Spectra7 Demonstrates Active Copper Cables with Cisco, Arista, Juniper, Intel and Other Leading Suppliers

Ethernet Alliance Showcase at OFC Highlights Low Power and
Cost-Effective Active Copper Interconnects at 25G, 100G and 400G

SAN DIEGO, Calif.–(BUSINESS WIRE)–Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a
leading provider of high-performance analog semiconductor products for
broadband connectivity markets, announced that it is participating in
the Ethernet Alliance OFC 2019 Demo featuring 21 member companies
including leading switch and silicon makers Cisco, Arista, Juniper and
Intel. Spectra7 technology is well represented in the demo and includes
speeds of 25G, 100G and 400G and form factors including SFP, QSFP,
QSFP-DD and OSFP. In all, there are 8 interconnects that include
Spectra7 chips. The groundbreaking demo, available for viewing from
March 5 – 7, 2019 in booth 4749 on the OFC 2019 expo floor, highlights
the growing diversity and maturity of Active Copper Cables (ACCs) for
the current and next generation of Ethernet.

“We are thrilled to be so well represented in this leading-edge demo of
ethernet technology,” said Spectra7’s CEO Raouf Halim. “With the
buildout of 25G and 100G happening now and the start of 400G expected
later this year, we believe OFC 2019 is the perfect venue to highlight
our new technologies.”

GaugeChanger^TM 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 25 Gbps NRZ and 50
Gbps PAM-4 enabling new connector standards of 100, 200 and 400 Gbps.

The Ethernet Alliance interoperability demonstrations showcasing
Spectra7’s GaugeChanger^TM technology will be in Booth #4749

Spectra7 will also be showcasing its GaugeChanger^TM
technology at Booth #5408

About OFC

The Optical Fiber Conference and Exhibition (OFC) is
the largest global conference and exhibition for optical communications
and networking professionals. For more than 40 years, OFC has drawn
attendees from all corners of the globe to meet and greet, teach and
learn, make connections and move business forward.

OFC includes dynamic business programming, an exhibition of more than
700 companies, and high impact peer-reviewed research that, combined,
showcase the trends and pulse of the entire optical networking and
communications industry. OFC is managed by The Optical Society (OSA) and
co-sponsored by OSA, the IEEE Communications Society (IEEE/ComSoc), and
the IEEE Photonics Society. OFC 2019 will be held from 3-7 March 2019 at
the San Diego Convention Center, California, USA. Follow @OFCConference,
learn more OFC
Community LinkedIn, and watch highlights OFC
YouTube.

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,
follow @EthernetAllianc
on Twitter, visit its Facebook
page, or join its LinkedIn
group.

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 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.

Contacts

Spectra7 Microsystems Inc.
Sean Peasgood
Investor
Relations
647-503-1034
ir@spectra7.com

Spectra7 Microsystems Inc.
Darren Ma
Chief Financial
Officer
669-284-3170
pr@spectra7.com