TiVo To Bring TV Programming To Apple Video iPodTM and PSPTM (Playstation® Portable)
TiVo to Provide New Capability for Quick and Easy Transfer of Viewer’s Favorite TV Shows to iPod or PSP
ALVISO, CA — NOV 21, 2005 — TiVo Inc. (NASDAQ: TIVO ), creator of and a leader in television services for digital video recorders, today announced an enhancement to its current TiVoToGo feature that will allow TiVo subscribers to easily transfer recorded television programming to their Apple iPod or PSP devices.
The enhancement will include exclusive capabilities such as TiVo auto-sync that will allow subscribers to choose if they want new recordings of their favorite programs easily transferred to their portable devices via their PC. Every morning the devices can be loaded with new programs recorded the night before.
“The increasing popularity of mobile devices for viewing video such as Apple’s iPod and the PSP device demonstrate the enormous consumer demand for entertainment on the go,” said Tom Rogers , CEO of TiVo . “By enhancing our TiVo ToGo™ feature, we’re making it easy for consumers to enjoy the TV shows they want to watch right from their iPod or PSP —whenever and wherever they want.”
TiVo said it will begin testing the feature in the coming weeks with a select group of TiVo Series2™ subscribers who own the Apple Video iPod or PSP devices. TiVo said it plans to make the feature available to its entire standalone TiVo Series2 subscriber base as early as the first quarter of next year.
Last year, TiVo made available to all its Series2 subscribers the TiVoToGo feature. The TiVoToGo feature allows subscribers to transfer TV shows from their DVR to a laptop or PC over their home network. From the PC, subscribers can watch the shows, or transfer them to devices compatible with Microsoft Portable Media Center format. Today’s announcement adds support for the Apple iPod and Sony PSP, as well as the ability to specify Season Pass™ recordings to conveniently transfer to the portable device via the PC overnight.
Subscribers will need to purchase certain low-cost software to facilitate the transfer of content from the PC to these portable devices. To discourage abuse or unlawful use of this feature, TiVo intends to employ “watermark” technologies on programs transferred to a portable device using the TiVo ToGo feature that would enable tracking of the account from which a transferred program originated.
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, 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™ recordings and WishList® 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™ and online scheduling, TiVo is expanding the notion of consumers experiencing “TiVo, TV your way.” The TiVo® 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, business development, strategy, customers 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 the “Factors That May Affect Future Operating Results.” More information on potential factors that could affect the Company’s financial results is 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, 2004, and the Quarterly Reports on Form 10Q for the period(s) ended April 30, 2004, July 31, 2004, October 31, 2004, filed with the Securities and Exchange Commission. 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.
TiVo, Season Pass, WishList, TiVo Basic are registered trademarks of TiVo Inc. in the United States and other jurisdictions. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.
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- Sloane & Company for TiVo Inc.
- TiVo Inc.
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