Magnum Semiconductor Launches a High Definition Video Compression IP Solution

MILPITAS, CA -- (MARKET WIRE) -- Jan 07, 2010 -- Magnum Semiconductor, the leader in compression processors for Broadcast and Consumer markets, announced today it is launching an IP license business, which will provide its high-quality Video CODEC IP, proven through decades of deployment in Tier 1 video markets, to Semiconductor companies.

Magnum's Video compression IP solution is productized as a new line in addition to the existing product lines in the broadcast and consumer space. Being a leader in the arena of high quality compression chipsets, Magnum is now allowing IP solutions into selective arenas in need for best of breed processing. The new line is expected to have yearly refresh cycles and includes a rich feature set as well as comprehensive and proven software and toolsets.

"Our Video compression IP is unique. In addition to leveraging and benefiting from our leadership technology in the professional broadcast market, our IP, both hardware and software are productized and proven by our own Silicon products. So our IP customers can be assured of the quality and completeness of our IP solution," stated Gal Garniek, VP Marketing and Sales at Magnum Semiconductor. "Magnum is stepping up its support for the digital world. In addition to providing chipset solutions for broadcast systems and DVD/ BD Recorder and Set-top box markets, our new IP solutions serve our current and future customers in the Hybrid Digital Still Camera, Camcorder, Surveillance Camera, Surveillance Video Recorder, TV and Hand-Held SOC domains, by providing industry-leading compression IP solutions."

Magnum's High Definition IP package includes an extremely rich feature-functionality set. From encode, transcode, decode, resolutions 1080p to, formats which include H.264, MPEG2 and VC-1, to advanced networking encompassing internet compatibility, rate adaptive, fast channel and more.

About Magnum Semiconductor

Magnum Semiconductor is a leading provider of silicon, modules, software and IP for the professional broadcast infrastructure and compression-enabled consumer clients. Magnum provides top of the line products, tools and technologies for the entire video content creation and distribution chain, from content capture and production to its delivery to the home. Magnum Semiconductor is headquartered in Milpitas, California, with sales and engineering offices in Canada, China, Japan and Korea. Further information is available at www.magnumsemi.com.

Media Contact:
Kishan Jainandunsing
+1.408.934.3738

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