SAN DIEGO, Nov. 8, 2010 (GLOBE NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon and software solutions that enable connected home entertainment, today announced that it has been selected as a winner for the 2010 TechAmerica High Tech Awards. Entropic's MoCA (multimedia over coax alliance) silicon solution was recognized in the Communications Products and Services category.
Entropic's MoCA silicon was noted for its ability to provide the high-speed and robust backbone for connected home entertainment networking. It is the fastest, most reliable silicon solution that both increases bandwidth and streamlines the delivery of multimedia throughout the home, which is required for services such as multi-room DVR. Entropic's MoCA silicon is currently being deployed by nearly all major North American pay-TV service providers, including Verizon FiOS, DIRECTV, Comcast, Cox Communications and Time Warner Cable.
"As consumers are being introduced to cutting-edge in-home entertainment such as multi-room DVR, 3DTV, and over-the-top services, our MoCA silicon has emerged as the clear leader for connecting these devices and creating a home entertainment network," said Vinay Gokhale, senior vice president, marketing and business development, Entropic Communications. "Having shipped more than 30 million chipsets, we believe MoCA is the de facto standard for home entertainment networking. Additionally, now having won a TechAmerica High Tech award provides further proof of our innovative thinking and our ability to deliver world-class silicon technologies."
TechAmerica judged each company based on a variety of criteria including innovation, marketplace validation and competitive landscape. Entropic's MoCA silicon was recognized for its competitive advantages, including backward interoperability with all earlier MoCA standards, which prepares service operator systems to future-proof their networks for new service deployments. All MoCA standards are interoperable, including MoCA 1.0, MoCA 1.1, and newly ratified MoCA 2.0. Other home networking standards are not compatible with earlier standards and require complete "truck lift" upgrades.
"The highly-competitive TechAmerica High Tech awards celebrate the achievements of technology companies and their innovative contributions to the industry and their communities," said Kevin Carroll, executive director for TechAmerica San Diego. "Entropic Communications earned this award for its innovative technology, ability to execute and community involvement. We're glad to recognize Entropic Communications and its MoCA silicon as winner for the Communications category, and we look forward to seeing new and innovative technologies from Entropic in 2011."
The TechAmerica High Tech awards program is in its 17th year and is designed to showcase innovative technology companies. Each company is judged based on innovation, products or services, marketplace validation, perseverance and community involvement. For more information about the TechAmerica High Tech awards visit: http://www.techamerica.org/awards.
About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry, the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,500 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. It is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States; Washington, D.C.; Europe (Brussels); and Asia (Beijing). TechAmerica was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA). Learn more at www.itaa.org/sandiego.
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 .
The Entropic Communications logo is available at
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 technology, it 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, competition, risks associated with Entropic's dependence on a limited number of suppliers, technology risks, the risk that the market for HD video and multimedia content delivery solutions may not develop as the Company anticipates and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the three months ended September 30, 2010. 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.
CONTACT: Entropic Communications Investor Contact: Debra Hart, Director, Investor Relations 858.768.3852 debra.hart@entropic.com Ruder Finn for Entropic Communications Media Contact: Chris Fallon 212.715.1691 fallonc@ruderfinn.com