Press Releases
 
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Macrovision Corporation (MVSN:NASDAQ):
11/04/2002 -

"Acquires Midbar Tech Ltd."

10/28/2002 -

"Reports Third Quarter Net Revenues and Earnings"

10/01/2002 - "Announces Verance's Dismissal of Litigation"
07/29/2002 - "Reports Second Quarter Net Revenues and Earnings"
07/26/2002 -

"Schedules Second Quarter Earnings Release and Conference Call"

05/28/2002 -

"Announces Stock Repurchase Program"

04/29/2002 -

"Reports Record First Quarter Net Revenues and Earnings"

04/26/2002 - "Q1 2002 Earnings Release and Conference Call Scheduled for April 29, 2002"
04/15/2002 - "Responds to Verance Counterclaims"
02/25/2002 - "Reports Record Net Revenues for Fourth Quarter and Fiscal Year 2001"
02/22/2002 - "Q4 2001 Earnings Release and Conference Call Scheduled"

Acquires Midbar Tech Ltd.

SANTA CLARA, Calif., November 4, 2002--Macrovision Corporation (Nasdaq:MVSN), the world's leading developer and vendor of digital rights management ("DRM") and copy protection technologies, announced today that it has agreed to acquire the assets and operations of Midbar Tech (1998) Ltd. in a cash transaction. Midbar, a privately owned developer of copy control technologies for the music industry, is based in Tel Aviv, Israel. The transaction will enable Macrovision to provide a complete family of products and services that preserve consumers' music listening experience while providing the controls to enable artists and music labels to be fairly compensated for their creative works.

Macrovision also announced that it has signed a definitive agreement with TTR Technologies, Inc. (Nasdaq:TTRE) to acquire TTR's music copy protection and DRM assets and to terminate an Alliance Agreement between the two companies. The closing of each transaction is subject to regulatory and shareholder approvals and the fulfillment of certain other closing conditions by each party.

"Midbar is an ideal strategic and cultural fit with Macrovision," said Macrovision's president and CEO Bill Krepick. "Midbar's core technologies complement our existing offerings, and this combination will allow us to develop a 'best-of-breed' solution for music consumers, labels and artists. Moreover, both of our firms have emphasized research and development activities to generate breakthrough intellectual property ('IP') management solutions that enable music labels to offer consumers more robust and varied means of enjoying their music. The combined technical expertise and operational resources of both firms -- in addition to the additional technology and intellectual property acquired from TTR -- will allow Macrovision to shorten the development time required to bring a complete solution to the music space that serves the needs of all constituents."

"It's no exaggeration to say that the global music industry is at a digital crossroads," said Brian McPhail, vice president and general manager of Macrovision's Consumer Software Division. "It's imperative that standardized IP management technologies emerge for the music industry to guard the digital rights of content creators while allowing consumers the freedom to enjoy music with ease and convenience. These transactions will enable Macrovision to deliver a widely accepted, highly flexible, and deployable suite of IP management solutions that meet the needs of all the constituents of the music industry--from artists to consumers."

The combined Macrovision and Midbar development staffs will, over the next several months, develop a best-of-breed solution by integrating Macrovision's SafeAudio(TM) and SafeAuthenticate(TM) solutions with Midbar's CDS 100(TM) and CDS 200(TM) products. As part of that integrated solution suite, the combined development team will complete the advanced R&D projects that they are currently working on to facilitate controlled CD-burning technology and the controlled export of music files to consumer electronic devices. Midbar's CDS 100 and CDS 200 copy protection technology has, to date, been deployed on more than 45 million audio CDs, with particularly widespread usage in the Asian and European markets. Midbar's acquired assets also include three issued U.S. patents, and five U.S. patents pending.

The TTR assets to be acquired include three issued and eight pending U.S. patents, and a number of international patent applications, in the areas of optical media copy protection. The termination of the Macrovision-TTR Alliance Agreement will terminate copy protection revenue-sharing arrangement between the two companies.

Macrovision will hold an investor conference call on November 5, 2002 at 2 p.m. PT (5 p.m. ET). Investors and analysts interested in participating in the conference are welcome to call 800/240-6709 (or international +1 303-262-2190) and reference the Macrovision call.

