SAN JOSE, CA -- (Marketwire) -- 01/15/13 -- TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, congratulates Matthew Zinn on earning The Association of Media & Entertainment Counsel's PwC Dan Brandhorst Memorial Deal Maker of the Year Award during the group's 8th Annual Counsel of the Year Awards held last week in Los Angeles. Each year the AMEC recognizes the achievements made by in-house counsel members in the media and entertainment industry.
Zinn, who serves as Senior Vice President, General Counsel, Secretary and Chief Privacy Officer at TiVo, was recognized for his success in leading the Company's intellectual property defense efforts culminating in reaching settlement deals with DISH Network, AT&T, and Verizon resulting in guaranteed payments to TiVo of over $1 billion. In January 2012, Zinn's team settled patent litigation with AT&T and then Verizon in September 2012, guaranteeing TiVo at least $465 million from these settlements in addition to more than $600 million in consideration from the Company's 2011 settlement and damages from DISH.
"Matt brings an unparalleled level of expertise and legal acumen to nearly every aspect of TiVo's business," said Tom Rogers, CEO and President of TiVo. "This award is certainly well-deserved and, while it stems from Matt's rigorous efforts in the settlement of our patent litigations with AT&T and Verizon in 2012, it goes without saying that his entire body of work at TiVo, including his expert prosecution of our litigation against DISH two years ago, his regulatory dealings, and his role in helping TiVo secure multiple new television operator partnerships this year alone, among other notable achievements, is worthy of accolades. With Matt spearheading our in-house legal efforts and his track record of protecting our valuable portfolio of patents, we are extremely confident in our ongoing enforcement actions and the Company's ability to continue to deliver value to our shareholders from our efforts in defending TiVo's intellectual property."
Zinn said, "I am honored and humbled to receive this award. I am also fortunate to be part of a team of skilled attorneys who work tirelessly to successfully protect and further validate TiVo's intellectual innovations and bring them to our customers' homes around the globe."
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). Today TiVo is a global leader in advanced television service for virtually any platform or device. TiVo offers its service directly to consumers, and also distributes its technology and services through solutions tailored for cable, satellite and broadcasting companies. Since its founding, TiVo has evolved into the ultimate single-solution media center by combining its patented DVR technologies and universal cable box capabilities with the ability to aggregate, search and deliver millions of pieces of broadband, cable and broadcast content directly to the television. TiVo also continues to weave itself into the fabric of the media industry by providing interactive advertising solutions and audience research and measurement ratings services to the television industry www.tivo.com.
TiVo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2013 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, TiVo's expectations with respect to its on-going intellectual property litigation. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in TiVo's public reports filed with the Securities and Exchange Commission, including TiVo's Annual Report on Form 10-K for the fiscal year ended January 31, 2012, Quarterly Reports on Form 10-Q for the periods ended April 30, 2012, July 31, 2012 and October 31, 2012 and Current Reports on Form 8-K. TiVo cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
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