SANTA CLARA, Calif., Oct. 25, 2010 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) today announced that it entered into a multi-year agreement whereby Telstra has licensed the interactive program guide (IPG) patent portfolio owned by Rovi. The agreement has provided and will continue to provide Telstra with a license to Rovi patent intellectual property for Telstra's T-Box service.
"We welcome Telstra, a leading telecommunications and information services company in Australia, to our global patent license program," said Samir Armaly, senior vice president of licensing, worldwide, Rovi. "This announcement marks our continued growth in the Australian market and the important role our intellectual property brings to service providers, like Telstra, looking to bring innovative ways for customers to experience TV."
Telstra joins other Rovi patent program licensees in Australia, including AUSTAR, FOXTEL, and Freeview.
About Rovi Corporation
Rovi Corporation 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 4,700 issued or pending patents 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. More information about Rovi can be found at .
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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 report on Form 10-Q for the period ended June 30, 2010 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at 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.
CONTACT: Rovi Corporation Linda Quach +011 408 562 8504 linda.quach@rovicorp.com