Investors and analysts interested in listening to the conference replay are welcome to call 800/405-2236 (or international +1 303/590-3000) and enter passcode 507059#. Access to the replay is available from 11/5/2002 4:00 p.m. PST through 11/6/2002 11:59 p.m. PST. The conference call script will be posted on the Company's website approximately 48 hours following the call and will be posted for 30 days.

About Macrovision

Macrovision develops and markets digital rights management ("DRM"), copy protection, and electronic license management technologies for the consumer software, enterprise software, home video and music industries. Macrovision holds a total of 133 issued or pending United States patents and 832 issued or pending international patents, and continues to increase its patent portfolio with new and innovative technologies in related fields. Macrovision has its corporate headquarters in Santa Clara, Calif., with European headquarters in London and Asia-Pacific headquarters in Tokyo.

This press release contains "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including the quotations attributed to Messrs. Krepick and McPhail regarding the expected benefits and synergies of the transactions. A number of factors could cause Macrovision's actual results to differ from anticipated results expressed in such forward-looking statements, including: the receipt and timing of regulatory and shareholder approvals for the transactions; the possibility that the transactions cannot be completed; the ability of Macrovision to integrate operations and personnel effectively and efficiently; the contributions of the companies' intellectual property to Macrovision's business strategy; the effect of the transactions on the customers and other business partners of the companies; and the timely development and market acceptance of new and updated products. Other factors are addressed in Macrovision's filings with the Securities and Exchange Commission (available at www.sec.gov). Macrovision assumes no obligation to update any forward-looking statements.

Macrovision, SafeAudio, and SafeAuthenticate are registered trademarks or trademarks of Macrovision Corporation. Midbar, CDS100 and CDS200 are registered trademarks or trademarks of Midbar Technology, Ltd. and will revert to Macrovision Corporation upon the close of the Midbar acquisition transaction.

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Reports Third Quarter Net Revenues and Earnings

SANTA CLARA, Calif., October 28, 2002--Macrovision Corporation (Nasdaq:MVSN) announced today that third quarter 2002 net revenues were $23.5 million, compared with $23.0 million in the third quarter of 2001, an increase of 2%. Pro forma earnings (before amortization of intangibles from acquisitions, non-cash deferred compensation expense and impairment losses on investments) were $7.7 million, compared with $10.6 million recorded in last year's third quarter, a decrease of 27%. Pro forma diluted earnings per share for the quarter were $0.15, or 25% below the prior quarter a year ago.

Net income for the third quarter of 2002 was $1.6 million, compared with $6.4 million in the third quarter of 2001. Diluted earnings per share for the quarter were $0.03.

Cash and cash equivalents, short-term investments and long-term marketable securities were $216.1 million as of September 30, 2002.

The Company has now repurchased 3 million shares of stock at an average price of $12.79.

"Given continuing difficult economic conditions, we are pleased with our third quarter results," said Ian Halifax, CFO at Macrovision. "Our revenues benefited from continued growth in our DVD business, and modest growth in our Enterprise Software Division. The third quarter was important to us for a number of reasons, notably the announcement of our agreement with Intuit to license our SafeCast(R) digital rights management technology, Nokia's adoption of FLEXlm(R) for its future releases of network management and VPN products and the announcement of our strategic partnership with Websense to prevent unauthorized digital content in the workplace. We remain comfortable with analyst estimates for the fourth quarter, with revenues of $26M-$28M, and pro forma EPS of $0.18 - $0.19."

Immediately following the Q3 earnings release, Macrovision will hold an investor conference call on October 28, from 2 p.m. to 3 p.m. PST (5 p.m. to 6 p.m. EST). Investors and analysts interested in participating in the conference are welcome to call 800-257-7063 (or international +1 303-262-0068) and reference the Macrovision call.

The Q3 earnings conference call can also be accessed via live webcast at www.macrovision.com or www.companyboardroom.com (or www.streetevents.com for subscribers) on October 28 at 2 p.m. PST (5 p.m. EST). Approximately 2 hours after the live webcast ends, the on-demand webcast of Macrovision's Q3 earnings conference call can be accessed until November 4, 2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-405-2236 (or international +1 303-590-3010) and enter passcode 503585#. Access to the replay is available through October 29, 2002. The conference call script will be posted on the Company's website approximately 48 hours following the call and will be posted for 30 days.

