LAS VEGAS, Jan. 9, 2013 (GLOBE NEWSWIRE) -- Consumer Electronics Show -- Entropic (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, today announced three pioneering MoCA® (Multimedia over Coax Alliance)-based reference designs to increase the connectivity options within the home.
The growth of tablets and other wireless and connected devices in the home has created a need for additional connectivity options to ensure a reliable whole-home backbone network. In fact, according to Infonetics Research's June 2012 Home Networking Device report, "MoCA-embedded set-top boxes, FTTB optical network terminals, coax-Ethernet adapters and Wi-Fi broadband routers are driving growth in the home networking device market. Infonetics expects a cumulative $43 billion to be spent on home networking devices over the five years from 2012 to 2016 to meet service provider home networking needs.
On display at CES 2013, in its Meeting Suite at the Wynn Las Vegas, Entropic will showcase three new MoCA-based reference design solutions leveraging its MoCA silicon and software:
"Entropic leads the way in developing MoCA 1.1 and MoCA 2.0 reference designs that enable the connected home ecosystem, from service providers to retailers and consumers, to take full advantage of the power of the MoCA backbone," said Al Servati, vice president, Connectivity Group at Entropic. "As the leading MoCA silicon and software solution provider, our reference design program enables best-in-class solutions that allow our OEM customers and operators to quickly evaluate and bring-to-market working solutions based on our proven reference design platforms."
Entropic is highlighting its full portfolio of MoCA-based reference designs at CES 2013, in its Meeting Suite at the Wynn Las Vegas, January 8-11, 2013. For more information about Entropic's CES 2013 presence, visit: www.entropic.com.
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
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the expected benefits of Entropic's technology solutions, and continued or future integration of technology into products of OEMs. 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, the effects of competition from alternative technologies; Entropic's dependence on service providers' connected home needs; the risk that the market for Entropic's solutions may not develop as anticipated; the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the quarter ended September 30, 2012. 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.
Entropic Investor Contact: Debra Hart +1 858.768.3852 Entropic Media/Industry Analyst Contact: Chris Fallon +1 917.974.1667