STRONG and Rovi Sign IPG Patent License Agreement
Rovi Expands Patent License Program in Europe
Santa Clara, Calif. - 2/24/2010 - Rovi Corporation (NASDAQ: ROVI) and STRONG, a leading provider of set-top boxes in Europe, today announced that they have entered into a license agreement for interactive program guide (IPG) patents owned by Rovi.
The agreement provides STRONG with a license to Rovi’s IPG patents for STRONG branded set-top boxes sold at retail throughout Europe.
"Our global patent licensing program continues to make significant strides and in the past year we have added numerous leading companies throughout the world as licensees," said Samir Armaly, senior vice president of licensing, Rovi. "STRONG marks yet another top consumer electronic retail brand in Europe that has elected to license our IPG intellectual property."
"We are dedicated to bringing innovative, exciting and reliable products to consumers throughout Europe," said Khaled Debs, COO of STRONG International. "By licensing Rovi’s intellectual property, we aim to continue to bring the very latest in digital entertainment technologies to our customers."
About STRONG International Ltd.
STRONG, established in Japan in 1868 as a major manufacturer and distributor, is today specialized in a full range of Digital Terrestrial, Satellite, Cable and IPTV equipment across the world. With extensive know-how and strong emphasis on design and quality STRONG managed to become one of the leading providers of TV reception equipment in Europe. STRONG focuses on customer’s specific needs and services providing set-top boxes of the latest technology throughout a well established Pan European distribution network, logistics and After Sales Service and fully operational subsidiaries and regional sales offices.
By continuously anticipating market requirements and expanding its product assortment to offer a complete range of Digital TV reception equipment STRONG continues to grow and expand into new markets. More information on STRONG and its products can be found at www.strong.tv.
About Rovi Corporation
Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.
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Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent report on Form 10-Q for the period ended March 31, 2013 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at http://www.sec.gov/). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
For more information, contact:
Chris Taylor
Rovi Corporation
+1 (408) 562-3077
Chris.D.Taylor@rovicorp.com