Hi-Val To Use Sigma Designs' REALmagic DVD Decoder in New DVD Kits Business Editors, Hi-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--June 17, 1998--
Sigma Designs, Inc. (NASDAQ:SIGM), a leader in digital video solutions for personal computers, today announced that Hi-Val, Inc., a leading supplier of DVD-ROM upgrade solutions, has selected the Sigma REALmagic DVD/MPEG-2 playback card based on Sigma's silicon for DVD decoding in its latest DVD upgrade kits. The kits include Hi-Val's new DVD-RAM upgrade kit and high performance DVD-ROM kit. In addition, Hi-Val will market the card to the retail channel for combination with any DVD drive.
The groundbreaking DVD-RAM kit, known as the "Entertainment Solution Kit," is expected to be the industry's first DVD-RAM upgrade kit. In addition to playing DVD-ROMs, CD-ROMs, CD-R and CD-RW disks at 20X speed, the DVD-RAM kit will permit recording and playing up to 5.2 GB of data on DVD-RAM discs. Consumers will be able to use the DVD-RAM kit to back up copies of DVD and CD-ROM titles, to create home movies, and archive family information. Computer users will be able to use the kit to back up their hard disks and even create high-capacity removable disks. [NOTE: The DVD-RAM kit does not include an encoder. I wonder whose silicon Hi-Val will use for MPEG-2 encoding?]
The selection of the REALmagic Hollywood Plus card by Hi-Val is the latest in a series of design wins for Sigma's Hollywood DVD upgrade technology. Based on Sigma's feature-packed EM8300 decoder IC, the card turns a PC into a full-featured DVD player that fully exploits all of the spectacular digital video and Dolby digital surround-sound capabilities of the DVD format. The Hollywood Plus card plays DVD movies at high resolution without burdening the computer's processor.
"Sigma's Hollywood Plus offers many more features than other comparable DVD playback cards, enabling Hi-Val to maintain its position on the industry's leading edge," commented Mark Vakili, CEO of Hi-Val. "Hi-Val has built its success by partnering with industry leaders such as Sigma Designs for its cutting edge products."
"Hi-Val is a clearly established leader as a retail supplier for DVD and other multimedia solutions," added William K. Wong, Vice President, Marketing for Sigma Designs. "Hi-Val's selection of our silicon for DVD decoding is an endorsement of Sigma's technology and market presence. Hi-Val's strong retail relationships will help us continue our expansion into the computer retail channel. The Company believes that this relationship with Hi-Val, along with our DVD upgrade business with Sony, Phillips, Panasonic, and Guillemot gives us a foothold in the upgrade market, as we target the installed base of 100 million Pentium PCs."
Sigma's solution works with any standard 133 MHz system without requiring a specialized graphic adapter and fully complies with DVD specifications. This makes it the ideal choice for PC manufacturers and DVD upgrade kit providers. The REALmagic Hollywood Plus DVD card includes device drivers and Sigma Designs' DVD Station, an easy to use program for DVD navigation and control. With DVD Station, PC users can take full advantage of every interactive DVD feature, using simple VCR-like controls to choose sound track and subtitle language, select viewing aspect ratios, and change viewing angles. The user interface is intuitive and easy to navigate. Users can also interact with DVD Station menus to exercise parental control and execute search commands.
About Hi-Val: Hi-Val, Inc. is one of the fastest growing high-tech companies in the USA. Hi-Val is located in Santa Ana, California and offers a wide range of multimedia solutions. By working with multiple manufacturers, Hi-Val combines the latest quality 24X, 32X, 36X and 40X CD-ROM drives with the highest quality soundcards and top selling CD software. A variety of CD-recorders, CD changers, DVD-ROM drives, graphics accelerators and wireless products, and business software applications are also part of Hi-Val's expanding product line. For more information, contact Hi-Val at (714) 953-3000. For press information, please contact Kristin Nerup at Imagio Public Relations at (206) 625-0252 or kristin@imagio.com.
About Sigma Designs: Sigma Designs entered the multimedia market in 1993 with products based on the MPEG (Moving Picture Experts Group) standard for compressing and decompressing digital audio and video signals. Since then, Sigma has been a driving force behind advancement of the MPEG technology used in most multimedia products on the market today. Sigma Designs' products include affordable MPEG video and audio decoding hardware. All Sigma Designs' products are sold worldwide through a network of dealers, distributors, and original equipment manufacturers (OEMs). For additional information, call 800/845-8086 or 510/770-0100, fax 510/770-2640, or visit Sigma's web site at sigmadesigns.com
This press release contains forward-looking statements, including statements regarding the PC-DVD market and the features and potential growth prospects of certain DVD/MPEG-2 products offered by the Company in this market, that involve risks and uncertainties. Actual results of Sigma Designs may vary materially due to a number of factors including, but not limited to, the levels of orders from and the risk of cancellation of orders by significant customers, the ability of the Company's REALmagic EM8300 DVD/MPEG-2 decoder to compete with other technologies in these emerging markets, the risk that such product will not gain widespread acceptance or will be rendered obsolete by product offerings of competitors or by alternative technologies, and the risk that the Company will not meet price or time-to-market estimates due to production, manufacturing, or other delays.
Editors and Analysts: For further information, photographs and interviews please contact S&S Public Relations, Inc.
CONTACT: S&S Public Relations, Inc. Lauren Finkelman/Emily Armanetti Tel: 800/287-2279 Fax: 312/266-8247 lauren@sspr.com/emily@sspr.com or Sigma Designs, Inc. Carol Kaplan Tel: 510/770-2991 Fax: 510/770-2640 carol_kaplan@sdesigns.com |