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Unedited press release follows:
Rovi Signs Intellectual Property License Agreement with Funai
Rovi Expands North American Patent License Program with Addition of TV Manufacturer to Its Roster
Santa Clara, Calif. – 5/4/2011 – Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has entered into a patent license agreement with Funai, the manufacturer of LCD TVs. The agreement provides Funai with a license to the Rovi interactive program guide (IPG) and parental control patent portfolio.
“As more content continues to become available to consumers on their televisions, the guide will remain instrumental in helping them find the programming that is of interest to them,” said Samir Armaly, senior vice president of intellectual property and licensing, Rovi. “We welcome Funai to our patent license program, an example of a CE manufacturer focused on bringing a high-quality digital entertainment experience to consumers.”
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 nearly 5,000 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 http://www.rovicorp.com/.