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TiVo Names Nancy Kato as Company's Vice President, Human Resources

03-21-2005

March 21, 2005 - ALVISO, Calif. - TiVo Inc. (NASDAQ: TIVO) announced today that Nancy Kato has joined the company as Vice President of Human Resources. In this role, Ms. Kato will be responsible for developing and managing all processes and policies in regard to employee relations, recruiting and hiring, performance assessment and compensation as well as employee and organizational development. She will report to David Courtney, TiVo's Chief Financial Officer and EVP, Worldwide Operations & Administration.

Ms. Kato joins TiVo from Hewlett-Packard, where she served as Vice President of Global Compensation. At HP, Ms. Kato developed strategic compensation and planning for the company's 150,000 worldwide employee base. Prior to her role at HP, Ms. Kato was Senior Vice President of Human Resources for Ariba where she developed Human Resources initiatives for a wide range of issues from workforce management to recruiting and employee benefit programs. She has also held senior roles at Compaq and Tandem.

"Nancy will make a terrific addition to TiVo's executive team," said David Courtney, CFO and EVP of Worldwide Operations & Administration at TiVo. "Her broad depth and range of experience in all aspects of employee and organizational development will serve the company well as TiVo continues to revolutionize the way consumers watch and access home entertainment."

A Silicon Valley native, Ms. Kato earned her BS in Health Sciences and MA in Education and Counseling from San Jose State University. In addition, she has served as a guest lecturer at Stanford University and Santa Clara University. She is active in numerous charitable causes for area children and the elderly.

About TiVo Inc.
Founded in 1997, TiVo (NASDAQ: TIVO), a pioneer in home entertainment, created a brand new category of products with the development of the first digital video recorder (DVR). Today, the company continues to revolutionize the way consumers watch and access home entertainment by making TiVo the focal point of the digital living room, a center for sharing and experiencing television, music, photos and other content. TiVo connects consumers to the digital entertainment they want, where and when they want it. The company is based in Alviso, Calif.

This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, TiVo's business, services, business development, strategy, customers or other factors that may affect future earnings or financial results. 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 "Factors That May Affect Future Operating Results." More information on potential factors that could affect the Company's financial results is included from time to time 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, 2004, and the Quarterly Reports on Form 10Q for the period(s) ended April 30, 2004, July 31, 2004, October 31, 2004, filed with the Securities and Exchange Commission. We caution 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.

TiVo, Season Pass, WishList, TiVo Basic are registered trademarks of TiVo Inc. in the United States and other jurisdictions. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.



 

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