Baros Joins SigmaTel Licensing Program.AUSTIN, Texas -- SigmaTel, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SGTL SGTL Silicon Graphics Teaching Laboratory ), a leader in mixed-signal multimedia semiconductors, today announced that Baros GmbH, a Germany-based consumer electronic retailer/distributor, has agreed to join SigmaTel's global licensing program. As part of the agreement, Baros will pay royalties on portable audio devices sold that are not based on SigmaTel solutions. "We intend to require all of our players to be SigmaTel-based in the near future," said Baros General Manager Alexander Osberger. "We respect the impressive IP portfolio SigmaTel has established and we understand how costly it would be for any MP3 manufacturer to have their shipments seized during the upcoming 2006 holiday season." "SigmaTel's business is based on innovation and our continued success is based on our ability to protect that innovation," said Ron Edgerton, president and chief executive officer of SigmaTel. "The agreement with Baros guarantees that European consumers will continue to benefit from the market leading MP3 audio technology delivered by SigmaTel." SigmaTel announced the expansion of the company's intellectual property (IP) licensing program in January and the European border seizure measure was implemented in July of this year. The licensing program is focused on IP used in MP3 players A digital music player that supports the MP3 format, which was the audio format that started a revolution in online music downloads and distribution. All portable music players, the iPod being the most popular, support MP3 along with one or more other audio formats. or in portable audio System on Chip (SoC) solutions for MP3 players and covers patents that SigmaTel has been awarded or has acquired in China, Korea, Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For more information on SigmaTel, please visit www.sigmatel.com. About Baros GmbH: Baros GmbH is a European wide importer and distributor of innovative IT products such as MP3 player, pen drives etc. based in Germany. The major customers are large retailers. About SigmaTel: SigmaTel, Inc. a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. headquartered in Austin, Texas, designs, develops, and markets proprietary, analog intensive, mixed-signal ICs for a variety of digital multimedia products in the consumer electronics and computing markets, including portable compressed audio players, such as MP3 players, notebook and desktop PCs, digital video cameras, multi-function peripheral products, digital televisions, and set-top boxes The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. . SigmaTel provides complete, system-level solutions that include highly-integrated ICs, customizable firmware A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA. and software, software development tools, reference designs, and applications support. The Company's focus is on providing system-level solutions that enable customers to rapidly introduce and offer electronic products that are small, light-weight, power-efficient, reliable, and cost-effective. SigmaTel is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified and is committed to providing customers with high performance, quality products along with superior customer service. Cautionary Language: This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on current SigmaTel expectations. The words "expect," "will," "should," "would," "anticipate," "project," "outlook," "believe," "intend," and similar phrases as they relate to SigmaTel or future events are intended to identify such forward-looking statements. These forward-looking statements reflect the current views and assumptions of SigmaTel, but are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. A number of important factors could cause actual results to differ materially from those in the forward-looking statements, and there will be events in the future that SigmaTel is not able to accurately predict or control. For a discussion of factors that could impact SigmaTel's financial results and cause actual results to differ materially from those in the forward-looking statements, please refer to recent SigmaTel filings with the SEC, particularly the form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. that was filed on February 24, 2006, and the form 10-Q Form 10-Q See 10-Q. filed on August 9, 2006. SigmaTel is a registered trademark of SigmaTel, Inc. All other products and brand names as they appear in this release are trademarks or registered trademarks of their respective holders. All specifications may be changed without notice. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion