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Sequans Wins Red Herring 100 Global 2007 Award

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SEQUANS Communications
Batiment Citicenter
Paris, 92073
France



Press release date: December 7, 2007

PARIS, France and CUPERTINO, Calif. -- December 7, 2007 - Sequans Communications, leading WiMAX chipmaker, announced today that it has won a Red Herring 100 Global award. The first-time awards program was designed by Red Herring to recognize the most promising tech startups in the world.

The winners were chosen from among 1800 companies that were Red Herring 100 winners and finalists from North America, Europe and Asia during the last three years. The Red Herring editorial team used a very competitive process to select the final 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy, and ecosystem integration. Sequans was a winner of Red Herring Europe 100 earlier this year.

The most experienced WiMAX semiconductor supplier in the industry, Sequans has thus far delivered three generations of WiMAX chips since it was founded in 2004, and is the only supplier to have delivered both base station and subscriber station chips for both fixed and mobile WiMAX. For Mobile WiMAX Wave 2, the latest version of WiMAX, Sequans has delivered both baseband and RF silicon. Sequans chips are embedded in the world's leading WiMAX networks and devices and are the highest performing chips in the industry.

About Sequans

SEQUANS Communications is a leading supplier of subscriber station and base station chips for both fixed and mobile WiMAX, based on IEEE 802.16-2004 and 802.16e-2005 standards, Sequans offers equipment manufacturers an all-in-one solution with full MAC and PHY functionality, enabling them to build a wide range of high performing WiMAX network components: femto, pico, micro and multi-sector macro base stations, outdoor and indoor subscriber terminals, home gateways, and all types of mobile devices. www.sequans.com

Press contacts: SEQUANS Communications Kimberly Tassin 206.654.1001 kimberly@sequans.com
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