Exhibitor News

HOD HASHARON, Israel, September 9, 2015 /PRNewswire/ --

Altair Semiconductor (http://www.altair-semi.com), a leading provider of LTE chipsets, today announced a strategic initiative with Verizon Wireless to accelerate the development of new LTE-based, commercial Internet of Things (IoT) products. Altair is demonstrating LTE's Release 12 PSM functionality at the CTIA conference in Las Vegas, fulfilling the promise of a 10-year battery-life LTE connection.

"Our collaboration with Verizon Wireless is a clear indication that North America's largest communication service provider sees the value of our LTE Cat-1/0 chipsets for IoT applications," said Eran Eshed, Co-Founder and VP of Marketing and Business Development for Altair. "Altair is pioneering this new and emerging space for LTE and is focused on launching Cat-1/0 commercial products shortly."

PSM, as specified by 3GPP Release 12, enables terminals to enter a deep-sleep mode for long periods of time after notifying the base station. This reduces significantly the amount of power associated with devices having to wakeup frequently to monitor incoming messages. PSM helps most when devices send small messages to the network on an infrequent basis.

"The Internet of Things presents new opportunities for all of us in the industry. Verizon is committed to deliver solutions that meet the needs of our customers. Altair's low-cost, long battery life LTE Cat-1 solution, being demonstrated at the Ericsson booth, is a great example of the innovation happening in this space," said Ro McNally, Vice-president, Verizon Wireless.

Key potential applications for the Altair FourGee-1160 Cat-1 chipset are smart meters, car Telematics, security systems and smart home devices as well as other sensors and edge devices.

A demo of Altair's PSM-capable chipsets will take place at Ericsson's Super Mobility Week Booth #4322 at the Sands Expo in Las Vegas, NV, from September 9-11.

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About Altair Semiconductor 

Altair Semiconductor is a leading provider of single-mode LTE chipsets. Altair's portfolio covers the complete spectrum of cellular 4G market needs, from supercharged video-centric applications all the way to ultra-low power, low cost IoT and M2M. Altair has shipped millions of LTE chipsets to date, commercially deployed on the world's most advanced LTE networks including Verizon Wireless, AT&T and Softbank. The company's customer roster includes some of the world's leading OEMs and ODMs, such as Hewlett-Packard, ASUS and D-Link, as well as the majority of Asian ODMs developing LTE products for global markets. For more information, visit http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi 

Media/Analyst Contact:
Finn Partners Israel for Altair Semiconductor
Glenn Jasper
goel.jasper@finnpartners.com
@goeljasper
+1-929-222-8002

SOURCE Altair Semiconductor