Universal Electronics Selected as Supplier to Support TiVo’s Continued Growth Throughout the U.S. and Canada
May 05 2015 - 8:00AM
Business Wire
Operators now can procure the TiVo® “peanut”
remote directly from Universal Electronics
Universal Electronics Inc. (UEI) (NASDAQ: UEIC) announced
today that it has signed an agreement with TiVo Inc. (NASDAQ:
TIVO) to expand a previous agreement covering European markets
to now include the supply of the iconic TiVo “peanut” remote to
designated TiVo service provider customers in the U.S. and
Canada.
The agreement authorizes Universal Electronics to supply remote
controls for designated TiVo-branded services throughout the U.S.
and Canadian markets, which currently include service providers
such as Mediacom, RCN, Suddenlink and others. This latest remote
platform includes ZigBee® RF4CE, which removes line-of-sight
requirements and thus is ideal for in-cabinet setups. TiVo is well
known for its focus on the user experience, through its continuing
development and enhancement of intuitive search and browse
capabilities in its solutions, while Universal Electronics has
successfully built a reputation for quality and exceptional
customer service in remote control design, manufacturing and
fulfillment.
“Universal Electronics has an excellent reputation in the
Americas for delivering a high-quality product with efficiency and
providing excellent customer service," said Thomas Elam, Vice
President and General Manager of the Service Provider Business at
TiVo. "This product development initiative with Universal
Electronics supports our commitment to delivering the best TiVo
experience and we look forward to leveraging this partnership.”
Paul Arling, Chairman and CEO of Universal Electronics, said:
“Everyone recognizes the TiVo ‘peanut’ remote as a brand known for
its quality and user experience leadership. UEI is proud to be able
to supply TiVo remotes to TiVo’s U.S. and Canadian service
providers.”
The first TiVo-based remote control products manufactured by
Universal Electronics are anticipated to begin shipping to U.S. and
Canadian customers in July 2015.
About TiVo
TiVo Inc. (NASDAQ: TIVO) is a global leader in
next-generation television services. With global headquarters in
San Jose, CA and offices in New York, NY, Boston, MA and Durham,
NC, TiVo’s innovative cloud-based Software-as-a-Service solutions
enable viewers to consume content across all screens in and
out-of-the home. The TiVo solution provides an all-in-one approach
for navigating the ‘content chaos’ by seamlessly combining live,
recorded, on-demand, and over-the-top television into one intuitive
user interface. The TiVo experience provides TV viewers with simple
universal search, discovery, viewing and recording from an array of
devices, creating the ultimate viewing experience. TiVo products
and services are available at retail or through a growing number of
pay-TV operators world-wide. TiVo’s multiple subsidiary companies
provide the broader television industry and consumer electronics
manufacturers with cloud-based video discovery and recommendation
options, interactive advertising solutions, and audience research
and measurement services. More information
at: www.TiVo.com.
TiVo, the TiVo logo, and the TiVo silhouette logo are trademarks
or registered trademarks of TiVo Inc. or its subsidiaries
worldwide. Universal Electronics and the ‘One For All’ brand are
registered trademarks of Universal Electronics. ZigBee is a
registered trademark of ZigBee Alliance, Inc. All other company,
product and brand names, logos and trademarks appearing herein are
the property of their respective owners.
About Universal
Electronics
Founded in 1986, Universal Electronics Inc. (UEI) is the global
leader in wireless control technology for the connected home. UEI
designs, develops, and delivers innovative solutions that enable
consumers to control entertainment devices, digital media, and home
systems. The company’s broad portfolio of patented technologies and
database of infrared control software have been adopted by many
Fortune 500 companies in the consumer electronics, subscription
broadcast, and computing industries. UEI sells and licenses
wireless control products through distributors and retailers under
the One For All® brand name. For additional information, visit our
website at www.uei.com.
Safe Harbor Statement
This press release contains forward-looking statements that are
made pursuant to the Safe-Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Words and expressions
reflecting something other than historical fact are intended to
identify forward-looking statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development, delivery and market acceptance of TiVo
products and technologies identified in this release; the continued
penetration and growth of the products and consumer technologies
identified in this release; and other factors described in the
Company’s filings with the Securities and Exchange Commission. The
actual results that the Company achieves may differ materially from
any forward looking statement due to such risks and uncertainties.
The Company undertakes no obligations to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150505005272/en/
UEIBenny Canady, UEI Corporate Marketing and Public Relations,
Santa Ana, California(714) 918-9500bcanady@uei.comorTiVoAngel
Badagliacco, Senior Manager of Corporate Communications, TiVo Inc.,
San Jose, CA(408) 519-9140abadagliacco@tivo.com,
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