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Over 100,000 Indian Cricket Fans See First Ever Live 3D Event on the moviebeam Platform, Supported by Sigma Designs Solutions

^{Published on 2010-06-01 18:41:30 - Market Wire}
 

TAIPEI, Taiwan--([ 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 that over 100,000 Indian Premiere League (IPL) Cricket fans in India swarmed to 3DTV-enabled movie theaters to watch live Cricket Semi-finals and final broadcasts that were processed by Sigma Designs SMP 8634 chipsets.

"We have partnered with Sigma Designs for a long time, and in the process, continuously and successfully innovated on the moviebeam platform to deliver compelling content to viewers in theatres, bars and hotels"

Valuable Group has brought the first-ever live 3D sports broadcast in India on their moviebeam platform. This initiative will change the way Indians view sports. The last 4 matches of the recently concluded Indian Premier League were beamed live via satellite, directly to movie theaters and public venues, played on the moviebeam high definition media device based on the Sigma Designs 8634 chipset.

aWe have partnered with Sigma Designs for a long time, and in the process, continuously and successfully innovated on the moviebeam platform to deliver compelling content to viewers in theatres, bars and hotels,a said Mr. Ameya Hete, Executive Director of Valuable Group. aWith our continued partnership with Sigma Designs, we plan to roll out several more initiatives on the moviebeam 3D ready platform, as well as upgrade our existing network to 3D.a

a3DTV is a global phenomenon and Sigma Designs is best positioned to help innovative companies capitalize on the trend,a said David Lynch, Vice President and General Manager of the Media Processor Group. aSigma Designs has made significant investments in 3DTV technology. Today our existing 8630, 8640 and 8650 series all support 3DTV.a

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 regarding the future potential of the SMP8634 as a solution for creating 3DTV experiences or the viability of Sigma Designs chipsets for use in 3DTV broadcasts. 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 home control market in general, the ability of the integrated home control solution to compete with other technologies or products in this emerging market as well as other risks that are detailed from time to time in Sigmaa™s SEC reports, including its quarterly report on Form 10-K as filed April 1, 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.