DivX Renews Commitment to Offer Its Users Google's Search Capabilities
December 08 2006 - 8:00AM
Business Wire
DivX, Inc. (NASDAQ: DIVX) announced today that it has extended its
multi-year agreement with Google in which DivX bundles the Google
Toolbar with downloads of DivX video software products. DivX will
also bundle the Mozilla Firefox� browser. �The Google Toolbar and
the Mozilla Firefox browser are great products that improve the
Internet experience. I use both products myself, and we�re pleased
to continue to offer them to our users,� said Jordan Greenhall,
co-founder and CEO of DivX, Inc. For more information about DivX
products and technology, visit www.divx.com. About DivX, Inc. 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://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 DivX�s agreement with Google. 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 quarterly report on Form 10-Q filed with the SEC on
November 13, 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. Google is a registered trademark of Google Inc. All
other company and product names may be trademarks of the respective
companies with which they are associated.
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