Spectra7 Joins Ethernet Alliance

Spectra7 Microsystems Inc. (TSX:SEV) ("Spectra7” or the "Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that it has joined the Ethernet Alliance, global industry consortium dedicated to the continued success and advancement of Ethernet technologies.

The rapid increase in demand for bandwidth is pushing Ethernet technology innovation faster than ever before. As the leading industry voice for Ethernet, the Ethernet Alliance remains committed to its global mission of supporting the technology’s continued expansion and multivendor interoperability.

Spectra7’s GaugeChanger^TM technology is an innovative and disruptive technology that allows copper to extend much longer lengths without the cost and power penalty of optics. It works equally well at 25Gbps NRZ and 50Gbps PAM4 supporting Ethernet standards of 25/50/100/200/400 Gbps.

"Ethernet’s landscape has evolved to encompass a broad array of rates ranging up to 400G, the common thread linking all of these together is Ethernet’s uncompromised interoperability,” said John D’Ambrosia, chairman, Ethernet Alliance; "When the Ethernet ecosystem works together to deliver on this promise of multivendor interoperability, we all win. We welcome Spectra7 and look forward to its active participation as an Ethernet Alliance member.”

"Cables using our GaugeChanger^TM technology offer significant cost, size and energy consumption value to the Ethernet community,” said Spectra7 CEO Raouf Halim. "We are joining the Ethernet Alliance to help educate its members and the broader Ethernet community about our active copper cable solutions. We have already begun engagements with several new potential customers in the short time we have been members."

About the Ethernet Alliance

The Ethernet Alliance is a global consortium that includes system and component vendors, industry experts, and university and government professionals who are committed to the continued success and expansion of Ethernet technology. The Ethernet Alliance takes Ethernet standards to market by supporting activities that span from incubation of new Ethernet technologies to interoperability demonstrations and education. For more information about the Ethernet Alliance, please visit http://www.ethernetalliance.org

About Spectra7 Microsystems Inc.

Spectra7 Microsystems Inc. is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers and other connectivity markets. Spectra7 is based in San Jose, California with design centers in Markham, Ontario, Cork, Ireland, and Little Rock, Arkansas. For more information, please visit www.spectra7.com.

Cautionary Notes

Certain statements contained in this press release constitute "forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe”, "expect”, "aim”, "intend”, "plan”, "continue”, "will”, "may”, "would”, "anticipate”, "estimate”, "forecast”, "predict”, "project”, "seek”, "should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s annual MD&A for the year ended December 31, 2017. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

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