Sigma Designs Joins HomeGrid Forum Board of Directors


BEAVERTON, OR--(Marketwire - July 7, 2009) - HomeGrid Forum, a global, non-profit trade group promoting the United Nations' International Telecommunication Union's (ITU-T) G.hn standardization efforts, today announced that Sigma Designs, Inc. (NASDAQ: SIGM), a leader in digital media processing system-on-chip (SoC) solutions for consumer electronics, has joined its Board of Directors. Sigma Designs brings additional semiconductor industry expertise to the group, which also includes representatives from leading retailers, service providers, PC manufacturers and consumer electronics companies -- all supporting the development and delivery of next-generation wired home networking products based on G.hn technology.

"By joining the board, Sigma Designs reaffirms its commitment to bring G.hn-based solutions to the market, and reinforces my belief that we are moving in the right direction with the G.hn standard," said Matthew Theall, president of HomeGrid Forum. "The ITU continues to make steady progress towards consent of G.hn, and we believe this standard will have a significant impact on the market, greatly simplifying consumers' purchases and installations of home networking, and enabling multi-media content to be shared throughout the home more easily than ever before."

The G.hn standard is aimed to deliver a single unified technology for the wired home network that addresses key issues of service providers, electronics manufacturers, and consumers alike. Through one worldwide standard, G.hn will unify the networking of content and devices over any wire -- coax cable, phone and power lines. G.hn enables service providers to deploy new offerings including IPTV more cost effectively; allows consumer electronics manufacturers to provide powerful devices for connecting all types of entertainment, home automation and security products throughout the house; and greatly simplifies consumer purchasing and installation processes.

"We work with the world's leading set-top box and consumer electronics manufacturers and understand the need for a unified wired-networking solution in the home networking marketplace," said Venkat R. Uppuluri, director of product marketing at Sigma Designs and HomeGrid Forum board member. "The G.hn standard addresses the needs of consumers, manufacturers, and service providers that are in search of a single solution. Sigma intends to support the proliferation of G.hn-based products starting with reference platforms that will power the next-generation of home content delivery."

Sigma Designs is part of a growing list of industry-leading organizations that are part of HomeGrid Forum. Global leaders in the service provider, computing, and consumer electronics industries also support the adoption of G.hn through their participation in the ITU-T. For a complete list of HomeGrid Forum members, visit www.homegridforum.org.

About Sigma Designs, Inc.

Sigma Designs is a leading fabless provider of highly integrated SoC solutions that are used to deliver multimedia entertainment throughout the home. Sigma's SoC solutions include media processors and wireless communication devices which combine semiconductors and software as critical components of high-growth consumer applications including IPTV-based set-top boxes, Blu-ray players, HDTVs, entertainment connectivity devices, and RF-based home control devices. Headquartered in Milpitas, Calif., Sigma Designs also has design centers or sales representatives in Canada, China, Denmark, France, Japan, Korea (third party), Singapore, and Taiwan. For more information, please visit Sigma Designs' web site at www.sigmadesigns.com.

About HomeGrid Forum

HomeGrid Forum is a global, non-profit trade group promoting the International Telecommunication Union's G.hn standardization efforts for next-generation home networking. HomeGrid Forum promotes adoption of G.hn through technical and marketing efforts, addresses certification and interoperability of G.hn-compliant products, and cooperates with complementary industry alliances. To learn more about becoming a HomeGrid member, please visit www.HomeGridForum.org/join.

Contact Information: CONTACT: Layla McHale McHale Communications for HomeGrid Forum 408.981.6394 Ken Lowe Sigma Designs, Inc. 408-957-9850