Sigma Designs G.hn Solution Wins Best Technology Award
TAIPEI, TAIWAN and MILPITAS, CA–(Marketwire – Jun 2, 2011) – Sigma Designs (NASDAQ: SIGM), the world leader in connected media platforms, announced today that its G.hn home networking technology has been awarded Connected Home Global Summit’s prestigious award for Best Enabling Product/Technology for the Connected Home. Sigma Designs G.hn technology was selected by a panel of experts from close to a hundred technologies covering every home networking category. The Summit award recognizes and rewards products and services for their excellence, innovation and delivery on the promise of the “Connected Home.”
“It’s an honor to receive this prestigious award from the Connected Home Global Summit,” said Gabi Hilevitz, vice president and general manager, home connectivity at Sigma Designs. “This represents recognition by the market of the important role G.hn is taking in aligning the home networking industry behind an internationally accepted unified standard. This is also recognition of Sigma Designs’ long term contribution to the G.hn standardization efforts and to the leadership position we established by being first to introduce a G.hn chip in the market.”
G.hn is the ITU-T definition of the next generation home AV network standard for distribution of Internet Protocol (IP) content across existing AC power lines, coax cables and phone lines. G.hn enables consumers to access, store and share a wide variety of content around the home without having to install new wiring. This includes broadband data, HD programs, video-on-demand (VOD), multi-room HD DVR recordings, voice over IP (VoIP), and streaming of HD video, music, and photos.
The Sigma Designs CG5110 with ClearPath Extreme™ (Sigma’s MIMO feature over Powerline) is the only home networking solution that enables a completely self-install home entertainment network for distribution of Triple Play and IPTV over all existing wires in the home: power lines, coax and phone lines. This high-performance solution outdelivers every wired or wireless solution running in consumer households to date. With a single chip, it runs at least 700 Mbps — over four times faster throughput than MoCA today and 75% faster than MoCA 2. It is faster and more reliable than any wireless solution, too — all without requiring complicated security set-ups. Over powerlines, it delivers triple the performance of rival standards. With this level of performance, Sigma will enable service providers to easily and affordably deliver any service they are looking to implement in the coming decade, including high-definition multimedia entertainment, triple-play services, IPTV, telepresence, telemedicine, home monitoring and 3DTV.
The Connected Home Global Summit has grown to become one of the premier events where the industry’s most innovative operators, broadcasters, content owners and distributors, device manufacturers, software and component manufacturers come together, to identify the technology choices and business models that will monetize the connected home.
About Sigma Designs, Inc.
Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in connected media platforms. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world’s leading IPTV set-top boxes, connected media players, residential gateways, home control systems and more. For more information about Sigma Designs, please visit www.sigmadesigns.com.
Sigma Designs, and the Sigma Designs logo are either registered trademarks or trademarks of Sigma Designs, Inc. and its subsidiaries in the United States and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements about the anticipated features and benefits of Sigma’s products and solutions. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, including the rate of adoption for G.hn products amongst set-top box and residential gateway OEMs or the service providers who buy them, Sigma’s ability to deploy and achieve market acceptance for Sigma’s products in these markets, the ability of its G.hn products to compete with other technologies or products in these emerging markets as well as other risks that are detailed from time to time in Sigma’s SEC reports, including our annual report on Form 10-K as filed March 28, 2011. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sigma undertakes no obligation to publicly release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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