Spectra7 Updates Expected Sales Outlook for the Year Ending December 31, 2023

December 27, 2023

Successful Testing Event with Leading Datacenter Equipment and Cable Manufacturers Advances Hyper-Scale Development Plans for 2024

SAN JOSE, Calif., Dec. 27, 2023 /PRNewswire/ — (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. (“Spectra7” or the “Company“), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today updated its business outlook for the year ending December 31, 2023. Additionally, the Company announces that it has demonstrated successful interoperability testing with key switch, equipment and cable manufacturers for the expected 2024 hyperscaler build-out at 800Gbps and 1600Gbps speeds. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

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