PR93503

PARIS, Dec. 7, 2021 /PRNewswire=KYODO JBN/ --

     -  Monarch 2 now the first LTE-M/NB-IoT chip to pass Common Criteria

testing for highest level CC EAL5+ security certification

     -  Proven full iSIM solution powered by Kigen SIM OS with remote SIM

provisioning now available

     -  Operating now with leading global operators in USA and Europe

     -  Evaluation kits available today

Sequans Communications S.A. (NYSE: SQNS), leading provider of cellular IoT

connectivity solutions, announced that the industry's first GSMA-compliant

integrated SIM (iUICC) is now Common Criteria certified and available on its

second generation LTE-M/NB-IoT chip, Monarch 2.

Logo - https://mma.prnewswire.com/media/1521139/Sequans_Communications_Logo.jpg

Integrated SIM, whereby the SIM is integrated directly into the chip, is

virtually exempt from tampering, providing a powerful security advantage for

those IoT applications in utilities, healthcare, banking, or retail, where

security is of paramount importance. The availability of Monarch 2 with

integrated SIM represents a much anticipated and important capability in IoT,

and one that is expected to have a profound impact on enabling IoT on a massive

scale. Beyond iUICC, Monarch 2 enables highly secured data ciphering and

encryption leveraging the now-certified secure enclave (using the GSMA standard

"IoT Safe" or other solutions). Monarch 2 with integrated SIM also enables

significant advantages in reduced power consumption, size, and cost.

Sequans collaborated with Tiempo Secure, a leading provider of security IP for

semiconductor design companies, and Kigen, a global provider of the SIM

operating system with remote SIM provisioning, to bring the full iSIM solution

on its chip to market. Sequans collaborated with Tiempo who handled the

certification work with CEA-LETI, where Monarch 2's CC EAL5+ Common Criteria

security rating was tested and proven. Sequans and Kigen demonstrated Monarch

2's iSIM capabilities using Kigen's advanced SIM OS with key customers and

operators. Sequans' Monarch 2 with integrated SIM is today sampling with select

customers on tier 1 operator networks in USA and Europe.

"We have reached a major milestone with this new and powerful iSIM capability

in Monarch 2 that takes the vision of massive IoT from an exciting possibility

to a present-day reality," said Georges Karam, Sequans CEO. "We are grateful to

Kigen and Tiempo for their contributions that have helped us provide our IoT

customers with an iSIM solution from which they can reap huge benefits in

streamlined logistics, manufacturing, and provisioning—and one that is truly

future-proof. All who are engaged in Common Criteria certification knows that

the process is inherently complex and challenging, but we were determined to

achieve it since we understand the need of our customers for unassailable

security for their IoT applications."

"Monarch 2 is one of the most advanced IoT platforms and the only LTE-M/NB-IoT

chip with such a high level of integrated security," said Serge Maginot/CEO,

Tiempo. "Passing Common Criteria EAL5+ certification with such a complex chip

integrating our secure element IP is a world-first achievement and proves that

Monarch 2 with its GSMA-compliant integrated SIM is a first-class solution."

"Integrated SIM delivers significant reduction in size and silicon footprint in

addition to enhancing security," said Vincent Korstanje, Kigen. "We are proud

that Kigen's iSIM OS with Remote SIM provisioning now allows customers to

address the most security critical applications on the IoT market with the CC

EAL5+ certified Monarch 2 SoC."

"The high level of security Sequans has achieved with the EAL5+ certification

on Monarch 2 will surely speed-up the iSIM adoption in IoT devices," said

Cameron Coursey, vice president, IoT Solutions, AT&T. "It is very clear that

SIM security available on-chip will have a tremendous effect on accelerating

the IoT market."

"Sequans made a smart decision with their standards-based approach to iSIM in

Monarch 2," said Amanda Huang, senior product manager of Intelis Cellular water

meter at Itron. "We see the value of having such an approach in the ecosystem

to provide simpler manufacturing, which will help Itron to increase operations

management efficiency while streamlining the supply chain."

According to ABI Research, the next five years of cumulative shipments of

eSIM/iSIM devices will hit the 3.8 billion mark.

"Standardization and certification will be key in unlocking eSIM/iSIM

functionality and its subsequent market opportunity," said Phil Seely, research

director at ABI Research. "First movers like Sequans understand the importance

of standardization and its significant role in enabling true end-to-end

digitization. Sequans and its Monarch 2 solution with CC EAL5+ certification

for full GSMA-compliant iUICC support is a great example of this and it will

help bring eSIM/iSIM and its functionality to the masses."

Evaluation kits for testing Monarch 2 with iSIM using select mobile network

operator profiles are now available. Contact sales@sequans.com for more

information.

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of

cellular IoT connectivity solutions for massive and broadband IoT. For 5G/4G

massive IoT applications, Sequans provides a comprehensive product portfolio

based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms,

featuring industry-leading low power consumption, a large set of integrated

functionalities, and global deployment capability. For 5G/4G broadband IoT

applications, Sequans offers a product portfolio based on its Cassiopeia Cat

4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost

residential, enterprise, and industrial applications. Founded in 2003, Sequans

is based in Paris, France with additional offices in the United States, United

Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China.

Visit Sequans online at www.sequans.com.

Forward Looking Statements

[http://www.sequans.com/news-events/press-release/forward-looking-statements/ ]

Sequans media relations: Kimberly Tassin (USA), +1.425.736.0569,

kimberly@sequans.com

Sequans investor relations: Kim Rogers (USA), +1.385.831.7337, kim@haydenir.com

SOURCE Sequans Communications