Sigma Designs and Inango Systems Dramatically Reduce Capital Costs for MDU Broadband Access Deployments

Inango’s iMMS With Sigma’s Chipset Speeds Deployment of High-Speed Internet, IPTV, VOD, and Internet Access for MDUs

MILPITAS, Calif.--(BUSINESS WIRE)-- Sigma Designs, Inc. (NASDAQ:SIGM), a leading provider of System-on-Chip (SoC) technology for delivering entertainment and control throughout the home, today announced that its CG3210M and CG3310M Chipsets enable leading broadband equipment supplier Inango Systems to deliver high-performance broadband access solutions for Multi-Dwelling Units (MDUs) for as little as 10 percent of the cost of current solutions. Now, service providers can deliver advanced IP services that include IPTV, VoD, and VoIP to their customers at a lower cost.

MDUs, which include apartment buildings, hospitals and dormitories, and hospitality environments such as hotels and casinos, present special challenges for service providers. For example, a significant portion of the cost associated with providing advanced IP services to MDUs is the amount of the infrastructure required, specifically installing new cabling in hotels and MDUs. The Inango iMMS solution uses Sigma’s HomePNA® chipsets, which allow use of existing coax to provide high levels of connectivity with almost no installation effort. As a result, service providers using Inango’s products get a turnkey solution that can be used to rapidly roll out high-performance broadband services at a greatly reduced price point.

Inango’s iMMS software provides a broad solution for HomePNA management, diagnostics, and configuration alongside many advanced networking functions such as field upgrades, security, VLAN’s, QoS, and more.

“For many MDU deployments, service providers needlessly spend a lot of money on complex architectures that are completely unnecessary,” said Jonathan Masel, Inango’s CEO. “We have a better way. By leveraging Sigma’s HomePNA technology, we help service providers use existing infrastructure to reduce install times and get their services up so they can generate revenues faster and more easily. In real-world examples, customers are already recovering the cost of the equipment from monthly revenues generated by accelerating their installation time.”

Sigma’s broadband access chipsets give equipment manufacturers and integrators like Inango an affordable, flexible, easy-to-install solution for delivering advanced IP services across distributed network environments. With HomePNA technology, Sigma’s chipsets make it easy for a service provider to service an entire mid-sized MDU deployment. As with Inango, their service provider customers save enormous resources and operational expense while doing so.

“This solution demonstrates Sigma’s HomePNA solution as the most cost-effective way to quickly deploy broadband services that require multiple content streams,” said Gabi Hilevitz, vice president and general manager of Sigma Designs’ Home Connectivity Group. “Working with Inango is a great opportunity for us. The Inango management system and our connectivity solution complement each other perfectly.”

Availability

The third-generation CG3210 Chipset is available now. More information on this innovative solution for set-top boxes can be found at http://www.sigmadesigns.com/solutions_subcat.php?id=27#%23%23.

Key Facts

• Sigma Designs is the leading provider of HomePNA chips available on the market today
• Inango Systems iMMS is the most affordable broadband access solution available for MDUs today
• Inango Systems iMMS is the first “plug-and-play” solution for MDUs allowing for multiple services, such as IPTV, VOD, and High-Speed Internet, to run over the existing infrastructure. It does not require porting or integration for immediate usage

Tags/Keywords: Sigma Designs, SIGM, HPNA, G.hn, Inango Systems, IPTV, MDU, CG3210, CG3310, Set-top box, HDMI, VOD, VoIP, home networking

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), Israel, Japan, Singapore, Taiwan and distributors in Korea, Russia and India. For more information, please visit Sigma Designs' web site at www.sigmadesigns.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 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 IPTV, MDU, and hybrid cable/IP thin clients 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 September 8, 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.

CONTACT:

Sigma Designs, Inc.
Layla McHale, +1-408-240-7632
Layla_m@sdesigns.com
or
Sterling Communications, Inc. for Sigma Designs, Inc.
Jay Nichols, +1-415-992-3210
jnichols@sterlingpr.com

KEYWORDS:   United States  Europe  North America  California

INDUSTRY KEYWORDS:   Technology  Consumer Electronics  Hardware  Networks  Audio/Video  Semiconductor  Mobile/Wireless  VoIP

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