SOURCE: CopperGate Communications, Inc.

CopperGate Communications, Inc.

January 05, 2010 09:00 ET

Sigma and Gigafast Announce HomePlug AV Solution Based on New CopperGate CG2110 Chipset

MILPITAS, CA--(Marketwire - January 5, 2010) - CopperGate, a wholly-owned subsidiary of Sigma Designs (NASDAQ: SIGM), a leading provider of system-on-chip (SoC) solutions used to deliver entertainment and control throughout the home and Gigafast, a leading ODM supplier of HomePlug solutions to OEMs have jointly announced Gigafast is developing HomePlug AV bridges based upon the high performance CopperGate CG2110 Chipset. The new Gigafast HomePlug AV adapters will enable OEMs to deliver high performance, low power, low cost, powerline communications (PLC) solutions to retail consumers.

The new device is based upon the new ultra-green CopperGate HomePlug CG2110 chipset, which is real-world optimized to deliver higher throughput, wider coverage, easier set-up and uses as little as half the power as solutions based on competitive chipsets.

Executive Quotes:

Jay Cheng, CEO Gigafast

"We have been pleased to work with the CopperGate team at Sigma. They are delivering the right solution at the right time with the right price. We couldn't be happier with our relationship."

Gabi Hilevitz, CEO CopperGate

"Gigafast is a great partner. They are one of the leading experts in powerline solutions and have worked closely with us to ensure we are delivering the best overall solution to our shared OEM customers.

"The CopperGate HomePlug AV solution from Sigma delivers excellent performance, complete HomePlug AV 1.1 compatibility and is ultra-green -- cutting power in half compared to competitors."

Highlights/Key Facts

--  Sigma's CopperGate is a leading IPTV chipset provider with over 12
    million home entertainment networking chips installed and 20,000 new
    network-based devices being installed every business day.
    
--  The CopperGate CG2110 is the first HomePlug AV chipset from the company.
    It delivers 200 Mbit/s of PHY layer performance, the widest coverage and
    the highest throughput -- especially in real-world situations.
    
--  The HomePlug AV CG2110 Chipset consumes as little as half the power of
    rival solutions and fully complies with energy efficiency standards such as
    the European Commission's Code of Conduct on Energy Consumption of
    Broadband Equipment.
    
--  Gigafast is one of the leading powerline ODMs.
    
--  CopperGate, a wholly-owned subsidiary of Sigma Designs, is the only
    company whose standards-based chipsets enable carrier-class distribution of
    broadband digital content over all three types of existing wires in the
    home: coax, phone, and power. The company sells its technology to OEMs who
    build solutions for multimedia home networking and multi-dwelling unit
    (MDU) broadband access markets. CopperGate's chips are used in set-top
    boxes, residential gateways, optical network terminators and Ethernet
    bridges.  CopperGate is headquartered in Tel Aviv, Israel with offices in
    the United States, Taiwan, Korea, China, Japan, and Brazil. Please visit:
    http://www.copper-gate.com.
    

Links:

HomePlug

About Sigma:

Sigma Designs is a leading fabless semiconductor provider of highly integrated system-on-chip (SoC) solutions that are used to deliver entertainment and control throughout the home. SoC solutions include media processing, wired and wireless networking, video image processing, and home control along with system software to form the critical components of consumer electronic products that include Internet protocol TV (IPTV) set-top boxes, Blu-ray players, high definition televisions (HDTV), and media communication devices. Headquartered in Milpitas, Calif., Sigma Designs has direct sales representatives in the United States, Brazil, China, Europe (Denmark), Israel, Japan, Taiwan and a third-party distributor in Korea. For more information, please visit Sigma Designs' web site at www.sigmadesigns.com.

About GigaFast

GigaFast is a leading manufacturer in home networking and powerline communications products. Current GigaFast OEM/ODM clients consist of top consumer electronic brands in the world as well as very promising start-up companies, aspiring to have top-quality powerline communication products. With a dedicated engineering team, GigaFast has developed a complete range of innovative products covering multiple powerline communication applications. With over 12 years of networking manufacturing experience and customer service, GigaFast is an expert in OEM and ODM projects, customizing powerline communication solutions to our clients' specifications. For more information, visit www.gigafast.com.

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, growing demand from consumers, projected timing and availability of solutions, and the expected use of Sigma's products. Actual results could vary materially from those projected in any forward-looking statements included herein as a result of various factors, including, but not limited to, worldwide economic conditions, the rate of growth of the market, changes in the customer's ability or desire to incorporate Sigma's chipsets and software into its product, consumer reaction to the new products and services being offered, the ability of Sigma to deliver sufficient quantity and quality of its chipsets, alternative offerings by competitors, and the ability of the parties to work together successfully to achieve the rollout of this new product. 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.

Trademarks: CopperGate is a Sigma Designs trademark in the U.S.A. and other countries. Sigma is a trademark or registered trademark of Sigma Designs in the U.S.A. and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.

Contact Information

  • Media Contact:
    CopperGate
    Michael Weissman
    (510) 656 8500
    Email Contact

    Rainier Communications
    Karen Quatromoni
    (508) 475-0025 x150
    Email Contact