TiVo co-founder honored with innovators from leading technology companies for fundamentally changing how consumers watch TV

SCOTTSDALE, Ariz., Feb. 15 /PRNewswire-FirstCall/ -- TiVo TIVO, the creator of and leader in television services for digital video recorders (DVRs), announced today that TiVo Chairman, CEO, and co-founder, Michael Ramsay will be honored at the DEMO@15 conference as one of DEMO's 15 World-Class Innovators. The honors were given to innovators whose technologies launched at previous DEMO shows and still remain relevant and significant today.

Honored alongside Ramsay will be other industry luminaries including Marc Andreessen, chairman of Opsware, Marc Benioff, chairman & CEO of Salesforce.com, Google co-founders Sergey Brin and Larry Page, and EMC Corp. Executive Vice President, Howard Elias.

"TiVo has fundamentally changed the way people watch television. It has transformed mass-market broadcast television into a personal viewing experience and forever altered our expectations as to how we will consume mass media," said Chris Shipley, Executive Producer of the DEMO Conference. "As TiVo made its foray into the market, DEMO was pleased to be a showcase for the technology and is glad to honor Mike now for his vision and leadership in transforming this market."

Ramsay co-founded TiVo in 1997 with Jim Barton, with the vision that television should fit the viewer's life, not the other way around. A pioneer in creating the digital living room, TiVo has put convenience and control into the hands of consumers via the digital video recorder (DVR), which enables viewers to pause live TV and watch programs on their own schedule. TiVo has continued to innovate by expanding beyond the DVR to bring consumers all the content they love -- whenever and wherever they want.

As of October 31, 2004, there were approximately 2.3 million subscriptions to the TiVo service, and the company's existence has fundamentally changed industries ranging from entertainment to advertising, causing TiVo to become a household brand.

"The DEMO conferences have always been a launching pad for emerging technologies, and I am honored to be recognized alongside these industry visionaries," said Ramsay. "DEMO enabled us to showcase our vision to create a digital living room that would enable consumers to control digital entertainment at their convenience. I am thrilled that that vision has become reality."

TiVo recently announced TiVoToGo(TM), a new feature that enables subscribers to take their favorite shows with them on their PC wherever they go. The company also recently announced its next-generation service strategy, code named "Tahiti," which includes an open platform that will enable third parties to develop applications and distribute content to the TiVo subscriber base. By opening its platform to developers, TiVo will add new value to the TiVo Service, and open the floodgates for other innovative services and applications on the TiVo platform.

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    About TiVo Inc.

    Founded in 1997, TiVo, a pioneer in home entertainment, created a brand new category of products with the development of the first digital video recorder (DVR). Today, the Company continues to revolutionize the way consumers watch and access home entertainment by making TiVo the focal point of the digital living room, a center for sharing and experiencing television, music, photos and other content. TiVo connects consumers to the digital entertainment they want, where and when they want it. The Company is based in Alviso, Calif.

    About the DEMO Conferences

    The annual DEMO conferences focus on emerging technologies and new products, which are hand-selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, and have served as launch pad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. Each DEMO conference features approximately 70 new companies, products and technologies. For more information on the DEMO conferences, visit http://www.demo.com/ .

    The DEMO community also benefits from the award winning DEMOletter. A weekly e-newsletter designed to reach the people who are creating companies, building products and launching new ideas, DEMOletter provides smart insight and analysis of entrepreneurial business issues.

    This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, expectations for future third party development of the TiVo platform and the expected benefits and increased value from this third party development. 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. These factors include technology changes, new developments in the Company's product and service offerings, increased competition, changes in business strategy or development plans, future subscription growth, ability to attract and retain qualified personnel, compliance with existing and future governmental regulations, future litigation costs, and financial results, and expectations for future profitability, as well as the other potential factors described under "Factors That May Affect Future Operating Results" in the Company's public reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2004, as amended, and the Quarterly Reports on Form 10-Q for the quarters ended April 30, 2004, July 31, 2004, and October 31, 2004. We caution 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.

    NOTE:  TiVo and the TiVo Logo are registered trademarks of TiVo Inc. in the United States and other jurisdictions. TiVoToGo is a trademark of TiVo Inc.

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