At the Cable-Tec Expo® 2010 next week, Microtune®, Inc.
(NASDAQ:TUNE) will display advanced silicon tuner technologies that
are strategically fueling the worldwide cable industry’s migration
to DOCSIS® 3.0 wideband, all-digital and IP-based multimedia cable
TV services.
Microtune’s cable tuner chips provide the front-end electronics
that enable the reception of ultra-high speed data, high-definition
(HD) and on-demand video, digital telephony, and fast IPTV
downloads. When built into DOCSIS 3.0 cable modems, gateways or
set-top boxes, they deliver the high performance and reliability
required for the interactive, interconnected and personalized
services increasingly demanded by subscribers.
Microtune is a leading radio frequency (RF) silicon supplier to
the cable industry’s premier equipment manufacturers. A pioneer in
developing DOCSIS 3.0 tuners and amplifiers, the Company recently
announced that it has shipped more than 7.5 million of its DOCSIS
3.0 wideband cable tuners to worldwide customers.
Targeted to cable engineering professionals, CableTec Expo 2010
is the popular annual conference and exhibit sponsored each year by
the Society of Cable Telecommunications Engineers. This year the
Expo will be held October 20-22, 2010 at the Ernest N. Morial
Convention Center in New Orleans, LA. Microtune’s booth is located
in the first floor exhibit hall, space 525.
BOOTH TO SHOWCASE VARIETY OF RF SOLUTIONS AND CONSUMER
PREMISE EQUIPMENT
Microtune will showcase a range of RF chip solutions, evaluation
boards and reference designs in its booth. It will also feature a
wide variety of cable consumer devices that demonstrate how
Microtune technology can be flexibly implemented across single and
multi-tuner configurations for different application and
price/performance requirements. These consumer end products
include:
- DOCSIS 3.0 CABLE MODEMS: Cable
modems and routers that offer high-speed delivery of data over IP,
reaching transmissions speeds of more than 100 Mbps;
- DOCSIS 3.0 AND 2.0 EMBEDDED
MULTIMEDIA TERMINAL ADAPTORS (EMTAS): Cable endpoint devices
that deliver combined voice and high-speed data services with
quality and reliability;
- DOCSIS 3.0 WIRELESS GATEWAYS:
Advanced, feature-rich DOCSIS 3.0 gateways with 8x4 channel bonding
and advanced wireless routers that deliver high-speed data via
802.11n wireless or Gigabit Ethernet in the home;
- DIGITAL CABLE HD/DVR SET-TOP
BOXES: Multi-tuner, multifunctional set-tops that deliver
high-quality, very reliable HD, video-on-demand and time-shifted
video programming;
- DIGITAL CABLE SET-TOP BOXES:
Basic set-top boxes that deliver high-quality digital video
reception with low RF bill of materials cost; and
- DIGITAL TERMINAL ADAPTER (DTA):
Inexpensive set-top box solutions that enable cable operators to
transition subscribers from analog programming directly to digital
programming.
“At the SCTE Cable-Tec Expo, our booth will showcase our
technologies and our customers’ products that are bringing new
entertainment and information choices to the cable consumer. Our
goal is to provide the advanced silicon tuners that allow our cable
customers to grow their business, to leverage technology shifts and
to counter competitive threats,” said Barry F. Koch, Executive Vice
President of Microtune.
FOR MORE INFORMATION ABOUT MICROTUNE
Microtune offers a complete portfolio of RF solutions for
broadband cable access, providing the radio frequency (RF) building
blocks that enable advanced voice, video, and data services. When
integrated into consumer premise equipment, Microtune products
enable wider bandwidths, more digital and HD channels, faster IP
video download speeds, in-home networking compatibility, and more
telecommunications options. For more information about Microtune’s
DOCSIS 3.0 products or its complete suite of RF solutions for the
cable television market, visit the Company’s website at
www.microtune.com.
ABOUT MICROTUNE
Microtune, Inc. is a receiver solutions company that designs and
markets advanced radio frequency (RF) and demodulator electronics
for worldwide customers. Its products, targeted to the cable,
digital television and automotive entertainment markets, are
engineered to deliver high-performance and reliable video, voice
and data signals across a diverse range of end products, from
HDTVs, set-top boxes and cable modems to car radios. Microtune is
headquartered in Plano, Texas, with key design and sales centers
located around the world. The website: www.microtune.com or
www.microtune.cn.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
This document contains certain forward-looking statements about
Microtune, Inc. (“Microtune”) that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in the forward-looking statements.
