Santa Clara - 11/26/2007 - Macrovision Corporation (NASDAQ: MVSN) today announced a license agreement with a leading set top box manufacturer which provides the licensee rights to utilize Macrovision’s Connected Platform within its digital set top boxes in the North America cable market. The agreement is intended to advance the development of next-generation set-top boxes that allow consumers to access, share and manage digital content within their homes.
The growing volume of high-quality personal digital content available within the home, as well as on the Internet, has driven greater demand for networked entertainment devices. Digital set top boxes are now common in many homes in the United States and, in many cases, are becoming the hub of the family entertainment experience. Currently, most consumers are limited to accessing premium linear and on demand content on their set top box and storing and viewing personal digital media content, such as photos, on a personal computer. However, system operators and manufacturers are quickly adopting technologies to bridge the gap between the PC and cable set-top boxes.
Macrovision's Connected Platform enables hardware providers to create cutting-edge wired and wireless digital home products that allow users to discover, browse, search and enjoy personal content and connect between silos of digital entertainment.
"Cable operators are increasingly demanding networked set top boxes that can enable the next-generation of digital home entertainment experience," said Fred Amoroso, President and CEO of Macrovision. "We are pleased that key CE manufacturers are embracing our Connected Platform and look forward to participating in their success."
Macrovision's Connected Platform offers a comprehensive and flexible solution for the development of consumer entertainment products with the capability to acquire streamed music, photos and video from PCs and networked storage devices.
About Macrovision Solutions Corporation
Macrovision Solutions Corporation 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 http://www.allmusic.com/. Macrovision holds over 4,100 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. More information about Macrovision can be found at http://www.macrovision.com/.
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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 quarterly report on Form 10-Q for the period ended September 30, 2008 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at http://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.
