Humax, Entropic Develop IP-Client Device

Humax Xi3 IP-Client Device Enables the Shift From Broadcast to IP-Based Services and Applications in the Home

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| Source: Entropic

LAS VEGAS, Jan. 8, 2013 (GLOBE NEWSWIRE) -- (The Consumer Electronics Show) - Humax (115160.KQ), a global leading set-top box manufacturer, and Entropic (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, announced today an IP-based set-top box (STB) based on hardware and software specifications developed by Comcast.

The Humax client device enables cable subscribers to view a rich set of IP-based video services at any TV in the home. The device can run native and cloud-based applications and provides a highly-efficient, media and graphics-rich end-user experience. The Humax client solution is powered by Entropic's TSC188 CPU, a dual-core ARM® Cortex™ A9 solution bundled with Entropic's leading Multimedia over Coax Alliance (MoCA®) silicon and software to provide reliable whole-home network connectivity.

The Humax device features both NTSC and HDMI outputs enabling it to connect to a TV or other external media device. The Humax unit, which recently passed FCC certification, will function as a video client to multi-tuner gateway servers. The compact Humax device includes recording functionality. The DVR feature works in conjunction with the multi-tuner hybrid gateway server and the on-board SD Card lets the IP set-top-box stream and play back programming using the MoCA specification. The Humax device provides NTSC and HDMI outputs, as well as MoCA, Ethernet and HDMI inputs. It also includes a USB port, which can be used to connect to a USB storage device for bringing additional entertainment to the TV screen.

"We worked with Entropic and Comcast to provide another way to deliver more media-rich, IP-based services and content to subscribers," said Albert Son, president of Humax Americas. "Our global development performances, time-to-market track records along with RDK empowers this new generation of content delivery through the gateway/client model."

"In working with Humax and Comcast on the Xi3 platform, our goal was to bring more Internet-like capabilities to each TV in the home," said Mark Samuel, senior vice president and general manager, Entropic's Set-top Box Business Unit. "By leveraging Humax' client STB expertise and our advanced STB SoC solution for video processing with our MoCA technology for the reliable connectivity backbone, we are delivering enriched ways for consumers to engage with their whole-home entertainment content."

"We are pleased to see our Reference Design Kit embraced by top technology partners," said Steve Reynolds, senior vice president of Premises Technology for Comcast. "The Humax-Entropic Xi3 device will help providers to offer their customers more interactive, rich and personalized entertainment experiences anywhere in the home."

Development for the new Humax client solution leverages Comcast's RDK. The RDK provides a framework to enable device manufacturers to rapidly develop, optimize and deploy new broadcast and IP-based solutions for richer consumer TV experiences.

On Display at CES 2013

Entropic will highlight the Xi3 platform at CES 2013. Entropic will be hosting demonstrations at its CES meeting suite, January 8 – 11, 2013 in the Wynn Las Vegas Hotel.

About Humax

Humax Co., Ltd. (Humax), founded in 1989 in South Korea, is one of the world's largest manufacturers of digital set-top boxes, exporting its products across the globe. The company has built a solid reputation as a leading supplier of high quality, feature-rich digital TV set-top boxes and digital video recorders (DVRs), for cable, satellite, and terrestrial, IPTV, and IP-Hybrid broadcasting. The company headquarters and R&D facility are based in Korea, with offices in the U.S., Brazil, U.K., Germany, France, Italy, Russia, Australia, India, Thailand, and Japan.For more information, please visit www.humaxamericas.com.

About Entropic

Entropic (Nasdaq:ENTR) is a world leader in semiconductor solutions for the connected home. The Company transforms how traditional HDTV broadcast and IP-based streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation Set-top Box (STB) System-on-a-Chip (SoC) and Connectivity solutions enable Pay-TV operators to offer consumers more captivating whole-home entertainment experiences by transforming the way digital entertainment is delivered, connected and consumed – in the home and on the go. For more information, visit Entropic at: www.entropic.com.

The Entropic logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4255

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding Entropic's STB SoC technology, its related prospects, its role in the future of home networking and statements regarding Humax' leadership in delivering 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 Humax. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's and/or Humax' 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 Humax, 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 Humax 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 Humax; the risk associated with market acceptance for Comcast's Xfinity Xi3 client devices; the effect of intellectual property rights claims; the effects of competition, including the risk that other technologies may achieve greater market acceptance than solutions developed by Entropic or Humax; and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the three months ended September 30, 2012. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic and Humax are providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.

Copyright © 2013 Entropic. All rights reserved. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Humax Media Contact:
David Mills
+1 718.309.5277


Entropic Investor Contact:
Debra Hart
+1 858.768.3852


Entropic Media/Industry Analyst Contact:
Chris Fallon
+1 917.974.1667