: Sequans

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To: FUBHO who wrote (1122)9/29/2017 2:13:08 PM
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Mobile World Congress Americas 2017 Recap
September 28, 2017

Sequans at Mobile World Congress Americas – Monarch LIVE!

The subject of LTE for IoT was top of mind at Mobile World Congress in San Francisco and we at Sequans were thrilled to talk with the constant stream of visitors to our booth about our progress and show off new Sequans-powered LTE for IoT devices. Our Monarch LTE-M/NB-IoT Platform was operating live in a demo of a new IoT tracker product and new Monarch-powered devices were announced and on display in our display case that was overflowing with new devices.

Meet CLOE — Connecting and Locating Objects Everywhere

Sequans conducted a live demo of CLOE, a new IoT tracker solution combining the technologies of Sequans and ST Microelectronics that made its debut at Mobile World Congress Americas.

CLOE is nimble, quick, and so efficient that she makes connecting IoT objects delightfully easy. CLOE integrates Sequans’ market-leading LTE-M chip, Monarch, with ST’s market-leading GNSS chip, Teseo III, for an IoT tracker platform like no other. With capabilities including the ultra low power consumption of Sequans’ Monarch and the industry-leading GNSS accuracy and fastest time-to-first-fix of ST’s Teseo III, CLOE enables the development of ultra reliable and accurate IoT trackers while simplifying their development.

CLOE reduces time to market significantly and allows device makers to address the full range of vertical markets, including logistics, consumer electronics, and automotive. It is a turnkey cellular tracker solution for OEMs and ODMs anywhere in the world.


GSMA’s Mobile IoT Summit

At GSMA’s 5th Mobile IoT Summit, held in conjunction with Mobile World Congress Americas, CEO Georges Karam delivered a keynote presentation to a packed house where he described the latest developments in LTE for IoT chip technology embodied in Sequans’ Monarch LTE-M/NB-IoT Platform.

He explained how Monarch was purpose-built for IoT and how the new technologies are enabling the IoT to grow from connecting millions of objects to billions of objects in what will soon become the massive IoT. For example, the advanced technologies of Monarch enable rock bottom power consumption of 1 uA (an industry leading achievement), fast and adaptive boot, wake-up and sleep times, and dynamic power management for smart use of idle, eDRX, and PSM. All of this together enables the ultra long battery life required for the most in-demand IoT applications: wearables, trackers, and meters.

Karam also discussed how easy it is to integrate Monarch in new IoT devices because Monarch enables a single hardware design to be used anywhere in the world, is at the heart of pre-certified modules now available from Sequans’ stellar list of module partners, provides native support of Cloud services, and is at the heart of application-specific platforms, such as the CLOE IoT tracker platform, and Sequans’ Monarch SX Platform for wearables.

New Monarch-based IoT Tracker Devices From Leading Manufacturers Sercomm, Wisol, and Nimbelink Debut

Among the many new LTE for IoT devices powered by Sequans and on display in Sequans’ booth at Mobile World Congress were three new ones from Sercomm, Wisol and Nimbelink. All three of these have introduced IoT trackers based on Sequans’ Monarch LTE-M/NB-IoT Platform.

Sercomm has introduced SavTrack, a GPS-equipped personal tracker in a compact design that easily fits in a bag or a pocket. SavTrack can be used to track people, pets, and assets and includes a unique “SOS” button that when pressed instantly reports a user’s location, making it an ideal solution for youth/senior safety. Wisol has introduced the uWhere IoT tracker that combines Monarch with Bluetooth, GPS, WiFi, and an accelerometer for tracking assets, logistics, and people. Nimbelink has introduced the Nimbelink LTE Cat M1 asset tracker for tracking and managing remote assets in a solution that can be configured by OEMs to optimize supply chains or mitigate loss of assets.


New Automotive Trackers from Geotab and Positioning Universal Debut on US Networks

Asset trackers in general and automotive trackers in particular are taking off as new vehicle tracking solutions launch on US networks.

Powered by Sequans’ Calliope LTE Cat 1 (10 Mbps DL and 5 Mbps UL), Geotab has introduced the GO8 Telematics Device, and Positioning Universal (PUI) has introduced the FJ1000 Series LTE Automotive Tracker. Geotab’s GO8 is an open-platform telematics solution for fleet management that was unveiled at Mobile World Congress and is now offered as part of a major US operator’s fleet management product offerings.

The GO8 plugs into a vehicle’s OBDII port and delivers a comprehensive set of telematics features including GPS, g-force monitoring, accurate engine diagnostics, accident detection and notification, near real-time vehicle data, fast GPS acquisition time, auto-calibrating accelerometer performance, and end-to-end security.

PUI’s new automotive tracker is a power-efficient LTE and GPS wireless modem that transmits important GPS data, such as status information, ignition events, and trip activity with trip locations provided for up to 5-second locations for precise route lines. Status information is reported for heartbeats, boot events, GPS status, acceleration events and more. The new PUI tracker includes an optional backup battery system that enables the device to continue active tracking for up to 36 hours, even when disconnected from power.



New Spartan GoCam Video Camera Introduced

Sequans announced that its Colibri LTE Cat 4 Platform provides the LTE connectivity for the new Spartan GoCam now available for the major US wireless networks.

LTE-connected wireless surveillance camera for use in numerous markets, including residential, wildlife, commercial, utilities, and research. The Spartan GoCam sends motion or timer-triggered images to a user’s phone, tablet or computer in real time via the Spartan GoCam web portal and mobile application.

