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=20

Funai Electric and Valens Semiconductor to Demonstrate HDBaseT(TM)=20 Technology at IFA Conference in Berlin

Technology Enables the Distribution of Multimedia Content in the = High-Growth=20 HD Home Entertainment Market

Press Release=20
Source: Valens Semiconductor Ltd. and Funai Electric Co., Ltd.=20
On Monday August 24, 2009, 2:52 pm EDT

HOD HASHARON, ISRAEL and BERLIN, GERMANY--(Marketwire - 08/24/09) - = Valens=20 Semiconductor and Funai Electric will jointly demonstrate Valens's = HDBaseT(TM)=20 technology for advanced, high-definition home entertainment consumer = electronics=20 products. Valens's VS100 chip will be activated to connect Funai's DVD = Player=20 and HD television in the booth. The demonstration will take place at = next week's=20 IFA conference in Berlin, Germany.

Valens' HDBaseT is the first technology to enable long-reach wired=20 connectivity of uncompressed HD multimedia content via a single LAN = cable.=20 Enabling 5 Play(TM) convergence, Valens chips transfer uncompressed HD = video,=20 audio, Internet, power and controls via up to 100m/328ft low-cost LAN = cable.=20 This enables both point-to-point connectivity and full multimedia = distribution=20 with higher reliability, longer distance and lower cost cable - = perfectly=20 answering the needs of the end user.

Valens' HDBaseT delivers significant value to the entire home = entertainment=20 ecosystem, from CE/PC equipment manufacturers and audio/video = connectivity=20 product suppliers, through systems integrators and retailers, to = installers and=20 consumers.

Headquartered in Israel, Valens Semiconductor is a fabless = semiconductor=20 company and the pioneer of HDBaseT technology that enables the = distribution of=20 multimedia content in the high-growth HD home entertainment market = through=20 digital connectivity. Valens's products enable simplified long-reach = wired=20 connectivity and simultaneous distribution of uncompressed video, audio, = Internet, power and controls via a single LAN cable.

Funai Electric is recognized across the world as a market leader in = high=20 quality visual entertainment products. Funai is one of the largest = manufacturers=20 of DVD Players, DVD recorders, VCR, and LCD TVs in the world with its = own=20 manufacturing facilities in China, Thailand, Poland and Japan.

Joe Okada , Associate Director of Funai said: "Funai deeply values = HDBaseT=20 technology, and what the innovative technology brings to the consumer=20 electronics industry. Valens's VS100 chip paves the way providers for a = better=20 and more complete entertainment experience for end users by enhancing = the=20 connectivity between HD video, audio, Internet, power over cable and = control=20 signals. We are excited to demonstrate this technology to the public at = the IFA=20 show in Berlin next week."

Commenting for Valens Semiconductor, VP Sales & Marketing Micha = Risling=20 said: "We are thrilled and deeply honored to be working closely with = Funai, and=20 demonstrating our HDBaseT technology at next week's conference. Funai is = a=20 proven and veteran leader in the electronics industry, and I believe = that our=20 joint demonstration will showcase how our technology is unique, = valuable, and=20 maximizing entertainment for the end user."

About Funai Electric Co., Ltd.

Founded by Mr. Tetsuro Funai, Fuani Electric was established in 1961 = in=20 Osaka, Japan. Funai is engaged in development/design, manufacture, = marketing and=20 distribution of audio/visual products such as LCD TVs, DVD Recorders and = Blu-Ray=20 Disc players. Funai now also produces ink-jet/laser printers, digital = still=20 cameras, and IP/Wi-Fi phones. Funai has sites in Japan, Poland, Republic = of=20 China, and Thailand. For more information on Funai Group, please visit: = http://us.lrd.yahoo.com/_ylt=3D= AjTGO_Tn7ypR1up2IDdonHytcq9_;_ylu=3DX3oDMTE2MjhoZ2Q1BHBvcwMxBHNlYwNuZXdzQ= XJ0Qm9keQRzbGsDaHR0cHd3d2Z1bmFp/SIG=3D10vc46hfg/**http%3A//www.funaiworld= .com/.

About Valens Semiconductor

Valens Semiconductor, a fabless semiconductor company, enables the=20 distribution of multimedia content in the high-growth HD home = entertainment=20 market through HDBaseT(TM) technology. Valens' HDBaseT technology is the = new=20 digital connectivity enabling simplified long-reach wired connectivity = and=20 simultaneous distribution of uncompressed video, audio, Internet, power = and=20 controls via a single LAN cable. Valens empowers consumer electronics = (CE)=20 manufacturers to support high-performance HD while reaping the benefits = of=20 easier integration, lower costs and longer reach. Founded in 2006, = Valens is a=20 privately held company with financial backing from leading Israel-based = venture=20 capital firms Genesis Partners and Magma Venture Partners. The company = has=20 offices in Israel and Washington State, USA and representatives in = Japan,=20 Taiwan, China and Korea. For more information, please visit http://us.lrd.yahoo.com/_ylt=3D= AlEjU8xBq3Y_D44gkTX4Ewetcq9_;_ylu=3DX3oDMTE2Mmd0N3NvBHBvcwMyBHNlYwNuZXdzQ= XJ0Qm9keQRzbGsDd3d3dmFsZW5zLXNl/SIG=3D110mn3hr7/**http%3A//www.valens-sem= i.com/.

Contact:


 
Contacts:
Valens Semiconductor Sales and =
Media Contact:
Micha Risling
VP Sales & Marketing
+972 9 =
7626900
mailto:Micha.risling@valens-semi.com;_ylt=3DAgmgqDzOoTJMy=
oJxdFCvbaKtcq9_;_ylu=3DX3oDMTE4dTc0bzNjBHBvcwMxBHNlYwNuZXdzUHJDb250YWN0BH=
NsawNtaWNoYXJpc2xpbmc-
http://us.lrd.yahoo.com/=
_ylt=3DAqwIoOJ5yaKJKTpHxKARF0qtcq9_;_ylu=3DX3oDMTE4OWN1ZTRrBHBvcwMyBHNlYw=
NuZXdzUHJDb250YWN0BHNsawN3d3d2YWxlbnMtc2U-/SIG=3D110mn3hr7/**http%3A//www=
.valens-semi.com/

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Funai Electric and Valens Semiconductor to Demonstrate HDBaseT(TM)=20 Technology at IFA Conference in Berlin

Technology Enables the Distribution of Multimedia Content in the = High-Growth=20 HD Home Entertainment Market

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Funai Electric and Valens Semiconductor to Demonstrate HDBaseT(TM)=20 Technology at IFA Conference in Berlin

Technology Enables the Distribution of Multimedia Content in the = High-Growth=20 HD Home Entertainment Market

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