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Entropic, MTI Deploy Advanced Channel Stacking Switch Technology into the Middle East Satellite Market(GlobeNewswire Via Acquire Media NewsEdge) SAN DIEGO, March 10, 2014 (GLOBE NEWSWIRE) -- Entropic (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, and Microelectronics Technology Inc. (MTI), announced today a major direct broadcast satellite (DBS) operator in the Middle East deployed MTI's 4x4, Quad Single Cable Router (SCR) DBS outdoor unit low noise block (LNB) product, based on Entropic's third-generation Channel Stacking Switch (CSS™) silicon, the EN5288. The new Quad SCR was developed to address the growing multi-tuner, multi-viewing location home and gives the operator an opportunity to offer more services and entertainment to its subscribers by supporting four tuners off of a single-cable feed. According to the February 2014 research report, "Satellite Pay TV in the Arab World: KPIs and Projections" from the Arab Advisors Group, the Pay-TV market in the Arab World is expected to grow at a steady pace from 2014 – 2017. The Group projects that by the end of 2017, the Arab World's satellite Pay-TV subscriptions will increase to 19 million with total market revenues reaching US$ 2.5 billion. As the adoption of high definition (HD) and Digital Video Recording (DVR) devices increases in these homes, so does the number of tuners. The EN5288-supported Quad SCR LNB is cost optimized to support four tuners in the home, which extends a DBS operator's ability to offer more advanced services to more TV viewing locations in the home. "Growth in multi-tuner and satellite bandwidth to support High Definition television is driving the need for Channel Stacking Switch solutions to be deployed in the Middle East by DBS operators," said Eugene Wu, business head satellite and mobile division, MTI. "In working with Entropic, we were able to develop a LNB product that would significantly reduce both the cost and cabling complexity of DBS installations as it can seamlessly distribute satellite signals for four receivers where in non-CSS installations only one was supported." Unlike traditional satellite installations, which require a unique cable for each tuner from the satellite dish to the set-top box (STB), Entropic's CSS technology enables the delivery of multiple video streams from individual or multiple satellites into the home over a single cable. This single cable architecture simplifies cabling to make the deployment of STBs, with multiple tuner capabilities, in multiple rooms, a very cost-effective installation and virtually eliminates retrofitting and the need to rewire rooms. Additionally, Entropic's CSS technology simplifies STB upgrades with plug and play installation and allows all levels of installers, from professional to consumers, to reuse existing cabling to quickly set up an in-home satellite system. "The Middle East is one of the fastest growing direct broadcast satellite markets globally," said Al Servati, vice president, Marketing, Entropic. "We are proud to be working with MTI to develop and deploy the new Quad SCR LNB – enabling this Middle Eastern operator to multiplex multiple channels from their satellite onto a single coaxial cable. With the Entropic-based MTI solution, we are enabling this operator to reach more DVRs and STBs throughout the home, while also providing a single-cable backbone for future home networking solutions." For more information about the Entropic-based MTI LNB, please visit Entropic's website at: www.entropic.com. About MTI Microelectronics Technology Inc. (MTI) is a technology company specialized in wireless communication product development, manufacturing and global sales for more than 30 years. Based on the core competence in microwave and RF technology, MTI has established a leading position in the fields of microwave radios, satellite ODUs and receivers, mobile base station components and broadband wireless access products. With this excellent record of accomplishment, MTI has established long-term partnerships with world's leading communication equipment providers. For more information, please visit www.mtigroup.com. About Entropic Entropic™ (Nasdaq:ENTR) is a world leader in semiconductor solutions for the connected home. The Company transforms how traditional HDTV broadcast and IP-based streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation Set-top Box (STB) System-on-a-Chip (SoC) and Connectivity solutions enable Pay-TV operators to offer consumers more captivating whole-home entertainment experiences by transforming the way digital entertainment is delivered, connected and consumed – in the home and on the go. For more information, please visit Entropic at: www.entropic.com, read our blog Entropic Topics, or get social with us at @Entropic_News, or on Facebook, Google+, YouTube and LinkedIn. The Entropic logo is available at //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 CSS technologies, their related prospects and their role in the future of connected home entertainment. 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 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 Annual Report on Form 10-K for the year ended December 31, 2013. 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 © 2014 Entropic. 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: Entropic Investor Contact: Debra Hart +1 858.768.3852 [email protected] Entropic Media/Industry Analyst Contact: Chris Fallon +1 917.974.1667 [email protected] Source: Entropic 2014 GlobeNewswire, Inc. |