SMSC Introduces KleerNet™ Technology to Expand Wireless Audio Connectivity and Interoperability in PC, Tablet, Home Theater, and Gaming Applications

COMPUTEX TAIPEI 2011

TAIPEI, Taiwan--()--SMSC (NASDAQ: SMSC), a leading semiconductor company enabling content rich connectivity systems, is showcasing its Kleer® uncompressed digital wireless audio technology at the Computex event taking place from May 31 to June 4 in Taipei, Taiwan. Kleer technology is recognized in the wireless audio industry for its high quality media transmission, low power consumption, strong interference robustness and Wi-Fi® coexistence. SMSC’s Kleer product portfolio offers best-in-class solutions that deliver high quality wireless audio connectivity at home, in the office, or on-the-go.

Today, SMSC is also announcing the introduction of its KleerNet technology, which expands SMSC’s digital wireless audio connectivity and interoperability capabilities for PC, tablet, home theater and gaming applications. KleerNet delivers interoperability between audio products from various brands to allow consumers to instantly connect their KleerNet enabled devices without the need for special hardware or software drivers. As a result, consumers will now be able to enjoy low power, high quality HD wireless audio technology that is simple and easy to use over a host of home or portable entertainment systems.

The recently-launched DARR83 with the latest KleerNet firmware release is the first product in the KleerNet family of low latency and low power wireless audio solutions targeting home, office and portable applications. The DARR83 is the industry’s most complete digital wireless audio processor with tri-band frequency support and an embedded multi-channel audio controller with USB 2.0 connectivity for a wide variety of digital wireless audio applications.

“Consumers are looking to access their digital content from any device, anywhere and at any time,” said Gene Sheridan, Senior Vice President and General Manager of SMSC’s Wireless Products Group. “We are meeting this challenge with our new KleerNet technology which enables seamless interoperability across all KleerNet-enabled devices - from PCs and tablets to home theater & gaming systems - and across all brands that utilize KleerNet technology. Consumers get the access to their content they are demanding and we deliver it with the HD audio quality and ease of use our customers expect from Kleer wireless audio products.”

“Astro selected SMSC’s Kleer technology for its wireless gaming platform due to its unparalleled high quality sound with extreme low latency, absolute requirements for avid gamers,” said Robert Jetter, Vice President of Engineering at Astro Gaming.

Tony Di Chiro, Director of New Technology at Monster Cable said, “When choosing a wireless audio technology that lives up to the high standards of our Monster audio products, we needed a solution that provides easy connectivity and best-in-class audio quality with the capability of streaming audio to multiple zones in the home, which made Kleer the wireless audio technology for Monster to use in our StreamCast wireless audio ECO system.”

More on KleerNet

SMSC’s focus on wireless audio solutions, which includes the recent acquisition of BridgeCo with its JukeBlox Wi-Fi connected audio platform, propels the company to an unequaled position in the wireless audio market. The BridgeCo JukeBlox platform offers popular music applications along with the industry standard Ethernet and Wi-Fi interfaces to give customers access to music content from all over the world via their home networks or the Internet. Kleer technology enables high quality, low latency wireless distribution of digital content to headphones, speakers and other audio devices to enhance the consumer’s listening experience. SMSC’s KleerNet technology gives consumers the option of choosing among KleerNet-enabled audio products from various consumer brands for use in their home, office, or portable applications. Examples of wireless audio products that incorporate KleerNet technology are 5.1/7.1 surround sound home theater systems, sound bars, sub-woofers, headphones, and gaming and VOIP headsets. KleerNet wireless audio products are designed to co-exist with Wi-Fi and Bluetooth® traffic and support multi-band RF (2.4GHz, 5.2GHz and 5.8GHz), low latency, low power and high bit and sampling rates.

For more information on Kleer, KleerNet or JukeBlox products, visit www.smsc.com.

About SMSC

SMSC is a leading developer of Smart Mixed-Signal Connectivity solutions. SMSC employs a unique systems level approach that incorporates a broad set of technologies and intellectual property to deliver differentiating products to its customers. The company is focused on delivering connectivity solutions that enable the proliferation of data in personal computers, automobiles, portable consumer devices and other applications. SMSC’s feature-rich products drive a number of industry standards and include USB, MOST® automotive networking, Kleer® wireless audio, embedded system control and analog solutions, including thermal management and RightTouch® capacitive sensing. SMSC is headquartered in New York and has offices and research facilities in North America, Asia, Europe and India. Additional information is available at www.smsc.com.

Forward Looking Statements

Except for historical information contained herein, the matters discussed in this announcement are forward-looking statements about expected future events and financial and operating results that involve risks and uncertainties. These uncertainties may cause our actual future results to be materially different from those discussed in forward-looking statements. Our risks and uncertainties include the timely development and market acceptance of new products; the impact of competitive products and pricing; our ability to procure capacity from our suppliers and the timely performance of their obligations, commodity prices, interest rates and foreign exchange, potential investment losses as a result of liquidity conditions, the effects of changing economic and political conditions in the market domestically and internationally and on our customers; our ability to realize the expected benefits of acquisitions; our relationships with and dependence on customers and growth rates in the personal computer, consumer electronics and embedded and automotive markets and within our sales channel; changes in customer order patterns, including order cancellations or reduced bookings; the effects of tariff, import and currency regulation; potential or actual litigation; and excess or obsolete inventory and variations in inventory valuation, among others. In addition, SMSC competes in the semiconductor industry, which has historically been characterized by intense competition, rapid technological change, cyclical market patterns, price erosion and periods of mismatched supply and demand.

Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures. All forward-looking statements speak only as of the date hereof and are based upon the information available to SMSC at this time. Such statements are subject to change, and the Company does not undertake to update such statements, except to the extent required under applicable law and regulation. These and other risks and uncertainties, including potential liability resulting from pending or future litigation, are detailed from time to time in the Company's reports filed with the SEC. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled “Other Factors That May Affect Future Operating Results” or “Risk Factors” for a more complete discussion of these and other risks and uncertainties.

SMSC, MOST and Kleer are registered trademarks and Smart Mixed-Signal Connectivity, TrueAuto and RightTouch are trademarks of Standard Microsystems Corporation.

Contacts

Corporate Communications:
SMSC
Carolynne Borders, 631-435-6626
Director of Corporate Communications
carolynne.borders@smsc.com
or
Media:
McClenahan Bruer Communications
Tarah Hartzler, 503-546-1014
Public Relations
tarah@mcbru.com

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Contacts

Corporate Communications:
SMSC
Carolynne Borders, 631-435-6626
Director of Corporate Communications
carolynne.borders@smsc.com
or
Media:
McClenahan Bruer Communications
Tarah Hartzler, 503-546-1014
Public Relations
tarah@mcbru.com