NMGC Neomagic Corp (MM)

SANTA CLARA, Calif. and BEIJING, June 16 /PRNewswire-FirstCall/ -- NeoMagic Corporation (NASDAQ:NMGC), a pioneer in developing mobile multimedia solutions, and Innofidei, Inc., a leading IC supplier for the mobile TV market in China, today announced that they have successfully demonstrated a mobile TV solution based on the CMMB (China Multimedia Mobile Broadcasting) standard. The CMMB standard is supported by SARFT (State Administration of Radio, Film and Television) and the broadcast infrastructure is currently being deployed. Live broadcast will be available in 37 cities during the Olympic Games in Beijing in August 2008. It is expected that a population of 94 million people in China will be able to receive live television in 2009. NeoMagic provides the multimedia processor that decodes the broadcast TV signal while Innofidei provides the IF101 demodulator/tuner chip. The total solution enables a high quality mobile TV experience with very low power consumption, making it ideal for portable applications. Multiple end products can benefit from this 2-chip solution: Mobile phones, Personal Multimedia Players, GPS navigation devices or stand-alone mobile TV players. NeoMagic can support all implementations with the NeoMobileTV co-processor (ideal for easy integration into a feature phone or a device with an existing host processor) or the MiMagic 8 application processor (ideal for smart phones and stand-alone mobile TVs). Both companies focus on delivering the best image and sound quality while optimizing power consumption at the chip and system level. This translates into an optimal mobile TV experience for the consumer that wants to watch TV on the go while not sacrificing battery life on their mobile device. "I am pleased that our efforts with Innofidei over the past few months have created new opportunities for us in China," said Douglas Young, President and CEO of NeoMagic Corporation. "With the deployment of the mobile TV broadcast infrastructure, CMMB is poised to become a hot feature for portable devices and our joint implementation can help customers get to market faster." "We are thrilled that our cooperation with NeoMagic led to the demonstration of a high quality mobile TV experience for the fast growing China market," stated Dr. Tom Zhang, Chairman, President and CEO of Innofidei, Inc. "With our products and solutions, various kinds of CMMB terminals will be launched faster to give customers a wider range of choices during the 2008 Beijing Olympic Games and beyond." Availability: The MiMagic 8 from NeoMagic and the IF101 from Innofidei are available now in production quantities. Samples of the NeoMobileTV from NeoMagic are available now. The joint CMMB mobile TV solution, including reference design schematics and software, is available now for demonstration to customers. About NeoMagic NeoMagic Corporation delivers semiconductor chips and software that enable new multimedia features for handheld devices. These solutions offer low power consumption, small form-factor and high performance processing. The Company demonstrated one of the first solutions used for H.264 video decoding in a mobile digital TV phone, and is developing and delivering solutions for audio/video processing of the dominant mobile digital TV standards, including ISDB-T, T-DMB and DVB-H. For its complete system solution, NeoMagic delivers a suite of middleware and sample applications for imaging, video and audio functionality, and provides multiple operating system ports with customized drivers for the MiMagic product family. NeoMagic has a strong patent portfolio that covers NeoMagic's proprietary array processing and other technology. Information on the Company may be found at http://www.neomagic.com/. NeoMagic and the NeoMagic circle logo are registered trademarks, and MiMagic and NeoMobileTV are trademarks, of NeoMagic Corporation. All other trademarks are the property of their respective owners. NeoMagic disclaims any proprietary interest in the marks and names of others. About Innofidei Founded in 2006 in Beijing with operations in Beijing, Shenzhen, Silicon Valley and Taipei, Innofidei dedicates itself to provide enabling IC and system solutions for the mobile TV broadcast market. Using proprietary design techniques and methodology, Innofidei products and solutions offer low power consumption, high performance and low cost advantages. So far the company has demonstrated the first and best demodulator chip IF101 for CMMB, and started mass production, which can meet the demand from large number of CMMB terminals before the 2008 Beijing Olympic Games. For its complete system solution, Innofidei offers advanced RF/Mixed Signal technologies and mobile TV broadcast transmitting systems. The unique and patent-pending technology enables Innofidei customers to leapfrog competition in terms of quality, functionality and performance, while maintaining the reliability and scalability to out-last competition. Innofidei combines both a proven management team and a proven technical team. The two founders are both proven entrepreneurs and are on their second chip venture. The company has put together a very strong team bringing international experience to the domestic China market. Innofidei is well positioned to grow into a dominant and long-standing player in the mobile digital TV field. Information on the Company may be found at http://www.innofidei.com/. (Logo: http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO) http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO http://photoarchive.ap.org/ DATASOURCE: NeoMagic Corporation CONTACT: Pierre-Yves Couteau, Vice President of Marketing of NeoMagic Corporation, +1-408-988-7020; or Stanley Wang, CTO, Vice President of Innofidei Technology, +86-10-8215-8603 Web site: http://www.neomagic.com/ http://www.innofidei.com/

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