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Rovi Signs Interactive Program Guide Technology Licensing Agreement with Samsung Electronics - Rovi’s Digital Entertainment Technologies to be deployed by Samsung on its Next-generation TVs and other CE Devices (NASDAQ: ROVI)
Rovi Signs Interactive Program Guide Technology Licensing Agreement with Samsung Electronics

 

NewswireToday - /newswire/ - Santa Clara, CA, United States, 2009/08/18 - Rovi’s Digital Entertainment Technologies to be deployed by Samsung on its Next-generation TVs and other CE Devices (NASDAQ: ROVI). NASDAQ: ROVI

   
 
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Rovi Corporation, formerly Macrovision Solutions Corporation, today announced a multi-year, multi-country technology and patent licensing agreement with Samsung Electronics. The agreement allows Samsung to incorporate Rovi's interactive program guide (IPG) technologies into its next-generation TVs and other consumer electronics (CE) devices. Rovi's IPG technologies enable CE manufacturers like Samsung to integrate interactive, on-screen listings into their products to help viewers navigate, sort, select, and schedule television programming.
“Samsung Electronics continues to be at the forefront of innovation, providing consumers with television products with world-class picture quality, design and energy efficiency,” said Kyung Shik Lee, vice president, Samsung Electronics. “By working with Rovi, we are dedicated to bringing an advanced digital home entertainment experience that empowers consumers to find their favorite content on the television while also enabling them to discover new programming quickly and easily.”

“As the choices in content, channels and viewing platforms increase exponentially, consumers need advanced guidance technologies that will help them find out ‘what’s on’,” said Tom Carson, executive vice president, sales and services, Rovi Corporation. “We’re excited to be working with Samsung on bringing an enhanced digital home entertainment experience to the consumer."

Rovi’s guide technologies are designed to provide consumers with simple and intuitive access to digital media content of all types as well as a personalized home entertainment experience that makes it easy for consumers to find what they want, when they want it.

About Rovi Corporation
Rovi Corporation (rovicorp.com) 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 4,000 issued or pending patents and patent applications worldwide and 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.

[8/17/2009 - Content made possible by PRZOOM indexing services]

 
 
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Written by / Agency / Source: Rovi Corporation

 
 

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Rovi Signs Interactive Program Guide Technology Licensing Agreement with Samsung Electronics

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Publisher Contact: Linda Quach 
408-562-8504 inda.quach[.]rovicorp.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Rovi Corporation securities in any jurisdiction including any other companies listed or named in this release.

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