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(NASDAQ:TIVO) TiVo Inc.
TiVo and Intel Working Together on Digital Home Initiatives
- Nov 30, 2005 11:30 AM (PR Newswire)
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New Application Will Give Television Viewers More Control and Choice When It
Comes
to Their Favorite Entertainment
ALVISO, Calif., Nov. 30 /PRNewswire-FirstCall/ -- TiVo Inc.
(Nasdaq: TIVO), creator of and a leader in television services for digital
video recorders, announced today that it is working with Intel to develop
functionality in a TiVo application that will enable it to work with Intel
Viiv technology to pave the way for a dramatic change in the way entertainment
is consumed at home or on the go.
This new application will further extend TiVo's groundbreaking
TiVoToGo(TM) features. It will allow existing TiVo subscribers to securely
transfer their favorite television programs from their TiVo(R) Series2(TM) DVR
to an Intel Viiv technology based PC using only the remote control. The
application will also allow any content downloaded from a TiVo DVR to an Intel
Viiv technology enabled device to be securely played back on certain compliant
media adapters, which will be supported in a future planned release of the
application. This application will be available in the first half of next
year.
"Combining Intel's breakthrough technology with TiVo's award-winning user
experience will give consumers more of the control they are looking for," said
Tom Rogers, CEO, TiVo Inc. "When it comes to digital entertainment in the
living room and beyond, consumers deserve the ease of use they've come to
expect from TiVo. We're thrilled to be working on this important initiative
with Intel."
"We are excited to be working with TiVo on the application for the Intel
Viiv technology platform," said Kevin Corbett, vice president and general
manager, Content Services Group, Intel Digital Home Group. "Together with
companies like TiVo, Intel is working to bring powerful new connected
entertainment experiences to the home where consumers can more easily
personalize, manage and enjoy their entertainment experience with Intel Viiv
technology."
"Today's announcement with Intel is another example of our commitment to
continually enhance and update our service and extend the TiVo experience
throughout the home," said Jim Denney, Vice President of Product Marketing at
TiVo. "This new application will allow our users to control their favorite
TiVo recordings even more easily so they can watch what they want, where they
want."
About TiVo Inc.
Founded in 1997, TiVo pioneered a brand new category of products with the
development of the first commercially available digital video recorder (DVR).
Sold through leading consumer electronic retailers, TiVo has developed a brand
which resonates boldly with consumers as providing a superior television
experience. Through agreements with leading satellite and cable providers,
TiVo also integrates its full set of DVR service features into the set-top
boxes of mass distributors. TiVo's DVR functionality and ease of use, with
such features as Season Pass(TM) recordings and WishList(R) searches, has
elevated its popularity among consumers and has created a whole new way for
viewers to watch television. With a continued investment in its patented
technologies, TiVo is revolutionizing the way consumers watch and access home
entertainment. Rapidly becoming the focal point of the digital living room,
TiVo's DVR is at the center of experiencing new forms of content on the TV,
such as broadband delivered video, music and photos. With innovative features
such as, TiVoToGo(TM) and online scheduling, TiVo is expanding the notion of
consumers experiencing "TiVo, TV your way." The TiVo(R) service is also at the
forefront of providing innovative marketing solutions for the television
industry, including a unique platform for advertisers and audience measurement
research. The company is based in Alviso, Calif.
This release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements relate to, among other things, TiVo's business, services, product
development, technology initiatives or other factors that may affect future
earnings or financial results. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as, "believe,"
"expect," "may," "will," "intend," "estimate," "continue," or similar
expressions or the negative of those terms or expressions. Such statements
involve risks and uncertainties, which could cause actual results to vary
materially from those expressed in or indicated by the forward-looking
statements. Factors that may cause actual results to differ materially include
delays in development, competitive service offerings and lack of market
acceptance, as well as those factors described under "Factors That May Affect
Future Operating Results" included from time to time in the Company's public
reports filed with the Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the fiscal year ended
January 31, 2005 and the Company's Quarterly Report on Form 10-Q for the
quarters ended April 30, 2005 and July 31, 2005. We caution you not to place
undue reliance on forward-looking statements, which reflect an analysis only
and speak only as of the date hereof. TiVo disclaims any obligation to update
these forward-looking statements.
NOTE: TiVo, TiVoToGo, Series2, Season Pass, WishList, and the TiVo Logo
are trademarks or registered trademarks of TiVo Inc.'s subsidiaries worldwide.
All rights reserved. All other company or product names mentioned may be
trademarks or registered trademarks of the respective companies with which
they are associated.
SOURCE TiVo Inc.
-0-
11/30/2005
CONTACT: Krista Wierzbicki of TiVo Inc., +1-408-519-9438, or kwierzbicki@tivo.com
