SOURCE: Sigma Designs

Sigma Designs

September 20, 2011 09:00 ET

Sigma Designs SMP8670 Delivers Winning Edge for TV of the Year Awards

Industry Leader Dune HD Receives Top Honors From ConnectedWorld.TV With Sigma-Based System

MILPITAS, CA--(Marketwire - Sep 20, 2011) - Sigma Designs, the leader in connected media platforms, today announced that the Company's SMP8670 provided a competitive advantage for one of its key partners by helping Dune HD win the coveted Connected TV of the Year award from ConnectedWorld.TV. The winning product was the Dune HD TV-101 from Dune HD, the European Union and CIS leader in media players. The award was presented at the ConnectedWorld.TV Awards in Amsterdam, the Netherlands.

"From an illustrious list of well-known brands, the readers of ConnectedWorld.TV selected the Dune HD TV-101 as the Connected TV of the Year," said Neil Nixon, managing editor of ConnectedWorld.TV, the industry's leading portal for the multi-screen video environment.

Dune HD TV-101 is a compact, hybrid universal media player and set-top box that allows playback of standard and high definition video (up to full HD 1080p) and supports digital TV program reception. The TV-101 has an ultra-compact size, elegant modern design and modest price. The product can receive content from a PC, NAS or directly attached storage (HDD, USB Flash drives or card readers) and from the Internet. The device also can upscale DVD or SD video content to full HD (1080p) or other HD resolution. The TV-101 supports digital TV via a USB dongle.

"The SMP8670 is a perfect chip for delivering advanced media players and set-top boxes at an affordable price," said Dr. Konstantin Dyshlevoy, Chairman and CEO of Dune HD. "Now, every possible video, music or photo file can be played -- delivering a real entertainment center in the home."

The SMP8670 is the latest media processor platform from Sigma Designs. The new chip runs at 700 Mhz and delivers a 40% increase in performance while reducing power requirements 30% from previous generations.

"The SMP8670 platform was the critical differentiator for this product," said David Lynch, Vice President and General Manager of the Media Processor Business Unit at Sigma Designs. "The way that this product continues to perform underscores the quality, importance and relevance of cutting-edge digital media functionality for today's advanced media environments."

About Dune HD
Dune HD is the European Union and Commonwealth of Independent States (CIS) leader in connected media players. Based in Duisburg, Germany, Dune delivers a full line of media players based upon Sigma Designs chipsets. The company sells IPTV, VoD and OTT set top boxes to Telcos across Europe, Russia, Ukraine and throughout Asia, and media players and digital signage to retail stores worldwide.

About Sigma Designs, Inc.
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, connected media players, residential gateways, home control systems and more. For more information about Sigma Designs, please visit www.sigmadesigns.com.

Sigma Designs 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 of Dune HD-based media players or Sigma Designs SoCs in general. 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 September 8, 2011. 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.

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