Groundbreaking Home Networking Products and Embedded Technology Recognized by 2012 Communications Technologies Platinum Awards
MILPITAS, California - October 31, 2012 - Sigma Designs (NASDAQ: SIGM), a leading provider of System-on-Chip (SoC) solutions for home entertainment, connectivity and control, and Comtrend a leader in advanced networking solutions, announced that Comtrend PG9141sPowerline Single Port Adapter with Sigma Designs' HomePlug AV with ClearPath have won the 2012 Communications Technologies Platinum Award in home networking announced at the 2012 SCTE Cable-Tec Expo in Orlando.
Powered by SigmaDesigns' CG2210 HomePlugAVchipset with ClearPath technology, Comtrend's PG9141sPower Adapter ensures Plug and Play installation and unrivaled data transfer quality. Sigma's CG2210 chipset is ideal for home networking by allowing data transfer over the powerline at a PHY layer rate of up to 200 Mbps. It enables the use of all three wires in a powerline network to achieve extended coverage and higher throughputs to multiple points within the home. Comtrend's PG-9141s is a departure from business as usual in the Powerline market. ClearPath makes this a game-changing product, allowing improved coverage and throughput even through surge protected power strips and multiple phases.
"Winning the 2012 Platinum Award from Communication Technology in Home Networking is an unexpected honor. 2012 has been Comtrend's groundbreaking year in the home networking market. To take a win right out of the gate with our PG-9141s Powerline Adapter is a credit to our team and the advisement from our knowledgeable customers. This is further evidence that Comtrend's bold approach with new and diversified solutions is helping to shape the evolving landscape for home and business networks," said John DiFrenna, vice president of sales & marketing, Comtrend Americas.
"HomePlugAV with ClearPath is a remarkable technology, and receiving this award further substantiates the recognition to our innovative approach in every home networking technology area developed by Sigma," said Gabi Hilevitz, vice president and general manager of Sigma's Home Connectivity unit. "We are very pleased with our partnership with Comtrend and are happy for them for winning this prestigious award".
Communications Technology Platinum Awards winners were announced at the Rosen Plaza Hotel in Orlando on October 17, 2012, at the SCTE Cable-Tec Expo. For further information, visit: http://www.cable360.net/ct/ctplatinumawards/winners2012/
Founded in 1990, Comtrend has become one of the leading global providers of advanced networking solutions. Totaling more than 20 million CPE and new software services, Comtrend is the technology partner of choice for carriers worldwide. Comtrend designs, manufactures, and markets a wide range of networking equipment consisting of bonded DSL, both ADSL2+ and VDSL2,as well as GPON, STBs, VOIP and home networking technologies. Bringing value to consumers through our service provider customers across the world, Comtrend is committed to industry standards, interoperability and market-leading performance. Comtrend's vision is to bring people together with technology through a focus on innovation and superior service. The company has its North American headquarters in Irvine, California. For more information please visit http://www.comtrend.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, the market acceptance of Comtrend's PG9141s and Sigma's CG2210 chipset, the ability of Sigma's chipsets to compete with other technologies or products in its target 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 Tel: +1-408-957-9885 Email: Mary_Miller@sigmadesigns.com