Sigma Designs to Showcase NeoVue™ – Wireless Display-to-Display Technology at CES 2010
Plug-and-Play Platform Easily Transports HD Multimedia from Notebook/Netbook to HDTV or Projector in 1080p
2010 International CES
MILPITAS, Calif.--(BUSINESS WIRE)--Sigma Designs (Nasdaq:SIGM), a leading provider of system-on-chip (SoC) solutions used to deliver entertainment and control throughout the home, today announced the availability of the NeoVue™ transmitter/receiver platform designed to wirelessly transport audio/video (AV) and texts from notebooks or netbooks and display them in rich 1080p on a HDTV. In addition, NeoVue supports the VGA projector standard to allow wireless display collaboration in meetings. Product demonstrations are available at this week's CES 2010 Show, Thursday, January 7 through Saturday, January 9 at Sigma's hospitality suite located at the Las Vegas Hilton, Suite #2990.
With the increase of multimedia being stored locally on computers, along with the increase of online content such as Youtube, Hulu and Netflix, the need for a clear solution to wirelessly stream high definition content to a HDTV or projection display is growing. Consumers would rather share their photos, video and internet contents with other family members on a high quality HDTV than on a small display of a notebook or netbook. The NeoVue platform aims to solve this problem with its easy plug-and-play and affordable transmitter and receiver.
The NeoVue platform includes both a transmitter with a USB dongle, based on Sigma's Coair™ wireless chipset, and a receiver that connects to a HDTV via a HDMI connector or to a projector via VGA connector. The transmitter captures the display and audio of the multimedia being displayed, encodes the media and sends it to the NeoVue receiver wirelessly to display in full 1080p on a HDTV or projection display.
"As the notebook and netbook market continues to grow, along with the popularity of over-the-top content and internet applications, the consumer desire for an affordable solution that can transfer high definition quality content from a small display to a HDTV or HD projector grows right along with it," said Hung Nguyen, general manager and vice president of Connected Home Technologies division at Sigma Designs. "Sigma's NeoVue platform addresses this emerging market and enables consumers to enjoy their content on a TV with 1080p full HD without any wires in between and provides them the best-in-class wireless display-to-display technology."
NeoVue uses standards based encoding (H.264/MPEG2) over standards based wireless link (ECMA-368 and ECMA-369 ISO recognized standard) with IP-based communication.
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.
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, 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.