China Unicom (Shenzhen division) Issues Corporate Seal to Peraso/Jaguar Wave Networking Product - Seite 2

China Unicom is China's number two mobile carrier, with over 300 million subscribers. The Company has been one of the "Fortune Global 500" companies for consecutive years and ranked 260th in "Fortune Global 500" for the year 2021. It was also voted as "Asia's No.1 Most Honored Telecom Company" in 2021 for the sixth consecutive year by Institutional Investor.

The X720 chipset is available immediately from Peraso.

The PTP6151 is available immediately from Jaguar Wave.

About Peraso Inc.

Peraso Inc. (NASDAQ: PRSO) is a pioneer in high performance 5G mmWave wireless technology, offering chipsets, 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.perasotech.com.

About Shenzhen Jaguar Wave Technology Co., Ltd.

Jaguar Wave is dedicated to development and application of mmWave in all scenarios. Our mission is to make mmWave more user friendly and help people to enjoy the benefits of mmWave: "Faster, Smarter, Trustworthy". With more than dozens of patents and a multi-million dollar in-house laboratory operated by a Ph.D team, Jaguar Wave is able to provide comprehensive service to our clients, including 5G mmWave products and 60GHz mmWave products. We are committed to become the leader of 5G mmWave technology in China. Visit www.jaguarwave.com.

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 availability, operating performance, and advantages of the products of Peraso, Jaguar, individually or combined, expected outcome of the collaboration of Peraso and Jaguar, and anticipated future combined products or services, that are not otherwise historical facts, are forward-looking statements.