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Technology Stocks : Tivo (TIVO) Interactive TV -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (1863)	4/14/2006 7:17:58 AM
From: Road Walker	Respond to of 2093

TiVo Statement on Jury Decision in Lawsuit Victory Against EchoStar ALVISO, Calif., April 13 /PRNewswire-FirstCall/ -- TiVo Inc. (Nasdaq: TIVO), the creator of and a leader in television services for digital video recorders (DVR), today offered the following comment on the jury's decision in its favor in its lawsuit against EchoStar Communications Corporation in the United States District Court, Eastern District of Texas: 'TiVo is pleased that the jury found that TiVo's pioneering time warping patent is valid and that EchoStar has been infringing on our intellectual property. TiVo is particularly gratified that the jury found that EchoStar willfully infringed on our patent and the consequences their actions had on our overall business. This decision recognizes that our intellectual property is valuable and will ensure that moving forward EchoStar and any others that want to use our patented technology will be required to provide us with compensation. TiVo intends to seek a permanent injunction against EchoStar's DVR products. TiVo is built on a strong foundation of innovative technology and intellectual property. We now hold more than 87 patents in our worldwide patent portfolio and have more than 138 patent applications pending. TiVo has a long list of licensees in the consumer electronics, cable and satellite markets, and we will continue to license our technology under appropriate circumstances and arrangements. We will also continue to vigorously defend our intellectual property for the benefit of our licensees and shareholders.'