TiVo and Pace Announce First Pace Product With TiVo Software Integration

BOSTON, MA, May 21 (Marketwire) --
TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced
television services, including digital video recorders (DVRs), for
consumers, content distributors and consumer electronics manufacturers,
and Pace (LSE: PIC), a leading developer of technologies, products and
services for global broadband and broadcast markets, today announced
details of the first product, the Pace XG1, resulting from a global
partnership TiVo and Pace announced in February 2012 to develop flexible,
advanced television solutions for operators. This new Multi-tuner Video
Gateway from Pace will provide cable operators in the Americas an
advanced television solution for their customers by bringing to market
the full award-winning TiVo experience on powerful, new platforms
designed to be easily integrated with today's cable networks.

The Pace XG1 includes 6 video tuners, an integrated DOCSIS 3.0 modem, and
at least 500GB of on board hard drive storage. It will utilize TiVo's
whole-home capabilities, such as multi-room streaming and support for
both traditional set-top boxes and IP devices as clients over MoCA, and
support for TiVo's mobile and tablet applications.

David Sandford, Vice President and General Manager of TiVo's Service
Provider Business, said, "This partnership will make the TiVo experience
easily accessible to more cable operators than ever before. It will
provide operators a best-in-class advanced television solution that they
can quickly and cost-effectively deploy and will serve as the gateway to
a rapidly expanding choice of content across multiple screens through
TiVo's whole-home solutions."

Tim O'Loughlin, President of Pace Americas, stated, "There is no denying
that the current climate for operators is immensely competitive, and we
have been hearing more and more frequently from this community that TiVo
is a user experience that they want to offer. We are excited this
partnership has yielded a product that will harness the very best of
traditional television and broadband delivered content into a seamless,
enjoyable package across multiple Pace platforms and customer owned
devices."

As previously announced, this initial offering will first be made
available by Pace to cable operators in the Americas later this year.
TiVo and Pace also expect to follow the XG1 with additional solutions for
domestic and international operators soon after.

Additional specifications of the Pace XG1 include:

-- 3000+ DMIPS host processor
-- Support for 6 QAM channels
-- Expandable memory up to 2 GB of DRAM, 512MB of Flash and 4 GB of
unprotected non-volatile memory
-- MoCA 2.0
-- Interfaces include HDMI 1.4, USB 2.0
-- RCA connectors for CVBS and L/R audio along with a CH 3/4 RF output
with BTSC stereo audio, and an optical S/PDIF interface
-- Options include component video and a 1394 port

U.S. operators currently deploying TiVo offerings to their customers
include Charter, DIRECTV, RCN, Suddenlink and Grande Communications, and
European operators include Virgin Media, the largest cable operator in
the UK, and ONO, the largest cable operator in Spain.

TiVo and Pace unveiled details about the Pace XG1 at the 2012 NCTA Cable
Show in Boston. For more information visit the TiVo booth #1859 and Pace
booth #1653 located in the main exhibit hall.

About TiVo Inc.
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 and the TiVo Logo are trademarks or registered trademarks of TiVo
Inc. or its subsidiaries worldwide. Copyright 2012 TiVo Inc. All rights
reserved. All other trademarks are the property of their respective
owners.

About Pace
Pace (LSE: PIC) creates technologies, software, hardware and
services for the broadcast and broadband industries. Pace solutions
empower cable, telco and satellite operators to simply and
cost-effectively innovate at the speed they want, in the way they want
for their subscribers. Pace has built up its experience and expertise
over 30 years and this is recognized by a customer base of over 160
operators around the globe.

Headquartered in the UK, Pace operates in markets across the world, and
employs around 2300 people in locations that also include the USA,
France, India and China. For more information on Pace, please visit
www.pace.com.

This release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements
relate to, among other things, TiVo and Pace's intention to provide the
Pace XG1 to cable operators in the Americas. 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. Factors that may cause
actual results to differ materially include delays in development,
competitive service offerings and lack of market acceptance, as well as
the other potential factors described under "Risk Factors" 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, 2012. The Company cautions 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.

Contact:
Erik Milster
For TiVo Inc.
(212) 446-1866
emilster@sloanepr.com

Ashley Glover
For Pace Americas Inc
(561) 809-8136
ashley.glover@pace.com

Copyright 2012, Marketwire, All rights reserved.

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