MILPITAS, Calif. —April 29, 2013— Sigma Designs® (NASDAQ: SIGM), a leading provider of system-on-chip (SoC) solutions for home entertainment, connectivity and converging multimedia delivery, today announced advanced networking supplier ZTE, has chosen Sigma Designs’ new G.hn CG5200 family of chipsets for its H505 series of powerline network adapters.
The CG5200 enables a fully self-installable home entertainment network for the distribution of Triple Play and IPTV over existing in-home powerline, coax and phone line wires. Complying with the latest ITU G.hn specifications Sigma’s G.hn CG5200 chipsets exhibit highest levels of coverage and throughput over powerline even through surge protected power strips and multiples phase environments.
Consumers today face a mix of non-interoperable home networking technologies across the various wired media in the home. G.hn offers a single open international standard for establishing high bandwidth communications across all existing wires. With Sigma Designs’ CG5200, every power outlet, coaxial outlet and phone jack in the home becomes a network connectivity point on the same network, providing consumers with convenience and flexibility. This enables traffic to be delivered seamlessly over any wired medium in the home.
The ZTE H505 adapters feature a built-in power outlet design that replaces the wall outlets that are normally blocked when the adapter is plugged in. This allows consumers extra flexibility and convenience in deploying a reliable and high performance home network for streaming high-definition videos, music and other rich digital multimedia content.
“As a leader in providing global communications solutions, ZTE is excited to announce Sigma Designs as our preferred technical partner of home networking solutions. We feel that our H505 products benefit from Sigma’s robust hardware. We feel that the CG5200 will give consumers a better user experience.” says Yue Zhu, ZTE Director of home networking.
“We are extremely delighted to have ZTE use our second generation G.hn chipset for their newest and most advanced powerline adaptor. The CG5200 was built with service providers’ and consumers’ real-world challenges in mind,” said Gabi Hilevitz, Sigma Designs’ vice president and general manager Home Connectivity business unit. “ZTE is an experienced networking equipment manufacturer with a strong Chinese and international footprint, and their selection of our G.hn CG5200 family of chipset for their next generation products is an expression of confidence in Sigma Design’s technological leadership in this area.”
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.
ZTE Corporation is a leading global provider of telecommunications equipment and network solutions. Through its network of operators across 140 countries, the company delivers innovative products and business solutions. It connects global customers via voice, data, multimedia and WLAN. Founded in 1985, ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges and is China’s largest listed telecoms equipment company.
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 CG5200 media processors, 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 December 6, 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 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.