MXL MaxLinear inc

Geniatech and MaxLinear Showcase NetAerial Cord Cutter ATSC TV Distribution System at CES

MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, today announced it would join with Geniatech to showcase NetAerial, the first integrated live TV distribution system for home network.

Based on Geniatech and MaxLinear technology, the NetAerial unit combines a TV antenna, two ATSC TV tuners and a G.hn powerline network adapter. When connected to a Wi-Fi access point, all connected smart devices can become full-fledged TV receivers.

Geniatech developed the NetAerial with a clean, attractive design and white housing that can reside inside or outside of a dwelling where the TV signal reception is strongest.

The NetAerial unit receives and demodulates the TV signal. To transmit the signal into the home, the antenna features a built-in MaxLinear 88LX3142 / 88LX2718 G.hn chipset for powerline communications. At any power socket, a G.hn-compatible converter can connect to a Wi-Fi access point so that the TV signal is either available to all smart devices or transmitted to the home network using a separate router.

The use of the two, single-channel MaxLinear MxL692 ATSC receivers allows two different programs to be watched or recorded at the same time, enabling time-shifting of content.

"There's a resurgence in over-the-air TV reception that is delivering some very innovative products," said Will Torgerson, Vice President & General Manager of the Broadband Group at MaxLinear. "The small size, high performance and low power draw of MaxLinear ATSC and powerline networking technology encourages this innovation and we're glad to be working with Geniatech on this solution."

"The cord cutter market today wants over-the-air TV reception but without the clutter of a cord, which is why the combination of powerline networking and Wi-Fi technology will make the NetAerial a great fit with the market demand," said Mr. Fang, CEO of Geniatech. "MaxLinear was a real partner in the development of this product, delivering best-in-class terrestrial front-end receivers powerline technology to help us get to market quickly with a quality solution."

The NetAerial streams local free-to-air live TV to smart devices including iPhone, iPad, Android smart phones, Apple TV, Roku Streaming TV and Media Player, Amazon Fire TV and Fire Stick, and Google Chromecast.

About Geniatech

Shenzhen Geniatech Inc., Ltd (www.geniatech.com), is a leading ODM / OEM manufacturer for smart TV and video platforms for all areas of daily entertainment. Through consulting, development, design and manufacturing excellence Geniatech supports its customers and partners ecosystems in more than 42 countries. Geniatech supplies platforms, has realized innovative solutions from the industrial design in hardware and software according to international standards certified manufacturing services.

About MaxLinear, Inc.

MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. For more information, please visit www.maxlinear.com.

MxL 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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning NetAerial, the first integrated live TV distribution system for home networks, and statements concerning or implying the performance of MaxLinear’s technologies, their potential use cases, and the potential impact of these technologies on our business and future operating results. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. Forward-looking statements are based on management’s current, preliminary expectations. In particular, our future operating results are substantially dependent on our assumptions about market trends and conditions and our expectations with respect to recently completed acquisitions, including our ability to integrate our recently completed acquisition of Exar Corporation. Additional risks and uncertainties arising from our operations generally and our recently completed acquisitions include intense competition in our industry; our dependence on a limited number of customers for a substantial portion of our revenues; uncertainties concerning how end user markets for our products will develop; potential uncertainties arising from continued consolidation among cable television and satellite operators in our target markets and continued consolidation among competitors within the semiconductor industry generally; our ability to develop and introduce new and enhanced products on a timely basis and achieve market acceptance of those products, particularly as we seek to expand outside of our historic markets; potential decreases in average selling prices for our products; risks relating to intellectual property protection and the prevalence of intellectual property litigation in our industry; indemnification obligations of Exar arising from a recent divestiture; the impact on our financial condition of acquisition indebtedness and cash usage arising from the Exar transaction; our reliance on a limited number of third party manufacturers; and our lack of long-term supply contracts and dependence on limited sources of supply. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in our filings with the Securities and Exchange Commission (SEC), including the information under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2016 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2017. All forward-looking statements are based on the estimates, projections and assumptions of management as of the date of this press release, and MaxLinear is under no obligation (and expressly disclaims any such obligation) to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

EN
08/01/2018

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