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International Entertainment News

Monday, March 02, 2009

TiVo and Alticast Announce Agreement

TiVo and Alticast Announce Agreement

- Companies to collaborate on porting of TiVo software to Alticast embedded software -

- Aim to accelerate deployment of next generation TiVo globally -

ALVISO, Calif. and SEOUL, South Korea, March 2 /PRNewswire-FirstCall/ -- TiVo Inc. (NASDAQ:TIVO) , the creator of and a leader in television services for digital video recorders (DVRs), and Alticast, the maker of the most deployed MHP and tru2way(TM) embedded software worldwide, today announced that they have entered into an agreement intended to reduce the time-to-market for pay television operators seeking to harness TiVo's truly differentiated consumer experience in conjunction with the flexibility of Alticast embedded software.

The Alticast core technology, comprised of the Java-based DVB-MHP, OCAP/tru2way technology and Blu-ray Disc Java, provide a common software foundation enabling hardware independent deployment of an application. This makes it easier for consumer electronics companies to create advanced cable set-top-boxes, including combination set-top-boxes and TV sets or Blu-ray Disc players. The collaboration between Alticast and TiVo shows continued commitment to sophisticated cable-ready products for operators looking to shed hardware costs while providing subscribers with compelling interactive services and user experiences.

"Teaming with Alticast allows global video providers to offer the unique combination of TiVo's award winning user interface, advertising solutions, and broadband television functionality on set top boxes running Alticast's industry standard embedded software for ITV applications," said Joshua Danovitz, Vice President and GM of International at TiVo. "We hear from cable, satellite and IPTV operators around the world that they want better middleware solutions capable of quickly bringing TiVo applications to market and Alticast is in the pole position to fulfill this need. We look forward to their cooperation in making the TiVo experience available on a broad range of platforms, both in the United States and around the world, similar to the way that we have developed platforms for Comcast and Cox."

"We are eager to work with TiVo to optimize our respective products for the benefit of pay television providers around the world," said Jeff Bonin, VP and General Manager of Alticast. "For too long, these operators have had to choose between expensive proprietary solutions and generic "me-too" products. Alticast and TiVo will be working toward a solution that enables the best of both worlds. As the gold standard for television interfaces and a leading innovator of services that exploit broadband on the TV, we think the TiVo service is the perfect application to complement our powerful embedded platform."

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, Power||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2009 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.

About Alticast

Alticast (www.alticast.com) firmware powers functionality, speed and performance for more than 10 million devices worldwide ranging from DVB-MHP STBs, to cable set-top boxes (OCAP/tru2way) in Korea and North America, to Blu-ray Disc players worldwide. Java and the GEM open standard are the core foundation of Alticast firmware, driving innovation for new classes of interactive television products.

tru2way, OCAP and CableLabs are trademarks of Cable Television Laboratories, Inc. Java is a trademark of Sun Microsystems, Inc. in the United States and other countries. Other company, product and service names mentioned herein may be trademarks or service marks of their respective owners.

First Call Analyst:
FCMN Contact: MLopes@sloanepr.com

Source: TiVo Inc.

CONTACT: Mike Boccio, +1-212-446-1867, mboccio@sloanepr.com, for TiVo
Inc.; or Seth Geisler, +1-858-610-9860, seth@martinlevypr.com, for Alticast

Web Site: http://www.tivo.com/


Profile: International Entertainment

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