TiVo Files Patent Infringement Suit Against EchoStar
Monday January 5, 4:01 pm ET
SAN JOSE, Calif., Jan. 5 /PRNewswire-FirstCall/ -- TiVo Inc. (Nasdaq: TIVO - News) today filed a patent infringement suit against EchoStar Communications Corporation in federal district court in Texas alleging the satellite television service provider is violating claims of U.S. Patent No. 6,233,389 issued to TiVo in May 2001, known as the "Time Warp" patent. Key TiVo inventions protected by the Time Warp patent include a method for recording one program while playing back another, watching a program as it is recording, and a storage format that supports advanced TrickPlay(TM) capabilities (i.e. pausing live television broadcast, fast-forwarding, rewinding, instant replays, and slow motion).
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"We take great pride in the fact that TiVo has created and developed the technology that revolutionizes the way people watch television," said Mike Ramsay, CEO of TiVo. "We've invested in building a comprehensive patent portfolio to protect our intellectual property and as the DVR category grows, we will be aggressive in protecting those assets."
"Our plan has been to leverage our intellectual property to support our drive for market share growth. The success of our licensing business clearly demonstrates the value the industry has placed on TiVo's technology. It's important that we protect our IP for TiVo and our licensees," continued Ramsay.
TiVo filed the patent involved in this litigation with the U.S. Patent and Trademark Office in July 1998.
As disclosed in its most recent annual report, TiVo has been awarded 49 patents and has over 100 patent applications pending. These patents and patent applications protect its original DVR software and hardware design, as well as additional features that enhance the TiVo service and enable networked home entertainment.
About TiVo
Founded in 1997 with the mission to dramatically improve consumers' television viewing experiences, TiVo is the creator of television services for digital video recorders (DVRs). TiVo's leadership has defined and inspired the entire category, earning the company patents for pioneering inventions associated with DVR software and hardware design. TiVo was the first to deliver on the promise of consumer choice and control over TV viewing, building a loyal and passionate subscriber base with over 97% of customers surveyed recommending TiVo to a friend. This enthusiasm has contributed to overwhelming growth over the past year, and the total subscriber base exceeds 1 million. TiVo is headquartered in San Jose, CA. Additional information can be found at www.tivo.com.
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 the risk that a court may not find infringement, or determine the patent to be invalid or unenforceable, and the cost of litigation, as well as the "Factors That May Affect Future Operating Results" and other risks detailed in our Annual Report on Form 10-K for the fiscal year ended January 31, 2003, and our Quarterly Report on Form 10-Q for the quarter ended October 31, 2003, 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.
NOTE: TiVo is a registered trademark of TiVo Inc. in the United States and other jurisdictions. TrickPlay is a trademark of TiVo Inc. in the United States and other jurisdictions. All rights reserved. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.