IRVINE, Calif., Sept. 2/PRNewswire/ -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that the Broadcom® BCM7400 satellite set-top box (STB) system-on-a-chip (SoC) solution has been chosen by leading digital media equipment company EchoStar Technologies L.L.C., a subsidiary of EchoStar Corporation (Nasdaq: SATS), for its SlingLoaded™ 922 high definition digital video recorder (HD DVR). This is the world's first HD DVR to incorporate place shifting technology enabling users to easily watch their home television on other consumer electronics devices such as laptop computers and smartphones. This announcement is being made in conjunction with Set-Top Box 2010 – a consumer electronics conference held in San Jose, California, September 1-2, 2010.
EchoStar delivered the SlingLoaded 922 HD DVR to the 'pay-TV' market this year, bringing a breakthrough TV experience to subscribers.
Broadcom's BCM7400 satellite STB SoC solution provides secure access, storing and sharing multiple types of digital media, including HDTV programs, video-on-demand (VoD), Internet content, digital video, music and photos.
It combines advanced audio/video decompression supporting the H.264 standard, rich on-screen graphics, a powerful CPU, and robust security technologies.
The SlingLoaded 922 is an entertainment centerpiece developed by EchoStar and its Sling Media, Inc. that combines the best of video and IP technologies enabling users to watch and control their favorite TV shows and sporting events from anywhere in the world via a broadband Internet connection on their laptop or mobile phone. With the ability to access multiple video sources, viewers will have a multitude of shows to watch, and with a massive 1 terabyte hard drive, the 922 provides up to 1,000 hours of media storage which includes hard drive support for additional media storage.
Mark Jackson, President, EchoStar Technologies L.L.C.
"Satellite, telecommunications and cable operators can benefit from the design and engineering expertise included in the award-winning 922. The Broadcom solution is an important tool for powering the all new graphic-rich user interface."
Dan Marotta, Executive Vice President & General Manager, Broadcom's Broadband Communications Group
"With the growing popularity of HDTV and DVR technologies, consumers demand more than just a static television viewing experience – they want a true multimedia experience. Broadcom's many years of expertise in designing chips for the cable, satellite and TV industries enables us to develop solutions that meet the high performance requirements of advanced TV technologies as well as the sophisticated, on-screen graphics for EchoStar's unique user interface. The SlingLoaded 922 underscores our commitment to enhancing the consumer entertainment experience in the home."
EchoStar Technologies L.L.C., a wholly owned subsidiary of EchoStar Corporation, spans 25 years of delivering innovations in TV entertainment, advanced set-top boxes, and end-to-end video delivery systems. EchoStar designs and engineers products for satellite, IPTV, cable, terrestrial and consumer electronics markets worldwide by combining engineering, supply chain, manufacturing and service into one company. With more than 2,000 professional employees worldwide, EchoStar provides customers with competitive business strategies, practices, and reduced product and operational costs. For more information, please visit www.echostar.com.
Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything®.
Broadcom, one of the world's largest fabless communications semiconductor companies, with 2009 revenue of $4.49 billion, holds more than 4,300 U.S. and 1,800 foreign patents, and has more than 7,900 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.
A FORTUNE 500® company, Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at www.broadcom.com.
Cautions regarding Forward-Looking Statements:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. Examples of such forward-looking statements include, but are not limited to, Broadcom's ability to enhance the entertainment experience in the home. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
Important factors that may cause such a difference for Broadcom in connection with the Broadcom BCM7400 set-top box SoC solution include, but are not limited to:
the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory;
the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in our target markets;
competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products;
changes in our product or customer mix; and
the volume of our product sales and pricing concessions on volume sales.
Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law.
Broadcom®, the pulse logo, Connecting everything®, and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
EchoStar Safe harbor
Except for historical information contained herein, the matters set forth in this press release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in EchoStar Corporation's Disclosure Regarding Forward-Looking Statements included in its recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K and its most recent quarterly report on Form 10-Q. The forward-looking statements speak only as of the date made, and EchoStar Corporation expressly disclaims any obligation to update these forward-looking statements.