ALVISO, Calif.,
"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
TiVo, 'TiVo, TV your way.'
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
SOURCE TiVo Inc.