Silicon Image Names Brett Gains Vice President of Strategic Business Development
SUNNYVALE, Calif., Oct. 5, 2006 – Silicon Image, Inc. (Nasdaq: SIMG), a leader in the secure storage, presentation and distribution of high-definition content, today announced it has named Brett Gaines, 43, vice president of strategic business development. In his new role, Gaines is responsible for building and expanding strategic relationships with Hollywood studios and consumer electronics manufacturers, leading industry standards initiatives, and driving business development activities in emerging markets, including China and India.
Since joining Silicon Image seven years ago, Gaines has held a series of crucial business and corporate development roles at the company. Most recently, Gaines was senior director of corporate development for Silicon Image, where he played a key role in reaching an agreement with the China Video Industry Association (CVIA) under which CVIA agreed to promote and support the use of HDMI by the consumer electronics industry in China. Prior to that, he was president of HDMI Licensing, LLC, a Silicon Image subsidiary responsible for licensing the High-Definition Multimedia Interface™ (HDMI™) specification. In that capacity, Gaines was instrumental in the formation of the HDMI working group that led to the creation of the HDMI specification. Previously, he was president of PanelLink Cinema, LLC, a Silicon Image subsidiary, now called Simplay Labs, LLC, the leading provider of testing technologies, programs and interoperability design standards for the high-definition consumer electronics industry.
Prior to joining Silicon Image, Gaines held senior positions in business development at Sun Microsystems, Inc. Gaines received a bachelor’s degree in electrical engineering from Georgia Tech and a master’s degree in business administration from Stanford University.
“In 2007, Silicon Image will continue to expand into emerging markets, introduce new security standards for home networking, and focus on establishing the next generation of HDMI technology as the worldwide standard for delivering the ultimate home theater experience,” said Steve Tirado, president and CEO of Silicon Image. “Brett will play a key role in managing our success in these areas while extending our relationships with key individuals and organizations that can help successfully drive our solutions around the globe.”
About Silicon Image, Inc.
Headquartered in Sunnyvale, Calif., Silicon Image, Inc. is a leader in driving the architecture and semiconductor implementations for the secure storage, distribution and presentation of high-definition content in the consumer electronics and personal computing markets. Silicon Image creates and drives industry standards for digital content delivery such as DVI, HDMI, UDI and SATA, leveraging partnerships with global leaders in the consumer electronics and personal computing markets to meet the growing digital content needs of consumers worldwide. The Simplay HD™ Testing Program provides compatibility testing for high definition consumer electronics devices such as HDTVs, set-top boxes, audio/video receivers and DVD players, helping manufacturers to achieve compatibility and deliver the highest-quality HDTV experience to consumers. Silicon Image is the leading provider of proven semiconductor intellectual property solutions for high-definition multimedia and data storage applications. For more information, please visit www.siliconimage.com.
NOTE: Silicon Image, Simplay, Simplay HD, simplayhd.com and www.siliconimage.com are trademarks, registered trademarks or service marks of Silicon Image, Inc. in the United States and other countries.
This news release contains forward-looking information within the meaning of federal securities regulations. These forward-looking statements include statements related to the anticipated contributions of Mr. Gaines with respect to strategic relationships, industry standards initiatives, and business development activities in emerging markets, and Silicon Image’s anticipated expansion into emerging markets, introduction of new security standards, and establishment of next generation HDMI technology. These forward-looking statements involve risks and uncertainties, including those described from time to time in Silicon Image’s filings with the Securities and Exchange Commission (SEC) that could cause the actual results to differ materially from those anticipated by these forward-looking statements. In particular, the anticipated contributions of Mr. Gaines with respect to strategic relationships, industry standards initiatives, and business development activities in emerging markets, and Silicon Image’s anticipated expansion into emerging markets, introduction of new security standards, and establishment of next generation HDMI technology may differ materially from what is currently anticipated. In addition, see the Risk Factors section of the most recent Form 10-K and Form 10-Q filed by Silicon Image with the SEC. Silicon Image assumes no obligation to update any forward-looking information contained in this press release.
All trademarks and registered trademarks are those of their respective companies.
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