Rovi Announces Agreement With Miranda Technologies for MainConcept SDK

Rovi's High-Quality MainConcept Codecs Integrated Into Leading Broadcast Facility Systems for Professional Video Preparation, Management, and Playout


LAS VEGAS, April 17, 2012 (GLOBE NEWSWIRE) -- NAB 2012 -- Rovi Corporation (Nasdaq:ROVI) today announced Miranda Technologies, (TSX:MT), a worldwide provider of infrastructure systems for the television broadcast, cable, satellite and IPTV industry, has selected the MainConcept® SDK to support its content preparation, management, and playout solutions.

"The MainConcept SDK will contribute to our ability to help customers enhance their facilities while generating additional revenue, reducing costs and risks, and streamlining operations," said Stephane Blondin, director of product management, Workflow and Playout, for Miranda. "In addition to supporting the broad range of professional video formats we use, Rovi can quickly adapt to support the latest codecs and formats, making it a simpler, more efficient process for us to update our existing systems."

The MainConcept SDK will enhance several of Miranda's products including iTX, an IT-based automated playout platform for multi-format content delivery for linear and on-demand television; the Vertigo Suite broadcast news graphics automation system; and the Enterprise Suite, a streamlined content preparation and workflow automation solution that extends the iTX product.

"Miranda's customers are leading broadcast facilities that require the highest caliber of content production, playout and delivery, and the MainConcept SDK is a complementary, customizable solution to support Miranda's product suite and help them satisfy customers' needs," said Dirk Peters, vice president, sales, Rovi. "A diverse group of industries, ranging from broadcasting and film to security, healthcare, and beyond, have discovered the value that the MainConcept SDK brings to a variety of applications, products and services."

Rovi's MainConcept SDK powers many of the most popular broadcast, professional and consumer applications in the market today. Providing developers with a powerful suite of encoding, decoding, formatting, and streaming technologies, the MainConcept SDK provides a common API that enables developers to quickly add MainConcept codecs and streaming technologies into their existing digital media products and workflows. Offering high-quality encoding with support for the latest processors, operating systems, and major international codec standards, the MainConcept SDK is a one-stop shop for developers that want to save time and money and be fast to market.

For a complete overview of Rovi's MainConcept software development kits for adding audio and video encoding, decoding, transcoding and streaming to a range of applications visit: www.mainconcept.com.

Rovi is showcasing a number of its technologies and services that are driving and enabling the digital entertainment ecosystem at NAB 2012 including DivX Plus Streaming, MainConcept SDK 9.5, TotalCode Enterprise 2.0, and Rovi Entertainment Store. Rovi is exhibiting at NAB 2012, April 16 to 19, 2012 (South Upper Hall, Booth 6215) at the Las Vegas Convention Center.

About Miranda 

Miranda Technologies is a leading worldwide provider of hardware and software solutions for the television broadcast, cable, satellite and IPTV industry. Its solutions span the full breadth of television operations, including production, playout, and delivery. With a wealth of experience in delivering IT-based and traditional television systems, Miranda is uniquely positioned to help customers enhance their facilities, while generating additional revenue, reducing costs and streamlining operations. For over 22 years, Miranda's growth has been driven by continuous innovation, along with close customer partnerships focused on helping them achieve their business objectives. To deliver this support, Miranda employs approximately 700 people globally, in both developed and emerging markets. Miranda's head office is located in Montreal, and it has regional facilities in the United States, the United Kingdom, France, the United Arab Emirates, Japan, Malaysia, Singapore, Hong Kong and mainland China. A public company since December 2005, Miranda's shares (MT: TSX) are traded on the Toronto Stock Exchange. More information on the Company can be found at www.miranda.com

About Rovi Corporation

Rovi Corporation is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.

Rovi holds over 5,100 issued or pending patents worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, China, Luxembourg, and the United Kingdom. More information about Rovi can be found at http://www.rovicorp.com/.

The Rovi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6482

Forward Looking Statements

All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent report on Form 10-K for the period ended December 31, 2011 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.



            

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