Sigma Designs Joins OCF IoT Standards Group

Sigma Joins industry leaders with mutual goal to unify IoT standards for device ecosystem harmony between Z-Wave and the OCF initiative.

Fremont, CA - June 1, 2017 - Sigma Designs, Inc. ® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for smart TV and Internet of Things (IoT) for smart home, today announced it has joined the Open Connectivity Foundation (OCF) with the aim to enable future IoT devices from the OCF ecosystem to interoperate with the Z-Wave certified device ecosystem. Sigma Designs will work in partnership with existing OCF members to define a unified standard for future OCF IoT devices to ensure interoperability and maintain high levels of security across standards.


In August 2016, Sigma Designs publicly released the Z-Wave specification to provide cloud service developers, gateway manufacturers, technology enthusiasts and makers access the Z-Wave interoperability layer for development of smart home applications. With the Public Z-Wave offering, Sigma Designs makes it possible for developers to create plug-ins for connections through OCF and cloud-based services to work directly with Z-Wave products and gateways. Public Z-Wave includes access to the Z-Wave interoperability layer, the API specification for Z/IP (Z-Wave over IP), Z-Ware (Z-Wave middleware) software products, as well as the full specification of Z-Wave's world-class S2 security application framework.

"Z-Wave is the dominant communication standard for smart home devices, leading the way with more than 70 million interoperable Z-Wave smart home devices worldwide. As an open standard, including the publicly released Z-Wave protocol and radio specification, we are supportive of all forms of open IoT platforms and interoperability. With Public Z-Wave, Sigma Designs extends the reach of cloud-based services and devices connecting through OCF to work directly with over 1,700 Z-Wave certified devices and gateways available today," said Raoul Wijgergangs, Vice President of the Z-Wave Business unit at Sigma Designs. "We have now joined OCF as it complements our direction to standardize and simplify the IoT smart home market for an open, unified method of accessing all IoT devices."

The burgeoning IoT market is expecting rapid growth with billions of connected devices coming online; however, device and technology fragmentation is confusing consumers and slowing adoption. In an effort to change this and promote interoperability, OCF wishes to create a common IoT standard and sponsor an open source project that will allow all IoT devices to communicate with each other. "We are proud to welcome Sigma Designs to our growing list of leading IoT member companies to help drive forward an open standard for interoperable products. Sigma Designs brings more than a decade of experience with smart home standards and now an open specification to enable open source development of Z-Wave solutions," said Dr. Matthew Perry, president Open Connectivity Foundation.

Developers utilizing Public Z-Wave also can benefit from Z-Wave's ultra-low power consumption, robust mesh networks and extremely secure communication strengthened by the recent Security 2 (S2) Application Framework release.
For more information on how to access the Z-Wave Public Spec, click here .

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 1700 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 450 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 trademark of Sigma Designs (NASDAQ SIGM) and its subsidiaries in the United States and other countries.

About the 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 Connected Smart TV platforms and Internet of Things (IoT) for smart home devices. For more information about Sigma Designs, please visit www.sigmadesigns.com.

Forward-Looking Statements
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 growth expected due to joining OCF, the added interoperability features of Z-Wave offerings, and the benefits of the addition of Public Z-Wave to the IoT family of products. Actual results may vary materially due to a number of factors including, but not limited to, consumer and customer acceptance and adoption of Public Z-Wave and the Z-Wave product line in the relevant regions, the ability of Z-Wave and the addition of Public Z-Wave to compete with other technologies or products in the IoT market, and the benefit of extending product reach in joining OCF, as well as other risks that are detailed from time to time in our reports to the Securities and Exchange Commission, including reports made on Form 10-K. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. We undertake no obligation to publicly 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.


Media Contacts:
Mary Miller
Sigma Designs
+1-510-897-1069
Mary_Miller@sigmadesigns.com

Alexandra Crabb
Caster Communications
+1-401-792-7080
alex@castercomm.com

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