About Macrovision

Macrovision develops and markets copy protection, digital rights management ("DRM") and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Santa Clara, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

-- The Video Technology Division provides technologies that are used by motion picture studios, cable and satellite TV operators, consumer electronics companies, and personal computer manufacturers to prevent the unauthorized duplication, reception or use of copyrighted video materials. Over 900 million DVDs, over 3 billion videocassettes, and over 80 million digital set-top boxes have utilized Macrovision's video copy protection technologies.
-- The Consumer Software Division provides an integrated suite of tools that enable developers and publishers to protect, distribute, and promote their products securely and effectively, with built-in support for a wide range of robust business models.
-- The Enterprise Software Division provides FLEXlm electronic license management ("ELM") and GTlicensing(TM) electronic license distribution ("ELD") solutions to independent software vendors ("ISVs"), as well as SAMsuite(TM) software asset management tools for business applications. These products are in use by over 2,500 ISV customers and over 500 large enterprise end-users throughout the world. For more information on Enterprise Software products, go to www.globetrotter.com.

Macrovision, Globetrotter, FLEXlm, GTlicensing, SAMsuite, and SafeCast are registered trademarks or trademarks of Macrovision Corporation.

All statements contained herein, including the quotations attributed to Mr. Halifax, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, including statements that use the words "will," "believes," "anticipates," "estimates," "expects," "intends" or "looking to the future" 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. These forward-looking statements include the business strategies and product plans of the Company and the features and benefits of the products of the Company.

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. Among the important factors that could cause results to differ materially are the following: the failure of markets for home video to develop or expand, and the failure of the Company's products to achieve or sustain market acceptance or to meet, or continue to meet, the changing demands of content or software providers. Other factors include those outlined in the Company's Annual Report on Form 10-K for 2001, its Quarterly Reports on Form 10-Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company operates in a continually changing business environment and new factors emerge from time to time. The Company cannot predict such factors, nor can it assess the impact, if any, of such factors on the Company or its results. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Announces Verance's Dismissal of Litigation

SANTA CLARA, Calif., October 1, 2002--Macrovision Corporation (Nasdaq:MVSN), a world leader in content protection and digital rights management (DRM) technologies, announced today the dismissal of all Verance Corporation's claims against Macrovision as a 3rd party defendant alleging patent infringement and antitrust violations related to Macrovision's activities as a member of the Video Watermarking (VWM) Companies.

"We believed all along this case would be successfully resolved. In addition, we find it very positive that Verance has concurrently reached a settlement and licensing agreement with Digimarc so they may focus on furthering the deployment of their audio watermarking products and related services," said Bill Krepick, Macrovision president and CEO. "With the dismissal of this litigation, Macrovision can focus its efforts more directly on providing the best-of-breed digital video watermarking solutions to the entertainment industry to prevent unauthorized use of copyrighted video content, and to accelerate the adoption of digital watermarking technology in commercial applications."

About Macrovision

Macrovision develops and markets copy protection, digital rights management and electronic license management technologies for the home video, consumer software, enterprise software and music markets. Headquartered in Santa Clara, Calif., with international headquarters in London and Tokyo.

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Macrovision's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Macrovision's filings with the Securities and Exchange Commission (available at http://www.sec.gov). Macrovision assumes no obligation to update any forward-looking statements.

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Reports Second Quarter Net Revenues and Earnings

SANTA CLARA, Calif., July 29, 2002--Macrovision Corporation (Nasdaq:MVSN) announced today that second quarter 2002 net revenues were $24.9 million, compared with $25.8 million in the second quarter of 2001, a decrease of 3%. Pro forma earnings (before amortization of intangibles from acquisitions, non-cash deferred compensation expense and impairment losses on investments) were $9.0 million, compared with $10.4 million recorded in last year's second quarter, a decrease of 14%. Pro forma diluted earnings per share for the quarter were $0.18, or 10% below the prior quarter a year ago.

Net income (including amortization of intangibles from acquisitions, non-cash deferred compensation expense and impairment losses on investments) for the second quarter of 2002 was $6.6 million, compared with $5.1 million in the second quarter of 2001, an increase of 30%. Diluted earnings per share for the quarter were $0.13, or 30% higher than the $0.10 reported in the prior quarter a year ago.

Cash and cash equivalents, short-term investments and long-term marketable securities were $240.9 million as of June 30, 2002. Operating cash flow was $23.2 million for the quarter.

