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ONO Partners With TiVo to Develop Next Generation TV in Spain

Company Release - 6/30/2010 11:09 AM ET

Exclusive Strategic Relationship With Largest Cable Operator in Spain Will Run the Only Converged Broadband and Broadcast Platform in the Country; Spanish Homes That Have ONO Fibre Optics Installed Will Enjoy Total Control Over Their Television in a New Audiovisual Environment

MADRID, SPAIN and ALVISO, CA -- (MARKET WIRE) -- 06/30/10 -- ONO, the largest cable operator in Spain and a leading provider of broadband communication and entertainment services, and TiVo (NASDAQ: TIVO), the creator of and a leader in television services for personal video recorders, announced today that they have signed a strategic agreement to deploy 'next generation TV' in Spain. Through the combination of its modern fibre optic network and TiVo's best in class television user experience, ONO will be able to offer Spanish homes the most advanced video service on the market, in a seamless convergence between Internet and traditional television content.

This partnership establishes ONO as the exclusive distributor of TiVo's advanced television services in Spain. Similarly, TiVo will become the exclusive software provider for all next generation set top boxes deployed by ONO, including both PVR platforms and traditional "non-PVR" set top boxes. ONO and TiVo also expect to collaborate on solutions that make the TiVo experience available to consumers beyond ONO's cable footprint in conjunction with terrestrial and Internet delivered content -- though specifics of these plans were not disclosed.

Endorsed by its undeniable success in the US, the TiVo® service is a completely novel experience on the audiovisual panorama. According to Rosalía Portela, the CEO of ONO, "Working with a strategic partner of the stature of TiVo, a pioneer and innovator in the development of a converged recording system and in the implementation of a new model of television in other countries, allows us to make the leap to launching the next generation of TV in the market. Our fibre optic network combined with the capacity of TiVo will position us at the cutting edge of advanced next generation services for the Internet and Television."

The TiVo products deployed by ONO will showcase the superiority of ONO's fibre optic network to deliver the market's most comprehensive array of content including broadcast television, cable video-on-demand, and Internet delivered video. This will be made possible by TiVo's leading software platform which provides a universal search experience across the infinite world of content unleashed by this type of hybrid platform. The product will feature the world renowned TiVo branded user interface and will enable a variety of best-in-class features that TiVo users in the United States have come to know and love, for example, Season Pass recordings and WishList searches.

Tom Rogers, President and CEO of TiVo Inc., added, "We are extremely proud to be selected as ONO's strategic partner for its next generation video experience and believe that together we can offer the most compelling video product in the Spanish marketplace. Building on our recent announcement with Virgin Media in the UK, this deal demonstrates the growing proliferation of TiVo as the most compelling solution for television providers seeking to differentiate their service through a best-in-class user experience and a world of content that integrates broadcast and broadband television to go well beyond the confines of traditional pay television."

ONO and TiVo will also be working with other technology providers such as Nagravision and Cisco to implement and subsequently launch ONO's next generation TV platform.

ONO is a pioneering company in the commercialisation of communication and entertainment services with telephone, Internet and television. Close to a million homes have access to ONO's varied television programming schedule on a daily basis. Its customers enjoy television that offers outstanding quality contents, the most internationally renowned channels, and an exclusive Video Club with over 2,500 contents available.

About ONO
ONO is the leading broadband communication and entertainment provider in Spain. It offers integrated telephone, television and Internet services to its residential customers. In this segment, it has close to 3.9 million services contracted (RGUs) and over 7 million users. ONO also offers value-added telecommunications services to SMEs, large companies and institutions. ONO has the largest next generation fibre optic network available in Spain. ONO closed the year 2009 with total earnings of EUR 1.512 billion and operating profits of EUR M730 (EBITDA).

About TiVo
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). TiVo offers the TiVo service and TiVo DVRs directly to consumers online at www.tivo.com and through third-party retailers. TiVo 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. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. 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, the TiVo Logo, Season Pass and WishList are trademarks or registered trademarks of TiVo Inc.'s subsidiaries worldwide. © 2010 TiVo Inc. All rights reserved.