AMSTERDAM, Netherlands, Sept. 8, 2012 (GLOBE NEWSWIRE) -- IBC2012, Entropic Meeting Suite G106/107 -- GlobalSat, a leading Chinese manufacturer of satellite and terrestrial products, today announced it is collaborating with Entropic Communications (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, and Rovi (Nasdaq:ROVI) to deliver an advanced hybrid set-top box (STB). The GOOSAT S1-44HD helps seamlessly merge the delivery of entertainment from broadcast and broadband sources and supports a range of advanced functionality including built-in Wi-Fi ™, picture-in-picture, and auto time-shift.
Entropic's PNX8471 SoC solutions are ARM ® Cortex ™-A9-based and include the major building blocks needed to develop next generation STB and client applications. Key highlights include: superior video and audio quality, best web browsing through the ARM Cortex-A9 CPU, an advanced 3D GPU, flexible content decoding, advanced 3DTV processing, efficient power management, and support for Linux and Google Android ® operating systems."GlobalSat's new set-top box empowers the consumer to take advantage of the convergence of broadcast and IP entertainment in the home – all in HD quality," said Mark Samuel, senior vice president and general manager, Set-Top Box Group, Entropic Communications. "Our highly integrated SoC delivers power efficiency, media-rich navigation, and online networked video content with planned support for DivX Plus HD technology – bringing new levels of flexibility to how consumers engage and enjoy their multimedia content on their set-top box." "We are pleased to be collaborating with Entropic and GlobalSat to enrich consumers' entertainment experience by seamlessly connecting them to the best of Web and broadcast video content in the highest possible quality," said Matt Milne, executive vice president, Worldwide Sales and Marketing, Rovi. "By integrating DivX Plus HD, Entropic SoCs will help unlock a number of rich features and provide greater entertainment flexibility to consumers who will be able to enjoy their personal and premium video collections on their set-top box." GlobalSat has identified the fast growing HbbTV (Hybrid Broadcast Broadband TV) market as a target for its next generation of connected STBs. The Company is working with Entropic and Rovi on a HbbTV solution, planned for availability in Q4 2012. About GlobalSat GlobalSat ( www.goosat.com) is a leading digital solution provider for the international digital TV market and specializes in the provision of digital set-top-boxes and digital TV sets. It deploys a wide range of digital STB's to satellite, terrestrial, cable and IPTV markets, from entry-level receivers to advanced multi-tuner high definition digital TV recorders with integrated or removable hard disc drive. Its devices are deployed across Europe, the Middle East, Latin America, North Africa and Australia. About Rovi Corporation Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds approximately 5,200 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com. About Entropic Communications Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global provider of silicon and software solutions to enable connected home entertainment. The Company transforms how traditional HDTV broadcast and streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation home connectivity and set-top box system-on-a-chip (SoC) solutions enable Pay-TV service providers to offer consumers a more captivating whole-home entertainment experience by delivering new, high-performing ways to connect, engage, and enjoy multimedia content. For more information, visit Entropic at: www.entropic.com. The Entropic Communications logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4255 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 STB SoC solutions, its related prospects, its role in the future of home networking and statements regarding our customers'/partners' leadership in delivering devices in conjunction with Entropic products or in any of the applications or markets mentioned herein, and statements regarding the anticipated benefits from the collaboration between Entropic, GlobalSat and Rovi. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's, GlobalSat's and/or Rovi'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 success of the collaboration between Entropic, GlobalSat and Rovi, which will depend, in part, on each company continuing to devote sufficient resources to achieve the goals of the collaboration; the ability of Entropic, GlobalSat and Rovi to successfully address technical challenges and introduce new and enhanced products on a timely basis; risks associated with market acceptance of new products developed by Entropic, GlobalSat and/or Rovi; the risk associated with market acceptance for the GlobalSat STB; the effect of intellectual property rights claims; the effects of competition, including the risk that other products or technologies may achieve greater market acceptance than solutions developed by Entropic, GlobalSat and/or Rovi; and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the quarter ended June 30, 2012. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic, GlobalSat and Rovi are 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 © 2012 Entropic Communications, Inc. 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: For more information, contact: Chris Taylor Rovi Corporation 408-562-3077 Chris.D.Taylor@rovicorp.com Chris Fallon Entropic Communications +1 917-974-1667 email@example.com Josie Yang GlobalSat International Technology Ltd. +86-1862-030-5071 firstname.lastname@example.org