Gizmo Lovers Blog » 2006 » April

Orb Releases DVR Everywhere(TM) for Users of TiVo(R) DVRs

Posted Friday, April 14th, 2006 at 00:19 by MegaZone. Filed under Press Release, TiVo

PRNewswire…
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TiVo Appoints Stuart West to the Position of Acting Chief Financial Officer

Posted Friday, April 14th, 2006 at 00:17 by MegaZone. Filed under Press Release, TiVo

TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVR), today announced that it is appointing Stuart West to the position of Acting Chief Financial Officer, effective April 17, 2006. West, who has been with TiVo for more than five years, will retain his title of Vice President, Finance and is the only internal candidate for the permanent position of Chief Financial Officer.

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TiVo Statement on Jury Decision in Lawsuit Victory Against EchoStar

Posted Friday, April 14th, 2006 at 00:16 by MegaZone. Filed under Press Release, TiVo

TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVR), today offered the following comment on the jury’s decision in its favor in its lawsuit against EchoStar Communications Corporation in the United States District Court, Eastern District of Texas:

“TiVo is pleased that the jury found that TiVo’s pioneering time warping patent is valid and that EchoStar has been infringing on our intellectual property. TiVo is particularly gratified that the jury found that EchoStar willfully infringed on our patent and the consequences their actions had on our overall business. This decision recognizes that our intellectual property is valuable and will ensure that moving forward EchoStar and any others that want to use our patented technology will be required to provide us with compensation.

TiVo intends to seek a permanent injunction against EchoStar’s DVR products.

TiVo is built on a strong foundation of innovative technology and intellectual property. We now hold more than 87 patents in our worldwide patent portfolio and have more than 138 patent applications pending. TiVo has a long list of licensees in the consumer electronics, cable and satellite markets, and we will continue to license our technology under appropriate circumstances and arrangements. We will also continue to vigorously defend our intellectual property for the benefit of our licensees and shareholders.”

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TiVo scores patent win against EchoStar

Posted Friday, April 14th, 2006 at 00:13 by MegaZone. Filed under TiVo

A Texas jury has awarded TiVo $73.9 million in damages after finding that EchoStar infringed on patents held by TiVo for digital video recorders.

This is a big win for TiVo. I’m sure EchoStar will appeal, but this win gives TiVo more leverage in licensing their software, or intellectual property, to others.

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