Macrovision Solutions Corporation (NASDAQ: MVSN), a digital entertainment technology leader, announced today that it has signed a multi-year technology and patent licensing agreement with VIZIO, Inc., America’s HDTV and Consumer Electronics Company, for Macrovision’s interactive program guide (IPG) technologies. The agreement will enable VIZIO to incorporate Macrovision’s IPG technologies into future products to help consumers navigate, sort, select and schedule television programming.
“We recognize that consumers today have an unprecedented amount of content to choose from across a growing number of digital channels and sources,” said Matthew McRae, VIZIO VP of Products. “Simplifying that user experience is a critical part of our design philosophy, as we continue to develop innovative new ways of bringing value to the VIZIO customer. We’re pleased to be working with Macrovision to enhance our customers’ digital home entertainment experience.”
“VIZIO is committed to offering its customers the best technologies on the market for their HDTVs and other consumer electronics devices, which includes making it seamless for them to discover digital content right from their TV screen,” said Tom Carson, executive vice president, sales and services. “VIZIO’s licensing agreement for our IPG technologies underscores the importance that manufacturers place on helping their customers find, manage and enjoy the plethora of digital content that is available to them. We’re excited to be working with VIZIO on bringing value-add solutions that simplify and personalize the consumer experience for its high-volume home entertainment products.”
In today’s digital lifestyle, consumers have access to a nearly infinite source of digital media that is available via the television. Macrovision’s IPG technologies provide CE manufacturers with interactive, on-screen listings to help viewers access the entertainment that matters to them most.
About Macrovision Solutions Corporation
Macrovision Solutions Corporation (macrovision.com) is focused on providing a uniquely simple digital home entertainment experience by delivering solutions to businesses to protect, enhance and distribute digital goods to consumers across multiple channels. Macrovision’'s technologies are deployed by companies in the entertainment, consumer electronics, cable and satellite, and online distribution markets to solve industry-specific challenges and bring greater value and a more robust user experience to their customers. The result of deploying Macrovision's solutions is a simple end user experience for discovering, managing and enjoying digital content. Today, Macrovision provides connected middleware, media recognition, interactive programming guides, copy protection and rich media, data and metadata on music, games, movies and television programming. The company also operates an entertainment portal which can be found at allmusic.com. Macrovision holds over 4,000 issued or pending patents and patent applications worldwide.
Macrovision is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom.
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 annual report on Form 10-K for the period ended December 31, 2008 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at 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.