During the quarter the Company purchased 240,000 shares of stock at an average price of approximately $14. There was no material impact on second quarter results. The Company plans to continue with its stock buy-back program in the coming quarter.

"Given very difficult economic conditions, we are pleased with our second quarter results," said Ian Halifax, CFO at Macrovision. "Our revenues benefited from continued strength in our DVD business, and sequential growth in our Globetrotter Software Division. Our balance sheet improved due to decreases in receivables and increased deferred revenue. However, in spite of our solid first half performance with strong operating margins and cash flows, we are concerned about continued uncertainties in the economy, and we prefer to remain cautious in our outlook. For the full year 2002, we estimate relatively flat revenues of $95M-$98M, with pro forma EPS of $0.70-$0.73; for the third quarter of 2002, we estimate revenues of $22M-$23M, with pro forma EPS of $0.13-$0.14."

Bill Krepick, president and CEO at Macrovision added, "The second quarter was important to us for a number of reasons, notably the announcement of a video copy protection agreement with Warner Home Video, the signing of our largest SafeCast(R) contract with a consumer software customer, and the progress we made with our SafeAudio(TM) and SafeAuthenticate(TM) products with major music labels. Although we are giving conservative guidance for 2002, we are forging ahead and investing in several areas of our business where we see growth opportunities in 2003 and 2004."

Immediately following the Q2 earnings release, Macrovision will hold an investor conference call on July 29, from 2:00 PM to 3:00 PM PDT (5:00PM to 6:00PM EDT). Investors and analysts interested in participating in the conference are welcome to call 303-262-2193 and enter pass code 485422#.

The Q2 earnings conference call can also be accessed via live webcast at www.macrovision.com or www.companyboardroom.com or www.streetevents.com (for subscribers) on July 29 at 2:00 PM PDT (5:00 PM EDT). Approximately 2 hours after the live webcast ends, the on-demand webcast of Macrovision's Q2 earnings conference call can be accessed until August 6, 2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-405-2236 (or international 303-590-3000) and enter pass code 485422#. Access to the postview conference is available from 4:00 PM PDT on 7/29/02 to 4:00 PM PDT on 7/30/02. The conference call script will also be posted on the Company's web site for 30 days.

About Macrovision

Macrovision develops and markets copy protection, rights management and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Santa Clara, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

-- The Video Technology Division provides technologies that are used by motion picture studios, cable and satellite TV operators, consumer electronics companies, and personal computer manufacturers to prevent the unauthorized duplication, reception or use of copyrighted video materials. Over 900 million DVDs, over 3 billion videocassettes, and over 85 million digital set top boxes have utilized Macrovision's video copy protection technologies.

-- The Consumer Software Division provides an integrated suite of tools that enable developers and publishers to protect, distribute, and promote their products securely and effectively, with built-in support for a wide range of robust business models.

-- The Globetrotter Software Division's electronic license management (ELM) solutions for business software applications, led by FLEXlm(R), and GTlicensing(TM) electronic license distribution (ELD) solutions, have been licensed to over 2,500 ISVs (independent software vendors) throughout the world. The Software Asset Management tools (SAMsolution(TM)) provided for Corporate users are also widely implemented by over 500 large enterprise end-users worldwide, and provide a range of reporting facilities to both ISVs and the larger organizations to track actual software application usage.

Macrovision, Globetrotter, FLEXlm, GTlicensing, SAMsolutions, SafeAudio, SafeAuthenticate, SafeDisc, and SafeCast are registered trademarks or trademarks of Macrovision Corporation.

All statements contained herein, including the quotations attributed to Mr. Halifax and Mr. Krepick, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, including statements that use the words "will," "believes," "anticipates," "estimates," "expects," "intends" or "looking to the future" 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. These forward-looking statements include the business strategies and product plans of the Company and the features and benefits of the products of the Company.

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. Among the important factors that could cause results to differ materially are the following: the failure of markets for home video to develop or expand, and the failure of the Company's products to achieve or sustain market acceptance or to meet, or continue to meet, the changing demands of content or software providers. Other factors include those outlined in the Company's Annual Report on Form 10-K for 2001, its Quarterly Reports on Form 10-Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company operates in a continually changing business environment and new factors emerge from time to time. The Company cannot predict such factors, nor can it assess the impact, if any, of such factors on the Company or its results. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Schedules Second Quarter Earnings Release and Conference Call

SANTA CLARA, Calif., July 26, 2002--Macrovision Corporation (Nasdaq:MVSN), the world's leading supplier of digital rights management and copy protection technologies, announced today that the Company's 2nd Quarter Earnings Release for 2002 will take place on July 29, 2002 at 1:30 p.m. PDT. The press release will be followed by a conference call from 2:00 p.m. - 3:00 p.m. PDT.

