CAMARILLO, Calif.--(BUSINESS WIRE)--

(Nasdaq: ), a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that (Elmeasure), a leading developer of Internet of Things (IoT) technologies for the utility metering and energy management industries, and (ClodPi), an IoT innovator specializing in long range sensor networks based on , developed a new LoRa-based prepaid energy metering solution. This new line of prepaid smart meters tracks and reports usage data in real time for precise billing and reduced energy waste in utility applications.

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LoRa and Elmeasure smart metering (Graphic: Business Wire)

“Semtech’s LoRa devices provide the ideal platform for smart energy management and give real advantages over traditional solutions,” said Sam Cherian, Chairman at Elmeasure. “LoRa devices deliver reliable, real-time data for customers to track both usage rates and meter operation. Elmeasure and ClodPi’s innovative platform also allows customers to manage multiple meter solutions together, including those for water and gas, for smarter overall energy monitoring with reduced operating cost.”

“The LoRaWAN protocol enables the robust long range networks necessary to connect many metering applications for simple and efficient management,” said Karthi Ganesan, Founder and CTO at ClodPi. “LoRa devices and the LoRaWAN protocol are leading technologies for IoT and offer the proven capacity to accelerate the development of devices and networking applications today. The consistent and secure connectivity provided by LoRaWAN allows customers to reap the rewards of bringing their utility applications to the Cloud and help receive a quick return on investment.”

Elmeasure and ClodPi’s LoRa-based prepaid meters monitor energy use in real time, and provide users alerts through email or text message when abnormalities, including rate spikes or meter tampering, occur. Additionally, the solutions allow the integration and monitoring of smart meters for gas and water under the same platform for aggregate viewing and management. By providing consistent, accurate data on usage, these prepaid smart meters enable customers to budget and stay in control of energy use and waste, saving on monthly bills and reducing environmental impact.

“As more and more utilities and facilities aim to help their end users to improve their energy and water usage, and have better control and monitoring, there is a direct advantage for Elmeasure to provide them an end-to-end solution easier to deploy and operate with their IoT smart devices based on Semtech’s LoRa devices and the LoRaWAN protocol,” said Rémi Demerlé, Director of Vertical Marketing for Utilities in Semtech’s Wireless and Sensing Products Group. “Elmeasure and ClodPi capitalized on LoRa devices’ proven feature set to accelerate its development and push metering products to market that bring compelling advantages for sustainable, cost-effective energy use.”

To learn more about LoRa, visit the .

About Semtech’s LoRa® Devices

Semtech’s LoRa devices are widely adopted long-range, low-power solutions 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 100 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 .

About Elmeasure India Pvt. Ltd.

Elmeasure India Pvt. Ltd. was created in 2004 by a team of entrepreneurs with collective experience in energy management. The Company’s objective is to make significant improvements to industry and commercial operations by enabling the efficient use of energy to reduce waste and minimize loss. Elmeasure's energy management system is tailor made with flexibility for customization in any industry, including billing for shopping/housing complexes and pre-paid metering. The Company’s energy management solutions adapt the latest IoT technology and continually improve these processes. For more information, visit .

About ClodPi Labs

ClodPi Labs is a leading technology company in the IoT space specializing in products for long range, low power sensor network communication using LoRa and LoRaWAN. With the evolution of Internet of Things, organizations better understand the benefits these applications bring to various industries including Smart Cities, Manufacturing, Construction, Transport, Health, Oil and Gas. ClodPi Labs works in this space to build and enable these organizations with smarter solutions leveraging LoRaWAN for efficient, low power networking for application sensors. For more information, visit .

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 .

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “capacity to,” “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 () 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 of Semtech Corporation or its affiliates.

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