TiVo Experience To Be Made Available In Taiwan
TiVo Focused on Extending Brand Internationally
ALVISO, CA — November 29, 2005 — TiVo Inc. (NASDAQ: TIVO ), the creator of and a leader in television services for digital video recorders (DVR), and TGC , Inc., the exclusive TiVo partner in the China, Hong Kong, Taiwan, Singapore, and Macao TV entertainment markets, today announced the expected upcoming availability of the first DVR with TiVo technology in Taiwan for retail purchase, where overall cable penetration is over 80 percent.
Through TiVo’s relationship with TGC and TGC’s upcoming launch in Taiwan , TiVo is reaffirming its commitment to bring the ’TiVo, TV Your Way’ message to the global marketplace.
“Consumers around the world want the TiVo experience,” said TiVo CEO Tom Rogers . “TGC’s launch in Taiwan is yet another step in our mission to expand the TiVo experience to high value, wired markets around the world. We are committed to enhancing the TiVo brand and to delivering a superior television viewing experience to living rooms around the world.”
“The TiVo experience has a very passionate, global following and we have seen extensive demand for the TiVo technology throughout Asia ,” said Ta-Wei Chien, President and CEO of TGC. “We are excited about the upcoming launch and look forward to helping extend the TiVo brand internationally.”
TGC, Inc. is operating under an exclusive technology license from TiVo. TiVo owns a significant minority interest in TGC.
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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