TiVo

Market Leader Sees Aggressive Growth in On-Device Portals to Media Companies

BELLEVUE, Wash. — July 30, 2007 — Action Engine® Corporation, The On-Device Portal Company™, today announced it has raised $20 million of equity in its latest round of venture funding. This round brings the total funding raised to date to $65 million and was led by current investor, Baker Capital, with participation from other current investors: Northwest Venture Associates and The Spangler Group.

The funding will be used to accelerate investment in the company’s sales, marketing and customer implementation functions. Action Engine pioneered the technology for delivering mobile on-device portal (ODP) solutions to media companies and mobile operators in 2000. ODPs are downloadable clients that reside on the wireless phone, which are developed with an underlying mission to make content, like music, city guides and video, easier to discover and use.

Verizon Wireless and TiVo Allow Subscribers to Schedule TV Recordings through Verizon Wireless Phones

TiVo, the creator of and a leader in television services for digital video recorders (DVRs), and Verizon Wireless have announced the availability of TiVo® Mobile scheduling, a downloadable application available through Verizon Wireless. TiVo Mobile scheduling allows subscribers to purchase the mobile service through select Verizon Wireless handsets and schedule recordings on their Series2™ or Series3™ TiVo boxes.

TiVo and Verizon Wireless bring consumers the convenience of scheduling television recordings while away from the living room. All that is needed is a select Verizon Wireless Get It Now®-enabled handset to schedule recordings on your TiVo box.

"TiVo continues to transform and revolutionize the way people control and watch television," said Jim Denney, vice president of product marketing at TiVo. "TiVo Mobile scheduling gives Verizon Wireless customers unprecedented control of their television experience and provides that control wherever they are."