ALVISO, Calif., Jan. 31 /PRNewswire-FirstCall/ -- TiVo Inc. (NASDAQ:TIVO), the creator of and leader in television products and services for digital video recorders (DVR), offered the following statement today on the ruling by the U.S. Court of Appeals for the Federal Circuit in Washington, DC in its lawsuit against EchoStar Communications Corporation:
"We are extremely pleased that the United States Court of Appeals for the
Federal Circuit unanimously ruled in our favor in EchoStar's appeal of the
district court judgment of patent infringement, full award of damages and
that the injunction, which was stayed pending appeal, was ordered to be
reinstated. Today's ruling is confirmation of the value of TiVo's IP
portfolio, which is in addition to the other benefits TiVo has to offer.
TiVo can now continue to focus on its goal to drive greater distribution
in both its stand alone and mass distribution efforts."
About TiVo Inc.
Founded in 1997, TiVo (NASDAQ: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 and our website, 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 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 and TiVo KidZone, have elevated its popularity among consumers and have 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) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way.(R)" 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 research measurement.
TiVo, 'TiVo, TV your way.' Season Pass, WishList, TiVoToGo, Stop||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2007 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
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, possible outcomes of litigation and future licensing opportunities. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "confident," "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 judicial decisionmaking and adverse rulings, as well as the other potential factors described under "Risk Factors" in the Company's public reports, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2007 and subsequent current and quarterly reports filed with the Securities and Exchange Commission. The Company cautions 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
Source: TiVo Inc.