Funai Electric Exhibits Tru2way(TM) Set Top Box at The Cable Show '08 in New Orleans

Tue May 13, 2008 8:01am EDT

* Reuters is not responsible for the content in this press release.

  OSAKA, JAPAN, May 13 (MARKET WIRE) -- 
 Funai Electric Co., Ltd. (TSE/OSE 6839) today announced to exhibit Funai
tru2way(TM) set top box at The Cable Show '08, May 18-20 in New Orleans, LA.
(Funai Booth#: 3705) This will be the first time for Funai to exhibit its
product at The Cable Show.

    Funai has been developing tru2way(TM) STB platform for the past two years
with
its middleware partner, VividLogic Inc. Funai and VividLogic Inc. has been
collaborating on development of a tru2way(TM) STB, in order to enter into the
cable market in the U.S.

    "VividLogic is delighted to work with Funai Electric. The next generation of
VividLogic's tru2way(TM) software products and services will deliver compelling
features, performance and reliability to Funai's tru2way(TM) Set Top Box,"
said Shiva Patibanda, CEO of VividLogic Inc.

    In the past, Funai has exhibited the Phase 1 working sample at the CES
'07,and the Phase 2 working sample at this years CES '08 in Las Vegas. Now,
Funai
will exhibit the Phase 2.5 working sample at The Cable Show '08.

    Funai tru2way(TM) STB platform will feature DVR, Dual Decode, NTSC, ATSC and
various network capabilities. Funai is targeting to deploy this tru2way(TM)
STB in two ways by the middle of 2009. The first market is retail; the
second is through the MSO.

    Funai is a signatory company of CableCARD Host Interface Licensing Agreement
(CHILA). Funai plans to exhibit two different types of platform at The Cable
Show.

    Funai has a history of over 20 years for leading and delivering cost
effective
solutions in STB related business, such as DVD players/recorders, and other
audio video
related products in the U.S. market. Funai's products have been sold as
store-brand items at major nationwide chain retail stores and ODM products of
which result made us in the top 3 position in this market share. "We believe
that both our engineering expertise and our high volume production capability
will provide synergies to help us breaking into the new CATV market," said Hideo
Nakai, senior executive officer of Funai Electric.

    About Funai

    Funai Electric Co., Ltd. was founded in 1961 in Osaka, Japan. Funai today is
engaged in the development, manufacturing, marketing and sales of
information and communications products such as Printers, Digital Still Camera,
and audio-visual products, such as LCD TVs, PDP TVs, VCRs, DVD Players, DVD
Recorders and Projectors. Funai has established a significant presence as a
leading
supplier in the North America DVD market. For more information on the Funai
group, please visit www.funaiworld.com.

    About VividLogic Inc.

    VividLogic Inc. is based in Fremont, California with an off shore
development
office in Bangalore, India and sales distributors in Taiwan, Korea and Japan.
VividLogic Inc. is the world's leading provider of Home Entertainment
infrastructure and applications for consumer electronics devices (HDTV, DVD,
DVR,
etc), PCs and Set Top Boxes. For more information about VividLogic Inc., please
visit
www.vividlogic.com.

    Tru2way(TM) is a trademark of Cable Television Laboratories, Inc.

    

Contact information:
Keisuke "Keith" Aikawa
Funai Electric CO.,LTD.
408-330-6000, ex.11
aikawa@funaiusa.com

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