These factors include, but are not limited to: (1) the occurrence
of any event, change or other circumstances that could give rise to
the termination of the merger agreement; (2) the outcome of any
legal proceedings that have been and may be instituted against
Microtune and others following announcement of the proposal or the
merger agreement; (3) the inability to complete the merger due to
the failure to obtain stockholder approval, (4) the inability to
obtain necessary regulatory approvals required to complete the
merger; (5) the risk that the proposed transaction disrupts current
plans and operations and the potential difficulties in employee
retention as a result of the merger; (6) the ability to recognize
the benefits of the merger or of any combination of Microtune and
Zoran Corporation; (7) the timing of the initiation, progress or
cancellation of significant contracts or arrangements, the mix and
timing of services sold in a particular period; and (8) the
possibility that Microtune may be adversely affected by other
economic, business, and/or competitive factors. Except as required
by law, Microtune is under no duty to update any of the
forward-looking statements after the date of this document to
conform to actual results.
These and other risks that are set forth in the “Risk Factors,”
“Legal Proceedings” and “Management's Discussion and Analysis of
Financial Condition and Results of Operations” sections of and
elsewhere in Microtune’s Annual Report on Form 10-K for the year
ended December 31, 2009 and Microtune’s most recent Quarterly
Report on Form 10-Q for the quarter ended June 30, 2010, each as
filed with the Securities and Exchange Commission. Many of the
factors that will determine the outcome of the subject matter of
this document are beyond Microtune’s ability to control or
predict.
Important Additional Information and Where to Find
It.
On September 23, 2010, Microtune, Inc. (“Microtune”) filed with
the Securities and Exchange Commission (the “SEC”) a preliminary
proxy statement in connection with the proposed merger with Zoran
Corporation, pursuant to which Microtune would be acquired by Zoran
Corporation (the “Merger”) and intends to file a definitive proxy
statement with the SEC. Investors and stockholders are urged to
read the preliminary proxy statement carefully and, when it becomes
available, the definitive proxy statement as well as any other
relevant documents filed with the SEC when they become available
because they will contain important information about the merger
and the parties to the merger. The information in the preliminary
proxy statement is not complete and may be changed. Before making
any voting or investment decisions with respect to the proposed
merger or any of the other matters with respect to which
Microtune’s stockholders will be asked to vote pursuant to the
proxy statement, Microtune’s stockholders are urged to read the
definitive proxy statement and other documents filed by Microtune
when they become available. Investors and stockholders may obtain a
free copy of the preliminary proxy statement and the definitive
proxy statement (when available) and other documents filed by
Microtune at the SEC website at http://www.sec.gov. The preliminary
proxy statement, definitive proxy statement (when available) and
other documents also may be obtained for free at Microtune’s
Internet website at www.microtune.com or from Microtune by
contacting Investor Relations by telephone at 972-673-1850 or by
mail at Microtune, Inc., 2201 10th Street, Plano, Texas, 75074,
Attn: Investor Relations Department. In connection with the special
meeting of Microtune stockholders to approve the adoption of the
merger agreement, Microtune will mail copies of the definitive
proxy statement to Microtune stockholders who are entitled to
attend and vote at the special meeting which is determined by the
stockholders of record on October 18, 2010.
Microtune and Zoran and their respective directors, executive
officers and other members of their management and employees, under
SEC rules, may be deemed participants in the solicitation of
proxies from Microtune stockholders in connection with the proposed
Merger. Information regarding Zoran’s directors and officers is
available in Zoran’s proxy statement for its 2010 annual meeting of
stockholders and Zoran’s 2009 Annual Report on Form 10-K, which
were filed with the SEC on April 29, 2010 and March 1, 2010,
respectively. Information concerning the interests of Microtune’s
participants in the solicitation, which may, in some cases, be
different than those of Microtune stockholders generally, is set
forth in Microtune’s proxy statement for its 2010 Annual Meeting of
Stockholders, which was filed with the SEC on April 9, 2010 and
available on Microtune’s website at www.microtune.com and is also
set forth in the preliminary proxy described above and will be set
forth in the definitive proxy statement relating to the merger when
it becomes available.
EDITOR’S NOTE:
Microtune is a registered trademark and MicroTuner is a
trademark of Microtune, Inc. Copyright © 2010 Microtune, Inc. All
rights reserved. All other trademarks are the property of their
respective holders.
CableLabs and DOCSIS, and EuroDOCSIS are trademarks of Cable
Television Laboratories, Inc.
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