Sequans Communications Selects S3 Group's Power Management Solution for WiMAX / LTE System on Chip

San Jose, February 6th, 2012 – S3 Group, a global provider of mixed-signal, Analog, RF and Power Management semiconductor IP solutions, today announced that 4G chipmaker Sequans Communications S.A. (NYSE: SQNS) has licensed its Power Management IP. S3 Group designed a customized Power Management Solution for its client using IP from its extensive portfolio. Sequans Communications is a world-leading developer and supplier of LTE and WiMAX chips to wireless equipment and device manufacturers worldwide.

“Sequans is focused on delivering highly energy and cost efficient chip solutions and S3 Group’s power management IP is a significant component of our design as it contributes to improving the performance and lowering the overall BOM,” said Bertrand Debray, Sequans Communications VP of engineering. “S3 Group’s IP and their ability to quickly customize the multiple blocks to meet our system needs enabled us to meet a tight project schedule. It was a pleasure working with S3 Group."

"Sequans Communications has attained a market leading position in the manufacture of 4G chips to power WiMAX and LTE networks since its inception in 2003. Their adoption of S3 Group’s power management IP enabled them to accelerate the delivery of a solution to their customer base of wireless equipment and device manufacturers. We take pride in our ability to continuously develop high performance IP blocks to address the diversifying needs of our customers and are extremely pleased to add Sequans Communications as one of our most coveted clients.” said Dermot Barry, VP Silicon BU, S3 Group.

About Silicon & Software Systems Ltd. (S3 Group):

S3 Group provides products, solutions and professional services to the Semiconductor, Digital TV and Telehealth industries. S3 Group’s silicon business unit delivers a comprehensive portfolio of mixed-signal IP and design services for power-efficient complex mixed-signal ICs. The company’s mixed-signal IP portfolio includes high performance A/D and D/A converters, PLLs, Analog Front Ends (AFEs), Power Management, RF Transceivers and other miscellaneous circuits which have been silicon proven at a number of merchant foundries (TSMC, UMC, Global Foundries, IBM, Tower, SMIC) at nodes ranging from 0.18um to 40nm. End markets served by S3 Group clients include WiFi, WiMAX, LTE, mobile and fixed digital broadcasting, DOCSIS, Digital Video, Digital Radio, Imaging and power-line communications.

Founded in 1986, S3 Group has design centers in Ireland, Portugal, Poland, the Czech Republic and the USA with sales offices and representatives globally. For further information please visit www.s3group.com/silicon-ip.

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. Founded in 2003 to address the WiMAX market, the company expanded in early 2009 to address the LTE market. Sequans is based in Paris, France with additional offices throughout the world, including United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, and China. www.sequans.com;