Investors and analysts interested in participating in the conference are welcome to call 303-262-2193 and enter passcode 485422#.

The conference call can also be accessed via live Webcast at www.macrovision.com or www.companyboardroom.com (or www.streetevents.com for subscribers) on 7/29/2002 at 2:00 p.m. PDT. Approximately 1-2 hours after the live Webcast ends, the on-demand Webcast of Macrovision's guidance conference call can be accessed until 8/5/2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-405-2236 (or international 303-590-3000) and enter passcode 485422#. Access to the postview conference is available from 4:00 p.m. PDT on 7/29/2002 to 4:00 p.m. PDT on 7/30/2002. The conference call script will be posted on the Company's website approximately 48 hours following the call and will be posted for 30 days.

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Announces Stock Repurchase Program

SANTA CLARA, Calif., May 28, 2002--Macrovision Corporation (Nasdaq:MVSN), a world leader in digital rights management technologies, announced today that its board of directors has authorized a repurchase program for up to 5 million shares of its common stock. The Company has approximately 51 million shares outstanding.

Purchases under Macrovision's stock repurchase program may be made, from time-to-time, in the open market at prevailing market prices, through block trades or otherwise, or in negotiated transactions off the market, at the discretion of Company management. Depending on market conditions and other factors, these purchases may be commenced or suspended at any time or from time-to-time without prior notice.

John Ryan, Chairman of Macrovision, said, "This stock repurchase program demonstrates our confidence in the Company's future and our belief that the stock is undervalued. In addition, it helps to mitigate shareholder dilution from employee stock option grants. Our current strong cash position and positive cash flow allows us to implement this repurchase program without adversely impacting our investment plans."

About Macrovision

Macrovision (www.macrovision.com) develops and markets copy protection, rights management and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Santa Clara, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Macrovision's actual activities and results to differ from anticipated activities and results expressed in such forward-looking statements. Factors such as the trading price of Macrovision stock and Macrovision's cash needs for operations and investment activities may affect the timing and amount of Macrovision's stock repurchases. Other factors are addressed in Macrovision's filings with the Securities and Exchange Commission (available at www.sec.gov) Macrovision assumes no obligation to update any forward-looking statements.

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Reports Record First Quarter Net Revenues and Earnings

SANTA CLARA, Calif., April 29, 2002--Macrovision Corporation (Nasdaq:MVSN) announced today that first quarter 2002 net revenues were $23.7 million, compared with $23.0 million in the first quarter of 2001, an increase of 3%. Pro forma earnings (before amortization of intangibles from acquisitions, non-cash deferred compensation expense and impairment losses on investments) were $9.2 million, compared with $9.1 million recorded in last year's first quarter. Pro forma diluted earnings per share for the quarter were $0.18, the same as in the prior quarter a year ago.

Net income (including amortization of intangibles from acquisitions, non-cash deferred compensation expense and impairment losses on investments) for the first quarter of 2002 was $3.0 million. Diluted earnings per share for the quarter were $0.06.

Cash and cash equivalents, short-term investments and long-term marketable securities were $240.4 million as of March 31, 2002.

"We are pleased with our first quarter results," said Ian Halifax, CFO at Macrovision. "Our revenues benefited from continued strength in our DVD business, and double-digit growth in our Globetrotter Software Division. The first quarter was important to us for a number of reasons, notably the announcement of multi-year video copy protection agreements with Dreamworks SKG and Twentieth Century Fox Home Entertainment, and the launch of Version 3 of our SafeAudio copy protection and rights management solution. Given current uncertainties in the economy, we prefer to remain cautious in our outlook. We remain comfortable with the 2002 earnings guidance we have provided in prior conference calls. For the full year 2002, we continue to anticipate revenues of $103M-$108M, with pro forma EPS of $0.84-$0.88; revenues, pro forma earnings and pro forma EPS for the second quarter of 2002 are estimated to be essentially in line with first quarter levels."

