Humax
DRT400 DVD Recorder With TiVo Breaks $300 Price Point After
$100 Instant Summer Savings Offer
IRVINE, Calif. – August 3, 2005 – Humax USA,
the “Easy-Digital” company, in partnership with TiVo Inc.
(NASDAQ: TIVO), the creator of and a leader in television services for
digital video recorders (DVRs), today announced a $100 instant savings
promotional offer that reduces the Humax DRT400 DVD Recorder retail selling
price to an unprecedented $299. This is the lowest price ever for a DVD
Recorder with TiVo, without a TiVo service rebate requirement. This promotional
offer is available at participating retailers* and ends September 5, 2005.
Hitting the market
in May 2005, and following on the heels of its award-winning predecessor
(DRT800), the DRT400 is comprised of a state-of-the-art 40-hour TiVo Series2™
DVR, a DVD recorder (-R -R/W) and a progressive scan DVD player, making
it an outstanding value. “Now with this $100 instant savings offer,
the DRT400 is nothing short of a steal at $299!” exclaimed Humax
USA Business Development and Strategic Marketing Vice President Tony Goncalves.
Goncalves added, “This
fast-paced summer season is the perfect time to take advantage of the
conveniences that the DRT400 provides -- automatically recording your
favorite summer TV programs while away on vacation and burning them to
DVD to take in the car or on the plane.”
The instant $100 promotional savings is available on all Humax USA DVD
Recorders with TiVo and TiVo Series2? DVRs and does not require buyers
to fill out any additional paperwork or forms.
The Humax USA models
and corresponding manufacturer’s retail selling price after the
$100 instant savings are:
Humax DRT400 40-hour
DVD Recorder with TiVo $299
Humax DRT800 80-hour DVD Recorder with TiVo $399
Humax T800 80-hour TiVo Series2™ DVR $199
Humax T2500 300-hour TiVo Series2™ DVR $499
The TiVo service** is required and sold separately for $12.95 per month,
or a one-time fee of $299 for product lifetime service subscription.
*An updated list of
participating retailers and detailed product information is available
at http://www.humaxusa.com.
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About Humax
Founded in 1989, Humax Co. Ltd of Korea is one of the world’s leading
digital satellite set-top box manufacturers, exporting its products to
more than 90 countries across the globe. Listed on the Korean stock exchange
(KOSDAQ), the company’s international headquarters and research
and design facilities are based in Korea with offices in Australia, Dubai,
Germany, India, Italy, Japan, the UK and the US. In 1997, the company
opened a manufacturing facility in Northern Ireland that won a Queen’s
Award for Enterprise: International Trade 2002. Further production facilities
are located in Korea, India, China and Poland. Humax recorded revenues
exceeded US $400 million in 2004 and has announced plans to increase this
figure to $1 billion by 2006. Humax’s US headquarters are located
in Irvine, CA. For additional information please visit www.humaxusa.com
or phone toll free: 1-866-HUMAXUSA.
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.
** The TiVo service
is required and sold separately. Pricing, terms and conditions of TiVo
service are subject to change without notice. Product lifetime service
applies to the lifetime of the DVR, not the lifetime of the subscriber.
A credit card is required for activation. TiVo service is accessed through
a standard telephone line and is available as a local call in most areas.
In some areas, local and long-distance toll charges may apply.
TiVo, Series2 and
the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or
its subsidiaries in the United States and other jurisdictions. All rights
reserved. All other company or product names mentioned may be trademarks
or registered trademarks of the respective companies with which they are
associated.