Global Invacom Selects MaxLinear's Channels

RNS Number : 6430Z

Global Invacom Group Limited

31 May 2016

 

Global Invacom Selects MaxLinear's Satellite Channels Stacking IC for Deployment of Digital Channel Stacking Switch

 Major European satellite operator commences installations and service

Marina Bay Sands, London, May 31 2016 - MaxLinear Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks, and wireless infrastructure, today announced that Global Invacom Group Limited ("Global Invacom") has commenced shipments of its new FibreIRS digital channel stacking gateway termination unit (dSCR GTU), which uses MaxLinear technology, to a major European satellite operator.

Global Invacom, a world leader in satellite communications equipment, said it had chosen MaxLinear's EN5520 digital channel stacking switch (dCSS) IC for use in its FibreIRS system.

Global Invacom's FibreIRS system uses fiber infrastructure to deploy multi-channel programming and gateway receiver architecture to large housing developments. This solution is more cost and energy efficient than traditional coaxial switched amplifier systems.

Using the EN5520, each output from FibreIRS can now provide up to 32 dynamically programmable user bands and dual L-band outputs, supporting multiple tuners and demodulators over a single-cable satellite communications architecture.    

Malcolm Burrell, Director of Advanced R&D and Executive Director of Global Invacom, said: "MaxLinear has a proven track record in the satellite outdoor unit market as the global leader in traditional analog CSS technologies and an innovator of dCSS solutions. We believe MaxLinear's EN5520 is the premier choice for housing development applications at tier-1 service operators due to its low power, rich feature set, small size and design flexibility."

Will Torgerson, Vice President and General Manager of Broadband Group at MaxLinear, said: "We are pleased that Global Invacom has selected our technology for its latest generation of fiber distribution products. These products enable the rapid deployment of new, feature rich, multi-channel services by leveraging the capabilities of our market-proven EN5520 digital channel stacking IC."

"A single EN5520 can support up to 32 tuners over a single cable, enabling multiple subscribers to be supported from a single IC, lowering overall subscriber acquisition costs, and adding more flexibility to offer advanced multi-channel services," he added.

About Global Invacom

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K. Global Invacom is a fully integrated satellite equipment provider with seven manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and U.S-based DISH Network.

On 24 August 2015, Global Invacom completed the acquisition of Skyware Global, a leading U.S.-based designer and supplier of satellite antennas products and services for C-band, Ku-band and Ka-band frequency platforms, positioning itself as the world's only full-service outdoor unit supplier. Global Invacom provides a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in TV peripherals, computer peripherals, medical, and consumer electronics industries.

For more information: www.globalinvacom.com

About MaxLinear, Inc.

MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks, and wireless infrastructure markets. MaxLinear is headquartered in Carlsbad, California. For more information, please visit www.maxlinear.com.

MxL, Full-Spectrum Capture, FSC and the MaxLinear logo are trademarks of MaxLinear, Inc. Other trademarks appearing herein are the property of their respective owners.

Cautionary Note About Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, among others, statements concerning or implying future financial performance or trends and growth opportunities affecting MaxLinear, including statements related to the performance of the EN5520. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from any future results expressed or implied by these forward-looking statements. We cannot predict whether or to what extent we will successfully commercialize and realize revenues from the CMS-02.   Forward-looking statements are based on management's current, preliminary expectations and are subject to various risks and uncertainties, including (among others) risks relating to integration of our recently announced acquisition of assets from Microsemi Corporation and our pending acquisition of assets from Broadcom; intense competition in our industry; the ability of our customers to cancel or reduce orders; uncertainties concerning how end user markets for our products will develop; our lack of long-term supply contracts and dependence on limited sources of supply; potential decreases in average selling prices for our products; currently pending intellectual property litigation; and the potential for additional intellectual property litigation, which is prevalent in our industry. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in MaxLinear's filings with the United States Securities and Exchange Commission, including our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2015 as amended by Amendment No. 1 filed with the SEC on April 28, 2016; our subsequent Quarterly Report on Form 10-Q for the quarter ended March 31, 2016; and our Current Reports on Form 8-K. All forward-looking statements are qualified in their entirety by this cautionary statement. MaxLinear is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise.

MaxLinear Inc. Press Contact: David Rodewald The David James Agency LLC Tel: [phone] [e-mail]

MaxLinear Inc. Corporate Contact: Will Torgerson Vice President & General Manager Of Broadband Group Tel: [phone] [e-mail]

Global Invacom Media Contact:

Matthew Garner
Chief Financial Officer

Global Invacom Group Limited 8 Temasek Boulevard        #20-03 Suntec Tower Three  Singapore 038988 [phone]

Freeman House John Roberts Business Park Canterbury CT5 3BJ United Kingdom [phone]

On behalf of Global Invacom Group Limited:

finnCap Ltd (Nominated Adviser and Joint Broker)
Christopher Raggett / Simon Hicks (Corporate Finance) 
Rhys Williams (Corporate Broking and Sales)
[phone]

Mirabaud Securities LLP (Joint Broker)
Peter Krens (Equity Capital Markets) 
[phone]

Bell Pottinger LLP (UK Financial PR)
David Rydell / David Bass / Lucy Stewart
[phone]

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Grace Yew, [e-mail]
Ian Lau, [e-mail] 
[phone]

 

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