Immediately following the Q1 earnings release, Macrovision will hold an investor conference call on April 29, from 2:00 p.m. to 3:00 p.m. PDT (5:00 p.m. to 6:00 p.m. EDT). Investors and analysts interested in participating in the conference are welcome to call 212-346-0492 and enter reservation number 20526989.

The Q1 earnings conference call can also be accessed via live webcast at www.macrovision.com or www.companyboardroom.com or www.streetevents.com (for subscribers) on April 29 at 2:00 p.m. PDT (5:00 p.m. EDT). Approximately 2 hours after the live webcast ends, the on-demand webcast of Macrovision's Q1 earnings conference call can be accessed until May 6, 2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-633-8284 (or international 858-812-6440) and enter reservation number 20526989. Access to the postview conference is available from 4:00 p.m. PDT on 4/29/02 to 4:00 p.m. PDT on 4/30/02. The conference call script will also be posted on the Company's Web site for 30 days.

About Macrovision

Macrovision develops and markets copy protection, rights management and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Santa Clara, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

-- The Video Technology Division provides technologies that are used by motion picture studios, cable and satellite TV operators, consumer electronics companies, and personal computer manufacturers to prevent the unauthorized duplication, reception or use of copyrighted video materials. Over 900 million DVDs, over 3 billion videocassettes, and over 75 million digital set-top boxes have utilized Macrovision's video copy protection technologies.

-- The Consumer Software Division provides an integrated suite of tools that enable developers and publishers to protect, distribute, and promote their products securely and effectively, with built-in support for a wide range of robust business models.

-- The Globetrotter Software Division provides FLEXlm electronic license management (ELM) and GTlicensing electronic license distribution (ELD) solutions to independent software vendors (ISVs), as well as SAMsuite software asset management tools for business applications. These products are in use by over 2,500 ISV customers and over 500 large enterprise end-users throughout the world.

Macrovision, Globetrotter, FLEXlm, GTlicensing and SafeAudio are registered trademarks or trademarks of Macrovision Corporation.

All statements contained herein, including the quotations attributed to Mr. Halifax, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, including statements that use the words "will," "believes," "anticipates," "estimates," "expects," "intends" or "looking to the future" 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. These forward-looking statements include the business strategies and product plans of the Company and the features and benefits of the products of the Company.

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. Among the important factors that could cause results to differ materially are the following: the failure of markets for home video to develop or expand, and the failure of the Company's products to achieve or sustain market acceptance or to meet, or continue to meet, the changing demands of content or software providers. Other factors include those outlined in the Company's Annual Report on Form 10-K for 2001, its Quarterly Reports on Form 10-Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company operates in a continually changing business environment and new factors emerge from time to time. The Company cannot predict such factors, nor can it assess the impact, if any, of such factors on the Company or its results. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Q1 2002 Earnings Release and Conference Call Scheduled for April 29, 2002

SANTA CLARA, Calif., April 26, 2002--Macrovision Corporation (Nasdaq:MVSN), the world's leading supplier of digital rights management and copy protection technologies, announced today that the Company's 1st Quarter Earnings Release for 2002 will take place on April 29, 2002 at 1:30 p.m. PDT. The press release will be followed by a conference call from 2:00 p.m. - 3:00 p.m. PDT.

Investors and analysts interested in participating in the conference are welcome to call 212-346-0492 and enter reservation number 20526989.

The conference call can also be accessed via live Webcast at www.macrovision.com or www.companyboardroom.com (or www.streetevents.com for subscribers) on 4/29/2002 at 2:00 p.m. PDT. Approximately 1-2 hours after the live Webcast ends, the on-demand Webcast of Macrovision's guidance conference call can be accessed until 5/6/2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-633-8284 (or international 858-812-6440) and enter reservation number 20526989. Access to the postview conference is available from 4:00 p.m. PDT on 4/29/2002 to 4:00 p.m. PDT on 4/30/2002. The conference call script will be posted on the Company's website approximately 48 hours following the call and will be posted for 30 days.

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Responds to Verance Counterclaims

SANTA CLARA, Calif., April 15, 2002-- Macrovision Corporation (Nasdaq:MVSN), a world leader in digital rights management technologies, has learned that Verance Corporation has amended its complaint previously filed against Digimarc Corporation to include Macrovision Corporation as a third-party defendant. The claims against Macrovision include allegations of patent infringement and antitrust violations. The case is pending in the District of Oregon, where Digimarc is located.

