Jaguar Wave Begins Live Field Trials of mmWave Radio Product Line for Rail Communications.

SAN JOSE, CA / ACCESSWIRE / February 13, 2024 / Peraso Inc., (NASDAQ:PRSO) ("Peraso" or the "Company"), today announced that Jaguar Wave Technology has begun live field trials of a 60 GHz mmWave radio system on a major Chinese railway system in central-western China.

Jaguar Wave's JW-TAU6002 radio utilizes Peraso's X720 chipset to provide up to 2 Gbps high speed data communication as the train approaches within 1km of the station. Designed specifically for Fixed Wireless Access products, the X720 operates over the entire 57-71 GHz unlicensed band with unmatched transmit output power and avoids the impact of atmospheric absorption that can often limit range.

"Jaguar Wave is opening an opportunity for Peraso's mmWave technology to have an impact on the vast Chinese rail system," said Ben Liu, Peraso's General Manager for APAC. "Requirements for rail systems are very stringent and the qualification process will take several months. We are confident in Jaguar Wave's product and will work closely with them to complete the qualification process."

As the system operates at 60 GHz, it is not interfered with by Wi-F networks. Furthermore, the narrow beam pattern provided by Peraso's antenna minimizes the impact of "signal clutter," which can be present in train stations due to reflections from metal, concrete and glass surfaces.

"Telemetry and video security systems on-board accumulate a large amount of data as the train travels between stations," explained James Li, Jaguar Wave CRO. "Peraso's 60 GHz solution facilitates the download of 10 gigabytes of data, even as the train is moving, so that the time stopped in the station is minimized."

Jaguar Wave has already introduced multiple products utilizing Peraso's 60 GHz technology. Markets addressed by these products include data backhaul, smart city connectivity, security and surveillance, smart factories and disaster contingency back-up networking.

Critical features of the Jaguar Wave products include:

• High bandwidth, with data rates exceeding 2Gbps
• Low latency
• Easy installation with automatic beamforming
• Low cost of installation and ownership
• Small antenna size with small visual impact
• Interference resistance with mmWave frequencies and anti-interference technology
• Secure data and management traffic

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 customer relationships, as well as availability, operating performance, cost benefits, and advantages of the products of Peraso, market acceptance of our products, and anticipated acceptance and use of mmWave technology, 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, timing, receipt and fulfillment of customer orders associated with our mmWave products and solutions, anticipated use of mmWave, the availability and performance of Peraso's products and solutions, the successful integration of Peraso's products and technology with customer and third-party semiconductor, antenna and system solutions, reliance on manufacturing partners to assist successfully with the fabrication of our ICs and antenna modules, 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, 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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About Peraso Inc.

Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, antenna modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. For additional information, please visit www.perasoinc.com.

About Shenzhen Jaguar Wave Technology Co., Ltd.

Established in 2016, Jaguar Wave is dedicated to development and application of mmWave in all scenarios. Faster, Smarter, Trustworthy is the core of mmWave technology and our mission is to make it more user friendly. More than 30+ pending patents and a multi-million dollar in-house laboratory operated by Ph.D team gives Jaguar Wave a competitive edge and we are committed to become the leader of 5G mmWave technology in China. Visit www.jaguarwave.com

Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.

Media Contact:
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Peraso Contact:
Mark Lunsford
CRO
mlunsford@perasoinc.com

SOURCE: Peraso Inc.