SAN DIEGO and ORLANDO, Fla., Oct. 14, 2009 (GLOBE NEWSWIRE) -- Dedicated to accelerating seamless, ubiquitous home networking, Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon solutions to enable connected home entertainment, and Intellon Corporation (Nasdaq:ITLN), a leading provider of HomePlug(R)-compatible integrated circuits (ICs) for home networking, networked entertainment, Ethernet-over-Coax (EoC) and smart grid applications, today announced they are collaborating to accelerate the availability of home networking solutions combining coaxial cable and powerline communications.
Taking advantage of each company's leadership, expertise and field proven implementations of their respective technologies, the Entropic-Intellon relationship will bring together solutions based on the most prominent, reliable and widely distributed home networking wired standards available today: MoCA(R)-Multimedia over Coax and HomePlug(R) AV (HPAV). With a combined total of more than 55 million MoCA and HomePlug enabled home networking devices around the world, the two companies are committed to continuing to improve the connected home entertainment experience. Aligning the capabilities of Entropic's MoCA and Intellon's HPAV solutions will ensure continued compatibility with tens of millions of devices already deployed by service providers and consumers throughout the world and offer customers a solid pathway to the highly anticipated MoCA 2.0 and HPAV2 standards, which are expected to enable PHY rates in excess of 1Gbps.
"Customers are continuing to tell us that MoCA and HPAV together offer an unbeatable wireline communications solution, both today and tomorrow," said Rick E. Furtney, president and chief operating officer, Intellon. "Our collaboration with Entropic is intended to meet the immediate market demand for these market-leading solutions while we work closely on next-generation technologies that will offer even higher multi-wire bandwidth with backwards compatibility to current de facto standards."
"The Intellon and Entropic collaboration represents a significant commitment to ensure compatibility for the future of home entertainment networking, based on solutions that are already widely deployed worldwide," said Vinay Gokhale, senior vice president, marketing and business development, Entropic. "We look forward to building our relationship with Intellon to accelerate adoption of easy to implement, high-performance home networking that provides complete coverage throughout the home using existing wiring."
Service providers and consumers alike will soon have the opportunity to learn first-hand how they can easily and cost-effectively deploy a robust, high-performance network within their home using wired home networking technologies. During CES 2010, the two companies plan to host a joint demonstration that showcases video streaming seamlessly between MoCA and HomePlug networks.
About Intellon Corporation
Intellon (Nasdaq:ITLN) is a market leader in powerline communications, providing HomePlug(R) compliant and other powerline integrated circuits for home networking, networked entertainment, BPL access, Ethernet-over-Coax (EoC), smart grid management and other commercial applications. Intellon created and patented the baseline technology for HomePlug 1.0, and is a major contributor to the baseline technology for the 200-Mbps PHY-rate HomePlug AV powerline standard and the draft IEEE P1901 powerline standard. With more than 35 million HomePlug-based ICs sold, Intellon is the market share leader in the HomePlug IC market. The Company was founded in 1989 and is headquartered in Orlando, Florida, with offices in Ocala, Florida, San Jose, California and Toronto, Canada. For additional information, visit www.intellon.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, OEM's and consumer electronic 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 & 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.
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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 leadership in providing MoCA enabled technology, and continued or future integration of Entropic's c.LINK or other technology into products of OEMs, and statements regarding Intellon's leadership in providing HomePlug products and the use of Intellon's HomePlug-based solutions in conjunction with Entropic products or in any of the applications or markets mentioned herein, statements regarding the anticipated benefits from the collaboration with Intellon, including accelerating the availability of hybrid home networking solutions, developing next-generation technologies that offer higher bandwidth, and developing home networking solutions that offer backwards compatibility with existing MoCA and HPAV devices and compatibility of the two technologies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's and/or Intellon'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 success of the collaboration by Entropic and Intellon, which will depend, in part, on each company continuing to devote sufficient resources to achieve the goals of the collaboration; the ability of both Entropic and Intellon to successfully address technical challenges and introduce new and enhanced products on a timely basis; risks associated with market acceptance of new products developed by Entropic and Intellon; the risk that the market for high-definition television-quality video and multimedia content delivery solutions may not develop as anticipated; the effect of intellectual property rights claims; the effects of competition, including the risk that other wireline or wireless technologies may achieve greater market acceptance than solutions developed by Entropic or Intellon; and other factors discussed in the "Risk Factors" sections of Entropic's Quarterly Report on Form 10-Q for the three months ended June 30, 2009 and Intellon's Quarterly Report on Form 10-Q for the three months ended June 30, 2009. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic and Intellon are providing this information as of the date of this release and do not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.