Operators now can procure the TiVo® “peanut” remote directly from
Universal Electronics
SANTA ANA, Calif.--(BUSINESS WIRE)--May 5, 2015--
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/
Source: Universal Electronics Inc.
UEI
Benny Canady, UEI Corporate Marketing and Public Relations,
Santa Ana, California
(714) 918-9500
bcanady@uei.com
or
TiVo
Angel
Badagliacco, Senior Manager of Corporate Communications, TiVo Inc., San
Jose, CA
(408) 519-9140
abadagliacco@tivo.com,
