DUBLIN, IRELAND and HUNTSVILLE, AL – November 10, 2015 – Decawave, a global leader in ultra wideband (UWB) semiconductors, and Time Domain, a worldwide leader in UWB hardware and software development, today announced a strategic partnership to serve growing commercial and industrial markets for precision ranging and localization. The deal establishes Time Domain as Decawave's preferred partner for navigation and tracking opportunities based on two-way time-of-flight (TW-TOF) ranging and grants Decawave a worldwide license to Time Domain's industry-leading patent portfolio.

The landmark partnership pairs Decawave's chip technology with Time Domain's development ecosystem to shorten system integrators' development cycles and speed time to market for new location-based solutions. The agreement also provides a framework for collaboration on products, regulatory standards, and industry symposia.

"The ubiquity of GPS has made location-based information a vital part of our daily lives," said Ciaran Connell, Decawave CEO. "However, many emerging applications are demanding an even greater degree of location precision and reliability, as well as the ability to operate seamlessly indoors and outdoors. We are partnering with Time Domain to capitalize on these global trends, which have created an ideal environment for UWB-based micro-location to flourish and thrive."

As part of the cooperation and licensing deal, Time Domain will be given Strategic Partner status within Decawave's successful Partnership Program. Time Domain will pursue TW-TOF ranging applications in industries where mobile ad hoc operating environments are the rule rather than the exception, such as mobile robotics, smart mobility, and autonomous operations.

"We are extremely excited to team up with Decawave. UWB technology is all about precise timing – and now is definitely the right time to bring Decawave's chip expertise together with our UWB systems know-how to satisfy markets primed for location solutions," said Rachel Reinhardt, CEO of Time Domain. "This is a transformative step for the UWB industry and something that only Time Domain and Decawave can deliver."

"This partnership is unique because it combines a license agreement and a collaboration agreement, offering customers simultaneously a cleared innovation environment and access to the sum of experience from both Time Domain and Decawave," said Luc Darmon, Decawave Chief Marketing Officer. "Our focus while building this agreement has constantly been on market and customer interests, by making the UWB location technology easy to use and pervasive."

The two companies have committed to expanding their collaboration in other areas to promote the adoption of UWB technology worldwide, including coordination on industry and regulatory standards and the creation of a UWB industry forum. In August, Time Domain announced the PulsON 330 (P330), its first OEM module based upon Decawave's DW1000 chip.

About Decawave

Decawave is a fabless semiconductor company developing a family of integrated circuit compliant to the IEEE802.15.4a standard, which can identify the specific location of any object, person or thing at very competitive cost, very low power and with a required level of precision and reliability never achieved before (+/-10cm). In addition, the data communication capability of the chip makes it a perfect fit for IOT applications and other low-power wireless network applications.

About Time Domain

Time Domain is a world leader in ultra wideband (UWB) product development and services. Time Domain's PulsON® OEM modules and software enable breakthrough capabilities for precision ranging and localization, communications, and radar/sensing applications for commercial and industrial clients, government agencies, and academia.