DivX, Inc. to Webcast at Cowen and Company 2nd Annual Internet Conference
December 01 2006 - 8:00AM
Business Wire
DivX, Inc. (NASDAQ: DIVX) today announced it will be presenting at
the Cowen and Company 2nd Annual Internet Conference in New York,
NY on Thursday, December 7, 2006 at 2:30pm ET. Jordan Greenhall,
CEO, will also be speaking on a panel, Downloading Digital Content:
Who Wins, Who Loses?, at 8:30am ET. A webcast of the general
presentation will be available on the company�s investor relations
website at http://investors.divx.com. About DivX DivX creates
products and services designed to improve the experience of media.
Our first product offering was a video compression-decompression
software library, or codec, which has been actively sought out and
downloaded over 200 million times in the last four years, including
over 60 million times during the last twelve months. We have since
built on the success of our codec with other consumer software,
including the DivX Player application, which is distributed from
our website, http://www.divx.com. We also license our technologies
to consumer hardware device manufacturers and certify their
products to ensure the interoperable support of DivX-encoded
content. In addition to technology licensing to consumer hardware
device manufacturers, we currently generate revenue from software
licensing, advertising and content distribution. Forward-Looking
Statements Statements in this press release that are not strictly
historical in nature constitute "forward-looking statements." Such
statements include, but are not limited to, statements regarding
growth in customers' use of DivX technology, the Company's position
at the forefront of market opportunities, and activities intended
to drive profitable rapid revenue growth. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause DivX's actual results to be materially
different from historical results or from any results expressed or
implied by such forward-looking statements. These factors include,
but are not limited to, the risk that customer use of DivX
technology may not grow as anticipated, the risk that anticipated
market opportunities may not materialize at expected levels, or at
all, the risk that the Company's activities may not result in the
growth of profitable revenue, risks and uncertainties related to
the maintenance and strength of the DivX brand; DivX's ability to
penetrate existing and new markets; the effects of competition;
DivX's dependence on its licensees and partners; the effect of
intellectual property rights claims; and other factors discussed in
the "Risk Factors" section of DivX's final prospectus quarterly
report on Form 10-Q filed with the SEC on September 22, 2006. All
forward-looking statements are qualified in their entirety by this
cautionary statement. DivX is providing this information as of the
date of this release and does not undertake any obligation to
update any forward-looking statements contained in this release as
a result of new information, future events or otherwise. DivX, Inc.
(NASDAQ: DIVX) today announced it will be presenting at the Cowen
and Company 2nd Annual Internet Conference in New York, NY on
Thursday, December 7, 2006 at 2:30pm ET. Jordan Greenhall, CEO,
will also be speaking on a panel, Downloading Digital Content: Who
Wins, Who Loses?, at 8:30am ET. A webcast of the general
presentation will be available on the company's investor relations
website at http://investors.divx.com. About DivX DivX creates
products and services designed to improve the experience of media.
Our first product offering was a video compression-decompression
software library, or codec, which has been actively sought out and
downloaded over 200 million times in the last four years, including
over 60 million times during the last twelve months. We have since
built on the success of our codec with other consumer software,
including the DivX Player application, which is distributed from
our website, http://www.divx.com. We also license our technologies
to consumer hardware device manufacturers and certify their
products to ensure the interoperable support of DivX-encoded
content. In addition to technology licensing to consumer hardware
device manufacturers, we currently generate revenue from software
licensing, advertising and content distribution. Forward-Looking
Statements Statements in this press release that are not strictly
historical in nature constitute "forward-looking statements." Such
statements include, but are not limited to, statements regarding
growth in customers' use of DivX technology, the Company's position
at the forefront of market opportunities, and activities intended
to drive profitable rapid revenue growth. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause DivX's actual results to be materially
different from historical results or from any results expressed or
implied by such forward-looking statements. These factors include,
but are not limited to, the risk that customer use of DivX
technology may not grow as anticipated, the risk that anticipated
market opportunities may not materialize at expected levels, or at
all, the risk that the Company's activities may not result in the
growth of profitable revenue, risks and uncertainties related to
the maintenance and strength of the DivX brand; DivX's ability to
penetrate existing and new markets; the effects of competition;
DivX's dependence on its licensees and partners; the effect of
intellectual property rights claims; and other factors discussed in
the "Risk Factors" section of DivX's final prospectus quarterly
report on Form 10-Q filed with the SEC on September 22, 2006. All
forward-looking statements are qualified in their entirety by this
cautionary statement. DivX is providing this information as of the
date of this release and does not undertake any obligation to
update any forward-looking statements contained in this release as
a result of new information, future events or otherwise.
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