Jaguar Wave Utilizes Peraso 60GHz X720 Chipset
for 5G Backhaul
TORONTO, Oct. 29th, 2021 /PRNewswire/ - Peraso
Technologies Inc. ("Peraso"), a privately held company that
recently entered into a definitive agreement for a business
combination with MoSys, Inc. (Nasdaq: MOSY) ("MoSys"), and Jaguar
Wave announced today that China Unicom (Shenzhen division) has successfully completed
testing of the Jaguar Wave PTP6151, a point-to-point mmWave radio
unit utilized for backhaul of 5G base stations in China. At the heart of the PTP6151 is the
Peraso X720 chipset, which is fully compliant with the IEEE802.11ad
standard.
- For a 6 month test period, China Unicom has consistently
achieved data rates of 990 Mbps (limited by GigaEthernet) at 850
meters
- Tests were conducted under serious weather conditions including
high temperatures, rain storms and lightning strikes at the
Shenzhen Shiyan area
- Jaguar Wave, in cooperation with Peraso, receives China Unicom
corporate seal
With the successful completion of the testing in a variety of
environments, China Unicom (Shenzhen division) has provided Jaguar Wave
with its corporate seal, thus endorsing Jaguar Wave and Peraso with
approval to provide equipment to the China Unicom network. The full
test report can be viewed on the Peraso website or by clicking
here.
"We're very proud of the achievement of this formidable goal
with our partner Jaguar Wave in the China telecom market" stated Ron Glibbery, CEO of Peraso. "The technical
standards at China Unicom are extremely rigid, so receiving their
corporate seal is the culmination of the years of experience that
Peraso has developed in the delivery of high-performance mmWave
systems".
"With our close relationship with Peraso, we were able to
develop a product for China Unicom that will be used to facilitate
the continued deployment of their 5G network in China" explained James
Li, Chief Marketing Officer for Jaguar Wave. "Backhaul is a
critical aspect of an aggressive 5G deployment, so the PTP6151
provides telecom carriers with a powerful tool for the global 5G
roll out".
- The X720 chipset from Peraso is the only IEEE802.11ad-complaint
chip set that includes both a baseband and mmWave phased array
device from a single vendor and supports the full V-band frequency
range of 57 GHz to 71 GHz.
- Particular support of frequencies from 64 GHz to 71 GHz where
oxygen absorption is reduced significantly,
- Peraso-based systems have achieved links of over 28kms.
This remarkable achievement is facilitated by way of Peraso's
full control over the radio performance in conjunction with all the
necessary firmware algorithms.
China Unicom is China's number
two mobile carrier, with over 300 million subscribers. The Company
has been one of the "Fortune Global 500" companies for consecutive
years and ranked 260th in "Fortune Global 500" for the year 2021.
It was also voted as "Asia's No.1
Most Honored Telecom Company" in 2021 for the sixth consecutive
year by Institutional Investor.
The X720 chipset is available immediately from Peraso.
The PTP6151 is available immediately from Jaguar Wave.
About Peraso Technologies, Inc.
Peraso is a fabless semiconductor company headquartered in
Toronto, Canada. The company is a
world leader in mmWave semiconductors, including 5G mmWave and
60GHz products compliant with the IEEE802.11ad standard. For more
information, visit www.perasotech.com.
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About Shenzhen Jaguar Wave Technology Co., Ltd.
Jaguar Wave is dedicated to development and application of mmWave
in all scenarios. Our mission is to make mmWave more user friendly
and help people to enjoy the benefits of mmWave: "Faster, Smarter,
Trustworthy". With more than dozens of patents and a multi-million
dollar in-house laboratory operated by a Ph.D team, Jaguar Wave is
able to provide comprehensive service to our clients, including 5G
mmWave products and 60GHz mmWave products. We are committed to
become the leader of 5G mmWave technology in China. Visit www.jaguarwave.com.
No Offer or Solicitation
This communication is for informational purposes and is not
intended to, and shall not, constitute an offer to sell or the
solicitation of an offer to sell or the solicitation of an offer to
buy any securities, nor shall there be any sale of securities in
any jurisdiction in which such offer or sale would be unlawful
prior to registration or qualification under the securities laws of
any such jurisdiction.
Additional Information and Where to Find It
A full description of the terms of the business combination is
provided in the definitive proxy statement for the stockholders of
MoSys (the "Proxy Statement"), which was filed with the U.S.
Securities and Exchange Commission (the "SEC") on October 18, 2021 and commenced mailing to the
stockholders of MoSys as of the record date of October 14, 2021. MoSys stockholders, investors
and other interested persons are urged to read the Proxy Statement,
as well as other documents filed with the SEC because these
documents contain important information about MoSys, Peraso, and
the proposed business combination. Stockholders are also able to
obtain a copy of the definitive Proxy Statement, without charge, by
directing a request to: MoSys, Inc, 2309 Bering Drive, San Jose, CA 95131, attention: CFO or by
sending an e-mail to priv_IR@mosys.com. The Proxy Statement can
also be obtained, without charge, at the SEC's website
(www.sec.gov).
Participants in Solicitation
Under SEC rules, MoSys, Peraso, and their respective directors,
executive officers and other members of their management and
employees may be deemed to be participants in the solicitation of
proxies of MoSys' stockholders in connection with the proposed
business combination. Investors and security holders may obtain
more detailed information regarding the names, affiliations and
interests of MoSys' directors in its Annual Report on Form 10-K for
the fiscal year ended December 31,
2020, which was filed with the SEC on March 18, 2021. Information concerning the
interests of MoSys' and Peraso's participants in the solicitation,
which may, in some cases, be different than those of MoSys' and
Peraso's stockholders generally, is set forth in the Proxy
Statement.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which are intended to be covered by the "safe harbor"
created by those sections. All statements in this release that are
not based on historical fact are "forward-looking statements."
These statements may be identified by words such as "estimates,"
"anticipates," "projects," "plans," "strategy," "goal," or
"planned," "seeks," "may," "might", "will," "expects," "intends,"
"believes," "should," and similar expressions, or the negative
versions thereof, and which also may be identified by their
context. All statements that address availability, operating
performance, and advantages of the products of Peraso, Jaguar,
individually or combined, expected outcome of the collaboration of
Peraso and Jaguar, anticipated future combined products or
services, and the consummation of the proposed business combination
between Peraso and MoSys, that are not otherwise historical facts,
are forward-looking statements.
Forward-looking statements are based on certain assumptions and
expectations of future events that are subject to risks and
uncertainties. Actual results and trends may differ materially from
historical results or those projected in any such forward-looking
statements depending on a variety of factors. These factors
include, but are not limited to, the availability and performance
of the Peraso Integrated circuits, and the combined Peraso-Jaguar
product, reliance on manufacturing partners to assist successfully
with the fabrication of our ICs, availability of quantities of ICs
supplied by our manufacturing partners at a competitive cost, level
of intellectual property protection provided by our patents, vigor
and growth of markets served by our customers and our operations,
the ability to consummate the business combination between Peraso
and MoSys, and other risks. Peraso undertakes no obligation to
update publicly any forward-looking statement for any reason,
except as required by law, even as new information becomes
available or other events occur in the future.
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SOURCE Peraso Technologies Inc.
