Faster Time to Market and Reduced Cost for Z-Wave Smart Home Device Developers

MILPITAS, CA -- (Marketwired) -- Sigma Designs® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for Smart TV, Internet of Things (IoT) for Smart Home and set-top-boxes (STBs), today announced the launch of two new development kits that empower gateway, router and controller companies to create Z-Wave products and services for the IoT in the fastest and easiest possible way, leveraging Z-Wave over IP (Z/IP) software. The new development kits provide streamlined tools for the development of Z-Wave controllers and end-devices. Sigma Designs will demonstrate the new development tools at CES 2015, January 6-9 in Las Vegas, at the Westgate Hotel (formerly LV Hilton), Santa Fe Suite #2990, and in the Z-Wave Alliance Pavilion South Hall 20900.

The Smart Home has become the face of the IoT, with explosive growth predicted. IHS Technology reports the smart home market will grow 56% per year for the next 3 years, with Strategy Analytics projecting that by 2020, 224M homes will have some form of smart home system.

Market-leading Z-Wave technology, with some 35M interoperable devices already deployed in homes around the world, is addressing this accelerated pace with the launch of these new development kits. These new solutions provide all the resources and assets needed to easily and quickly develop Z-Wave controllers and devices for Smart Home IoT applications.

The Z-Wave Controller Development Kit is designed to meet IoT for Smart Home market needs for both in-home and cloud based services, as well as development for gateways, portals, televisions, set-top boxes, and additional consumer electronics products and services. Feature-rich, IoT-enabled development is greatly expedited through the inclusion of serial API, Z/IP Gateway, Z-Ware C-API, and access to full source code.

Key Benefits:

Faster time to market - A Z-Wave gateway/router prototype can be built within one week.

Reduced development cost to enter the IoT Smart Home market

Source code stacks as a resource on which to build OEM applications

A single kit for product development serves all regions in the world

Sigma Designs' Z-Wave Embedded Development Kit consists of the hardware and software tools required to develop Z-Wave embedded IoT for Smart Home end-devices such as door locks, lights, sensors and thermostats.

The Z-Wave Embedded Development Kit includes:

Embedded sample applications for quick prototyping

Framework for building new software applications

Z-Wave protocol sniffer tools for analyzing and resolving issues

Z-Wave RF modules for building prototypes

Versatile development module for easy hardware prototyping

All licensees of the Z-Wave Embedded Development Kit are entitled to free online support, and invited to attend any of the many free Z-Wave technical training events held around the globe.

"Our goal as the market leader was to hone our development tools, so that new market entrants can use the Z-Wave platform as easily as long-established developers, and innovate and participate in the IoT for Smart Home gold rush," said Raoul Wijgergangs, Vice President of the Z-Wave Business Line for Sigma Designs. "The Z-Wave value for new entrants is that when they join a community of over 1200 interoperable products, they hit the ground running with their new product offering, as it adds to an existing, thriving ecosystem. We've made an already swift process even easier with this next generation of development kit tools."

To schedule a demonstration of the Z-Wave IoT Development Kit at CES 2015, please send your request to [email protected].

For more information about Sigma Designs, visit www.sigmadesigns.com.

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About Z-Wave

Z-Wave technology is an open internationally recognized ITU standard (G.9959). It is the leading wireless home control technology in the market today, with over 1200 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 300 companies around the world, the standard is a key enabler of smart living solutions for home safety and security, energy, hospitality, office and light commercial applications.

Z-Wave® is a registered trade mark of Sigma Designs and its subsidiaries in the United States and other countries.

About Sigma Designs

Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in enabling smart home convergence. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world's leading IPTV set-top boxes, Smart TV, connected media players, Internet of Things (IoT) for smart home devices and residential gateways and whole home media connectivity. For more information about Sigma Designs, please visit www.sigmadesigns.com.

Sigma Designs, Secure Media Processor, and the Sigma Designs logo are either registered trademarks or trademarks of Sigma Designs, Inc. and its subsidiaries in the United States and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements about the anticipated features and benefits of Sigma's products and solutions with respect to the Z-Wave development kit and product line. Actual results may vary materially due to a number of factors including, but not limited to, consumer and customer acceptance of the features provided in the new generation Z-Wave development kit, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, including the IoT market, the ability of Sigma's development kit to compete with other technologies or products in these markets as well as other risks that are detailed from time to time in Sigma's SEC reports, including its report on Form 10-Q.Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. Sigma undertakes no obligation to publically release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact Information:

Mary Miller

Sigma Designs

+1-408-957-9885

[email protected]