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Technology Stocks : Tivo (TIVO) Interactive TV
TIVO 6.0900.0%Jun 1 5:00 PM EST

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From: Road Walker5/8/2005 11:10:12 AM
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EchoStar Files Patent Infringement Suit Against TiVo

ENGLEWOOD/ALVISO, May 6: EchoStar Communications Corp. has filed a lawsuit against California-based PVR specialist TiVo and the U.S. unit of South Korea's Humax, citing patent infringement.

According to reports, EchoStar alleges that TiVo and Humax infringed four patents for digital video recording. The move comes more than a year after TiVo filed suit against EchoStar claiming infringement of a technology used to record one program while replaying another.

EchoStar yesterday posted its first quarter 2005 results, which showed a profit of $317.5 million versus the Q1 2004 loss of $42.9 million. Total revenue was $2.02 billion, up from $1.58 billion in the year-ago period.
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