LG Electronics Launches Wireless LCD TV Based On Sigma's EM8620L Medi

    Business Editors/High-Tech Writers
    2005 International CES

    LAS VEGAS--(BUSINESS WIRE)--Jan. 5, 2005--Sigma Designs (Nasdaq:SIGM), a leader in digital media processing for consumer appliances, today announced that LG Electronics (LGE) (Korea Stock Exchange:6657.KS), a leading consumer electronics company, will demonstrate its new 15" wireless liquid crystal display (LCD) TV, powered by Sigma's EM8620L media processor at CES 2005. The product will be demonstrated during the CES 2005 show at Sigma's Technology Suite in the Hilton Hotel, as well as in the Technology Zone of LG Electronics' booth. LGE's wireless LCD TV provides seamless media content from an external audio/visual (a/v) player or personal computer (PC), with the ease of wireless technology.
    LGE's wireless LCD TV provides clean, aesthetic beauty and ease-of-use for consumers. From its thin and light footprint, to its crisp picture quality, the TV is also efficient with its low power consumption and convenient accessibility to content from an a/v player or PC. The TV allows the user to browse photos, listen to music and view movies and/or television programs.
    "We're entering an age where the savvy media enthusiast prefers more than a standard television," said John Taylor, vice president, Public Affairs and Communications, LG Electronics. "This is an opportunity for companies like LGE, to seize the stage and provide unparalleled technology for the entertainment center of the home. By working with Sigma Designs, we were able to create a powerful, sleek, wireless LCD TV, enabling consumers to enjoy the full breadth of their entertainment libraries."
    The new TV comes with consumer-friendly guides and menu software, providing a smooth experience for the viewer. Taking advantage of the Sigma media processor, the television supports playback of video streams in a wide range of formats, including MPEG-2, MPEG-4, and WMV9 as well as a most standard audio formats.
    "The continued arrival of advanced products like LGE's wireless LCD TV into the consumer market validates Sigma's strength and foresight in the industry," said Ken Lowe, VP of strategic marketing, Sigma Designs. "LGE is a company that stays ahead of the game by providing technologically sound products with sophisticated styling."

    Availability

    LGE's wireless LCD TV is currently available in the Korean market. LGE intends to introduce the new TV to North America in March, and in July for Europe.

    About the EM8620L Media Processor

    The EM8620L media processor from Sigma Designs provides a complete single-chip solution for next generation IP video and connected media players, featuring high definition Windows Media Video 9 support. The EM8620L offers a wide range of media processing functions for video decoding, audio decoding, and graphics processing based on REALmagic(R) HD technology, for the highest quality image possible on high definition displays. For single-chip systems, it features an on-chip RISC processor, PCI-bus, IDE controller and additional peripheral ports for supporting other subsystems.

    About Sigma Designs, Inc.

    Sigma Designs (Nasdaq:SIGM) specializes in silicon-based MPEG decoding for streaming video, progressive DVD playback, and advanced digital set-top boxes. The company's award-winning REALmagic(R) Video Streaming Technology is used in both commercial and consumer applications providing highly integrated solutions for high-quality decoding of MPEG-1, MPEG-2 and MPEG-4. Headquartered in Milpitas, Calif., the company also has sales offices in China, Europe, Hong Kong, Japan, Korea and Taiwan. For more information, please visit the company's web site at www.sigmadesigns.com/.

    About LG Electronics

    LG Electronics is a major global player in electronics & telecommunications, operating 72 subsidiaries around the world with over 55,000 employees worldwide. LGE focuses on Digital TV, CD-RW, DVD, CD-ROM, DVD-ROM Drives, PCs, Monitors, Mobile Handsets, LCD TV & PDPs. LGE is strengthening core competencies even more to further its reputation as the "Digital Leader" in electronic products and equipment in the digital era.

    Safe Harbor Statement

    This press release may contain forward-looking statements, including statements about the projected timing and extent of customer shipments as well as the expected use of Sigma's MPEG decoder products. Actual results could vary from those projected in the forward looking statements as a result of various factors, including worldwide economic conditions, changes in the customer's ability or desire to complete the roll-out, consumer reaction to the new products and services being offered, the ability of Sigma to deliver sufficient quantity and quality of MPEG decoder chips, prices for the Sigma chips, alternative offerings by competitors, and the ability of the parties to work together successfully to achieve the rollout.

    REALmagic and Sigma Designs are registered trademarks of Sigma Designs. All other products and companies referred to herein are trademarks or registered trademarks of their respective companies.

--30--EL/sf*

CONTACT: Sigma Designs, Inc. Ken Lowe, 408-957-9850 (Investor Relations) ir@sdesigns.com

KEYWORD: CALIFORNIA NEVADA TRACK INDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKING HARDWARE SOFTWARE COMPUTERS/ELECTRONICS TRADESHOW PRODUCT MARKETING AGREEMENTS SOURCE: Sigma Designs, Inc.

Copyright Business Wire 2005