TAIPEI, TAIWAN -- (Marketwire) -- 06/04/12 -- Sigma Designs (SIGM), a leading provider of System-on-Chip (SoC) solutions for home entertainment, connectivity and control, today announced the release of its SMP8674 media processor. The latest member of SMP8670 product family delivers solid performance and advanced features at an aggressive price point for OEMs and ODMs. The flexible SMP8674 can be configured to address multiple markets including hybrid IPTV Set-Top Boxes (STBs), OTT streaming players and WiDi and Wi-Fi display receivers.

"The SMP8674 offers an optimal blend of multimedia features and CPU horsepower for the mainstream STB market," said Waheed Rasheed, Sigma Designs' vice president of product marketing. "Some of the advanced features supported by the SMP8674 include: the widest range of industry standard AV COCECs, including new broadcast audio standards like Dolby Digital Plus and DTS-Broadcast; a new Wi-Fi display API with ultra-low latency video performance designed for wireless display receivers; and a special security facility for chipset pairing used in the latest conditional access systems. With a commitment to mainstream applications, the SMP8674 also achieves very low BOM designs due to the level of integration and efficient DDR3 interface."

To accelerate time-to-market for consumer designs, the SMP8674 offers two ready-for-market reference design kits that offer Wi-Fi Peer-to-Peer (P2P) connectivity between televisions and either phone, tablet, or laptop devices. The Wi-Fi Display reference kit combines the SMP8674 with the Atheros AR9342 to provide a compact design with a separate power supply. The USB Dongle reference kit combines the Sigma SMP8674 SoC and the Atheros AR6203 to provide a miniature package configuration utilizing a powered USB port and direct HDMI output. The SMP8674 is also available on Sigma's general purpose Vantage development board for set-top box and other designs.

With the SMP8674, the product family migrates to Sigma's latest Software Development Kit (SDK) which offers an intuitive new porting layer called SAPI (Simple API) for realizing fast time-to-market porting of Hybrid STB middleware. The new SDK improves developer productivity with a range of reference implementations of OTT applications like Netflix and VUDU along with proprietary application frameworks for developing Webkit-HTML5 applications or Adobe Air applications.

SMP8674 will be available mid-July. More information on the SMP8674 can be found here www.sigmadesigns.com.

About Sigma Designs, Inc.
Sigma Designs, Inc. (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, 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 and expected availability date of these products. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, including the rate of adoption for set-top boxes in general, or any of the component technologies including media processors, our HomePlug AV with ClearPath and our Z-Wave technology. Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, 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 our annual report on Form 10-K as filed March 29, 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.