LAS VEGAS, Jan. 08, 2018 (GLOBE NEWSWIRE) -- CES 2018 Venetian Ballroom - Sigma
Designs (NASDAQ:SIGM), a leading provider of intelligent system-on-chip (SoC)
solutions for smart home IoT, today unveils its new 700-Series Z-Wave platform,
which include numerous performance and technological enhancements in
energy-efficiency and RF performance, while being cost-effective, built to
power the context-aware smart home.
Z-Wave 700-Series is a long range, low power and future-proof hardware platform
with integrated software tools and building blocks enabling a whole new
generation of Z-Wave sensor devices. 700-Series will drive the battery-powered
device trend, empowering Artificial Intelligence and Machine Learning systems
to utilize sensor data and make smart homes smarter, safer, and more connected.
"Sigma's Z-Wave 700-Series chip will completely reshape the meaning of smart
home. It solves for many of today's technological barriers, while being the
most flexible, interoperable platform, bringing smart home functionality to a
new level," said Raoul Wijgergangs, VP of Sigma Designs' Z-Wave Business Unit.
"700-Series opens opportunities for new classes of sensors that weren't
possible before, while making remarkable improvements to existing device
categories. 700-Series is creating a path to full home installations, moving
from tens of Z-Wave devices to hundreds of Z-Wave devices per home. Our new
platform assures the environment that will take homes from smart to truly
intelligent."
Key features of the 700-Series platform include:
-- Low power: 700-Series will have best-in-class low power radio performance
enabling multiyear battery lifetime and more than 10-year sensor lifetime
on a coin-cell.
-- Long range: 700-Series platform will enable range of more than 300 feet,
covering multi-stories in a house and the far end of the yard.
-- Low cost and fast time to market: 700-Series gets developers started fast
with low cost developer kits, tools and readymade certified reference code
ensuring minimum time from prototype to certified product.
-- High performance: Powerful ARM
-based platform with large memory on the chip and many peripherals,
enabling intelligence at the edge with fast energy efficient computation
and secure inclusion in less than one second.
-- Certified interoperable and backwards compatible: Every 700-Series device
will have the highest level of security in the smart home with Z-Wave
Security 2 (S2) framework and consistent easy install with Z-Wave
SmartStart.
The energy-efficient and long range wireless communication with the 700-Series
Z-Wave platform, allows smart home sensors to go beyond the current limits.
This means that smart homes can extend to the yard, the end of the driveway and
seamlessly cover multiple stories in a home. The extremely low power
consumption enables new small form factor Z-Wave sensors which can be embedded
into new places such as into furniture, windows and even behind dry walls.
The 700-Series platform will continue to utilize and build on top of core
Z-Wave features such as S2 and SmartStart. Sigma's Security 2 (S2)
architecture, which combines existing and new security features, allows Z-Wave
to continue to be the safest, most secure ecosystem of smart devices on the
global market. SmartStart is an easy way to automatically create and configure
Z-Wave networks for instant device installation success. Comprising the new
Z-Wave protocol and gateway software layers, SmartStart pre-configures devices
to the network before they reach the home, dramatically reducing installation
time, and thereby costs, to maximize return on investment (ROI) for installers
and remove difficulty of DIY installations for homeowners.
About Sigma Designs
Sigma Designs, Inc. (NASDAQ:SIGM) is a world leader in enabling smart home
convergence. The company designs and builds the essential semiconductor
technologies that serve as the foundation for the world's leading Connected
Smart TV platforms, and Internet of Things (IoT) for smart home devices. For
more information about Sigma Designs, please visit www.sigmadesigns.com.
About Z-Wave
Z-Wave technology is an open internationally recognized ITU standard (G.9959).
It is the leading wireless home control technology in the market today, with
over 2400 certified interoperable products worldwide. Represented by the Z-Wave
Alliance, and supported by more than 700 companies around the world, the
standard is a key enabler of smart living solutions for home safety and
security, energy, hospitality, office and light commercial applications.
Z-Wave is a registered trademark of Sigma Designs and its subsidiaries in the
United States and other countries.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, including statements about the anticipated features,
benefits, capabilities and performance of Sigma's products and solutions,
specifically Sigma's 700- series chipset. The following factors could cause
actual results to differ materially from those in the forward-looking statement
including but not limited to: general economic conditions, including the rate
of adoption of Sigma's 700-series chipset, Sigma's ability to deploy and
achieve market acceptance for the 700 series chipset and other products in its
target markets, changes in technology, and other risks that are detailed from
time to time in Sigma's SEC reports, including its annual report on Form 10-K.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Sigma undertakes no
obligation to publicly release or otherwise disclose the result of any revision
to these forward-looking statements that may be made as a result of events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Press Contacts:
Mary Miller
Sigma Designs
+1-510-897-1069
Mary_Miller@sigmadesigns.com
Alexandra Crabb
Caster Communications
+1-401-792-7080
alex@castercomm.com© 2018 GlobeNewswire
