BEAVERTON, Ore. and SAN DIEGO, Sept. 26, 2012 (GLOBE NEWSWIRE) -- The RVU Alliance today announced the election of Entropic Communications, Inc. (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, to its Board of Directors, effective immediately. Dr. Anton Monk, Entropic's co-founder and vice president of Technology will serve as Entropic's representative member. A member of the RVU Alliance, Entropic has actively supported the marketing and technical activities of the Alliance since its inception in August 2009, and has long-standing partnerships across the RVU Alliance ecosystem. As the only pure-play platform semiconductor company in connected home entertainment, Entropic's set-top box (STB) system-on-a-chip (SoC) and connectivity (MoCA®, Broadband Access and single-wire direct broadcast satellite outdoor unit) solutions enable the Company to have a deep understanding of the RVU Alliance's target Pay-TV and supplier markets. The Company's STB SoC and MoCA technology currently support the delivery of RVU technology. "We are pleased to welcome Entropic and Dr. Monk to the RVU Alliance Board of Directors," said Henry Derovanessian, president of the RVU Alliance and senior vice president at DIRECTV. "Dr. Monk's extensive board experience will help provide valuable guidance to drive RVU forward as a key enabling technology to allow consumers the same user experience at every TV in the home." "Today's consumer wants to reliably and securely watch or access pre-recorded, live, premium or personal content anywhere in the home across any device," said Dr. Monk. "We feel both RVU and Entropic can benefit greatly from the higher level of strategic engagement at the board level. I am honored to represent Entropic on the RVU Alliance Board of Directors as we advance the RVU standard to meet the new video delivery demands required by the convergence of broadcast and broadband networks."
An industry pioneer in the video over coax connectivity market, Dr. Monk is one of the co-founders of Entropic, and currently serves as the Company's vice president of Technology. He also serves on the MoCA Board of Directors and is involved in various advisory boards, including the UCSD Corporate Affiliates Program, the EvoNexus Incubator, and the UCSD Electrical Engineering Department. Prior to Entropic, Dr. Monk was involved in the development of cable, fixed wireless and satellite integrated circuits (ICs) at Conexant and ComStream Corporation and also spent time as a researcher at NASA's Jet Propulsion Laboratory (JPL). He holds a master's of science degree in electrical engineering from The California Institute of Technology and Ph.D. in electrical engineering from The University of California, San Diego.About RVU Alliance RVU is a client/server-based technology that allows the television viewer to experience a consistent, pixel accurate server-generated user interface on various consumer electronics devices. The RVU specification uses widely implemented UPnP and DLNA technologies to enable a gateway device such as an advanced set-top box to work with non-proprietary client devices such as connected TVs, Blu-ray players, and set-top boxes. The specification is maintained by the RVU Alliance, founded by Broadcom, Cisco, DIRECTV, Samsung and Verizon, which facilitates the adoption of an open standard technology that allows service providers to expand their unique UI and user experience onto standard consumer devices without the need for proprietary equipment. For more information on the RVU Alliance please visit www.rvualliance.org. 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." Such statements include, but are not limited to, statements regarding Monk's expertise and expected future contributions. 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 RVU Alliance and Entropic's dependence on key personnel; the risk that the market for RVU solutions may not develop as anticipated; and other factors discussed in the "Risk Factors" section of Entropic's Annual Report on Form 10-Q for the three months ended June 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 © 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. MoCA stands for Multimedia over Coax Alliance.
CONTACT: Robert Mercer RVU Alliance +1 310.964.4683 PR@rvualliance.org Debra Hart Director, Investor Relations, Entropic Communications +1 858.768.3852 firstname.lastname@example.org Chris Fallon Senior Director, Corporate Communications, Entropic Communications +1 858.768.3827 email@example.com