Sigma Designs, a leader in IPTV set-top boxes, has had a long successful partnership with Verimatrix on set-top box (STB) security solutions during the growth in deployments of IPTV systems. Sigma Designs-based STBs were deployed in many systems in conjunction with the cardless Verimatrix Video Content Authority System (VCAS). Recent growth of broadband in the emerging markets such as BRIC (Brazil, Russia, India and China) countries, in conjunction with the switch to digital broadcast standards, have extended entertainment and programming choices available to consumers. Both Sigma Designs and Verimatrix have leveraged their respective strengths to address these new opportunities in broadcast and hybrid pay-TV solutions with advanced, cost effective components.
The Verimatrix VCAS solutions now offer revenue security to broadcast only, IP-Hybrid and OTT delivery systems, with an integrated ViewRight® ONE client security architecture that leverages all the features of Sigma SOCs to offer advanced security features in cost-effective cardless system implementations. Sigma is certifying its SMP8670 series and its newly launched ARM CPU powered SMP87xx series for advanced security deployments across broadcast and IP delivery networks.
"Verimatrix is an excellent fit with the Sigma Designs offerings in emerging markets where using their unique multi-network and cardless security solutions enables both low-cost zapper STBs and advanced hybrid designs. The new VCAS solution allows us to scale across broadcast, hybrid and IPTV content delivery platforms," said Mustafa Ozgen, vice president and general manager Home Multimedia for Sigma Designs.
"Verimatrix is delighted to extend its long partnership with Sigma to enable a new range of STB design solutions for our joint customers," stated Petr Peterka, CTO or Verimatrix. "Our VCAS solutions address a broad range of new pay-TV deployment challenges with a true multi-network architecture. Sigma has proven their approach to hardware security is a good match for our ViewRight ONE client and will help to accelerate the momentum of cardless security deployments."
About Sigma Designs
Sigma Designs, Inc. (
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.
Verimatrix specializes in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe. The award-winning and independently audited Verimatrix Video Content Authority System ( VCAS) and ViewRight® solutions enable cable, satellite, terrestrial, IPTV and OTT operators to cost-effectively extend their networks and enable new business models. As the established leader in cardless security solutions, the company has leveraged its innovative 3-Dimensional Security approach to provide harmonized rights for premium content delivery to a range of devices over new hybrid network combinations.
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. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, 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 its quarterly report on Form 10-Q as filed June 13, 2013. 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 publicly 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.
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