Symmetry Electronics Signs Deal to Distribute Mobilygen’s Full Product Line
Nov 20, 2007
Hawthorne, California, November 20, 2007 - Symmetry Electronics, the growing leader in design-oriented electronic component distribution, announced today that it has signed an agreement to add Mobilygen, a leading developer of low-power H.264 video compression ICs, to its growing list of suppliers. Under the terms of the agreement, Symmetry Electronics is authorized to promote and sell Mobilygen’s complete line of products, throughout North and South America. “The H.264 standard is becoming the global solution for compressing and transmitting high quality video. The Mobilygen CODECs enhance our existing line of video products by allowing us to provide the lowest power, fully integrated H.264 CODEC to key markets such as Security, IP camera, PC video, and DVR applications,” said Priscilla McConnell, VP of Marketing for Symmetry Electronics. Mobilygen offers a range of products to meet H.264 CODEC requirements. The MG1264 coprocessor provides a low power solution for Standard Definition (SD) encoding, decoding or full duplex applications. The new en-ViE family of H.264 CODECs provides High Definition (HD) or Multi-Channel SD encoding or decoding in System on Chip solutions. “We are delighted to be working with Symmetry Electronics as our distributor for North and South America” said Christopher Peters, Vice President of Sales and Business Development of Mobilygen. “The market for H.264 digital video products is growing rapidly, and Symmetry provides our customers with the level high of support and service required to bring their leading edge products to market quickly”. About Mobilygen Mobilygen is a leading developer of low-power H.264 video compression ICs. Based in Santa Clara, Mobilygen is a privately held fabless semiconductor company backed by Kleiner, Perkins, Caufield & Byers, Redpoint Ventures, Lehman Brothers, Integral Capital Partners, and Cardinal Venture Capital. For more information, see www.mobilygen.com. About Symmetry Electronics Founded in 1998, Symmetry Electronics is a design-oriented, franchise-authorized distributor of electronic components specializing in serving the Audio/Video, Wireless and Embedded markets. Symmetry Electronics is ISO 9001:2000 certified and serves a worldwide customer base with particular emphasis on North and South America. Combining the service and support of a traditional distributor with the ease and convenience of 24/7/365 Research and Procurement through our eCommerce site, SemiconductorStore, Symmetry Electronics is developing new ways to service the needs of our customers. For more information on Symmetry Electronics, it’s suppliers or products, please visit www.symmetryelectronics.com or www.semiconductorstore.com for 24/7 research and procurement online.