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Altair Chipset Powers New Verizon-Certified Cat-1 Asia Telco LM61 ModuleHOD HASHARON, Israel, January 31, 2017 /PRNewswire/ -- Altair Semiconductor, a leading provider of LTE chipsets, announced today that its 1160 chipsets are at the core of the new Verizon-certified ATEL LM61 LTE module, which enables lower battery usage and improved performance for a broad range of Internet of Things (IoT) devices. The LM61 supports LTE Cat-1 connectivity and provides future CAT-M upgrade capabilities. The module features ultra-low power consumption facilitating more than 10 years of battery operation for IoT applications. It includes an embedded MCU subsystem enabling an integral application layer to be run on the modem chip, and is optimized for cost based on Altair's highly integrated cellular IoT SoC architecture. "Our LTE Cat-1 module (LM61) receiving certification by Verizon is another important step forward in providing low-cost and efficient LTE connectivity for both industrial and consumer IoT applications," said Jason Ding, CEO of ATEL. "The Altair 1160 is the best suitable LTE Cat-1 chipset in our product offering for the IoT marketplace It enables us to focus on our core system design and manufacturing expertise, knowing that we have a market-leading semiconductor platform on which to build." "We are pleased that the LM61 has received Verizon certification and is joining Altair's range of products that provide low-power, cost efficient and upgradable solutions for the IoT ecosystem," said Eran Eshed, Co-Founder and VP of Worldwide Sales and Marketing for Altair. "Asia Telco is a great partner and we expect to expand our relationship with them into additional product segments and markets in the near future." The 1160 is an industry leader in LTE CAT-1 solutions for power consumption and features, and is the first to offer upgradability to CAT-M. The chipset is designed in an array of industrial and consumer modules and is shipping commercially in numerous markets including the U.S., Japan, Korea and China. 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, Softbank and KT (Korea Telecom). The company's customer roster includes some of the world's leading OEMs and ODMs, such as Hewlett-Packard, ASUS, D-Link and WNC, 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: SOURCE Altair Semiconductor 
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