Media Relations, HDMI Licensing, LLC
The Hoffman Agency
HDMI LICENSING APPOINTS STEVE VENUTI AS NEW LLC PRESIDENT;
HDMI ADOPTION CONTINUES TO GROW
HDMI grows its adopter base to more than 800
as digital connectivity expands into new product categories
SUNNYVALE, Calif. – April 8, 2008 – HDMI Licensing, LLC, the agent responsible for licensing the High-Definition Multimedia Interface™ (HDMI™) specification, today announced that Steve Venuti, 53, has been appointed president of the standards body, effective April 3, 2008. Venuti will continue to propel the HDMI specification forward as the worldwide standard for high-definition digital connectivity through industry education and key marketing initiatives, building on the momentum established by past president Leslie Chard.
As one of the initial employees of HDMI Licensing, LLC, Venuti was instrumental in the public launch of the HDMI standard in 2003. Over the past five years, he has held several senior-level positions, most recently serving as the HDMI Licensing, LLC’s vice president of marketing. Venuti was a driving force behind the early adoption of the HDMI standard into the connected home by listening to and addressing the concerns of CE and PC retailers.
“More companies are featuring HDMI technology in their product lineups; it’s the high-definition connection that the whole world is embracing,” said Venuti. “Les Chard provided vital leadership in building the standard and growing it to the success it has achieved today.”
To date, more than 800 consumer electronics (CE) and personal computer (PC) manufacturers globally have adopted the HDMI specification. This is up from the 750 adopters previously announced at CES in January 2008.
The HDMI specification is at the forefront of digital connectivity for high-definition consumer electronics. Manufacturers are continuing to roll out products with the most advanced HDMI 1.3 features currently on the market, including x.v.Color, Deep Color and the newest lossless HD audio formats from Dolby and DTS. The HDMI specification is found in more devices, such as gaming consoles, digital still cameras, camcorders and portable media players, as manufacturers meet consumer demand for multimedia convergence. Sony recently announced its S-Frame brand of digital photo frames, including the DPF-V900, DPF-V700 and DPF-D70, all of which have HDMI outputs for connection to an HDTV. HDMI Licensing, LLC is focused on bridging the gap between technology and the consumer.
Increased adoption of the HDMI specification has generated the need for marketing to not only CE and PC manufacturers, but also to retailers, installers and consumers – segments where Venuti has already built strong relationships.
About HDMI Licensing, LLC
HDMI Licensing, LLC, a wholly owned subsidiary of Silicon Image, Inc., is the agent responsible for licensing the HDMI specification, promoting the HDMI standard and providing education on the benefits of HDMI to retailers and consumers. The HDMI specification was developed by Hitachi, Matsushita (Panasonic), Philips, Silicon Image, Sony, Thomson and Toshiba as the digital interface standard for the consumer electronics market. The HDMI specification combines uncompressed high-definition video and multi-channel audio in a single digital interface to provide crystal-clear digital quality over a single cable. For more information about HDMI, please visit www.hdmi.org.
This news release contains forward-looking information within the meaning of federal securities regulations. These forward-looking statements include, but are not limited to, statements related to the market for HDMI-enabled solutions, the adoption of the HDMI specification in the consumer electronics market, incorporation of HDMI connectivity into various standards and the evolution, design and implementation of the HDMI specification and such standards. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. There are important factors that could cause our actual results to differ materially from those in the forward looking statements. These factors include, without limitation, that widespread adoption of the HDMI specification may not continue or may decrease, that competitive technologies and standards may gain greater acceptance, that estimates of future shipments of HDMI-enabled devices may be inaccurate, that adopters may not perceive the anticipated benefits of the HDMI specification, that other interfaces may overtake HDMI’s market position, and that the evolution, design and implementation of these standards, including the HDMI specification, may differ materially from what is currently anticipated. The forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to publicly update any forward-looking statement. Investors are cautioned not to place undue reliance on forward-looking statements. Additional information concerning factors that could cause results to differ can be found in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Reports on Form 10-K and Form 10-Q made with the Securities and Exchange Commission.
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High-Definition Multimedia Interface and HDMI are registered trademarks or trademarks of HDMI Licensing, LLC in the United States and/or other countries. All other trademarks and registered trademarks are the property of their respective owners.