Entropic Gets Aggressive in Latin America; Showcases Next-Generation Platform Semiconductor Solutions at ABTA 2013

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SAN DIEGO, Aug. 5, 2013 (GLOBE NEWSWIRE) -- Entropic (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, announced it will be at ABTA 2013 (booth #D13) in Sao Paulo this week showcasing platform semiconductor solutions that advance next-generation TV experiences for the Latin American Pay-TV market.

Latin America is undergoing explosive Pay-TV market growth and making a significant transition from standard definition (SD) to high definition (HD) TV. In fact, according to a June 2013 report titled, Pay-TV in Latin America: Cable, DTH and IPTV 2013 – 2018 from Dataxis, a global business intelligence research firm, the seven largest Pay-TV markets in Latin America will total 98.32 million subscribers by 2018. This figure will equal a penetration rate of 68.1 percent of the total number of homes with TVs; almost 3.6 times what was registered in 2008.

At ABTA 2013 this week, Entropic will highlight its latest high-performance, low-power silicon solutions for:

  • ROBUST SATELLITE DELIVERY INTO & THROUGHOUT THE HOME. Entropic reliably brings entertainment into the home with its end-to-end satellite solutions. The Company's technology captures satellite signals and distributes HD content into the home with its single-wire analog and digital Channel Stacking Switch (CSS™) solutions. The Company also ensures advanced, high-performance TV viewing experiences with its set-top box (STB) HD MPEG system-on-a-chip (SoC) and MoCA® (Multimedia over Coax Alliance) home networking silicon. Entropic will highlight how Latin American satellite operators can lower the delivery cost and advance the consumption of entertainment with its next-generation silicon solutions.
  • RICH CABLE & TELCO/IPTV EXPERIENCES, EVERYWHERE. Entropic's open standards-based STB SoC + industry-leading MoCA platform are inherently efficient as they leverage the powerful ARM® architecture to provide superior media delivery for today's STBs, IP-Clients and hybrid systems. At ABTA, the Company will demonstrate the power and performance of its latest chipsets that utilize the Comcast® IP-Client Reference Design Kit (RDK); support innovative HTML5 applications; and leverage DLNA Commercial Video Profile (CVP) functionality. The Company will also show how its silicon reliably extends the wireless coverage of Latin American Pay-TV content throughout the home with the latest generation MoCA 2.0 silicon.

"The Latin American Pay-TV market is exploding with opportunity as service providers transition to digital TV, express greater interest in triple-play services and face increasing competition from across Pay-TV service providers," said Charlie Lesko, senior vice president, Global Sales, Entropic. "Entropic is highly-familiar with the local markets as we already provide media processing and connectivity solutions to service providers across the region, making us an ideal silicon partner to deliver end-to-end solutions that will help operators be more competitive and evolve the way content is brought into, distributed and enjoyed throughout the home."

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.

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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 Direct Satellite Broadcast Outdoor Unit, SoC or MoCA technologies, its related prospects and its role in the future of home networking in Latin America. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's 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, competition, risks associated with Entropic dependence on a limited number of customers and suppliers, technology risks, the risk that the market for HD video and multimedia content delivery solutions may not develop as Entropic anticipates in Latin America and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the quarter ended March 31, 2013. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic is 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.

CONTACT: Entropic Investor Contact: Debra Hart +1 858-768-3852 debra.hart@entropic.com Entropic Media/Industry Analyst Contact: Chris Fallon +1 858-768-3827 chris.fallon@entropic.com