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Sanyo and Magis to Demonstrate Wireless Television System at CES


SAN DIEGO, Dec 16, 2002 - Sanyo and Magis Networks, Inc. announced today that the companies will be demonstrating a prototype Sanyo wireless television system at the upcoming 2003 International Consumer Electronics Show (CES), January 9-12, 2003 in Las Vegas. Magis develops chipsets that enable wireless communications of high-quality video, audio, and Internet data throughout the home and office under the Air5(TM) brand name.

Sanyo's prototype wireless television system incorporates Magis' Air5 chipset to enable the wireless transmission and reception of real-time video. The Sanyo CES demonstration will feature a Sanyo-designed wireless television access point and remote terminal with Air5 chipsets transmitting and receiving video at up to 30 Mbps. This will be the first demonstration of Sanyo's wireless television system in the United States.

"Magis' Air5 chipsets enable Sanyo to deliver a high-quality wireless television experience to consumers, while also bringing mobility to Sanyo's television systems," said Masamichi Kawakami, Chief Technology Officer, Sanyo Electric Co., Ltd. Semiconductor Company. "This is an enormous benefit to the consumer who will soon be able to watch our Sanyo portable television anywhere in the home without concern for power or cable connections."

"Sanyo's wireless television system is an ideal application for Magis' Air5 wireless networking chipset," said Clarence Bruckner, President and CEO, Magis Networks, Inc. "Magis believes that video and entertainment applications will be a strong driver for the wireless home networking market, and Sanyo is leading the way with its wireless television system."

Sanyo is also an investor in Magis' recently closed, oversubscribed $45 million Series B round. The round included funding from strategic partners AOL Time Warner, Hitachi, Motorola, and Panasonic, as well as venture funds Vulcan Inc., Bay Partners, Crescendo Ventures, WK Technology Fund, China Industrial Development Bank, and Elwin Partners.

About Air5(TM)

Using the 5 GHz band, Magis' Air5 chipsets enable powerful wireless connections between devices throughout the home or office. An Air5-based network supports multiple, simultaneous streams of high-quality video, audio, and TCP/IP data at ranges up to 250 feet, and throughput up to 40 Mbps, while maintaining their original quality and security. Applications for Air5 chipsets include set-tops, gateways, satellite receivers, routers, televisions (HDTV, plasma, and standard), PCs, laptops, cable modems, digital camcorders, and cordless phones.

About Magis Networks, Inc.

Magis Networks, Inc., a leader in wireless broadband semiconductors, develops products that enable wireless communication of video, audio, and TCP/IP data throughout the home and office. Products being developed by Magis support a unified 5 GHz network capable of delivering multiple streams of content simultaneously, including HDTV and Internet data, at connection speeds up to 54 Mbps. The company is funded by AOL Time Warner, Hitachi, Motorola, Panasonic, Sanyo, Vulcan Inc., Bay Partners, Crescendo Ventures, CDIB, WK Technology Fund, and Elwin Capital Partners. For more information about Magis, please visit the company web site at www.magisnetworks.com .

About Sanyo Semiconductor Company

Sanyo Semiconductor Company is one of the five principal companies of Sanyo Electric Co., Ltd. Sanyo provides semiconductor devices, flat panel displays and system solutions for leading applications in the electronics industry such as mobile communication equipment, PC/PC-related products, and analog/digital AV equipment. Sanyo Semiconductor Company has three wafer fabs and five assembly fabs in Japan, with an additional six assembly fabs in the Asia-Pacific region. Sales bases of the company are located in North America, Europe, Asia, and Japan.



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