Pinyon Selects Sequans’ Technology to Design World Class 4G LTE Mobile Broadband Devices for Worldwide Markets

Pinyon Technologies, a global supplier of next generation mobile wireless networking products with proprietary antenna solutions based on its patented AirWire® technology, and Sequans Communications S.A. (NYSE: SQNS), a 4G LTE chipmaker, today announced that they are collaborating to deliver multiple LTE mobile broadband product solutions to LTE service providers worldwide. The new LTE products will be based on Sequans’ Mont Blanc LTE platform and Pinyon’s AirWire technology, which together provide powerful LTE connectivity and ultra high throughput for bandwidth-hungry applications such as real-time video streaming. The first Pinyon/Sequans product to reach the market is expected to be introduced in India in the first half of 2014 with other global markets to follow.

“Pinyon’s AirWire technology provides an excellent basis for the design of innovative LTE data products,” said Georges Karam, Sequans CEO. “We believe our collaboration will yield excellent LTE devices with strong consumer appeal in many markets.”

“We are pleased to collaborate with Sequans to answer the high demand from global 4G LTE markets for new high bandwidth, single-mode LTE broadband products,” said Debashis Bagchi, Pinyon Technologies CEO. “The combination of Sequans’ superior LTE chip technology with our expertise in mobile wireless networking will yield LTE devices with exceptional value to service providers and their customers worldwide.”

According to Strategy Analytics an estimated 1 billion non-handset LTE devices will deploy over the next five years and two-thirds of these, or about 650 million devices, will be single-mode LTE.

About Pinyon Technologies

Headquartered in Reno, Nev., Pinyon is a global supplier of next-generation mobile wireless networking products to the mobile Internet infrastructure market. Pinyon designs, develops, and commercially sells mobile wireless products like LTE WiFi dongles and LTW WiFi Gateways amongst others, incorporating proprietary antenna solutions based on a patented AirWire technology for HD quality multimedia delivery. Pinyon’s wireless products and proprietary AirWire technology is designed for 4G/LTE, WiFi, Bluetooth, 3G mobile and other mobile applications. AirWire is well suited for applications that require high throughput in a noisy multipath environment. For more information, visit www.pinyontech.com.

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker, supplying LTE and WiMAX chips to original equipment manufacturers and original design manufacturers worldwide. Sequans chips are operating in 4G networks of leading mobile operators around the world. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans.