DiBcom: DiBcom Obtains Funds From Two Major Japanese Investors

Paris, Dec 19, 2007 (M2 PRESSWIRE via COMTEX) -- DSECY | charts | news | PowerRating -- DiBcom,a semiconductor company and undisputed world leader of Mobile TV solutions, is pleased to announce that NIF SMBC Ventures and NTTFinance, two strategic Japanese companies have recently joined DiBcom's select group of investors.

NIF SMBC Ventures, leader of the round, is the largest private equity firm in Japan and a subsidiary of one of the major Japanese securities company and bank: Daiwa Securities Group, Inc. and Sumitomo Mitsui Financial Group, Inc. NTT FinanceCorp.,the investment armand a strategic business development partner ofNTT Group Companies, recognised as the number one telecom operator in Japan, has co-invested with NIF SMBC.

This financial commitment attests to the true success of Mobile TV in Japan (installed base of over 20 million units) and the increasing appetite of Japanese investors to provide funding in this field, as Mobile TV is slated to become a major success, in many countries throughout the world.

Through this investment, NTT Finance acknowledges DiBcom's market leading position as a supplier of DVB-H solutions and by the same token the massive adoption of DVB-H by a large number of countries in Europe, South-East Asia, Africa and Latin America.

For DiBcom, being recognised by Japanese investors as the leading provider of Mobile TV solutions comes as a very significant achievement. DiBcom has recently introduced the most integrated and cost-effective solution for Mobile TV reception targeted at Japan's automotive market. Moreover, this solution is compatible with Japan's ISDB-T standard, and offers a high level of performance as it leverages DiBcom's advanced technologies, already very well proven on the European automotive market. The solution has already been selected by major automotive OEM equipment manufacturers for cars exported to Japan.

Yannick Levy, DiBcom's CEO, said, "DiBcom and its current investors are very happy to welcome the contribution of two of Japan's leading venture capital firms. We are determined to fully assume our reputation as the market leader by deploying our proven technology on the largest Mobile TV market on the planet today - Japan".

The complete transaction was managed by Clipperton Finance, a European Corporate Finance boutique dedicated to the High tech & Media sectors. For its third operation managed for DiBcom, Clipperton Finance focused specifically on identifying and syndicating two tier-one Japanese investors, which would provide DiBcom with both financial and industrial value added on the Japanese market. "I am glad Clipperton's team was able to help DiBcom attract NIF SMBC and NTT Finance as new shareholders, as these two investors could be instrumental in the company's international development and specifically for the Japanese market", said Nicolas von Bulow, Partner at Clipperton Finance.

About DiBcom

DiBcom is at the heart of mobile TV. As a fabless semiconductor company that designs high-performance chipsets, DiBcom enables low-power mobile and portable TV reception everywhere and at speeds exceeding 200 km/h. The company's solutions are used in automotive, PC/peripheral, mobile phones and other handheld devices. DiBcom has extensive experience solving real-world mobile digital terrestrial television (DTT) reception problems and has overcome the main technological barriers to high-quality service. The company has developed a number of patented algorithms and architectures for fast and accurate channel estimation and high Doppler compensation. Its chipsets are compliant with the current worldwide Digital Video Broadcast standards DVB-T, DVB-H, DVB-SH, T-DMB and ISDB-T.

For more information, please visit www.dibcom.com

About NIF SMBC Ventures Co., Ltd.

NIF Ventures (a member of Daiwa Securities Group) and SMBC Capital (a member of Sumitomo Mitsui Financial Group) merged on October 1, 2005 to form the Company, NIF SMBC Ventures. Both were well-established brands within the venture capital industry, being involved in listing various companies.

After the merger, having grown out of a securities firm and a bank, NIF SMBC Ventures is a venture capital firm that maximizes use of its broad business network, longstanding experience and know-how while implementing investment operations.

http://www.nifsmbc.co.jp/english/profile/index.html

About NTT FinanceCorp.

NTT Finance Corp.was established in 1985 as the first affiliate of NTT, which provides long distance and international telecommunications spanning over 200 countries worldwide. NTT Finance offers various business services; leasing and installment, credit card and finance. In addition, their Strategic Technology Investment Department seeks out venture companies domestically and internationally with excellent technologies and provides them with financial and business development support.

http://www.ntt-finance.co.jp/eng/

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