SANTA CLARA, Calif. 9/6/2005 - Macrovision Corporation (Nasdaq: MVSN) announced today that James Budge joined the Company as Executive Vice President and Chief Financial Officer, effective immediately. Budge will oversee all aspects of financial management, control, reporting, planning, tax and investor relations for Macrovision. Budge will also have responsibility for IT and Facilities operations across the Company.
"James brings exceptional financial experience, both in public accounting and leading corporate finance organizations, to Macrovision. With my past experience working with James, I look forward to his efforts in helping us become a stronger business with world class financial infrastructure. I am very pleased to welcome to Macrovision a top quality financial executive who will be instrumental in driving the business forward," said Fred Amoroso, Macrovision Chief Executive Officer.
Budge said, "I am thrilled to be joining Macrovision. The Company has built a terrific franchise and I am excited to help lead the Company during this next round of growth."
Budge has served as Chief Financial Officer for the past six years, most recently at Trados, Incorporated; and prior to Trados, at Sendmail, Inc. and Crossworlds Software Inc. At Crossworlds, he was part of a team that led the company through its initial public offering and ultimately sold the company to IBM Corporation. Before joining Crossworlds, Budge served as Director of Finance for Hyperion Solutions. Budge started his career with Price Waterhouse LLP where he worked for seven years.
Budge is a Certified Public Accountant and has a Bachelor of Science in Accounting from Brigham Young University.
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.
