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The Multi-Year Agreement Includes Usage Rights for Mobile and Online Platforms
SANTA CLARA, Calif., Aug. 1, 2012 (GLOBE NEWSWIRE) -- Rovi Corporation
(Nasdaq:ROVI) today announced that it has entered into a multi-year
extension agreement for interactive program guides (IPGs) deployed by
Sky Italia. Rovi originally had an agreement directly with Sky Italia
for these rights, but the extension is being provided under Rovi's
license agreement with NDS Group Ltd, a leading provider of technology
solutions for digital pay-TV and supplier to Sky Italia. The extension
includes rights under the Rovi patents not only for set-top boxes, but
also for secondary screens such as mobile devices, tablets and online
applications.
"We are pleased to expand our relationship with NDS to allow the
continued deployment and use of our intellectual property by leading
providers like SKY Italia," said Samir Armaly, EVP, Intellectual
Property & Licensing, Rovi Corporation. "We believe Rovi IPG and
related technologies are essential to helping service providers satisfy
consumers' growing demand for 'anytime, anywhere' access to TV
entertainment."
About Rovi Corporation
Rovi Corporation is focused on revolutionizing the digital
entertainment landscape by delivering solutions that enable consumers
to intuitively connect to new entertainment from many sources and
locations. The company also provides extensive entertainment discovery
solutions for television, movies, music and photos to its customers in
the consumer electronics, cable and satellite, entertainment and online
distribution markets. These solutions, complemented by industry leading
entertainment data, create the connections between people and
technology, and enable them to discover and manage entertainment in an
enjoyable form.
Rovi holds over 5,200 issued or pending patents worldwide and is
headquartered in Santa Clara, California, with numerous offices across
the United States and around the world including Japan, China,
Luxembourg, and the United Kingdom. More information about Rovi can be
found at http://www.rovicorp.com/.
The Rovi Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6482
Forward Looking Statements
All statements contained herein that are not statements of historical
fact, including statements that use the words "will" or "is expected
to," or similar words that describe the Company's or its management's
future plans, objectives, or goals, are "forward-looking statements"
and are made pursuant to the Safe-Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of the Company to be
materially different from the historical results and/or from any future
results or outcomes expressed or implied by such forward-looking
statements. Such factors are further addressed in the Company's most
recent report on Form 10-Q for the period ended March 31, 2012 and such
other documents as are filed with the Securities and Exchange
Commission from time to time (available at www.sec.gov). The Company
assumes no obligation to update any forward-looking statements in order
to reflect events or circumstances that may arise after the date of
this release, except as required by law.
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