Service Providers and Original Equipment Manufacturers Gain a Viable MoCA 2.0 IP Set-top Box Solution; Putting them on the Leading Edge of Connected Home Entertainment Technology
CHICAGO, (The Cable Show – Booth #563), June 15, 2011 — Entropic Communications, Inc. (Nasdaq: ENTR), a leading provider of silicon and software solutions to enable connected home entertainment, and Zoran Corporation (NASDAQ: ZRAN), a global leader in semiconductors for consumer electronics, today announced their collaboration to speed the development of cost-effective MoCA® (Multimedia over Coax) 2.0-enabled IP-based set-top-boxes (STBs). This alliance enables service providers and their original equipment manufacturers (OEMs) to harness the power of MoCA 2.0 – the fastest performing, most reliable home networking standard for whole-home distribution of high-definition (HD) multimedia content.
As service providers move to IP gateway/client architectures in the home, MoCA 2.0 will become the standard requirement in next-generation STBs – as future bandwidth-intensive services and applications will require a high throughput, 'no excuses' backbone network that only MoCA 2.0 can support.
The Zoran/Entropic reference design leverages the highly-integrated and optimally-suited Zoran SupraXD® 288 processor with Entropic's complete MoCA 2.0 silicon and software solution—to enable a new generation of client products with enhanced flexibility, high speed performance and backward interoperability to existing MoCA 1.1 networks—all at the lowest possible system cost.
"We are continually pushing the boundaries in the set-top-box market, and our partnership with Entropic offers breakthrough products that will create the most dependable whole-home distribution network using the existing coaxial cable infrastructure," said Ram Ofir, senior vice president of Home Entertainment Division at Zoran. "By working with Entropic on next generation MoCA 2.0 IP set-top-boxes, we can offer performance-leading solutions that will serve the operators' needs of today as well as future applications."
Advantages of a MoCA 2.0 IP media gateway include an extremely reliable, high throughput connection that is fully backwards interoperable with previous MoCA 1.x investments; allowing for the seamless deployment of new operator services, from multi-room DVR and backbone Wi-Fi extension to whole-home personal content sharing and immediate access to online applications from any TV in the home, with zero hiccups.
"Our cooperation with Zoran allows us to bring-to-life the service provider vision of the gateway/client architecture," said Vinay Gokhale, senior vice president of Marketing and Business Development at Entropic Communications. "Our MoCA 2.0 reference platform changes the service provider paradigm, allowing them to offer new revenue-generating services and applications that ultimately take advantage of the speed, capacity and affordability delivered by a MoCA 2.0-based IP client set-top-box."
In addition to its collaboration with Zoran, Entropic has developed an active MoCA 2.0 ecosystem, delivering innovative solutions that enable Pay-TV service providers to optimize subscriber value. Entropic will be highlighting many of these solutions at The Cable Show 2011, booth #563, June 14-16, at McCormick Place in Chicago.
For more information on Entropic, visit: www.entropic.com.
About Zoran Corporation
Zoran Corporation, based in Sunnyvale, California, is a leading provider of digital solutions for the digital entertainment and digital imaging markets. With over two decades of expertise developing and delivering digital signal processing technologies, Zoran has pioneered high-performance digital audio and video, imaging applications and Connect Share Entertain technologies for the digital home. Zoran's proficiency in integration delivers major benefits for OEM customers, including greater capabilities within each product generation, reduced system costs, and shorter time to market. Zoran-based DTV, set-top box, broadband receiver (silicon tuners), digital camera, and multifunction printer products have received recognition for excellence and are now in hundreds of millions of homes and offices worldwide. With headquarters in the U.S. and additional operations in China, France, Germany, India, Israel, Japan, Korea, Taiwan, and the U.K. Zoran may be contacted on the World Wide Web at www.zoran.com or at 408-523-6500.
Zoran, the Zoran logo, and SupraHD, are trademarks and/or registered trademarks of Zoran Corporation and/or its subsidiaries in the United States or other countries. All other names and brands may be claimed as property of others.
About Entropic Communications
Entropic Communications, Inc. (NASDAQ:ENTR) is a leading fabless semiconductor company that is engineering the future of connected home networking and entertainment by providing next-generation silicon and software technologies to the world's leading cable, telco and satellite service providers, OEMs and consumer electronics manufacturers. As a co-founder of MoCA (Multimedia over Coax Alliance), Entropic pioneered and continues to evolve the way high-definition television-quality video and other multimedia and digital content such as movies, music, games and photos are brought into and delivered throughout the home. For more information, visit Entropic at www.entropic.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding Entropic's leadership in providing MoCA enabled technology, and continued or future integration of Entropic's technology into products of OEMs, and statements regarding Actiontec's leadership in delivering MoCA enabled devices in conjunction with Entropic products or in any of the applications or markets mentioned herein, and statements regarding the anticipated benefits from the collaboration between Entropic and Actiontec. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's and/or Actiontec's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, the success of the collaboration between Entropic and Actiontec, which will depend, in part, on each company continuing to devote sufficient resources to achieve the goals of the collaboration; the ability of both Entropic and Actiontec to successfully address technical challenges and introduce new and enhanced products on a timely basis; risks associated with market acceptance of new products developed by Entropic and Actiontec; the risk that the market for high-definition television-quality video and multimedia content delivery solutions may not develop as anticipated; the effect of intellectual property rights claims; the effects of competition, including the risk that other wireline or wireless technologies may achieve greater market acceptance than solutions developed by Entropic or Actiontec; and other factors discussed in the "Risk Factors" sections of Entropic's Quarterly Report on Form 10-Q for the three months ended March 31, 2011. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic and Actiontec are providing this information as of the date of this release and do not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
Entropic Contacts:
Investor Contact:
Debra Hart
Director, Investor Relations
858.768.3852
debra.hart@entropic.com
Media Contact:
Robbin Lynn Chris Fallon
Marketing Communications Manager
858.768.3673
robbin.lynn@entropic.com
Chris Fallon
Ruder Finn for Entropic Communications
212.715.1691
fallonc@ruderfinn.com
