KT Uses Dasan STBs

MILPITAS, Calif. -- Sigma Designs (Nasdaq:SIGM - News), a leader in digital media processing for consumer electronics, and DASAN Networks, Korea's leading supplier of broadband access equipment, announced that Korea Telecom (KT) has selected DASAN Networks for deployment of fiber-to-the-home (FTTH) equipment for their Megapass TV service. Under the contract, customers that sign up for KT's flagship Megapass TV service will be offered a DASAN Network IPTV set-top box that is powered by Sigma Designs' market leading SMP8634 media processor."Korea is committed to high-volume deployment of FTTH technology and we are pleased to win this contract with Sigma Designs as they are the only silicon supplier with experience in deploying IPTV set-top boxes in the millions of units," said Min Woo Nam, CEO, DASAN. "Our partnership will enable us to meet our goal of delivering cost-effective, reliable, and high performance FTTH network equipment supporting triple-play services of video, voice, and data." Korea Telecom's New Megapass TV Advanced Video Services

Megapass is the flagship high-speed broadband service of KT, currently providing broadband rates up to 50 mbps, the highest speed among all broadband services in Korea. For their new Megapass TV offering, KT intends to use fiber-to-the-home (FTTH), a fiber-optics deployment that is carried all the way to the customer's home. FTTH is a more upgraded version than the existing copper-line-based ADSL service, ensuring a safer connection and serving as a bridge to the next generation telecom broadcasting convergence services, such as internet protocol television (IPTV).

The new Megapass TV will feature a multitude of services, including live television, pay-per view, high definition content, video-on-demand, and a host of interactive services. Video-on-demand is expected to be one of the most compelling aspects of the service and will offer more than 2,500 titles for consumer selection. KT expects to begin volume deployments of Megapass TV in July of this year.

Sigma Designs Inc. (Nasdaq: SIGM)

DASAN Zhone Solutions Inc.

KT Corp.