SANTA CLARA, Calif.- 2/7/2007 - Macrovision Corporation (NASDAQ: MVSN) today announced the availability of two new solutions that provide independent software vendors (ISVs) and corporate IT with a centralized view of how and where software applications are being used throughout the enterprise. The solutions provide Corporate IT and software vendors with an automated system to track software license usage in order to reduce the inaccuracy and guess-work associated with manual license tracking and enable a more efficient way of capturing customer usage and anticipating software expenses.
To date, IT organizations are still devoting major staff resources to database monitoring and compliance reporting. Among organizations with more than 5,000 employees, 80 percent require four or more full-time employees to manage data compliance, with 24 percent needing more than 10 full-time employees, according to a December 2006 Oracle Applications Users Group (OAUG) survey*.
The two Macrovision solutions announced today to address this issue are the Software Compliance Solution for Corporate IT and the Compliance Monitor Solution for ISVs.
Macrovision's Compliance Monitor solution enables ISV's to increase revenue by capturing, monitoring and reporting actual usage of their products and services, including those already deployed by their customers. It effectively monitors new and existing usage of installed software without product modifications and eliminates the costs and inconveniences of physical audits.
The Software Compliance Solution for Corporate IT provides enterprises with tracking and reporting technology to help them eliminate casual and unintentional misuse of software and reduce administration time by automating and centralizing license management tasks. With an in-depth understanding of how software is being used and allocated across the business, enterprises can maintain compliance with vendor license usage contracts and fulfill software usage requirements.
For instance, Freescale Semiconductor, Inc. has realized efficiency improvements using Macrovision's license management products as part of their overall solution for Corporate IT. As the company focuses on designing and manufacturing embedded semiconductors for a wide variety of industries, it needs precise and real-time automated solutions to help meet increasing work flow demands and accurately forecast future needs.
"Without license management solutions like this, tracking usage data and historical reporting would be more cumbersome if not impossible. This would hinder us from properly forecasting future software needs," said Dan Griffith, manager, EDA Business Relations and Asset Management for Freescale Semiconductors. "Using tools like this, we are able to more accurately track license usage and maintain central control over purchasing decisions. Armed with the real-time trend analysis and usage reports that these tools provide, we've realized efficiency gains as well as the benefits of being able to efficiently generate reports that help us make important strategy decisions."
"Our solutions underscore our commitment to helping our customers work more efficiently, reduce expenses, and increase productivity," said Fred Amoroso, CEO of Macrovision. "With our compliance solutions, enterprises have access to an efficient tracking and reporting system to effectively manage their IT infrastructure and make strategic business decisions on software spending, and ISVs have an easier method for verifying increased software use with their new and current customers."
*The December 2006 report, "Automating Compliance: The Role of Automation in Database Compliance Monitoring," was commissioned by the OAUG, in cooperation with Guardium, and published by Unisphere Research, which specializes in tracking trends in the database industry.
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.
