Alliance Broadband to Deploy Technology for Delivery of IP-Based Services to Customers
MILPITAS, CA--(Marketwire - September 3, 2012) - Sigma Designs (NASDAQ: SIGM), a leading provider of System-on-Chip (SoC) solutions for Ethernet-over-Coaxial cable (EoC) last-mile access, home entertainment connectivity and control, today announced that Alliance Broadband Services, Eastern India's first ISO accredited broadband service provider, has selected Sigma's CG3210M and CG3310M HPNA Fast Ethernet-Over-Coax (Fast EoC) chipset for delivery of IP-based services such as broadband, Video-on-Demand (VoD) and Voice-over-IP (VoIP) over its existing last-mile coaxial cable infrastructure.
"Since we were founded in 2003, we have become one of the leading independent ISPs in Eastern India offering high-speed Internet to both residential and corporate customers," said Mr. Abhijit Modak, director of Alliance Broadband Services Pvt. Ltd. "We selected Sigma's HPNA Fast EoC technology because it allows us to deliver IP data, voice, and video to our customers, over our existing Coaxial infrastructure, ultimately resulting in a greatly expanded service offering at a significant cost savings."
Sigma Designs is the leader in IPTV over coax and phone lines, boasting greater than 35 million chips shipped to date. Currently, there are more than 30 service providers using this technology.
"Sigma's Fast EoC technology allows cable and Internet service providers in India to use the existing last mile coaxial infrastructure to deliver both TV and IP-based services without the need for expensive cable retrofitting," said Gabi Hilevitz, vice president and general manager, Home Connectivity Group of Sigma Designs. "This HPNA standard based technology for MDU/EoC implemented by our chipsets is essential in enabling companies such as Alliance Broadband to bring fast and affordable connectivity and a multitude of IP based services to their customer bases."
For more information on Sigma Designs' Fast EoC technology, visit www.sigmadesigns.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, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, including the home connectivity market, the ability of its SoCs to compete with other technologies or products in these markets as well as other risks that are detailed from time to time in Sigma's SEC reports, including its report on Form 10-Q as filed June 7, 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
+1-408-957-9885
Mary_Miller@sigmadesigns.com
Edward McGregor
Investor Relations
Sigma Designs
+1 (646) 259-2999
IR@sigmadesigns.com
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