SOURCE: Sigma Designs

December 14, 2010 09:00 ET

Sigma Designs HomePlug AV With ClearPath Wins TV Innovation Award

Breakthrough Powerline Communications Technology Touted for Unprecedented Home Networking Capabilities

MILPITAS, CA--(Marketwire - December 14, 2010) - Sigma Designs (NASDAQ: SIGM), a leading provider of system-on-chip (SoC) solutions for delivering entertainment and control throughout the home, today announced that its HomePlug AV® with ClearPath™ technology has won the TV Innovation Award in the category of "Home Networking." The award, Sigma's third for HomePlug AV with ClearPath, was announced during the TV 3.0 -- Innovations in TV Content & Delivery show, held December 7-8 in Los Angeles.

Sigma's HomePlug AV with ClearPath is a breakthrough home networking technology that enables unprecedented, carrier-class streaming of HD video, voice, and data over existing powerlines in the home. Sigma's chipset uses all three wires -- phase, neutral, and ground to deliver improved performance and up to twice the throughput. It is the only MIMO (multiple in, multiple out) solution currently available over powerline. Conforming to the universal HomePlug AV standard, Sigma's HomePlug AV with ClearPath has the unique ability to deliver triple play, whole-home DVR, HDTV, and 3DTV to every power outlet within the home -- even within multi-phased homes, across surge protectors, and through EMI filters.

"We developed ClearPath technology to make reliable powerline communications a reality," said Gabi Hilevitz, vice president and general manager of Sigma Designs' Home Connectivity Group. "This award reaffirms our commitment to deliver cutting edge product innovation that will help our customers offer broad and consistent support for distributing content throughout the home."

About the Television 3.0 Award
As the TV industry evolves to a true on-demand experience, with users able to access extensive libraries of content to be viewed at a time and place, and on the device of their choosing, many new challenges and opportunities are presented. The goal of the TV Innovation Awards is to recognize the most forward thinking companies that are creating products and services that are driving this new TV paradigm. Award submissions are judged by an independent panel of industry experts and administered by IMS Research.

Tags/Keywords: Sigma Designs, SIGM, wired home networking, HomePlug AV, ClearPath, Television 3.0

About Sigma Designs, Inc.
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, gateways, Blu-ray players, and media communication devices. Headquartered in Milpitas, Calif., Sigma Designs has direct sales representatives in the United States, Brazil, China, Europe (Denmark and France), Israel, Japan, Singapore, Taiwan and distributors in Korea, Russia and India. For more information, please visit Sigma Designs' web site at www.sigmadesigns.com.

Sigma Designs, HomePlug AV, ClearPath, 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 continuance of the current economic conditions specific to the semiconductor industry, the rate of growth of the HomePlug AV with ClearPath markets in general, the ramp in demand from Sigma's set-top box and telecommunication customers, Sigma's ability to deploy and achieve market acceptance for Sigma's products in these markets, the ability of its SoCs 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 quarterly report on Form 10-Q as filed December 7, 2010. 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.