Streaming Networks and NXP Provide Easy Access to Video On-the-Go With iRecord Pro

LAS VEGAS & EINDHOVEN, Netherlands--(BUSINESS WIRE)--Streaming Networks and NXP Semiconductors, the independent semiconductor company founded by Philips, today announced at the National Association of Broadcasters Show (NAB 2008), the availability of Streaming Networks iRecord® Pro, an innovative personal media recorder that records video and music content onto portable media players (PMP) such as the Apple iPod®, Sony PSP®, Sony video walkman® and iPhone®. The iRecord Pro builds on the functionality of the first-generation iRecord by adding full D1 video resolution, direct recording to computer hard disk, and the ability to convert existing content to PMP format without a computer.

“Consumers are demanding an easy way to get video out of their living room or computers and onto their portable devices to watch on-the-go”

Powered by NXP’s Nexperia media processing technology, the iRecord hooks up via standard audio/video (AV) connections to any TV, set-top-box (STB), digital video recorder (DVR), camcorder, VCR, DVD player, cassette and LP players or almost any similar audio and video source. With the press of a button, iRecord Pro records AV content directly onto your PMP, USB flash drive, Windows® PC or Macintosh® through a high speed USB connection.

“By leveraging the power of NXP media hardware and Streaming Networks patented software technology, we are able to bring cutting edge professional quality video and audio encoding to mainstream consumers in a small, low cost device,” said Dr. Ayub Khan, CEO and President of Streaming Networks. “Great for technophiles and luddites alike, iRecord Pro is consumer friendliness at its best, offering a choice at how they view their media and delivering the promise of next generation consumer devices and media convergence today.”

While keeping the simplicity of iRecord intact, iRecord Pro now provides encoding of up to full D1 video resolution (720x480) in addition to supporting native resolutions of PMPs which are increasingly going beyond QVGA(320x240). Apple’s iPod classic can play up to VGA (640x480) resolution video. iRecord Pro has an added feature of recording directly to PC, Mac® and laptop hard disks at user selectable resolutions through a USB connection. Furthermore, iRecord Pro users can convert existing content in MPEG-2 video format on their computer to H.264/AVC format for the PMPs without using a PC or Mac.

“Consumers are demanding an easy way to get video out of their living room or computers and onto their portable devices to watch on-the-go,” said Christine Swanson, Regional Business Development, Home Business Unit, NXP Semiconductors. “Streaming Networks partnered with NXP to deliver a flexible solution to consumers to quickly and easily encode and record their video content to their portable devices. Consumers can now load content onto their PMPs and laptops without the high cost of purchasing individual AV contents from online media sites or spending hours converting to PMP compatible formats.”

The patented technology, used in iRecord Pro, combines stunning picture quality and small file sizes in a simple-to-use device unmatched by competitors. Consumers can view their favorite AV contents on their PMPs or laptop, enhancing the usability of these devices while simplifying the experience. In addition to video, the iRecord Pro has the ability to record music and audio allowing consumers to digitize old records and capture streaming music without using a computer.

Availability / Demo

iRecord Pro is priced at $259.95 and will become available in Q2 2008 at www.irecord.com and from leading retailers and catalog merchants. iRecord Pro will be on demonstration at Room #213 on the second floor of the Las Vegas Convention Center.

About Streaming Networks

Established in 2000, Streaming Networks designs, develops and manufactures innovative audio and video solutions as an original equipment manufacturer, an original device manufacturer, and for its own products like the iRecord platform. Streaming Networks has expertise and numerous patents in video and audio compression/decompression, communications software, real-time programming, embedded hardware and system integration. For more information, visit: www.streaming-networks.com.

About NXP Semiconductors

NXP is a top 10 semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 37,000 employees working in more than 20 countries and posted sales of USD6.3 billion in 2007. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in mobile phones, personal media players, TVs, set-top boxes, identification applications, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com.

NOTES TO EDITORS

Streaming Networks, the Streaming Networks logo, iRecord, and the iRecord logo are trademarks or registered trademarks of Streaming Networks Corporation or its affiliates in the United States and certain other countries. Any other company and product names quoted and/or referenced here are trademarks of their respective companies and are respectfully acknowledged.

Forward-looking Statements

This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of NXP and certain plans and objectives of NXP with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.