Macrovision believes that the Verance claims have no merit and Macrovision will vigorously defend this lawsuit. Macrovision also believes that the Verance claims appear designed to disrupt the DVD-CCA Digital Watermarking Solution bidding process. Verance admits in its lawsuit that the "bids for the DVD-CCA standard for digital watermarking technology for content copy protection for audiovisual content were due" on November 2, 2001 and that Verance "was unable to submit a bid." Verance's contention in its lawsuit that Macrovision and Digimarc were required to assist Verance in submitting a bid to the DVD-CCA is in Macrovision's view, legally untenable. Similarly untenable is Verance's allegation that Verance's audio watermarking technology could "support the audiovisual copy protection sought by the DVD-CCA without the need to adopt a video watermark technology." The policy argument that audio copy protection is sufficient to protect video content has no place in a court of law and Macrovision believes would have been squarely rejected by the DVD-CCA.

About Macrovision

Macrovision (www.macrovision.com) develops and markets copy protection, rights management and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Santa Clara, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Macrovision's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Macrovision's filings with the Securities and Exchange Commission (available at http://www.sec.gov) Macrovision assumes no obligation to update any forward-looking statements.

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Reports Record Net Revenues for Fourth Quarter and Fiscal Year 2001

SUNNYVALE, Calif., February 25, 2002 -- Macrovision Corporation (NASDAQ:MVSN) announced today that fourth quarter 2001 net revenues were $27.0 million, compared with $24.8 million in the fourth quarter of 2000, an increase of 9%. Pro forma earnings (before goodwill amortization, non-cash deferred compensation expense, impairment losses on investments and restructuring charges) were $12.1 million or 21% higher than the $9.9 million recorded in last year's fourth quarter. Pro forma diluted earnings per share (before goodwill amortization, non-cash deferred compensation expense, impairment losses on investments and restructuring charges) for the quarter rose to $0.23, which was 21% higher than the comparable earnings per share of $0.19 in the fourth quarter a year ago.

Net revenues for the full year of 2001 also set a record high, increasing to $98.8 million from $80.1 million for 2000, an increase of 23%. Pro forma earnings for 2001 were $42.2 million. This was 26% higher than the $33.4 million recorded in 2000. Pro forma diluted earnings per share for 2001 rose to $0.82, which was 26% higher than the comparable earnings per share of $0.65 last year.

Net income (including goodwill amortization, non-cash deferred compensation expense, impairment losses on investments and a restructuring charge) for the fourth quarter of 2001 was $4.1 million. Diluted earnings per share (including goodwill amortization, non-cash deferred compensation expense and impairment losses on investments) for the quarter was $0.08. Net income for the full year of 2001 was $19.2 million. Diluted earnings per share for 2001 was $0.37.

Cash and cash equivalents, short-term investments and long-term marketable securities were $231.0 million as of December 31, 2001, an increase of 6% over December 31, 2000.

These results reflect the inclusion of the operations of Globetrotter Software, Inc., which was acquired on August 31, 2000. The Globetrotter transaction has been accounted for using the "pooling of interests" method. As a result, all financial statements (both current and prior year) are presented on a combined basis.

"We are pleased with our fourth quarter results," said Ian Halifax, CFO at Macrovision. "Our revenues benefited from a strong holiday season for our DVD copy protection solution. The fourth quarter was important to us for a number of reasons, notably the announcement of license agreements with Hyperion, MathSoft and UbiSoft for our SAFEDISC(R) technologies, new releases of our FLEXlm(R) and GTlicensing(TM) products and the launch of our MACROSAFE(TM) digital copy protection and content management platform. We remain comfortable with the 2002 earnings guidance we gave during our December 12, 2001 conference call. Revenues for the first quarter of 2002 are estimated to be in the $20M-$22M range, with pro forma EPS of $0.14-$0.16; for the full year 2002, we anticipate revenues of $103M-$108M, with pro forma EPS of $0.84-$0.88."

Immediately following the Q4 earnings release, Macrovision will hold an investor conference call on February 25, from 2:00 PM to 3:00 PM PST (5:00PM to 6:00PM EST). Investors and analysts interested in participating in the conference are welcome to call 212-346-0291 and enter reservation number 20273418.

