Spectra7 To Showcase New Products for Consumer Electronics at CES 2018

SAN JOSE, CALIFORNIA–(Marketwired – Jan. 2, 2018) – Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, will be showcasing its active copper cable home theater, DreamWeVR™ and USB Type-C interconnect products at the Consumer Electronics Show (“CES”) in Las Vegas, NV from January 8^th through the 12^th, 2018.

“We’ve seen a fantastic response for our active copper cable solutions, especially in the virtual, augmented, and mixed reality consumer product markets,” said Spectra7’s CEO Raouf Halim. “With consumer electronic data rates continuing to scale, we believe CES 2018 is the perfect venue to highlight our new technologies. We look forward to meeting both current and new customers to demonstrate how our semiconductors can accelerate their product development cycles as data rates increase.”

Home theater products include those that support the latest HDMI data rates and standards. DreamWeVR™ products include a range of modules and solutions that support next generation AR/VR/MR head-mounted displays. Finally, new USB Type-C products and reference designs will also be introduced and demonstrated.

The Company will host one-on-one meetings during CES for customers interested in previewing these products and reference designs. To request a meeting, please email Annie Hoang at ahoang@spectra7.com.

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, 2016. 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.