TiVo Statement on Jury Decision in Lawsuit Victory Against EchoStar
TiVo Statement on Jury Decision in Lawsuit Victory Against EchoStar
ALVISO, Calif., April 13 /PRNewswire-FirstCall/ -- TiVo Inc. (NASDAQ:TIVO), the creator of and a leader in television services for digital video recorders (DVR), today offered the following comment on the jury's decision in its favor in its lawsuit against EchoStar Communications Corporation in the United States District Court, Eastern District of Texas:
"TiVo is pleased that the jury found that TiVo's pioneering time
warping patent is valid and that EchoStar has been infringing on our
intellectual property. TiVo is particularly gratified that the jury found
that EchoStar willfully infringed on our patent and the consequences their
actions had on our overall business. This decision recognizes that our
intellectual property is valuable and will ensure that moving forward
EchoStar and any others that want to use our patented technology will be
required to provide us with compensation.
TiVo intends to seek a permanent injunction against EchoStar's DVR
products.
TiVo is built on a strong foundation of innovative technology and
intellectual property. We now hold more than 87 patents in our worldwide
patent portfolio and have more than 138 patent applications pending. TiVo
has a long list of licensees in the consumer electronics, cable and
satellite markets, and we will continue to license our technology under
appropriate circumstances and arrangements. We will also continue to
vigorously defend our intellectual property for the benefit of our
licensees and shareholders."
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.
Source: TiVo Inc.
CONTACT: Whit Clay of Sloane & Company, +1-212-446-1864, for TiVo Inc.
Web site: http://www.tivo.com/
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