The Q4 earnings conference call can also be accessed via live webcast at www.macrovision.com or www.companyboardroom.com or www.streetevents.com (for subscribers) on February 25 at 2:00 PM PST (5:00 PM EST). Approximately 2 hours after the live webcast ends, the on-demand webcast of Macrovision's Q4 earnings conference call can be accessed until March 4, 2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800-633-8284 (or international 858-812-6440) and enter reservation number 20273418. Access to the postview conference is available from 4:00 PM PST on 2/25/02 to 4:00 PM PST on 2/26/02. The conference call script will also be posted on the Company's web site for 30 days.

About Macrovision

Macrovision develops and markets copy protection, rights management and electronic license management technologies for the home video, consumer interactive software, enterprise software and music markets. Macrovision has its corporate headquarters in Sunnyvale, California, with European headquarters in London and Asia-Pacific headquarters in Tokyo.

-- The Video Technology Division provides technologies that are used by motion picture studios, cable and satellite TV operators, consumer electronics companies, and personal computer manufacturers to prevent the unauthorized duplication, reception or use of copyrighted video materials. Over 900 million DVDs, over 3 billion videocassettes, and over 75 million digital set top boxes have utilized Macrovision's video copy protection technologies.

-- The Consumer Software Division provides an integrated suite of tools that enable developers and publishers to protect, distribute, and promote their products securely and effectively, with built-in support for a wide range of robust business models.

-- The Globetrotter Software Division provides FLEXlm electronic license management (ELM) and GTlicensing electronic license distribution (ELD) solutions to independent software vendors (ISVs), as well as SAMsuite software asset management tools for business applications. These products are in use by over 2,500 ISV customers and over 500 large enterprise end-users throughout the world.

Effective March 1, 2002, Macrovision Corporation's new principal place of business will be:

Macrovision Corporation
2830 De La Cruz Boulevard
Santa Clara, CA 95050
Main Tel: (408) 743-8600 or Toll Free: 1-866-891-MVSN
Main Fax: (408) 743-8610

Macrovision, Globetrotter, FLEXlm, GTlicensing, SAFEDISC and MACROSAFE are registered trademarks or trademarks of Macrovision Corporation.

All statements contained herein, including the quotations attributed to Mr. Halifax, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, including statements that use the words "will," "believes," "anticipates," "estimates," "expects," "intends" or "looking to the future" 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. These forward-looking statements include the business strategies and product plans of the Company and the features and benefits of the products of the Company.

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. Among the important factors that could cause results to differ materially are the following: the failure of markets for home video to develop or expand, and the failure of the Company's products to achieve or sustain market acceptance or to meet, or continue to meet, the changing demands of content or software providers. Other factors include those outlined in the Company's Annual Report on Form 10-K for 2000, its Quarterly Reports on Form 10-Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company operates in a continually changing business environment and new factors emerge from time to time. The Company cannot predict such factors, nor can it assess the impact, if any, of such factors on the Company or its results. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Q4 2001 Earnings Release and Conference Call Scheduled

SUNNYVALE, Calif., February 22, 2002 -- Macrovision Corporation (NASDAQ:MVSN), the world's leading supplier of digital rights management and copy protection technologies, announced today that the Company's 4th Quarter Earnings Release for 2001 will take place on February 25, 2002 at 4:30 P.M. EST. The press release will be followed by a conference call from 5:00 P.M. - 6:00 P.M. EST.

Investors and analysts interested in participating in the conference are welcome to call 212/346-0291 and enter reservation number 20273418.

The conference call can also be accessed via live Webcast at www.macrovision.com, or www.companyboardroom.com or www.streetevents.com (for subscribers) on 2/25/2002 at 5:00 p.m. EST. Approximately 1-2 hours after the live Webcast ends, the on-demand Webcast of Macrovision's guidance conference call can be accessed until 3/4/2002.

Investors and analysts interested in listening to a recording of the conference are welcome to call 800/633-8284 (or international 858/812-6440) and enter reservation number 20273418. Access to the postview conference is available from 7:00 P.M. EST on 2/25/2002 to 7:00 P.M. EST on 2/26/2002. The conference call script will be posted on the Company's website approximately 48 hours following the call and will be posted for 30 days.

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