DivX Sponsors Los Angeles Premiere of Compelling Documentary Election Day
July 10 2007 - 4:32PM
Business Wire
DivX, Inc. (NASDAQ:DIVX) today announced that it will sponsor the
Los Angeles premiere of Election Day, the latest documentary by Big
Mouth Films and Arts Engine, along with co-sponsors Netflix and
GOOD Magazine. The production documents voting in the United States
on Election Day, November 2, 2004. Shot in a single day by film
crews from across the country, the film offers a revealing glimpse
into the American democratic process. The LA premiere will be held
on Wednesday, July 11 at the Goodson Theater on the American Film
Institute campus in Los Angeles. Election Day will be preceded by
two shorts, one from GOOD Magazine and another from Arts Engine's
Media That Matters Film Festival. The event is free and open to the
public, and attendees will have a chance to meet the director of
Election Day, Katy Chevigny. Preview footage of the film and
additional content from Arts Engine is available on DivX Stage6 in
the Arts Engine channel: www.stage6.com/Arts-Engine. �Making
Election Day was a reminder to me that the democratic process is
not as neat and tidy as we'd like it to be,� said Katy Chevigny.
�We're delighted to be showing the film to a West Coast audience
and it's an honor to present this film with sponsorship from DivX.�
�DivX is pleased to sponsor such a novel and creative work,� said
Jordan Greenhall, co-founder and CEO at DivX, Inc. �Helping foster
individual creativity has been a central focus for DivX and this
film inherently operates with this passion in mind.� For
information on the film, please visit www.electiondaythemovie.com.
For more information on DivX, please visit www.divx.com. About Arts
Engine Arts Engine, Inc. supports, produces, and distributes
independent media of consequence and promotes the use of
independent media by advocates, educators and the general public.
By fostering the production and use of independent film, video and
new media, Arts Engine connects media makers and active audiences
in order to spur critical consideration of pressing social issues.
For more information, please visit: www.artsengine.net. 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 220 million times
since January 2003, including over 70 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, 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 DivX�s visibility within the
investment community. 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 May 15, 2007. 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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