HOD HASHARON, Israel, June 9, 2022
/PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a premier
provider of high-speed connectivity solutions for the audio-video
and automotive markets, today announced that a full suite of more
than 24 Professional Audio-Video (ProAV) products from Crestron
Electronics, the global leader in workplace and smart home
technology, are powered by the Valens Stello family. These products
support a new era of technological innovation for Audio-Video,
bringing to the industry a truly uncompressed 4K60@4:4:4 video
distribution solution.
Crestron has already introduced to market multiple Valens
Stello-based products, including the popular 4K HD-PS presentation switchers and end points
from its DM Lite® product lines, which have been met with strong
market demand. Crestron's products are on display at the company's
booth (#W603) at InfoComm (June 8-10,
2022).
The Crestron products incorporate chipsets from the Valens
Stello family, which implements the latest generation of the
HDBaseT standard, HDBaseT 3.0. The Valens Stello chipsets offer
unparalleled technological capabilities and are the only ones on
the market that can converge and extend fully uncompressed HDMI 2.0
4K60@4:4:4 Video, 1Gbps Ethernet, Hi-Speed USB, Controls, and
Power, over a single Category cable for distances of up to 100
meters (328ft).
"It is a testament to the confidence we have in our long-lasting
relationship with Valens Semiconductor that we chose to base such a
robust product line on their technology," said Dan Brady, Chief Operating Officer at Crestron
Electronics. "The Valens Stello chipsets allow us to bring the
long-distance distribution of truly uncompressed HDMI 2.0 to the
market. We are confident that our Valens Stello-based DM Lite
products answer a clear market need, from enterprise to education
and beyond."
"Crestron sets the tone when it comes to innovation in the ProAV
world," said Gabi Shriki, SVP and
Head of Audio-Video at Valens Semiconductor. "There has already
been strong adoption of the Valens Stello, our latest and most
feature-rich Audio-Video chipset, but Crestron's products will
certainly open the floodgates for greater market adoption of our
state-of-the-art chipsets."
About Valens Semiconductor
Valens Semiconductor pushes the boundaries of connectivity by
enabling long-reach, high-speed video and data transmission for the
Audio-Video and Automotive industries. Valens' HDBaseT® technology
is the leading standard in the Audio-Video market with tens of
millions of Valens' chipsets integrated into thousands of products
in a wide range of applications. Valens' Automotive chipsets are
deployed in systems manufactured by leading customers and are on
the road in vehicles around the world. Valens is a key enabler of
the evolution of ADAS and autonomous driving and its advanced
technology is the basis for the new industry standard for
high-speed in-vehicle connectivity.
For more information: www.valens.com.
Forward-Looking Statements
Valens may, in this communication, make certain statements that
are not historical facts and relate to analysis or other
information which are based on forecasts or future or results.
Examples of such forward-looking statements include, but are not
limited to, statements regarding future prospects, product
development and business strategies. Words such as "expect,"
"estimate," "project," "budget," "forecast," "anticipate,"
"intend," "plan," "may," "will," "could," "should," "believes,"
"predicts," "potential," "continue," and similar expressions are
intended to identify such forward-looking statements but are not
the exclusive means for identifying such statements. By their very
nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and there are risks that
the predictions, forecasts, projections and other forward-looking
statements will not be achieved. You should understand that a
number of factors could cause actual results to differ materially
from the plans, objectives, expectations, estimates and intentions
expressed in such forward-looking statements, including the risks
set forth under "Risk Factors" in our Registration Statement on
Form F-1 and our other SEC filings. Valens cautions readers not to
place undue reliance upon any forward-looking statements, which
speak only as of the date made. Valens does not undertake or accept
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements to reflect any change
in its expectations or any change in events, conditions or
circumstances on which any such statement is based.
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Media Contact:
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
yoni.dayan@valens.com
Valens Investor Contacts:
Daphna Golden
Vice President Investor Relations
Valens Semiconductor Ltd.
investors@valens.com
Moriah Shilton
Financial Profiles, Inc.
valensir@finprofiles.com
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SOURCE Valens Semiconductor