SAN JOSE, CA -- (Marketwire) -- 03/11/13 -- TiVo Inc. (NASDAQ: TIVO), the creator of digital video recorders (DVRs) and a leader in advanced television services, today announced the retail availability of TiVo® Mini, an all-purpose companion device that allows TiVo users to access apps and affordably extend the viewing of live TV, recorded and streaming content, as well as on-demand* programming, to rooms throughout their homes without an additional TiVo DVR.
TiVo Mini is not a DVR, but extends the value of a TiVo four-tuner DVR, the TiVo Premiere 4 or the TiVo Premiere XL4, using one of the DVR's tuners to enable the control and access of content on a TV in another room of the house. TiVo Mini features a much smaller footprint than a DVR and users will enjoy the same intuitive and award-winning TiVo user interface. They will be able to control their main TiVo DVR by scheduling recordings and WishList® searches, among other activities. Users will even be able to start a show in the living room and finish it on a TiVo Mini in another room.
"The TiVo Mini answers the demand for a simplified whole-home viewing experience and a more cost-effective solution than putting another DVR or cable set-top box in another room," said Jim Denney, GM and VP of Product Marketing for TiVo Inc. "With so many viewing options in a compact form factor, TiVo Mini makes it easier to get more value from your existing home entertainment set up by further enabling you to watch what you want, where you want it."
Measuring six-inches long and just over an inch wide, TiVo Mini's minimalist design streamlines the entertainment center in additional rooms of the home and offers access to integrated apps, including YouTube, Hulu Plus, Pandora, and Spotify, with more apps planned.
In addition to TV, movies, and music, the TiVo Mini will include a gaming component. Users can access and play a variety of games, including Quizzmaster, Black Jack and Wordsmith. Through Google Picasa and Photobucket integrations on the TiVo Mini, users can also access their photos on TV screens throughout the home.
TiVo Mini Specifications and Requirements:
•Requires 4-tuner TiVo DVR•Compatible TiVo DVR models include:•TiVo Premiere 4 •TiVo Premiere XL4 (previously Premiere Elite)•Requires Coax/MoCA or Ethernet broadband connection. (Wireless networks are not supported) •Dimensions: 1.25" x 6.12" x 6.12" •Weight: 0.78 lbs •Requires that the TiVo Mini be installed and activated on the same account and network as the main DVR
Pricing and Availability
The TiVo Mini is now available through tivo.com/mini and will be available March 17th, 2013 from authorized retailers for $99.99, with a monthly subscription fee of just $5.99 for a 12-month commitment. Alternatively, users can opt to purchase the TiVo Mini with lifetime service for a one-time cost of $249.98. For more information on TiVo Mini or any of TiVo's products, please visit www.tivo.com.
* TiVo Mini delivers XFINITY On Demand content to XFINITY customers in select markets. Visit www.tivo.com/xfinity for details.
About TiVo Inc.
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, TiVo Logo, and Trick Play 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, the expected availability of TiVo Mini on TiVo.com and in retail and the future availability of additional content applications. 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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