TIVO,new product,
TiVo Introduces TiVo Series2 - Next-Generation Digital Video Recorder
PR NEWSWIRE - January 08, 2002 15:54
Low Cost Platform Offers More Recording Capacity and Enables New Entertainment
Services Starting at $299
LAS VEGAS, CONSUMER ELECTRONICS SHOW, Jan. 8 /PRNewswire-FirstCall/ -- TiVo (Nasdaq: TIVO) the creator and leader of television services for digital video recording, today introduced a new digital video recorder (DVR), the TiVo Series2 DVR. TiVo's next-generation DVR offers more recording capacity at a lower cost and will enable new entertainment services such as digital music, digital photos, broadband video on demand, and video party games that can be enjoyed by the entire family.
TiVo DVRs record television programming directly to a digital hard drive, eliminating the hassles of videotape. The TiVo Series2 offers up to 60 hours of recording time, in a newly designed box that is TiVo's smallest and sleekest yet. A 40-hour version of the Series2 recorder is currently available from AT&T Broadband for $299 at www.attbroadband.tivo.com. The 60-hour TiVo Series2 will first be available to consumers beginning in February 2002 at www.tivo.com for $399. Customers interested in pre-ordering the new product can go to www.tivo.com now and register to be first in line when sales begin.
TiVo Series2 DVR has two USB expansion ports, providing easy connectivity with peripheral devices, such as digital cameras, MP3 or CD players. This connectivity will also enable TiVo subscribers to access exciting new entertainment services like music, digital photos, video party games, Internet radio and broadband video on demand. Today, TiVo announced industry partnerships (see related release dated January 8, 2002), to develop these new entertainment services in time for the holiday season of 2002.
"You can't win in this market with techno baubles and gadgets. We have inspired consumers by recognizing it's 90 percent about entertainment, and 10 percent about technology. We've learned from our loyal TiVo subscribers that consumers want the latest and hottest technology, but demand ease-of-use and a better entertainment experience," said Mike Ramsay, CEO of TiVo. "Spending time at home with the family, relaxing and being entertained -- should be comfortable, not complicated. TiVo Series2 delivers an easy-to-use and easy-to-enjoy home entertainment experience."
TiVo DVR Series2 Feature Highlights
Specific features and functionality in the new TiVo include:
-- Up to 60 hours of recording time without the hassles of videotape
-- Sleeker dimensions of 15" width by 11.5" depth by 3" height for
convenient fit in home entertainment systems
-- As with all TiVo standalone units, the TiVo DVR Series2 is compatible
with and connects easily to virtually every television model available.
It also works with VCRs, TV antennas, cable systems, and satellite
systems.
-- Improved patented remote control that allows for easy program recording
as well as control of multiple TiVo's in the home.
-- Enhanced graphics engine
-- 2 USB expansion ports to connect to peripheral devices like digital
cameras, network adaptors, MP3 and CD players, etc.
-- Ready to run multiple entertainment services such as digital music,
digital photos, video party games and broadband video-on-demand.
Media interested in reviewing the TiVo DVR Series2 should contact TiVo PR or go to www.tivo.com/pressroom.
About TiVo Inc.
Founded in 1997 with the mission to dramatically improve consumers' television viewing experiences, TiVo is the creator of and undisputed leader in television services for digital video recorders (DVR). TiVo's leadership has defined and inspired the entire category, earning the company patents for pioneering inventions associated with DVR software and hardware design. TiVo was the first to deliver on the promise of consumer choice and control over TV viewing, building a loyal and passionate subscriber base with over 97% of customers recommending TiVo to a friend. This enthusiasm has contributed to an overwhelming 300% growth over the past year, bringing the total subscriber base to exceed 280,000.
Today, the TiVo Service is available in the United States on the Philips Personal TV Recorder(TM) and the Sony Digital Network Recorder TM and DIRECTV Receivers with TiVo in nearly 3500 consumer electronics retail and online outlets and in the UK under the Thomson Scenium brand. TiVo is headquartered in San Jose, CA. Revenues for fiscal year ended December 31, 2000 were $3.6 million. Additional information can be found at tivo.com . |
