KARLSBAD, Germany and ALVISO,
California - November 28, 2007 - Nero, leaders in digital media
technology, and TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in
television services for digital video recorders (DVRs), today announced that
they have entered into an agreement to further enable the connected digital home
by integrating TiVo's television user experience with Nero's next generation of
PC software.
"The partnership with TiVo extends the TV experience for the
connected digital home, enabling easy access anytime, anywhere to the most
extensive TV content," said Richard Lesser, CEO, Nero AG. "Our core technology
enables the creation of new categories in consumer electronics, changing the way
that users interact with both hardware and software. Our proven technology adds
media functionality to the world's leading consumer electronics, personal
computing and software products."
Under the agreement, Nero will develop a software solution that
will bring TiVo features to the personal computer. Capitalizing on the growing
PC TV tuner market, it will answer the consumer demand for a trusted PC-based
DVR experience for use with the estimated 50.8 million PC TV tuners that will be
sold worldwide by 2011, according to In-Stat research report published in April
2007.
"This agreement provides TiVo with an opportunity to deliver
its interface and differentiated feature set globally via the PC, enabling TiVo
to use all avenues of mass distribution - from consumer electronics, to cable
and satellite boxes and soon, the PC," said Tom Rogers, President and CEO,
TiVo. "We are thrilled to work with Nero, a highly successful leader in
software solutions for the PC who has the ability to develop a state-of-the-art
program centered on the TiVo platform that will bring the same personalized
entertainment experience to domestic and international consumers on their
personal computers."
About Nero
Nero is a global leader in digital media technology that allows
the creation and distribution of content between people, devices and locations
for the personal computer, consumer electronics, and mobile industries. Over 240
million units of Nero's award-winning software solutions have been distributed
globally and are widely used in the home, on the go and professionally.
Nero distributes products globally through hardware
manufacturers, international partners, retailers, and directly through
www.nero.com. Nero AG is headquartered in Karlsbad, Germany and serves the world
with regional offices in Karlsbad, Germany (EMEA); Glendale, California, USA
(Americas); Yokohama, Japan (APAC); and Hangzhou, China (China).
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 other distributors, 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 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™ transfers 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.