Entropic Communications (ENTR), Technetix Deliver MoCA to the European Market
AMSTERDAM, Sept. 9, 2011 (GLOBE NEWSWIRE) — (IBC2011; Stand 3.A41) — Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon and software solutions to enable connected home entertainment, is proud to announce European designer and manufacturer of leading technology solutions, Technetix, will bring the first ever push-on Ethernet-to-Coax Network Adapter (TECB-D01), powered by Entropic’s MoCA® (Multimedia over Coax)-based silicon solution, to the European market.
Adoption of MoCA as the leading home networking backbone topology continues to gain traction. In the U.S., MoCA is currently being deployed by service providers representing nearly 70 percent of the 100 million pay-TV homes. The opportunity in Europe is beginning to take hold as consumer demands evolve for services such as broadband extension for every room in the house, shared planning of high definition (HD) content, or multi-room digital video recording (MR-DVR), and greater interest to supporting multiple streams of HD video throughout the home.
The Technetix TECB-D01 is a single port Ethernet to coax adapter powered by Entropic’s leading MoCA-based silicon and software. The device is unique in that it provides a straightforward plug-and-play installation onto an existing home coaxial wall socket to create a high-speed, whole-home entertainment backbone. By leveraging MoCA as the basis for the home network, consumers gain the most reliable home entertainment experience, and service providers can offer enough capacity and support for streaming high volumes of whole-home HD multimedia content.
“The European market has high demand for technology solutions that can improve the performance and ease the installation of in-home entertainment networks,” said Jan Ariesen, vice president, Development Engineering, Technetix. “Our TECB-D01, based on Entropic’s leading MoCA silicon, leverages their global successes as seen from U.S. service providers and demonstrates the highest quality capabilities required to deliver the most robust and dependable in-home video and content distribution system.”
“Partnering with Technetix is a significant win for Entropic and the MoCA standard, as it strongly positions MoCA to be the network backbone technology for achieving greater penetration and expansion throughout Europe,” said Vinay Gokhale, senior vice president, Marketing and Business Development, Entropic Communications. “We see that European consumers want to deploy more HD streaming services – from shared planning to over-the-top video – throughout the home, but to gain the best viewing experience, they need bandwidth characteristics that only a MoCA network can provide.
With the availability of the TECB-D01 MoCA-based network adapter, European service providers gain an opportunity to offer more advanced, high-bandwidth IP streaming services that leverage the extremely reliable, high throughput connection that is offered by Entropic’s MoCA 1.1 technology. Additionally, as service providers rollout MoCA 2.0, the next-generation of the standard, the TECB-D01 will be fully interoperable with new MoCA 2.0 investments, allowing for the seamless deployment of new operator services.
The sister product to the TECB-D01, the Technetix TECB-01 MoCA network adapter, was awarded ‘Best Connected Home Communications Hub’ at the Connected Home Global Summit 2011 earlier this year. Both devices will go into trials with leading European service providers in 2011, and will be showcased during IBC2011 at the Entropic Stand A41-Hall 3, September 9-13, 2011, at the RAI Amsterdam.
About Technetix
Technetix designs and manufactures leading technology solutions that span the total high-speed broadband network. Driven by increasing demand for media-rich content, the broadband cable market is growing exponentially. Technetix’ market leading, critical technology enables major cable operators worldwide to increase their network capacity, improve operating efficiency and reduce costs.
Technetix supplies leading broadband cable and telecommunications suppliers worldwide such as Virgin Media, Comcast, Liberty Global, France Telecom, Ziggo and ONO. For further information, visit www.technetix.com or email sales@technetix.com
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading fabless semiconductor company that is engineering the future of connected home networking and entertainment by providing next-generation silicon and software technologies to the world’s leading cable, telco and satellite service providers, OEMs and consumer electronics manufacturers. As a co-founder of MoCA (Multimedia over Coax Alliance), Entropic pioneered and continues to evolve the way high-definition television-quality video and other multimedia and digital content such as movies, music, games and photos are brought into and delivered throughout the home. For more information, visit Entropic at www.entropic.com.
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 Entropic’s MoCA® technology, its related prospects, and its role in the future of home networking. 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 effects of competition, risks associated with Entropic’s dependence on a limited number of customers and suppliers, technology risks, the risk that the market for HD video and multimedia content delivery solutions may not develop as Entropic anticipates, and other factors discussed in the “Risk Factors” section of Entropic’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2011. 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.
Technetix and the Technetix logo are trademarks or registered trademarks of Technetix Group Limited in the UK and certain other countries. MoCA is a registered trademark of the Multimedia Over Coax Alliance.
CONTACT: Entropic Contacts: Investor Contact: Debra Hart Director, Investor Relations +1 858-768-3852 debra.hart@entropic.com Media Contacts: Robbin Lynn Marketing Communications Manager +1 760-579-2261 robbin.lynn@entropic.com Chris Fallon Ruder Finn for Entropic Communications +1 917-974-1667 fallonc@ruderfinn.com Technetix Contacts: Steve Farrell Product Management Director +44 (0) 1444 251 208 steve.farrell@technetix.com Annette Unsworth Technical Publications Manager +44 (0) 1444 251 245 annette.unsworth@technetix.com
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