Sigma Designs to release the source code of their

Aug. 22, 2002--Sigma Designs, Inc. (Nasdaq:SIGM - News), a leader in IP video streaming solutions, today announced the release of the source code behind its free MPEG-4 video CODEC that works as a plug-in under Windows® and encodes digitized video content into fully compatible ISO MPEG-4 video files. The complete source code will be available for download starting August 23, free of charge, through Sigma's website (www.sigmadesigns.com), to support developers wishing to enhance the MPEG-4 encoding.

"We are pleased to provide the development community with an open source MPEG-4 CODEC, and anticipate that this will accelerate technical improvements and enhance the proliferation of MPEG-4 content," stated Ken Lowe, Sigma Designs' vice president of business development.