19.04.2010 13:00:00

Sigma Names Sal Cobar as Vice President of Worldwide Sales and Business Development

Sigma Designs (NASDAQ: SIGM), a leading provider of system-on-chip (SoC) solutions used to deliver entertainment and control throughout the home, today announced the appointment of Sal Cobar as its Vice President of Worldwide Sales and Business Development, who will report directly to Thinh Tran, Sigma’s Chairman and CEO. Mr. Cobar will be responsible for unifying sales for Sigma’s two business units, the Media Processor Business Group and the Home Connectivity Business Group, and will have the mission to take all products to market through direct sales, distribution partners, and business development teams.

"Sal is a great addition to Sigma’s management team,” said Thinh Tran, Chairman and CEO of Sigma Designs. "Sal is a seasoned executive with all the management experience to organize our expanded global sales force, drive our overall demand, and establish executive level relationships at a wide range of key accounts. I am confident that his level of experience, integrity and personal style will be the right fit for our company and will add great value as we move ahead with our corporate growth.”

Mr. Cobar has more than 30 years of professional experience in the high technology industry with a record of excellent results. Most recently, Mr. Cobar served as the Vice President of Worldwide Sales for Silicon Image a leading developer of secure cores for high definition display, most notably founding new HDMI business for the television, set-top box, PC and AVR markets. During his tenure from 2002 to 2010, Mr. Cobar drove successful design wins, penetrated consumer electronic markets and played a fundamental role in driving their growth to over $200M in annualized sales through winning business at leading OEMs in the consumer electronics industry. His responsibilities included directing a global sales force of 65 direct employees and 22 channel partners as well as managing a range of business processes including forecasting and customer support services.

Previously, Mr. Cobar worked for Sun Microsystems as their Director of Strategic Sales and Marketing for Volume Server/Thin Client Products where he grew sales from zero to $72 million in less than two years. Early in his career, Mr. Cobar worked for Xerox Corporation as a Process Manufacturing Engineer. Mr. Cobar holds a Bachelor of Science in Systems Engineering from San Jose State University and a Masters in Business Administration/Marketing from Golden Gate University.

"I am thrilled to join Sigma Designs,” said Sal Cobar. "Sigma has all the ingredients for dramatic growth. It has leadership positions in IPTV, home area networks, DMA chips and home entertainment networks. Plus, Sigma has a seasoned management team in place to drive these diverse technologies and turn them into market-changing solutions in the future.”

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 regarding the future contributions of Sal Cobar to our corporate growth, that Sigma has all the ingredients for dramatic growth and that Sigma has the management team to drive its diverse technologies and turn them into market-changing solutions in the future. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, including continuance of the current economic conditions specific to the semiconductor industry, the rate of growth of the IPTV and other markets in general, the ramp in demand from our set-top box and telecommunication customers, our ability to deploy and achieve market acceptance for Sigma products in these markets, the ability of our SoCs to compete with other technologies or products in these emerging markets as well as other risks that are detailed from time to time in our SEC reports, including our annual report on Form 10-K as filed April 1, 2010. 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 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.

About Sigma Designs, Inc.

Sigma Designs is a leading fabless semiconductor provider of highly integrated system-on-chip (SoC) solutions that are used to deliver entertainment and control throughout the home. SoC solutions include media processing, wired and wireless networking, video image processing, and home control along with system software to form the critical components of consumer electronic products that include Internet protocol TV (IPTV) set-top boxes and gateways, Blu-ray players, high definition televisions (HDTV), and media communication devices. Headquartered in Milpitas, Calif., Sigma Designs has direct sales representatives in the United States, Brazil, China, Europe (Denmark), Israel, Japan, Taiwan and distributors in Singapore, Korea, Russia and India. For more information, please visit Sigma Designs' web site at www.sigmadesigns.com.

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