Sigma Designs Powers LEA's New NetPlayer HD
Sigma Designs Powers LEA's New NetPlayer HD
New STB Offering Is First OTT Thin Client Embedding Sigma's SoC and HomePlug AV PLC With ClearPath Technology
MILPITAS, CA -- (Marketwire) -- 10/16/12 -- Sigma Designs(R) (NASDAQ: SIGM), a leading provider of System-on-Chip (SoC) solutions for home entertainment, connectivity and control, announced their partnership with LEA(R), a leader in broadband and home networking solutions. LEA's new NetPlayer HD(R) is powered by Sigma Designs' SMP8671 secure media processor and CG2210 chipset HomePlug(R) AV modem with ClearPath(TM) technology. The collaboration provides the first-to-market Over-The-Top (OTT) Thin Client Set Top Box (STB) embedded with HomePlug AV PLC with ClearPath technology, ensuring Plug and Play installation and unmatched data transfer quality.
Ideal for home AV networking, Sigma's CG2210 chipset allows the NetPlayer HD to stream OTT and VOD (Video on Demand) content and entertainment over the power line at a PHY layer rate of up to 200 Mbps. The ClearPath technology enables usage of all three wires in a power line network to achieve extended coverage, higher robustness and higher throughputs for true HD quality. The SMP8671 is optimized for a premium user experience by supporting a wide variety of audio, video, OTT and content security. Consumers will be able to connect their main or secondary TV to streaming content such as Netflix, YouTube, social networking sites, and many other online services.
In addition, the NetPlayer HD is the first STB with the option to integrate Z-Wave(R) for personalized home automation. Sigma Designs' Z-Wave technology can be enabled through a Z-Wave pairing button on the back panel of the device. If enabled, this allows consumers to remotely control home devices such as lighting, thermostats and security systems through any wireless or mobile device using the Netplayer HD as the gateway to the home.
"We are thrilled to partner with LEA on their deployment of the NetPlayer HD incorporating Sigma's SMP8671 SoC, CG2210 HomePlug AV with ClearPath, and Z-Wave home control technology," said Sal Cobar, vice president of worldwide sales and marketing at Sigma Designs. "Sigma is a one-stop-shop for the best-in-breed in connected home solutions. The result is a fi rst-class product built with outstanding technologies."
"We view Sigma Designs as a valued and strategic partner," said Patrice Fryson, CEO of LEA. "Together, we provide exceptional products in the broadband and home networking market."
A demonstration of the LEA NetPlayer HD can be viewed at Broadband World Forum, October 16th to the 18th Booth F57, Hall 7 in Amsterdam. For more information, visit www.sigmadesigns.com
About Sigma Designs
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, DTV, connected media players, residential gateways, home control systems and more. For more information about Sigma Designs, please visit www.sigmadesigns.com.
Sigma Designs, Secure Media Processor, 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 set top boxes in general and Sigma's SMP8671 and CG2210 chipsets, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, the ability of its SoCs to compete with other technologies or products in these markets as well as other risks that are detailed from time to time in Sigma's SEC reports, including its quarterly report on Form 10-Q as filed September 10th, 2012. 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 publically 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.
Press Contacts: Mary Miller Sigma Designs +1-408-957-9885 Mary_Miller@sigmadesigns.com
Edward McGregor Investor Relations Sigma Designs +1 (646) 259-2999 IR@sigmadesigns.com