Users can view images immediately in real time. Cameras can be controlled by advanced two-way communication via the web or mobile app (Android or iOS), putting users in control of all their cameras while receiving and viewing images anytime, anywhere. Spartan GoCam features all-in-one design and standalone installation and is powered by AA batteries or portal DC power.

Achievements in LTE for IoT

AT&T Certifies Sequans US130Q LTE Cat 1 Module
One of Sequans’ LTE for IoT modules, the US130Q, supporting AT&T LTE bands 2, 4, and 12, has been certified to operate on the LTE network of AT&T. The US130Q achieved technical acceptance from AT&T’s Network Ready Lab in early September. The module is based on Sequans’ Calliope LTE Cat 1 Platform that was ADAPT-verified by AT&T last year.

Monarch-powered WNC module now part of AT&T’s IoT Accelerator Program

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From: FUBHO10/1/2017 2:53:17 PM
   of 1395
Last week of SHYSTER law firms polluting my portfolio news feeds with their bogus suits.

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From: FUBHO10/3/2017 10:38:37 PM
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Holy crap. I just saw this! They missed by over 30%. This management is not competent to say the least.

Forecast $16 million and get $11. That is just mind blowing. Georges and team are not credible people.

Sequans Communications S.A. ( SQNS) announced that it has revised its guidance for the third quarter ended September 30, 2017, as follows:

Revised Guidance

Previous Guidance

Revenue$11.0 - $11.2 million$15 – $17 million
Gross margin>43%> 40%
Non-IFRS net loss per diluted share/ADS($0.06) – ($0.07)($0.05) – ($0.07)

Guidance is based on approximately 79.8 million weighted average number of diluted shares/ADSs .

As previously announced, the company will release its full results for the third quarter on October 31, 2017.

Factors contributing to the company’s revised expectations for Q3 include greater-than-expected weakness from emerging markets for broadband-related products, changes in customers’ forecasts due to excess channel inventory for broadband products in the United States, and a delay in concluding the terms of a project related to a vertical market. Although it expects the weakness in the broadband-related portion of the business to persist at least through the balance of 2017, Sequans continues to expect significant growth in 2018 driven by its technology leadership and first-mover position in the IoT market.

“We believe the long-term growth drivers of our business, particularly for IoT, remain in place despite these near-term headwinds,” said Georges Karam, CEO of Sequans. “Cat M1/NB1 is moving rapidly with design wins addressing a growing list of carriers world-wide. We had initial shipments of Cat M1 chips in Q3, although we thought Cat M1 would not begin ramping before Q4 at the earliest. Regarding the broadband portion of the business, we expect no fundamental change in the dynamics of this portion of the business, despite Q3 softness and our near-term caution. On balance, we believe the intermediate to long-term prospects for the company remain excellent, and we are simply experiencing some of the issues that are characteristic of our current market.”

Update Conference Call and Webcast on Wednesday, October 4, 2017

Sequans plans to conduct a teleconference and live webcast to discuss the revised outlook tomorrow, October 4, at 8:00 a.m. EDT
/14:00 CEST. To participate in the live call, analysts and investors should dial 800-230-1085 (or +1 612-234-9959 if outside the U.S.). A live and archived webcast of the call will be available from the Investors section of the Sequans website at A replay of the conference call will be available until October 30 by dialing toll free 800-475-6701 in the U.S., or +1 320-365-3844 from outside the U.S., using the following access code: 431414.

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To: FUBHO who wrote (1125)10/3/2017 10:59:34 PM
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RE:We had initial shipments of Cat M1 chips in Q3, although we thought Cat M1 would not begin ramping before Q4 at the earliest. Regarding the broadband portion of the business, we expect no fundamental change in the dynamics of this portion of the business, despite Q3 softness and our near-term caution.

How can you say you don't expect a fundamental change in dynamics when you were $5 million in revenue short? That is a fundamental change right there.

I've said Georges was shady before, but damn. I ridiculed all the class action firms too soon.

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From: FUBHO10/3/2017 11:33:48 PM
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The Smart Hub deal was for only $1.5m a quarter, so how did they miss by $5... Incomprehensible. What the hell can they say tomorrow morning?

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To: FUBHO who wrote (1124)10/4/2017 5:23:38 AM
From: w0z
   of 1395
I've never participated in one of these class action lawsuits but am sorely tempted this time. Are these things ever worth the time of day to apply for? I hold XX,XXX shares.

On a more positive note:

and the download:

However it's clear they have been drinking the 5G hype and Kool-Aid. The latest problem I saw was that 5G was having serious problems penetrating reflective glass. Good luck with that for smart buildings!

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To: w0z who wrote (1128)10/4/2017 11:47:13 AM
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Millimeter waves can't penetrate rain, a piece of paper, your hand, basically anything.

From the mailings I've received on previous class actions you get back pennies on the dollar. You are better off holding and praying Georges ISN'T LYING THIS TIME...

Listening to the CC right now.

People returned their Smart Hubs and Jet Packs to Verizon, after they were throttled at the 10GB limit. lol Duh!!!

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From: FUBHO10/4/2017 12:34:54 PM
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At 19:04 of the CC there is a weird edit where they stripped out some commentary. Most of it is a lot blah, blah, bs from Georges the bser.

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To: FUBHO who wrote (1130)10/4/2017 12:51:04 PM
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See flat to lower Q4. 34:00 mark

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