Actions Semiconductor Introduces New G1000 Product Family

ZHUHAI, China, Jan. 20, 2011 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today announced  the introduction of its new Series G1000 product family. Following an effective sampling program and positive customer response, the new Series G1000 product family successfully launched in the China market in late 2010 and is ramping up volume production with selective customers in early 2011.

Actions' Series G1000 product family provides the best value and most user friendly platform for the Gaming Portable Media Player (PMP) market. G1000 is equipped with a 32-bit central processing unit (CPU) at a speed of 500 MHz per second. Together with an embedded pseudo-3D graphic processing unit (GPU), it delivers an excellent gaming effect. In addition to providing a powerful hardware capability, Actions' G1000 also supports a time-to-market software development environment. With Actions' user friendly Software Development Kit (SDK), the Gaming PMP system manufacturers can bundle their self-developed or licensed games efficiently. To differentiate from other Gaming PMP controller ICs, G1000 offers a customized content protection tool inside the SDK to enable system makers to protect their integrated games.

To meet the demand for high quality video of Gaming PMP applications, G1000's powerful hardware video engine can facilitate video recording and the full spec of 720P (1280*720 pixel) decoding functions. To provide the best value, G1000 integrates a power management unit (PMU) and supports DDR2 memory as well as the latest NAND Flash under 40-bit ECC architecture. With an HDMI Transmitter (HDMI Tx) embedded, G1000 is also a perfect solution for TV Gaming and HD Video output in the living room.

"Our goal is to create a solid foundation and a healthy ecosystem for the Gaming PMP market built on diversified user feedback. With the strong hardware capability and friendly software development environment of the G1000, we believe more talented developers will contribute their innovative ideas on this platform and create exponentially more games for our G1000 users," stated Mr. Niccolo Chen, CEO of Actions Semiconductor.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements concerning signs of positive indicators in the industry for next year, growth in the market driven by continued proliferation of applications within the PMP market and incremental rebound of overall demand for these products, Actions Semiconductor's belief that it is positioned to capture some upside from these trends, and Actions Semiconductor's future expectations with respect to revenue, gross margin, operating expenses and share-based compensation expense.  Actions Semiconductor uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are estimates reflecting current assumptions, expectations and projections about future events and involve significant risks, both known and unknown, uncertainties and other factors that may cause Actions Semiconductor's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F-1, 20-F and 6-Ks. Other unknown or unpredictable factors also could have material adverse effects on Actions Semiconductor's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, Actions Semiconductor undertakes no obligation and does not intend to update or revise any forward-looking statement to reflect subsequent events or changed assumptions or circumstances.

SOURCE Actions Semiconductor Co., Ltd.